Common use of Supporting Letter of Credit; Cash Collateral Clause in Contracts

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 and Section 14 any Letter of Credit is outstanding upon the termination of this Agreement, then upon such termination the Borrowers shall deposit with the Lender, at its discretion, with respect to each Letter of Credit then outstanding, either (i) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the Lender, issued by an issuer satisfactory to the Lender in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Lender is entitled to draw amounts necessary to reimburse the Lender for payments made by the Lender under such Letter of Credit or under any credit support or enhancement provided through the Lender with respect thereto, or (ii) cash in amounts necessary to reimburse the Lender for payments made by the Lender under such Letter of Credit or under any credit support or enhancement provided through the Lender. Such Supporting Letter of Credit or deposit of cash shall be held by the Lender, as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 and Section 14 14, any Letter of Credit is outstanding upon the termination of this Agreement, then upon such termination the Borrowers Borrower shall deposit with the Lender, at its discretion, with respect to each Letter of Credit then outstanding, either (iA) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the Lender, issued by an issuer satisfactory to the Lender in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Lender is entitled to draw amounts necessary to reimburse the Lender for payments made by the Lender under such Letter of Credit or under any credit support or enhancement provided through the Lender with respect thereto, or (iiB) cash in amounts an amount necessary to reimburse the Lender for payments made by the Lender under such Letter of Credit or under any credit support or enhancement provided through the Lender. Such Supporting Letter of Credit or deposit of cash shall be held by the Lender, as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 and Section 14 2.4 any Letter of Credit is outstanding upon on the Stated Termination Date or earlier termination of this Agreement, then upon such termination the Borrowers shall deposit with the LenderBank, at its discretion, with respect to each Letter of Credit then outstanding, outstanding either (iA) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the LenderBank, issued by an issuer satisfactory to the Lender Bank in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Lender Bank is entitled to draw amounts necessary to reimburse the Lender Bank for payments made by the Lender Bank under such Letter of Credit or under any credit support or enhancement provided through the Lender Bank with respect thereto, or (iiB) cash in amounts necessary to reimburse the Lender Bank for payments made by the Lender Bank under such Letter of Credit or under any credit support or enhancement provided through the LenderBank. Such Supporting Letter of Credit or deposit of cash shall be held by the LenderBank, as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 and Section 14 14, any Letter of Credit is outstanding upon the termination of this Agreement, then upon such termination the Borrowers Borrower shall deposit with the Lender, at its discretion, with respect to each Letter of Credit then outstanding, either (iA) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the Lender, issued by an issuer satisfactory to the Lender in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Lender is entitled to draw amounts necessary to reimburse the Lender for payments made by the Lender under such Letter of Credit or under any credit support or enhancement provided through the Lender with respect thereto, or (iiB) cash in amounts necessary to reimburse the Lender for payments made by the Lender under such Letter of Credit or under any credit support or enhancement provided through the Lender. Such Supporting Letter of Credit or deposit of cash shall be held by the Lender, Lender as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 and Section 14 any Letter of Credit is outstanding upon on the Stated Termination Date or earlier termination of this Agreement, then upon such termination the Borrowers shall deposit with the LenderBank, at its discretion, with respect to each Letter of Credit then outstanding, outstanding either (iA) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the LenderBank, issued by an issuer satisfactory to the Lender Bank in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Lender Bank is entitled to draw amounts necessary to reimburse the Lender Bank for payments made by the Lender Bank under such Letter of Credit or under any credit support or enhancement provided through the Lender Bank with respect thereto, or (iiB) cash in amounts necessary to reimburse the Lender Bank for payments made by the Lender Bank under such Letter of Credit or under any credit support or enhancement provided through the LenderBank. Such Supporting Letter of Credit or deposit of cash shall be held by the LenderBank, as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.

Supporting Letter of Credit; Cash Collateral. If, notwithstanding the provisions of this Section 2.3 and Section 14 any Letter of Credit (including an IRB Letter of Credit) is outstanding upon the termination of this Agreement, then upon such termination the Borrowers shall deposit with the Lender, at its discretion, with respect to each Letter of Credit then outstanding, either (iA) a standby letter of credit (a "Supporting Letter of Credit") in form and substance satisfactory to the Lender, issued by an issuer satisfactory to the Lender in an amount equal to the greatest amount for which such Letter of Credit may be drawn, under which Supporting Letter of Credit the Lender is entitled to draw amounts necessary to reimburse the Lender for payments made by the Lender under such Letter of Credit or under any credit support or enhancement provided through the Lender with respect thereto, or (iiB) cash in amounts necessary to reimburse the Lender for payments made by the Lender under such Letter of Credit or under any credit support or enhancement provided through the Lender. Such Supporting Letter of Credit or deposit of cash shall be held by the Lender, as security for, and to provide for the payment of, the aggregate undrawn amount of such Letters of Credit remaining outstanding.