Letters Subject to an Order. (a) Subject to Section 13.2, the Borrower shall pay to the Issuing Lender an amount equal to the maximum amount available to be drawn under any unexpired Letter which becomes the subject of any Order. Payment in respect of each such Letter shall be due forthwith upon demand.
Appears in 7 contracts
Samples: Credit Agreement (SilverCrest Metals Inc.), Credit Agreement (Orla Mining Ltd.), Credit Agreement (Silvercrest Mines Inc)
Letters Subject to an Order. (a) Subject to Section 13.2, the relevant Borrower shall pay to the Issuing Lender an amount equal to the maximum amount available to be drawn under any unexpired Letter which becomes the subject of any Order. Payment ; payment in respect of each such Letter shall be due forthwith upon demand.
Appears in 4 contracts
Samples: Credit Agreement (4352351 Canada Inc.), Credit Agreement (Lundin Mining CORP), Credit Agreement (Kinross Gold Corp)
Letters Subject to an Order. (a) Subject to Section 13.2, the relevant Borrower shall pay to the Issuing Lender an amount equal to the maximum amount available to be drawn under any unexpired Letter which becomes the subject of any Order. Payment in respect of each such Letter shall be due forthwith upon demand.
Appears in 2 contracts
Samples: Credit Agreement (Equinox Gold Corp.), Credit Agreement (Equinox Gold Corp.)
Letters Subject to an Order. (a) Subject to Section 13.2, the Borrower shall pay to the Issuing Lender an amount equal to the maximum amount available to be drawn under any unexpired Letter which becomes the subject of any Order. Payment ; payment in respect of each such Letter shall be due forthwith upon demand.
Appears in 1 contract
Letters Subject to an Order. (a) Subject to Section 13.2, the Borrower shall pay to the Issuing Lender an amount equal to the maximum amount available to be drawn under any unexpired Letter which becomes the subject of any Order. Payment in respect of each , such Letter shall payment to be due forthwith upon demand.
Appears in 1 contract
Samples: Credit Agreement (Yamana Gold Inc)
Letters Subject to an Order. (a) Subject to Section 13.2, the Borrower The Borrowers shall pay to the Issuing Lender an amount equal to the maximum amount available to be drawn under any unexpired Letter which becomes the subject of any Order. Payment ; payment in respect of each such Letter shall be due forthwith upon demanddemand in the currency in which such Letter is denominated.
Appears in 1 contract
Letters Subject to an Order. (a) Subject to Section 13.213.02, the Borrower Borrowers shall pay to the Issuing Lender an amount equal to the maximum amount available to be drawn under any unexpired Letter which becomes the subject of any Order. Payment ; payment in respect of each such Letter shall be due forthwith upon demand.
Appears in 1 contract
Samples: Credit Agreement (Kinam Gold Inc)
