Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 30 contracts
Samples: Credit Agreement (Necessity Retail REIT, Inc.), Credit Agreement (Umh Properties, Inc.), Credit Agreement (Whitestone REIT)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, 1.9(b) or under Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 14 contracts
Samples: Credit Agreement (Cobra Electronics Corp), Credit Agreement (Lecg Corp), Credit Agreement (DG FastChannel, Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, ) or under Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 14 contracts
Samples: Credit Agreement (Penford Corp), Credit Agreement (Kimball Hill, Inc.), Credit Agreement (Nobel Learning Communities Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(bany of Sections 2.3(b), 2.8(b), Section 1.142.13, Section 2.14, 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 10 contracts
Samples: Credit Agreement (Willdan Group, Inc.), Credit Agreement (Postal Realty Trust, Inc.), Credit Agreement (Performant Financial Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit issued for the account of a Borrower hereunder is required under Section 1.8(b1.9(b), Section 1.141.15, Section 9.2 or Section 9.3 above, the such Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 9 contracts
Samples: Credit Agreement (J M SMUCKER Co), Revolving Credit Agreement (J M SMUCKER Co), Credit Agreement
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay one hundred three percent (103%) of the amount required to be so prepaidprepaid (to cash collateralize fees and interest as well as the amount of the Letter of Credit), to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 7 contracts
Samples: Credit Agreement (CTO Realty Growth, Inc.), Credit Agreement (CTO Realty Growth, Inc.), Credit Agreement (Alpine Income Property Trust, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b1.2(b), Section 1.14, Section 9.2 10.2 or Section 9.3 10.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 7 contracts
Samples: Credit Agreement (Arthur J. Gallagher & Co.), Multicurrency Credit Agreement (Gallagher Arthur J & Co), Multicurrency Credit Agreement
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b1.3(b), Section 1.143.3, Section 9.2 8.2, or Section 9.3 above8.3 hereof, the Borrower Company shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent Lender as provided in subsection (b) below.
Appears in 6 contracts
Samples: Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit Credit, including, without limitation, any and all L/C Obligations, is required under Section 1.8(b), 2.8(b) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 6 contracts
Samples: Assignment and Assumption (McBc Holdings, Inc.), Credit and Guaranty Agreement (McBc Holdings, Inc.), Credit and Guaranty Agreement (McBc Holdings, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.8(c)(iv) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 6 contracts
Samples: Loan Agreement (Worldpay, Inc.), Loan Agreement (Vantiv, Inc.), Loan Agreement (Vantiv, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 7.2 or Section 9.3 above7.3, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 6 contracts
Samples: Credit Agreement (Palex Inc), Secured Credit Agreement (Palex Inc), 6 Credit Agreement (Landmark Graphics Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 7.2 or Section 9.3 above7.3, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 6 contracts
Samples: Revolving Credit Agreement (Globalsantafe Corp), Revolving Credit Agreement (Transocean Inc), 364 Day Credit Agreement (Transocean Sedco Forex Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.7(b) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 5 contracts
Samples: Credit Agreement (Delek US Holdings, Inc.), Credit Agreement (Cleveland Cliffs Inc), Credit Agreement (Cleveland Cliffs Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment provision of the amount available for drawing under any Cash Collateral in respect of any or all outstanding Letters of Credit is required under Section 1.8(b2.7(b), Section 1.142.14, Section 2.15, Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaidprovide such Cash Collateral, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 5 contracts
Samples: Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b)) hereof, Section 1.141.14 hereof, Section 9.2 hereof or Section 9.3 abovehereof, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (bSection 9.4(b) belowhereof.
Appears in 5 contracts
Samples: Credit Agreement (Centerspace), Credit Agreement (Centerspace), Credit Agreement (Investors Real Estate Trust)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(bany of Sections 2.3(b), Section 1.142.8(b), Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent Bank as provided in subsection (b) below.
