Common use of Cash Collateral Call Clause in Contracts

Cash Collateral Call. If any Revolving Lender becomes, and during the period it remains, a Defaulting Lender, if any Letter of Credit is at the time outstanding, the applicable L/C Issuer may (except, in the case of a Defaulting Lender, to the extent the Revolving Commitments have been fully reallocated pursuant to Section 2.14(b)), by notice to the Borrower and such Defaulting Lender through the Administrative Agent, require the Borrower to Cash Collateralize the obligations of the Borrower to such L/C Issuer in respect of such Letter of Credit in amount at least equal to the aggregate amount of the unreallocated obligations (contingent or otherwise) of such Defaulting Lender in respect thereof, or to make other arrangements satisfactory to the Administrative Agent, and to such L/C Issuer in their sole discretion to protect them against the risk of non-payment by such Defaulting Lender.

Cash Collateral Call. If any Revolving Lender Bank becomes, and during the period it remains, a Defaulting Lender or a Potential Defaulting Lender, if any Letter of Credit is at the time outstanding, the applicable L/C Issuer Issuing Bank may (except, in the case of a Defaulting Lender, to the extent the Revolving Commitments have been fully reallocated pursuant to Section 2.14(b2.21(a)), by notice to the Borrower and such Defaulting Lender or Potential Defaulting Lender through the Administrative Agent, require the Borrower to Cash Collateralize the obligations of the Borrower to such L/C Issuer Issuing Bank in respect of such Letter of Credit in amount at least equal to the aggregate amount of the unreallocated obligations (contingent or otherwise) of such Defaulting Lender or such Potential Defaulting Lender in respect thereof, or to make other arrangements satisfactory to the Administrative Agent, and to such L/C Issuer Issuing Bank in their its sole discretion to protect them it against the risk of non-payment by such Defaulting Lender or Potential Defaulting Lender.