Common use of Excess Letters of Credit Outstanding Clause in Contracts

Excess Letters of Credit Outstanding. If any excess calculated or other amount required to be prepaid pursuant to Section 3.4(b) is attributable to undrawn Letters of Credit, the Borrower Parties shall promptly Cash Collateralize such excess or other amount with the Administrative Agent pursuant to the terms of Section 2.9(h), as security for such portion of the Obligations. Unless otherwise required by Applicable Law, upon: (A) a change in circumstances such that the Principal Obligations no longer exceed the Available Commitment; or (B) the full and final payment of the Obligations and the expiration or termination of all Letters of Credit, so long as no Event of Default or Potential Default has occurred and is continuing, the Administrative Agent shall return to the Borrower Parties any amounts remaining in said Cash Collateral Account.

Excess Letters of Credit Outstanding. If any excess calculated or other amount required to be prepaid pursuant to Section 3.4(b3.5(b) is attributable to undrawn Letters of Credit, the Borrower Parties Borrowers shall promptly Cash Collateralize such excess or other amount in the currency of the related Letter of Credit with the Administrative Agent Agent, when required pursuant to the terms of Section 2.9(h3.5(b), as security for such portion of the Obligations. Unless otherwise required by Applicable Law, upon: (A) a change in circumstances such that the Principal Obligations no longer exceed the Available Commitment; or (B) the full and final payment of the Obligations and the expiration or termination of all Letters of Credit, so long as no Event of Default or Potential Default under Section 10.1(a), (h) or (i) has occurred and is continuing, the Administrative Agent shall return to the Borrower Parties Borrowers any amounts remaining in said Cash Collateral Account.

Excess Letters of Credit Outstanding. If any excess calculated or other amount required to be prepaid pursuant to Section 3.4(b3.5(b) is attributable to undrawn Letters of Credit, the Borrower Parties shall promptly Cash Collateralize such excess or other amount with the Administrative Agent pursuant to the terms of Section 2.9(h2.8(h), as security for such portion of the Obligations. Unless otherwise required by Applicable Law, upon: upon (A) a change in circumstances such that the Dollar Equivalent of the Principal Obligations no longer exceed the Available Commitment; Commitment or (B) the full and final payment of the Obligations and the expiration or termination of all Letters of Credit, so long as no Event of Default or Potential Default has occurred and is continuing, the Administrative Agent shall return to the Borrower Parties any amounts remaining in said Cash Collateral Account.