Appears in 4 contracts
Samples: Credit Agreement (Willdan Group, Inc.), Credit Agreement (Pioneer Power Solutions, Inc.), Credit Agreement (Willdan Group, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.8(b) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 4 contracts
Samples: Credit Agreement (Granite City Food & Brewery Ltd.), Credit Agreement (Granite City Food & Brewery LTD), Credit Agreement (Champion Industries Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, 1.9(b) or under Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 4 contracts
Samples: Credit Agreement (Vision Twenty One Inc), Credit Agreement (Diamond Home Services Inc), Credit Agreement (Vision Twenty One Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.8(c)(v) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 4 contracts
Samples: Loan Agreement (Western Digital Corp), Loan Agreement (Western Digital Corp), Loan Agreement (Western Digital Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under any of Section 1.8(b2.3(b), Section 1.142.8(b), Section 2.13, 2.14, 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 4 contracts
Samples: Credit Agreement (Envestnet, Inc.), Credit Agreement (Envestnet, Inc.), Credit Agreement (Envestnet, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, 1.9(b) or under Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay in cash the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 3 contracts
Samples: Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (Dave & Buster's Entertainment, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.8(c)(v) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Lead Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 3 contracts
Samples: Loan Agreement (Western Digital Corp), Loan Agreement (Western Digital Corp), Restatement Agreement (Western Digital Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit L/C Obligations is required under Section 1.8(b), Section 1.14, Section 9.2 8.2 or Section 9.3 above8.3, the Borrower shall forthwith pay the amount required to be so prepaid, prepaid to be held by the Administrative Agent as provided in subsection (b) belowSection 8.4(b).
Appears in 3 contracts
Samples: Credit Agreement (Seacor Holdings Inc /New/), Credit Agreement (Seacor Holdings Inc /New/), Credit Agreement (Seacor Holdings Inc /New/)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(bSections 2.3(b), Section 1.142.9(b), Section 9.2 2.19, 2.20, 8.2 or Section 9.3 8.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 3 contracts
Samples: Multicurrency Credit Agreement (Fenix Parts, Inc.), Multicurrency Credit Agreement (Fenix Parts, Inc.), Multicurrency Credit Agreement (Fenix Parts, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(bSections 2.3(b), Section 1.142.3(c), Section 9.2 8.2, 8.3 or Section 9.3 aboveotherwise, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 3 contracts
Samples: Credit Agreement (Transport Corporation of America Inc), Credit Agreement (Transport Corporation of America Inc), Credit Agreement (Transport Corporation of America Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.141.15, Section 9.2 or Section 9.3 aboveabove or a deposit to the Collateral Account is otherwise required pursuant to Section 1.9(b), the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 3 contracts
Samples: Credit Agreement (Boulder Brands, Inc.), Credit Agreement (Boulder Brands, Inc.), Credit Agreement (Smart Balance, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, ) or under Section 9.2 or Section 9.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 3 contracts
Samples: Credit Agreement (Rc2 Corp), Credit Agreement (Racing Champions Corp), Credit Agreement (Racing Champions Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.8(c)(iv) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 3 contracts
Samples: Loan Agreement (Vantiv, Inc.), Loan Agreement (Vantiv, Inc.), Loan Agreement (Vantiv, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, 2.3(b) or under Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 3 contracts
Samples: Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Federal Signal Corp /De/)
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 1.2(d) or Section 9.3 5.4(c) or under Section 13.2 or 13.3 above, the Borrower Company and (subject to Section 17.19) the other Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit Agreement (Sickinger Co), Credit Agreement (General Binding Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.141.18, Section 9.2 or Section 9.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit Agreement (Rc2 Corp), Credit Agreement (Rc2 Corp)
Collateral for Undrawn Letters of Credit. (a) If the prefunding or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b)1.3, Section 1.141.15, Section 9.2 or Section 9.3 above, including, without limitation, a requirement to Cash Collateralize any or all outstanding Letters of Credit, the Borrower Borrowers shall forthwith pay the amount required to be so prefunded or prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Sparton Corp), Credit and Guaranty Agreement (Sparton Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b2.9(b), Section 1.142.17, Section 9.2 8.2 or Section 9.3 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit Agreement (Sterling Construction Co Inc), Credit Agreement (Sterling Construction Co Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 or Section 9.3 aboveabove or any other provision hereof, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, 1.11(b) or under Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit Agreement (Apac Teleservices Inc), Credit Agreement (Apac Teleservices Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.141.13, Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit Agreement (Intl Fcstone Inc.), Credit Agreement (Intl Fcstone Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), ) or under Section 1.14, Section 9.2 8.2 or Section 9.3 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit Agreement (Hewitt Associates Inc), Credit Agreement (Hewitt Associates Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.7 or under Section 1.14, Section 9.2 6.2 or Section 9.3 6.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit Agreement (Hewitt Associates Inc), Credit Agreement (Hewitt Associates Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.7(b) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit Agreement (American Pharmaceutical Partners Inc /De/), Credit Agreement (Abraxis BioScience, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b1.9(b), Section 1.141.15, Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit Agreement (Smart Balance, Inc.), Credit Agreement (Smart Balance, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.8(c) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Loan Agreement (Fifth Third Bancorp), Loan Agreement (Fifth Third Bancorp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.8(c)(iv) or under Section 1.14, Section 9.2 8.2 or Section 9.3 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Credit and Guarantee Agreement (Lions Gate Entertainment Corp /Cn/), Credit and Guarantee Agreement (Lions Gate Entertainment Corp /Cn/)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.8(c)(iii) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 2 contracts
Samples: Loan Agreement (Vantiv, Inc.), Loan Agreement (Vantiv, Inc.)
