Letters of Credit – General Provisions. 8.1 When immediately repayable or prepayable If a Letter of Credit or any amount outstanding under a Letter of Credit becomes payable, the Borrower shall repay or prepay that amount within five Business Days of demand by the relevant LC Issuing Bank.
Appears in 3 contracts
Samples: Intercompany Loan Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.), Common Terms Agreement (Kosmos Energy Ltd.)
Letters of Credit – General Provisions. 8.1 When immediately repayable or prepayable If a Letter of Credit or any amount outstanding under a Letter of Credit becomes payable, the Original Borrower shall repay or prepay that amount within five Business Days of demand by the relevant LC Issuing Bank.
Appears in 3 contracts
Samples: Facility Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)
Letters of Credit – General Provisions. 8.1 16.1 When immediately repayable or prepayable If a Letter of Credit or any amount outstanding under a Letter of Credit becomes payable, the Borrower shall repay or prepay that amount within five Business Days of demand by the relevant LC Issuing Bank.
Appears in 1 contract