Common use of Supporting Letters of Credit Clause in Contracts

Supporting Letters of Credit. As continuing security for the prompt and punctual payment and performance of all Obligations, the Customer Agent shall cause one or more Letters of Credit to be issued for the benefit of the Metal Lender to the extent required by Section 9.22 hereof, and maintain such Letters of Credit at all times until payment in full of the Obligations and termination of the Metal Lender’s obligations hereunder.

Supporting Letters of Credit. As continuing security for the prompt and punctual payment and performance of all Obligations, the Customer Agent shall cause one or more Letters of Credit to be issued for the benefit of the Metal Lender to the extent required by Section Sections 5.1 and 9.22 hereof, and maintain such Letters of Credit at all times until payment in full of the Obligations and termination of the Metal Lender’s obligations hereunder.

Supporting Letters of Credit. As continuing security for the prompt and punctual payment and performance of all ObligationsObligations and/or as may be required by the Metal Intercreditor Agreement, the Customer Agent shall cause one or more Letters of Credit to be issued for the benefit of the Metal Lender (or to the Collateral Agent for the benefit of the Metal Lender and the other Approved Consignors) to the extent required by Section 9.22 hereof9.24(b), and maintain such Letters of Credit at all times until payment in full of the Obligations and termination of the Metal Lender’s obligations hereunder.

Supporting Letters of Credit. As continuing security for the prompt and punctual payment and performance of all Obligations, the Customer Agent shall cause one or more Letters of Credit to be issued for the benefit of the Metal Lender to the extent required by Section 9.22 9.27 hereof, and maintain such Letters of Credit at all times until payment in full of the Obligations and termination of the Metal Lender’s obligations hereunder.

Supporting Letters of Credit. As continuing security for the prompt and punctual payment and performance of all Obligations, the Customer Agent shall cause one or more Letters of Credit to be issued for the benefit of the Metal Lender Lenders (or to the Collateral Agent for the benefit of the Metal Lenders and the other Approved Consignors) to the extent required by Section 9.22 hereof, and maintain such Letters of Credit at all times until payment in full of the Obligations and termination of the Metal Lender’s Lenders’ obligations hereunder.

Supporting Letters of Credit. As continuing security for the prompt and punctual payment and performance of all Obligations, the Customer Agent shall cause one or more Letters of Credit to be issued for the benefit of the Metal Lender Supplier to the extent required by Section 9.22 9.27 hereof, and maintain such Letters of Credit at all times until payment in full of the Obligations and termination of the Metal LenderSupplier’s obligations hereunder.