Common use of Cover for Letter of Credit Liabilities Clause in Contracts

Cover for Letter of Credit Liabilities. In the event that the Company shall be required pursuant to this Section 2.10, or pursuant to Section 10 hereof, to provide cover for Letter of Credit Liabilities, the Company shall effect the same by paying to the Agent immediately available funds in an amount equal to the required amount, which funds shall be retained by the Agent in the Collateral Account (as provided therein as collateral security in the first instance for the Letter of Credit Liabilities) until such time as the Letters of Credit shall have been terminated and all of the Letter of Credit Liabilities paid in full.

Cover for Letter of Credit Liabilities. In the event that the Company shall be required pursuant to this Section 2.10, or pursuant to Section 10 hereof, to provide cover for Letter of Credit Liabilities, the Company shall effect the same by paying to the Administrative Agent immediately available funds in an amount equal to the required amount, which funds shall be retained by the Administrative Agent in the Collateral Account (as provided therein as collateral security in the first instance for the Letter of Credit Liabilities) until such time as the Letters of Credit shall have been terminated and all of the Letter of Credit Liabilities paid in full.. Credit Agreement

Cover for Letter of Credit Liabilities. In the event that the Company shall be required pursuant to this Section 2.10, or pursuant to Section 10 hereof, 2.10 to provide cover for Series A Letter of Credit Liabilities, the Company shall effect the same by paying to the Administrative Agent immediately available funds in an amount equal to the required amount, which funds shall be retained by the Administrative Agent in the Collateral Account (as provided therein as collateral security in the first instance for the Series A Letter of Credit Liabilities) until such time as the Series A Letters of Credit shall have been terminated and all of the Series A Letter of Credit Liabilities paid in full.

Cover for Letter of Credit Liabilities. In the event that the Company shall be required pursuant to this Section 2.10, or pursuant to Section 10 hereof, 2.10 to provide cover for Letter of Credit Liabilities, the Company shall effect the same by paying to the Administrative Agent immediately available funds in an amount equal to the required amount, which funds shall be retained by the Administrative Agent in the Collateral Account (as provided therein as collateral security in the first instance for the Letter of Credit LiabilitiesLiabilities as set forth in the Security Agreement) until such time as the Letters of Credit shall have been terminated and all of the Letter of Credit Liabilities paid in full.