Common use of Distributions with Respect to Letters of Credit Clause in Contracts

Distributions with Respect to Letters of Credit. Each of the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the Collateral Agent as cash security for the repayment of Finance Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account and distributed in accordance with Section 8.03(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement all L/C Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account as cash security for the repayment of Finance Senior Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the L/C Cash Collateral Account and distributed in accordance with Section 8.03(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the XX Xxxx Collateral Agent Account as cash security for the repayment of Finance Senior Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the XX Xxxx Collateral Account and distributed in accordance with Section 8.03(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account as cash security for the repayment of Finance Senior Credit Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Credit Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the L/C Cash Collateral Account and distributed in accordance with Section 8.03(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account as cash security for the repayment of Finance Senior Credit Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Credit Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the L/C Cash Collateral Account and distributed in accordance with Section SECTION 8.03(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Credit Parties and the Secured Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit L/C Disbursements have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account as cash security for the repayment of Finance Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Obligations of the LendersLenders as such. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the L/C Cash Collateral Account and distributed in accordance with Section 8.03(a5.04(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account as cash security for the repayment of Finance Senior Credit Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Credit Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the L/C Cash Collateral Account and distributed in accordance with Section 8.03(aSECTION 8.03(A) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the XX Xxxx Collateral Agent Accounts as cash security for the repayment of Finance Senior Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the relevant Collateral Agent from such cash collateral account the relevant XX Xxxx Collateral Account and distributed in accordance with Section SECTION 8.03(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Guarantors and the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit L/C Disbursements have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account as cash security for the repayment of Finance Guaranteed Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Guaranteed Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the L/C Cash Collateral Account and distributed in accordance with Section 8.03(a1.03(c)(i) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account as cash security for the repayment of Finance Senior Credit Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Credit Obligations of the Lendersand Swap Obligations in accordance with Section 8.03(a) hereof. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the L/C Cash Collateral Account and distributed in accordance with Section 8.03(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the LX Xxxx Collateral Agent Account as cash security for the repayment of Finance Senior Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the LX Xxxx Collateral Account and distributed in accordance with Section 8.03(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Loan Parties and the Secured Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit L/C Disbursements have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the Cash Collateral Agent Account as cash security for the repayment of Finance Senior Credit Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Credit Obligations of the LendersLenders as such. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the Cash Collateral Account and distributed in accordance with Section 8.03(a5.04(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Loan Parties and the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit L/C Disbursements have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account as cash security for the repayment of Finance Senior Credit Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Credit Obligations of the LendersLenders as such. If there remains any excess cash security, such excess cash shall be withdrawn by the Senior Collateral Agent from such cash collateral account the L/C Cash Collateral Account and distributed in accordance with Section 8.03(a5.05(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the Collateral Agent as cash security for the repayment of Finance Obligations owing to the Lenders as such. Upon termination of all - 152 - outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account and distributed in accordance with Section 8.03(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Loan Parties and the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement L/C Obligations with respect to Letters of Credit under the Senior Finance Documents have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account (as defined in the Security Agreement) as cash security for the repayment of Finance Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Obligations of the Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the Cash Collateral Account and distributed in accordance with Section 8.03(a6.07(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Loan Parties and the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement L/C Obligations with respect to Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account as cash security for the repayment of Finance Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Obligations of the LendersFinance Parties. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the L/C Cash Collateral Account and distributed in accordance with Section 8.03(a5.04(a) hereof.

Distributions with Respect to Letters of Credit. Each of the Loan Parties and the Finance Parties agrees and acknowledges that if (after all outstanding Loans and Reimbursement Obligations with respect to Letters of Credit L/C Disbursements have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under this the Credit Agreement, such amounts shall be deposited in a cash collateral account to be controlled by the L/C Cash Collateral Agent Account as cash security for the repayment of Finance Senior Credit Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Finance Senior Credit Obligations of the LendersLenders as such. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from such cash collateral account the L/C Cash Collateral Account and distributed in accordance with Section 8.03(a5.05(a) hereof.