Obligation to Cash Collateralize. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Agent or any Issuing Bank (with a copy to the Agent), the Borrower shall Cash Collateralize the Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender).
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Samples: Credit Agreement (SWK Holdings Corp), Credit Agreement (SWK Holdings Corp)
Obligation to Cash Collateralize. At any time that there shall exist a Defaulting Lender, within one five (15) Business Day Days following the written request of the Administrative Agent or any Issuing Bank (with a copy to the Administrative Agent), the Borrower Borrowers shall Cash Collateralize the Issuing Banks’ Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.22(a)(iv4.2.2) and any Cash Collateral provided by such Defaulting Lender)) in an amount not less than the Minimum Collateral Amount.
Appears in 2 contracts
Samples: Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Obligation to Cash Collateralize. At any time that there shall exist a Defaulting Lender, within one (1) 1 Business Day following the written request of the Administrative Agent or any Issuing Bank (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the Issuing Banks’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.22(a)(iv2.25(a)(iv) and any Cash Collateral provided by such Defaulting Lender)) in an amount not less than the Minimum Collateral Amount.
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Obligation to Cash Collateralize. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Agent or any Issuing Bank Lender (with a copy to the Agent), the ) Borrower shall Cash Collateralize the Issuing BanksLenders’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.22(a)(iv) and any Cash Collateral provided by such Defaulting Lender).55
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