Common use of Mandatory Repayments; Cash Collateralization Clause in Contracts

Mandatory Repayments; Cash Collateralization. (a) (i) On any day on which any one or more of the following conditions shall exist, the applicable Borrowers shall repay the applicable Loans and/or cash collateralize outstanding Letters of Credit (in U.S. Dollars or, to the extent any Letter of Credit is denominated in Euros or an Acceptable Foreign Currency, such currency) pursuant to clause (iii) below in such amount as may be required to cause such conditions to cease to exist on such day:

Mandatory Repayments; Cash Collateralization. (a) (i) On any day on which any one or more of the following conditions shall exist, the applicable Borrowers shall repay the applicable Loans and/or cash collateralize outstanding Letters of Credit (in U.S. Dollars Pounds Sterling or, to the extent any Letter of Credit is denominated in Euros or an Acceptable Foreign Currencya currency other than Pounds Sterling, such currencyin the Pounds Sterling Equivalent thereof) pursuant to clause (iiiii) below in such amount as may be required to cause such conditions to cease to exist on such day: