Common use of Payment of L/Cs Clause in Contracts

Payment of L/Cs. The Borrower shall provide for the payment to the Issuing Bank at the branch where the L/C was issued of the full face amount of each L/C (or the amount actually paid in the case of a partial payment) on the earlier of (i) the date on which the Issuing Bank makes a payment to the beneficiary of an L/C, and (ii) the date on which any Obligations

Payment of L/Cs. The Borrower shall provide for the payment to the Issuing Bank Lender at the branch where the L/C was issued Branch of Account of the full face amount of each L/C issued at its request (or the amount actually paid in the case of a partial payment) on the earlier of (i) the date on which the Issuing Bank Lender makes a payment to the beneficiary of an L/C, and (ii) the date on which any Obligationsthe Obligations become due and payable pursuant to Section 8.

Payment of L/Cs. The Borrower shall provide for the payment to the Issuing Bank Lender at the branch where Branch of Account for the L/C was issued account of the Lender of the full face amount of each L/C (or the amount actually paid in the case of a partial payment) on the earlier of (i) the date on which the Issuing Bank Lender makes a payment to the beneficiary of an L/C, and (ii) the date on which any Obligationsthe Lender gives notice to the Borrower pursuant to Section 13.