Common use of Repayment of Swing Line Loans, Cash Collateral Clause in Contracts

Repayment of Swing Line Loans, Cash Collateral. If the reallocation described in clause (iv) above cannot, or can only partially, be effected, the Borrowers shall, without prejudice to any right or remedy available to it hereunder or under law, first, prepay Swing Line Loans in an amount equal to the Swing Line Lender’s Fronting Exposure and second, Cash Collateralize the Issuing Bank’s Fronting Exposure in accordance with the procedures set forth in Section 2.4(i).

Appears in 4 contracts

Samples: First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.)

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Repayment of Swing Line Loans, Cash Collateral. If the reallocation described in clause (iva)(iv) above cannot, or can only partially, be effected, the Borrowers Products shall, without prejudice to any right or remedy available to it hereunder or under lawapplicable Law, (x) first, prepay Swing Line Loans in an amount equal to the Swing Line Lender’s Fronting Exposure and (y) second, Cash Collateralize the Issuing Bank’s L/C Issuers’ Fronting Exposure in accordance with the procedures set forth in Section 2.4(i)2.16.

Appears in 3 contracts

Samples: Credit Agreement (Rayonier Advanced Materials Inc.), Credit Agreement (Rayonier Advanced Materials Inc.), First Restatement Agreement (Rayonier Advanced Materials Inc.)

Repayment of Swing Line Loans, Cash Collateral. If the reallocation described in clause (iva)(iv) above cannot, or can only partially, be effected, the Borrowers Borrower shall, without prejudice to any right or remedy available to it hereunder or under lawapplicable Law, (x) first, prepay Swing Line Loans in an amount equal to the Swing Line Lender’s Fronting Exposure and (y) second, Cash Collateralize the Issuing Bank’s L/C Issuers’ Fronting Exposure in accordance with the procedures set forth in Section 2.4(i)2.16.

Appears in 1 contract

Samples: Credit Agreement (Rayonier Advanced Materials Inc.)

Repayment of Swing Line Loans, Cash Collateral. If the reallocation described in clause (iv) above cannot, or can only partially, be effected, the Borrowers BorrowersBorrower shall, without prejudice to any right or remedy available to it hereunder or under law, first, prepay Swing Line Loans in an amount equal to the Swing Line Lender’s Fronting Exposure and second, Cash Collateralize the Issuing Bank’s Fronting Exposure in accordance with the procedures set forth in Section 2.4(i).

Appears in 1 contract

Samples: First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.)

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Repayment of Swing Line Loans, Cash Collateral. If the reallocation described in clause (ivSection 2.22(a)(iii) above cannot, or can only partially, be effected, the Borrowers Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (A) first, prepay Swing Line Loans in an amount equal to the Swing Line Lender’s Fronting Exposure and second, (B) Cash Collateralize the Issuing Bank’s Banks’ Fronting Exposure Exposures in accordance with the procedures set forth in Section 2.4(i2.22(d).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Tivity Health, Inc.)

Repayment of Swing Line Loans, Cash Collateral. If the reallocation described in clause (iv) above cannot, or can only partially, be effected, the Borrowers shall, without prejudice to any right or remedy available to it hereunder or under law, first, prepay Swing Line Loans in an amount equal to the Swing Line Lender’s Fronting Exposure and second, Cash Collateralize the an Issuing Bank’s Fronting Exposure in accordance with the procedures set forth in Section 2.4(i).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (NRC Group Holdings Corp.)

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