Immediately payable. If a Letter of Credit or Bank Guarantee or any amount outstanding under a Letter of Credit or Bank Guarantee is expressed to be immediately payable, the Borrower that requested the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 8 contracts
Samples: Facility Agreement (Rockwood Holdings, Inc.), Amendment and Restatement Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Specialties Group Inc)
Immediately payable. If a Letter of Credit or Bank Guarantee or any amount outstanding under a Letter of Credit or Bank Guarantee is expressed to be becomes immediately payablepayable under this Agreement, the Borrower that requested the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 6 contracts
Samples: Facilities Agreement (Signet Jewelers LTD), Facilities Agreement (Mittal Steel Co N.V.), Facility Agreement (WABCO Holdings Inc.)
Immediately payable. If a Letter of Credit or Bank Guarantee or any amount outstanding under a Letter of Credit or Bank Guarantee is expressed to be immediately payable, the Borrower that requested (or on behalf of which the Company requested) the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 6 contracts
Samples: Term and Revolving Facilities Agreement (ShangPharma Corp), Revolving Facilities Agreement (Manchester United Ltd.), Senior Facilities Agreement (NDS Group PLC)
Immediately payable. If a Letter of Credit or Bank Guarantee or any amount outstanding under a Letter of Credit or Bank Guarantee is expressed to be immediately payable, the Borrower that requested the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 5 contracts
Samples: Facility Agreement (Platinum Underwriters Holdings LTD), Loan Agreement (Melco Crown Entertainment LTD), Facility Agreement (Platinum Underwriters Holdings LTD)
Immediately payable. If a Letter of Credit or Bank Guarantee or any amount outstanding under a Letter of Credit or Bank Guarantee is expressed to be immediately payable, the Borrower that requested the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 3 contracts
Samples: Revolving Credit Facility Agreement (Mercer International Inc.), Multicurrency Revolving Credit Agreement (Mercer International Inc), Revolving Credit Facility Agreement (Mercer International Inc.)
Immediately payable. If a Letter of Credit or Bank Guarantee or any amount outstanding under a Letter of Credit or Bank Guarantee is expressed to be immediately payable, the Borrower that requested the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 2 contracts
Samples: Senior Facilities Agreement (Sirona Dental Systems, Inc.), Senior Facilities Agreement (Sirona Dental Systems, Inc.)
Immediately payable. If a Letter of Credit or Bank Guarantee or any amount outstanding under a Letter of Credit or Bank Guarantee is expressed to be immediately payable, the Borrower that requested the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Cascal N.V.), Facility Agreement (Cascal B.V.)
Immediately payable. If a Letter of Credit or the Bank Guarantee or any amount outstanding under a Letter of Credit or the Bank Guarantee is expressed to be immediately payablepayable or a cash deposit is expressed to be payable under the Bank Guarantee, the relevant Borrower that requested the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 1 contract
Immediately payable. If a the Letter of Credit or Bank Guarantee or any amount outstanding under a the Letter of Credit or Bank Guarantee is expressed to be immediately payable, the Borrower Company shall pay that requested amount to the issue of that Bank, or prepay or repay the Letter of Credit (or Bank Guarantee shall repay or prepay that the applicable amount immediatelyoutstanding thereunder), immediately on demand by the Bank.
Appears in 1 contract
Samples: Letter of Credit Facility Agreement (Axis Capital Holdings LTD)
Immediately payable. If a Letter of Credit or Bank Guarantee or any amount outstanding under a Letter of Credit or Bank Guarantee is expressed to be immediately payable, the Borrower that requested (or on behalf of which the Company requested) the issue of that Letter of Credit or Bank Guarantee shall repay or prepay that amount immediately.
Appears in 1 contract
