Common use of Cash Collateral Pledge Clause in Contracts

Cash Collateral Pledge. Upon (i) the request of the Agent or the Required Lenders, (A) if any Event of Default has occurred and is continuing, or (B) if, as of the Termination Date, any Letters of Credit may for any reason remain outstanding and partially or wholly undrawn, or (ii) the termination of the Aggregate Commitment, then the Company shall immediately Cash Collateralize the L/C Obligations in an amount equal to such L/C Obligations.

Cash Collateral Pledge. Upon (i) the request of the Administrative Agent or the Required Lenders, (A) if any Event of Default has occurred and is continuing, or (B) if, as of the Termination Date, any Letters of Credit may for any reason remain outstanding and partially or wholly undrawn, or (ii) the termination of the Aggregate Commitment, then the Company shall immediately Cash Collateralize the L/C Obligations in an amount equal to such L/C Obligations.

Cash Collateral Pledge. Upon (i) the request of the Agent or the Required Lenders, (Aa) if the Issuing Bank has honored any Event full or partial drawing request on any Letter of Default Credit and such drawing has occurred and is continuingresulted in an L/C Borrowing hereunder, or (Bb) if, as of the Termination Date, any Letters of Credit may for any reason remain outstanding and partially or wholly undrawn, or (ii) the termination of the Aggregate Commitmentthen, then the Company shall immediately Cash Collateralize the L/C Obligations in an amount equal to such L/C Obligations.

Cash Collateral Pledge. Upon (ia) the request of the Administrative Agent or the Required Lenders, (Ai) if any Event of Default has occurred and is continuing, continuing or (Bii) if, as of the Termination Date, any Letters of Credit may for any reason remain outstanding and partially or wholly undrawn, or (iib) the termination of the Aggregate Commitment, then the Company shall immediately Cash Collateralize the L/C Obligations in an amount equal to such L/C Obligations.