Common use of FOREIGN ACCOUNTS Clause in Contracts

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a country other than the United States or Canada unless payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, satisfactory to the Co-Collateral Agents as to form, amount and issuer, or subject to credit insurance payable to Administrative Agent issued by an insurer and on terms and in an amount acceptable to the Co-Collateral Agents;

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a foreign country other than the United States or Canada unless payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, satisfactory to the Co-Collateral Agents Agent as to form, amount and issuer, or subject to credit insurance payable to Administrative Agent issued by an insurer and on terms and in an amount acceptable to the Co-Collateral Agents;

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a foreign country other than the United States or Canada unless payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, satisfactory to the Co-Collateral Agents Agent as to form, amount and issuer, or subject to credit insurance payable to Administrative Agent issued by an insurer and on terms and in an amount acceptable to the Co-Collateral Agents;

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a foreign country other than the United States or Canada unless (i) payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, satisfactory to the Co-Collateral Agents Agent as to form, amount and issuer, Issuer or subject to credit insurance payable to Administrative Agent issued by (ii) such Account is an insurer and on terms and in an amount acceptable to the Co-Collateral AgentsEligible Foreign Account;

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a country other than the United States or Canada unless payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, reasonably satisfactory to the Co-Collateral Agents Agent as to form, amount and issuer, or subject to credit insurance payable to Administrative Agent issued by an insurer and on terms and in an amount acceptable to the Co-Collateral Agents;

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a country (other than the United States government or a political subdivision, agency or instrumentality thereof) located in a foreign country other than Canada unless payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, satisfactory to the Co-Collateral Agents Agent as to form, amount and issuer, or subject to credit insurance payable to Administrative Agent issued by an insurer and on terms and in an amount acceptable to the Co-Collateral Agents;

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a foreign country other than the United States or Canada unless (i) payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, satisfactory to the Co-Collateral Agents Agent as to form, amount and issuer, or subject to (ii) such Account is covered by credit insurance payable to Administrative Agent in form and substance, and issued by an insurer institution, satisfactory to Agent in Agent’s sole discretion and on terms and is in an amount a scope acceptable to the Co-Collateral Agents;Agent.

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a foreign country other than the United States or Canada unless (i) payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, satisfactory to the Co-Collateral Agents Agent as to form, amount and issuer, or subject to credit insurance payable to Administrative Agent issued by (ii) such Account is due from an insurer and on terms and Investment Grade foreign Subsidiary of an Account Debtor domiciled in the United States, provided that the aggregate amount of all such Accounts at any time under this clause (ii) does not exceed an amount acceptable equal to 15% of the Co-Collateral Agents;Borrowing Base at such time.

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor (other than the Canadian government or a political subdivision, agency or instrumentality thereof) located in a foreign country other than the United States or Canada unless payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, satisfactory to the Co-Collateral Agents Agent as to form, amount and issuer, or subject to credit insurance payable to Administrative Agent issued by an insurer and on terms and in an amount acceptable to the Co-Collateral Agents;

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a foreign country (other than the United States or Canada Canada) unless payment thereof is assured by either (i) a letter of credit assigned and delivered to Administrative Agent, satisfactory to the Co-Collateral Agents Agent in its good faith credit judgment as to form, amount and issuer, Issuer or subject to credit insurance payable to Administrative Agent issued by an insurer and (ii) Foreign Credit Insurance on terms and in an amount acceptable amounts satisfactory to the Co-Collateral AgentsAgent in its good faith credit judgment;

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a country other than outside of Canada and the United States or Canada of America unless payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, satisfactory to the Co-Collateral Agents Agent as to form, amount and issuer, or subject to credit insurance payable to Administrative Agent issued by an insurer and on terms and in an amount acceptable to the Co-Collateral Agents;

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor located in a foreign country other than the United States or Canada unless payment thereof is assured by a letter of credit assigned and delivered to Administrative Agent, reasonably satisfactory to the Co-Collateral Agents Agent as to form, amount and issuer, or subject to credit insurance payable to Administrative Agent issued by an insurer and on terms and in an amount acceptable to the Co-Collateral Agents;