Common use of Eurodollar Prepayment Account Clause in Contracts

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b), so long as no Event of Default exists, the Parent Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Agent) by and in the sole dominion and control of the Applicable Agent. Any amounts so deposited shall be held by the Applicable Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable thereto, (y) three months following the date of such deposit and (z) at the election of the Applicable Agent, upon the occurrence of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Borrower and the Parent Borrower will deposit with the Applicable Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b2.05(b), so long as no Event of Default exists, the Parent Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable theretothereto or, (y) three months following the date of such deposit and (z) sooner, at the election of the Applicable Administrative Agent, upon the occurrence of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Borrower and the Parent Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b), so long as no Event of Default exists, the Parent Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable thereto, (y) three months following the date of such deposit and (z) at the election of the Applicable Administrative Agent, upon the occurrence of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Borrower and the Parent Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b2.05(b) (other than Section 2.05(b)(i), ) so long as no Event of Default exists, the Parent Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable theretothereto or, (y) three months following the date of such deposit and (z) sooner, at the election of the Applicable Administrative Agent, upon the occurrence of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Borrower and the Parent Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If the Parent Applicable Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b2.05(b), so long as no Event of Default exists, the Parent Applicable Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable theretothereto or, (y) three months following the date of such deposit and (z) sooner, at the election of the Applicable Administrative Agent, upon the occurrence of an Event of Default. At the request of the Parent Applicable Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Applicable Borrower and the Parent Applicable Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b2.05(b), so long as no Event of Default exists, the Parent Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable thereto, (y) three months following the date of such deposit and (z) thereto or sooner at the election of the Applicable Agent, Administrative Agent upon the occurrence of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any . Any interest earned on such Cash Equivalents so invested by the Administrative Agent at the request of the Borrower will be for the account of the Parent Borrower and Borrower; provided, however, that the Parent Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent and within the time necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b), so long as no Event of Default exists, the Parent Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable thereto, (y) three months following the date of such deposit and (z) at the election of the Applicable Administrative Agent, upon the occurrence of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents readily available to the Administrative Agent for such purpose maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Borrower and the Parent Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b), so long as no Event of Default exists, the Parent Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable thereto, (y) three (3) months following the date of such deposit and (z) at the election of the Applicable Administrative Agent, upon the occurrence of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Borrower and the Parent Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b), so long as no Event of Default exists, the Parent Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable thereto, (y) three months following the date of such deposit and (z) at the election of the Applicable Administrative Agent, upon the occurrence of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents (subject to no Liens other than Liens created under the Credit Documents) readily available to the Administrative Agent for such purpose and maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Borrower and the Parent Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b2.05(c) (other than Section 2.05(c)(i), ) so long as no Event of Default exists, the Parent Borrower shall have the right, at its option, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable theretothereto or, (y) three months following the date of such deposit and (z) sooner, at the election of the Applicable Administrative Agent, upon the occurrence of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Borrower and the Parent Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If Notwithstanding any of the Parent Borrower is required to make a mandatory prepayment other provisions of Eurodollar Rate Loans under this Section 2.06(b2.04(b), so long as no Designated Event of Default existsshall have occurred and be continuing, the Parent Borrower shall have the right, in lieu of making such any prepayment in fullrequired under Section 2.04(b)(i), to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable theretothereto or, (y) three months following the date of such deposit and (z) sooner, at the election of the Applicable Administrative Agent, upon the occurrence of an a Designated Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; provided, that (A) any interest earned on such Cash Equivalents will be for the account of the Parent Borrower, (B) the Administrative Agent will have no liability to the Borrower for any loss on any such Cash Equivalents and (C) in the Parent Borrower will deposit with the Applicable Agent the amount event of any loss on any such Cash Equivalents Equivalents, the Borrower will deposit with the Administrative Agent the amount of such loss at least one Business Day before such mandatory prepayment is due in accordance with this clause (iv) to the extent necessary in order that to increase the amount on deposit to 100% of the prepayment amount necessary to be made with the deposited amounts may not be reducedmake such mandatory prepayment.

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(bSECTION 2.05(B), so long as no Event of Default exists, the Parent Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable theretothereto or, (y) three months following the date of such deposit and (z) sooner, at the election of the Applicable Administrative Agent, upon the occurrence of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Borrower and the Parent Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.

Eurodollar Prepayment Account. If the Parent Borrower is required to make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.06(b), 2.03 so long as no Event of Default exists, the Parent Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such mandatory prepayment with the Applicable Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Applicable Administrative Agent) by and in the sole dominion and control of the Applicable Administrative Agent. Any amounts so deposited shall be held by the Applicable Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the earliest of (x) the end of the current Interest Periods applicable theretothereto or, (y) three months following the date of such deposit and (z) sooner, at the election of the Applicable Administrative Agent, upon the occurrence and continuance of an Event of Default. At the request of the Parent Borrower, amounts so deposited shall be invested by the Applicable Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Parent Borrower and the Parent Borrower will deposit with the Applicable Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts may not be reduced.