Repayment of Letters of Credit. (a) Each Borrower must repay each Letter of Credit issued on its behalf in full on its Maturity Date.
(b) Subject to the other terms of this Agreement, any amounts repaid under paragraph (a) above may be re-utilised.
Repayment of Letters of Credit. If drawn upon by the beneficiary of a Letter of Credit, all amounts so drawn shall be due and payable by the Borrower immediately upon receipt of Bank's statement therefor.
Repayment of Letters of Credit. Any outstanding Letter of Credit may not be repaid or discharged prior to the expiry date of such Letter of Credit, except by the Issuing Bank, the Agent and the Lenders being fully released and discharged of all of their liabilities and obligations arising from such Letter of Credit and by written evidence reasonably satisfactory to the Agent of such full release and discharge being delivered to the Agent together with the original of such Letter of Credit which shall be returned to the Issuing Bank.
Repayment of Letters of Credit. (a) The Company or the relevant Borrower (as applicable) must repay each Letter of Credit in full on its Maturity Date or, in the case of a Qualifying BNPP Facility LC with a Maturity Date falling after the Final Maturity Date of the Revolving Facility, on the date one month before the Final Maturity Date of the Revolving Facility.
(b) Subject to the other terms of this Agreement, any amounts repaid under paragraph (a) may be re-utilised.
Repayment of Letters of Credit. (a) The Company must repay each Letter of Credit issued on its behalf in full on the date stated in that Letter of Credit to be its expiry date in accordance with paragraph (a) of Clause 7.1 (General).
(b) Subject to the other terms of this Agreement, any amounts repaid under paragraph (a) above may be re-utilised.
(c) Any Letter of Credit still outstanding on the Facility B Final Maturity Date shall be repaid on that date in accordance with paragraph (a) of Clause 7.1 (General).
Repayment of Letters of Credit. Each Borrower which has requested a Letter of Credit shall repay each Letter of Credit with an Expiry Date beyond the Termination Date in full by no later than the date falling 15 Business Days prior to the Termination Date.
Repayment of Letters of Credit. Each Borrower must repay each Letter of Credit issued on its behalf in full on its Maturity Date.
Repayment of Letters of Credit. (a) The U.S. Borrower must repay (within the meaning of that term in Subclause 9.1 (General)) each Letter of Credit in full on its Maturity Date. No Letter of Credit (other than a Permitted Long-Term LC) may expire after the Final Maturity Date.
(b) Subject to the other terms of this Agreement, any amounts repaid under paragraph (a) above may be re-utilised.
Repayment of Letters of Credit. The Applicant’s obligation to reimburse the Issuing Bank with respect to the drawing upon of any Letter of Credit shall be satisfied by funds withdrawn from the Letter of Credit Account by the Issuing Bank in accordance with Section 2.01(c)(i).
Repayment of Letters of Credit. Without prejudice to Clause 7.3 and 7.4, each Borrower must repay each Letter of Credit issued on its behalf in full on the Final Maturity Date.
