Common use of Actions in Respect of Letters of Credit Clause in Contracts

Actions in Respect of Letters of Credit. At any time (i) upon the Termination Date, (ii) after the Termination Date when the aggregate funds on deposit in L/C Cash Collateral Accounts shall be less than 105% of the L/C Obligations for all Letters of Credit at such time and (iii) as required by Section 2.12, the Borrower shall pay to the Administrative Agent in REVOLVING CREDIT AGREEMENT [DAYTON SUPERIOR CORPORATION] immediately available funds at the Administrative Agent's office referred to in Section 11.11, for deposit in a L/C Cash Collateral Account, the amount required so that, after such payment, the aggregate funds on deposit in the L/C Cash Collateral Accounts equals or exceeds 105% of the L/C Obligations for all Letters of Credit at such time (not to exceed, in the case of clause (iii) above, the payment to be applied pursuant to Section 2.12 to provide cash collateral for Letters of Credit).

Actions in Respect of Letters of Credit. At any time (i) upon the Revolving Credit Termination Date, (ii) after the Revolving Credit Termination Date when the aggregate funds on deposit in L/C Cash Collateral Accounts shall be less than 105% of the L/C Obligations for all Letters Letter of Credit at such time and Obligations, (iii) as may be required by Section 2.122.9(b) or (c) (Mandatory Prepayments), the Borrower shall pay to the Administrative Agent in REVOLVING CREDIT AGREEMENT [DAYTON SUPERIOR CORPORATION] immediately available funds at the Administrative Agent's office referred to in Section 11.1111.8 (Notices, Etc.), for deposit in a L/C Cash Collateral Account, (x) in the case of clauses (i) and (ii) above, the amount required so that, after such payment, the aggregate funds on deposit in the L/C Cash Collateral Accounts equals or exceeds 105% of the L/C Obligations for sum of all Letters outstanding Letter of Credit at such time Obligations and (not to exceed, y) in the case of clause (iii) above, the payment to be applied pursuant to amount required by Section 2.12 to provide cash collateral for Letters of Credit).2.9(b) or (d) (

Actions in Respect of Letters of Credit. At any time (i) upon the Revolving Credit Termination Date, (ii) after the Revolving Credit Termination Date when the aggregate funds on deposit in L/C Cash Collateral Accounts shall be less than 105% outstanding amount of the all L/C Obligations for all Letters of Credit at such time and Obligations, (iii) as may be required by Section 2.122.08(c) or (d) (Mandatory Prepayments), the Borrower shall pay to the Revolving Credit Facility Administrative Agent in REVOLVING CREDIT AGREEMENT [DAYTON SUPERIOR CORPORATION] immediately available funds at the applicable Administrative Agent's office referred to in Section 11.1111.02 (Notices, Etc.), for deposit in a L/C Cash Collateral Account, (x) in the case of clauses (i) and (ii) above, the amount required so to that, after such payment, the aggregate funds on deposit in the L/C Cash Collateral Accounts equals or exceeds 105% the sum of the all outstanding L/C Obligations for all Letters of Credit at such time and (not to exceed, y) in the case of clause (iii) above, the payment to be applied pursuant to amount required by Section 2.12 to provide cash collateral for Letters of Credit).2.08(c) or (d) (

Actions in Respect of Letters of Credit. At any time (i) upon the Revolving Credit Termination Date, (ii) after the Revolving Credit Termination Date when the aggregate funds on deposit in L/C Cash Collateral Accounts shall be less than 105% of the L/C Obligations for all Letters Letter of Credit at such time and Obligations, or (iii) as may be required by Section 2.122.9(a) (Mandatory Prepayments), the Borrower shall pay to the Administrative Agent in REVOLVING CREDIT AGREEMENT [DAYTON SUPERIOR CORPORATION] immediately available funds at the Administrative Agent's office referred to in Section 11.1111.8 (Notices, Etc.), for deposit in a L/C Cash Collateral Account, (x) in the case of clauses (i) and (ii) above, the amount required so to that, after such payment, the aggregate funds on deposit in the L/C Cash Collateral Accounts equals or exceeds 105% of the L/C Obligations for sum of all Letters outstanding Letter of Credit at such time Obligations and (not to exceed, y) in the case of clause (iii) above, the payment to be applied pursuant to amount required by Section 2.12 to provide cash collateral for Letters of Credit).2.9(a) (

