Common use of Cash Cover Clause in Contracts

Cash Cover. The Borrower agrees, in addition to the provisions of Section 6.01 hereof, that upon the occurrence and during the continuance of any Event of Default, it shall, if requested by the Servicing Agent upon the instruction of the Required Banks, pay to the Servicing Agent an amount in immediately available funds (which funds shall be held by the Servicing Agent as collateral pursuant to arrangements satisfactory to it) equal to the aggregate amount available for drawing under all Letters of Credit outstanding at such time; provided that upon the occurrence of any Event of Default specified in Section 6.01(g) or Section 6.01(h) with respect to the Borrower, the Borrower shall pay such amount forthwith without any notice or demand or any other act by the Servicing Agent or the Banks.

Cash Cover. The Borrower agrees, in addition to the provisions of Section 6.01 hereof, that upon the occurrence and during the continuance of any Event of Default, it shall, if requested by the Servicing Administrative Agent upon the instruction of the Required BanksLenders, pay to the Servicing Administrative Agent an amount in immediately available funds (which funds shall be held by the Servicing Agent as collateral pursuant to arrangements satisfactory to itthe Administrative Agent) equal to the aggregate amount available for drawing under all Letters of Credit then outstanding at such time; , provided that that, upon the occurrence of any Event of Default specified in Section 6.01(g) or Section 6.01(h) with respect to the BorrowerBorrower or any of its Significant Subsidiaries, the Borrower shall pay such amount forthwith without any notice or demand or any other act by the Servicing Administrative Agent or the BanksLenders.

Cash Cover. The Borrower agrees, in addition to the provisions of Section 6.01 hereof, that upon the occurrence and during the continuance of any Event of Default, it shall, if requested by the Servicing Administrative Agent upon the instruction of Lenders having more than 50% of the Required BanksLetter of Credit Liabilities, pay to the Servicing Administrative Agent an amount in immediately available funds (which funds shall be held by the Servicing Agent as collateral pursuant to arrangements satisfactory to itthe Administrative Agent) equal to the aggregate amount available for drawing under all Letters of Credit then outstanding at such time; provided that that, upon the occurrence of any Event of Default specified in Section 6.01(g6.01(h)(i) or Section 6.01(h6.01(i) with respect to the Borrower, the Borrower shall pay such amount forthwith without any notice or demand or any other act by the Servicing Administrative Agent or the BanksLenders.

Cash Cover. The Borrower agrees, in addition to the provisions of Section 6.01 hereof, that upon the occurrence and during the continuance of any Event of Default, it shall, if requested by the Servicing Administrative Agent upon the instruction of the Required BanksLenders, pay to the Servicing Administrative Agent an amount in immediately available funds (which funds shall be held by the Servicing Agent as collateral pursuant to arrangements satisfactory to itthe Administrative Agent) equal to the aggregate amount available for drawing under all Letters of Credit then outstanding at such time; , provided that that, upon the occurrence of any Event of Default specified in Section 6.01(g) or Section 6.01(h) with respect to the Borrower, the Borrower shall pay such amount forthwith without any notice or demand or any other act by the Servicing Administrative Agent or the BanksLenders.

Cash Cover. The Borrower Company agrees, in addition to the provisions of Section 6.01 hereof, that upon the occurrence and during the continuance of any Event of Default, it shall, if requested by the Servicing Agent upon the instruction of the Required BanksBanks having more than 50% of the Letter of Credit Liabilities, pay to the Servicing Agent an amount in immediately available funds (which funds shall be held by the Servicing Agent as collateral pursuant to arrangements satisfactory to itthe Agent) equal to the aggregate amount available for drawing under all Letters of Credit outstanding at such time; , provided that that, upon the occurrence of any Event of Default specified in Section 6.01(g6.01(f) or Section 6.01(h6.01(g) with respect to the BorrowerCompany, the Borrower Company shall pay such amount forthwith without any notice or demand or any other act by the Servicing Agent or the Banks.

Cash Cover. The Borrower agrees, in addition to the provisions of Section 6.01 7.01 hereof, that upon the occurrence and during the continuance of any Event of Default, it shall, if requested by the Servicing Administrative Agent upon the instruction of the Required Banks, pay to the Servicing Administrative Agent an amount in immediately available funds (which funds shall be held by the Servicing Agent as collateral pursuant to arrangements satisfactory to itfor the Letter of Credit Outstandings) equal to the aggregate amount available for drawing under all Letters of Credit then outstanding at such time; , provided that that, upon the occurrence of any Event of Default specified in Section 6.01(g7.01(g) or Section 6.01(h7.01(h) with respect to the Borrower, the Borrower shall pay such amount forthwith without any notice or demand or any other act by the Servicing Administrative Agent or the Banks.

Cash Cover. The Borrower agrees, in addition to the provisions of Section 6.01 hereof, hereof that upon the occurrence and during the continuance of any Event of Default, it shall, if requested by the Servicing Agent upon the written instruction of the Required Banks, pay to the Servicing Agent an amount in immediately available funds (which funds shall be held by the Servicing Agent as collateral pursuant to arrangements satisfactory to itthe Agent) equal to the aggregate amount available for drawing under all Letters of Credit then outstanding at such time; , provided that that, upon the occurrence of any Event of Default specified in Section 6.01(g6.01(f) or Section 6.01(h6.01(g) with respect to the Borrower, the Borrower shall pay such amount forthwith without any notice or demand or any other act by the Servicing Agent or the Banks.