Common use of Payments of Letters of Credit Clause in Contracts

Payments of Letters of Credit. Borrowers hereby promise to pay to Lender, ON DEMAND and in United States Dollars, the following which are herein collectively referred to as the “Current Letter of Credit Obligations”:

Appears in 4 contracts

Samples: Financing and Security Agreement (Gp Strategies Corp), Financing and Security Agreement (Gp Strategies Corp), Financing and Security Agreement (Gp Strategies Corp)

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Payments of Letters of Credit. The Borrowers hereby promise to pay to the Lender, ON DEMAND and in United States Dollars, the following which are herein collectively referred to as the “Current Letter of Credit Obligations”:

Appears in 4 contracts

Samples: Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp)

Payments of Letters of Credit. The Borrowers hereby promise to pay to the Lender, ON DEMAND and in United States Dollars, the following which are herein collectively referred to as the "Current Letter of Credit Obligations":

Appears in 3 contracts

Samples: Business Loan and Security Agreement (Vse Corp), Financing and Security Agreement (Polk Audio Inc), Financing and Security Agreement (Spacehab Inc \Wa\)

Payments of Letters of Credit. Borrowers The Borrower hereby promise promises to pay to the Lender, ON DEMAND and in United States Dollars, the following which are herein collectively referred to as the "Current Letter of Credit Obligations":

Appears in 3 contracts

Samples: Financing and Security Agreement (Chatwins Group Inc), Financing and Security Agreement (Sensytech Inc), Financing and Security Agreement (Pec Solutions Inc)

Payments of Letters of Credit. The Borrowers hereby promise to pay to Lenderthe Appropriate Letter of Credit Issuer, ON DEMAND and in United States Dollars, the following which are herein collectively referred to as the "Current Letter of Credit Obligations":

Appears in 2 contracts

Samples: Financing and Security Agreement (Walbro Corp), Financing and Security Agreement (Walbro Corp)

Payments of Letters of Credit. Borrowers The Borrower hereby promise promises to pay to the Lender, ON DEMAND and in United States Dollars, the following which are herein collectively referred to as the “Current Letter of Credit Obligations”:

Appears in 2 contracts

Samples: Financing and Security Agreement (ARGON ST, Inc.), Financing and Security Agreement (Pec Solutions Inc)

Payments of Letters of Credit. Borrowers Borrower hereby promise promises to pay to Lender, ON DEMAND and in United States Dollars, the following which are herein collectively referred to as the “Current Letter of Credit Obligations”:

Appears in 1 contract

Samples: Financing and Security Agreement (Liquidity Services Inc)

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Payments of Letters of Credit. Borrowers Each Borrower hereby promise promises to pay to Lender, ON DEMAND and in United States DollarsDollars and authorizes Lender to debit the Letter of Credit Cash Collateral Account, the following which are herein collectively referred to as the “Current Letter of Credit Obligations”:

Appears in 1 contract

Samples: Financing and Security Agreement (Argan Inc)

Payments of Letters of Credit. The Borrowers hereby promise to pay to the Lender, ON DEMAND and in United States Dollars, the following which are herein collectively referred to as the “Current Letter of Credit Obligations”:

Appears in 1 contract

Samples: Financing and Security Agreement (Rand Worldwide Inc)

Payments of Letters of Credit. Borrowers Borrower hereby promise promises to pay to Lender, ON DEMAND and in United States Dollars, the following which are herein collectively referred to as the "Current Letter of Credit Obligations":

Appears in 1 contract

Samples: Financing and Security Agreement (Gp Strategies Corp)

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