Actions in Respect of Letters of Credit. At any time (i) upon the Revolving Credit Commitment Termination Date, (ii) after the Revolving Credit Commitment Termination Date when the aggregate funds on deposit in L/C Cash Collateral Accounts shall be less than 105% of the L/C Obligations for all Letters Letter of Credit at such time Obligations, and (iii) as may be required by Section 2.122.8(b) or (c) (Mandatory Prepayments), the Borrower shall pay to the Administrative Agent in REVOLVING CREDIT AGREEMENT [DAYTON SUPERIOR CORPORATION] immediately available funds at the Administrative Agent's office referred to in Section 11.1111.8 (Notices, Etc.), for deposit in a L/C Cash Collateral Account, (A) in the case of clauses (i) and (ii) above, the amount required so to that, after such payment, the aggregate funds on deposit in the L/C Cash Collateral Accounts equals or exceeds 105% of the L/C Obligations for sum of all Letters outstanding Letter of Credit at such time Obligations and (not to exceed, B) in the case of clause (iii) above, the payment to be applied pursuant to amount required by Section 2.12 to provide cash collateral for Letters of Credit).2.8(b) or (c) (

Actions in Respect of Letters of Credit. At any time (i) upon the Revolving Credit Termination Date, (ii) after the Revolving Credit Termination Date when the aggregate funds on deposit in L/C Cash Collateral Accounts shall be less than 105% of the L/C Obligations for all Letters Letter of Credit at such time and Obligations, or (iii) as may be required by Section 2.122.8(c) or (d) (Mandatory Prepayments), the Borrower shall pay to the Administrative Agent in REVOLVING CREDIT AGREEMENT [DAYTON SUPERIOR CORPORATION] immediately available funds at the Administrative Agent's ’s office referred to in Section 11.1111.8 (Notices, Etc.) for deposit in a L/C Cash Collateral Account, (x) in the case of clauses (i) and (ii) above, the amount required so such that, after such payment, the aggregate funds on deposit in the L/C Cash Collateral Accounts equals or exceeds 105% of the L/C Obligations for sum of all Letters outstanding Letter of Credit at such time Obligations and (not to exceed, y) in the case of clause (iii) above, the payment to be applied pursuant to amount required by Section 2.12 to provide cash collateral for Letters of Credit).2.8(c) or (d) (

Actions in Respect of Letters of Credit. At any time (i) upon the Revolving Credit Termination Date, (ii) after the Revolving Credit Termination Date when the aggregate funds on deposit in L/C Cash Collateral Accounts shall be less than 105% of the L/C Obligations for all Letters Letter of Credit at such time Obligations, and (iii) as may be required by Section 2.122.4(b) or Section 2.9(b) or (c) (Mandatory Prepayments), the Borrower shall pay to the Administrative Agent in REVOLVING CREDIT AGREEMENT [DAYTON SUPERIOR CORPORATION] immediately available funds at the Administrative Agent's office referred to in Section 11.1113.8, for deposit in a L/C Cash Collateral Account, (x) in the case of clauses (i) and (ii) above, the amount required so to that, after such payment, the aggregate funds on deposit in the L/C Cash Collateral Accounts equals or exceeds 105% of the L/C Obligations for sum of all Letters outstanding Letter of Credit at such time Obligations and (not to exceed, y) in the case of clause (iii) above, the payment to be applied pursuant to amount required by Section 2.12 to provide cash collateral for Letters of Credit).2.4(b) or Section 2.9(b) or (c) (