Collateral for Undrawn Letters of Credit. (a) If a)If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay one hundred three percent (103%) of the amount required to be so prepaidprepaid (to cash collateralize fees and interest as well as the amount of the Letter of Credit), to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Alpine Income Property Trust, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 SECTION 7.2 or Section 9.3 above7.3, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(bany of Sections 2.2(b), 2.6(b), Section 1.142.12, Section 2.13, 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.15 or under Section 1.14, Section 9.2 or Section 9.3 above8.2, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided additional Collateral (as defined in subsection (bthe Security Agreements) belowon the same terms and conditions on which the Collateral is held.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under any of Section 1.8(b2.03(b), Section 1.142.09(b), Section 9.2 2.14, 2.15, 9.02 or Section 9.3 9.03 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.below.\
Appears in 1 contract
Samples: Credit Agreement (Dynatrace, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b)7.2 or 7.3, or if cash collateral is required to be provided by the Borrower pursuant to Section 1.14, Section 9.2 or Section 9.3 above2.14, the Borrower shall forthwith pay in cash the amount required to be so prepaidprepaid or provided, to be held by the Administrative Agent Agent, in its capacity as Collateral Agent, as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, 1.9(b) or under Section 9.2 or Section 9.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (bc) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(bany of Sections 2.5(b), Section 1.142.11(b), Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent Bank as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 or Section 9.3 6.01 above, the Borrower Company shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Donnelley Enterprise Solutions Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 7.2 or Section 9.3 above7.3, the Borrower Company shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b1.9(b), 1.13, or under Section 1.14, Section 9.2 8.2 or Section 9.3 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Maf Bancorp Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 1.2(b) or under Section 1.14, Section 9.2 8.2 or Section 9.3 8.3 above, the Borrower Allex Xxxup shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Allen Group Inc
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 or Section 9.3 above, the Borrower Parent shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(bany of Sections 2.2(b), Section 1.142.7(b), Section 2.12, 2.13, 9.2 or Section 9.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Hub Group, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 1.2(b) or under Section 1.14, Section 9.2 8.2 or Section 9.3 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Allen Group Inc)
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b1.2(b), Section 1.14, Section 9.2 10.2 or Section 9.3 10.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Multicurrency Credit Agreement (Gallagher Arthur J & Co)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.141.16, Section 9.2 or Section 9.3 abovehereof, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (CTS Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding U.S. Letters of Credit is required under Section 1.8(b), 2.2(b) or under Section 1.14, Section 9.2 8.2 or Section 9.3 8.3 above, the U.S. Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Penford Corp)
Collateral for Undrawn Letters of Credit. (a) If the Borrower is required to deliver cash collateral under Section 1.3(b) hereof or if the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, ) or under Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Penford Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment or cash collateralization of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b2.7(b), Section 1.14, Section 9.2 10.2 or Section 9.3 above10.3 above (together with any accrued and unpaid fees), the Borrower shall forthwith pay the amount required to be so prepaidprepaid or cash collateralized, to be held by the Administrative Agent as provided in subsection clause (b) below.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Greenbacker Renewable Energy Co LLC)
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b1.2(b), Section 1.14, Section 9.2 10.2 or Section 9.3 10.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, ) or under Section 9.2 or Section 9.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Security Agreement (Synalloy Corp)
Collateral for Undrawn Letters of Credit. (a1) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 7.2 or Section 9.3 above7.3, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.)
