Common use of Cash Collateralization of Certain Letters of Credit Clause in Contracts

Cash Collateralization of Certain Letters of Credit. If U.S. Bank discontinues its commitment to extend the revolving credit facility to the Contran Companies, and at that time any letter of credit or letters of credit are outstanding under the 1998 Loan Documents, the Contran Companies within three Business Days of U.S. Bank's termination of that credit commitment shall deposit with U.S. Bank cash in an amount specified by U.S. Bank in its reasonable discretion sufficient to fully collateralize the Contran Companies' obligations in respect of such letters of credit.

Cash Collateralization of Certain Letters of Credit. If U.S. Bank discontinues its commitment to extend the revolving credit facility to the Contran Companies, and at that time any letter of credit or letters of credit are outstanding under the 1998 Loan Documents, the Contran Companies within three Business Days of U.S. Bank's ’s termination of that credit commitment shall deposit with U.S. Bank cash in an amount specified by U.S. Bank in its reasonable discretion sufficient to fully collateralize the Contran Companies' ’ obligations in respect of such letters of credit.