Calls. (a) Each Chargor must pay all calls and other payments due and payable in respect of any of its Investments. (b) If a Chargor fails to do so, the Collateral Agent may (at its discretion) pay those calls or other payments on behalf of that Chargor. That Chargor must immediately on request reimburse the Collateral Agent for any payment made by the Collateral Agent under this Subclause and, pending reimbursement, that payment will constitute part of the Secured Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Novelis South America Holdings LLC), Credit Agreement (Novelis South America Holdings LLC)
Calls. (a) Each The Chargor must pay all calls and or other payments due and payable in respect of any of its InvestmentsInvestment.
(b) If a the Chargor fails to do so, the Collateral Agent may (at its discretion) pay those the calls or other payments on behalf of that the Chargor. That The Chargor must immediately on request reimburse the Collateral Agent for any payment made by the Collateral Agent under this Subclause and, pending reimbursement, that payment will constitute part of the Secured ObligationsSubclause.
Appears in 2 contracts
Samples: Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc)
Calls. (a) Each Chargor must pay all calls and or other payments due and payable in respect of any of its InvestmentsShares.
(b) If a Chargor fails to do so, the Notes Collateral Agent may (at its discretionbut shall not be obligated to) pay those the calls or other payments on behalf of that Chargor. That Chargor Xxxxxxx must immediately on request reimburse the Notes Collateral Agent for any payment made by the Notes Collateral Agent under this Subclause and, pending reimbursement, that payment will constitute part of the Secured ObligationsClause.
Appears in 1 contract
Calls. (a) Each Chargor must pay all calls and other payments due and payable in respect of any of its InvestmentsSecurity Assets.
(b) If a Chargor fails to do so, the Collateral Agent may (at its discretion) pay those calls or other payments on behalf of that Chargor. That Chargor must immediately promptly on request reimburse the Collateral Agent for any payment made by the Collateral Agent under this Subclause and, pending reimbursement, that payment will constitute part of the Secured ObligationsClause 6.5 (Calls).
Appears in 1 contract
Samples: Security Agreement (Mimecast LTD)
Calls. (a) Each Chargor must pay all calls and or other payments due and payable in respect of any of its InvestmentsShares.
(b) If a Chargor fails to do so, the Notes Collateral Agent may (at its discretionbut shall not be obligated to) pay those the calls or other payments on behalf of that Chargor. That Chargor must immediately on request reimburse the Notes Collateral Agent for any payment made by the Notes Collateral Agent under this Subclause and, pending reimbursement, that payment will constitute part of the Secured ObligationsClause.
Appears in 1 contract
Calls. (a) Each Chargor must pay all calls and other payments due and payable in respect of any of its Investmentsinvestments.
(b) If a Chargor fails to do so, the Collateral Agent may (at its discretion) pay those calls or other payments on behalf of that Chargor. That Chargor must immediately on request reimburse the Collateral Agent for any payment made by the Collateral Agent under this Subclause and, pending reimbursement, that payment will constitute part of the Secured Obligations.
Appears in 1 contract
Samples: Credit Agreement (Novelis South America Holdings LLC)