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, 1.9(b) or under Section 9.2 or Section 9.3 above, the Borrower Company shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 1.2(b) or Section 9.3 3.3(b) or under Section 10.2 or 10.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 7.2 or Section 9.3 above, the Borrower 7.3,the Company shall forthwith pay the amount required to be so prepaid, prepaid to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Revolving Credit Agreement (Noble Corp / Switzerland)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under any of Section 1.8(b2.2(b), Section 1.142.7(b), Section 2.12, 2.13, 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Envestnet, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), under Section 1.14, 1.2(c) or under Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(bany of Sections 2.3(b), 2.8(b), Section 1.142.13, Section 2.14, 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the Borrower is required to deliver Cash Collateral under Section 1.2(b) or 1.15 hereof or if the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, ) or under Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Penford Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, ) or under Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaidprepaid (not to exceed 105% of the L/C Obligations then outstanding), to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Lincoln Educational Services Corp)
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 10.2 or Section 9.3 10.3 above, the Borrower shall forthwith pay the amount required to be so paid or prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 or Section 9.3 9.1 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Revolving Credit Agreement (Lazare Kaplan International Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b2.8(b), Section 1.142.13, Section 9.2 8.2 or Section 9.3 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent Bank as provided in subsection (b) of this Section, below.
Appears in 1 contract
Samples: Credit Agreement (Female Health Co)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b2.03(b), Section 1.14, Section 9.2 2.13(a) or Section 9.3 above7.01, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Carson Pirie Scott & Co /Il/)
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 1.3(d) or Section 9.3 5.4(b) or under Section 13.2 or 13.3 above, the Borrower Company and 91 (subject to Section 17.19) the other Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Multicurrency Credit Agreement (General Binding Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b)1.2, Section 1.14, Section 9.2 8.2 or Section 9.3 above8.3, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prefunding or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b1.3, Section 1.9(b), Section 1.141.15, Section 9.2 or Section 9.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prefunded or prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 1.14(c) or under Section 1.14, Section 9.2 8.2 or Section 9.3 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.pay
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 1.3(b) or Section 9.3 4.5(b) or under Section 10.2 or Section 10.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.141.17, Section 9.2 or Section 9.3 abovehereof, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (CTS Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.141.17, Section 9.2 or Section 9.3 abovehereof, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (CTS Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 7.2 or Section 9.3 above7.3, the Borrower shall forthwith pay in cash the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.8(b) or under Section 1.14, Section 9.2 7.2 or Section 9.3 7.3 above, the Borrower Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(bany of Sections 2.3(b), Section 1.142.8(b), Section 2.13, 2.14, 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Shimmick Corp)
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 2.8(b) or under Section 1.14, Section 9.2 8.2 or Section 9.3 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (NRG Energy Inc)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(bany of Sections 2.2(b), Section 1.142.7(b), Section 2.12, 2.13, 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Hub Group, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 1.3(d) or Section 9.3 5.4(c) or under Section 13.2 or 13.3 above, the Borrower Company and (subject to Section 17.19) the other Borrowers shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Multicurrency Credit Agreement (General Binding Corp)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), 1.8(c) or under Section 1.14, Section 9.2 8.2 or Section 9.3 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Information Resources Inc
Collateral for Undrawn Letters of Credit. (a) If the ---------------------------------------- prepayment of the amount available for drawing under any or all outstanding Letters of Credit or Agent Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 7.2 or Section 9.3 above7.3, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, 1.9(b) or under Section 9.2 or Section 9.3 above9.3, the Borrower shall forthwith pay in cash the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Samples: Credit Agreement (Dave & Buster's Entertainment, Inc.)
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b2.7(b), Section 1.14, Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b1.9(b), Section 1.14, 1.16 or under Section 9.2 or Section 9.3 above, the Borrower Company shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract