Common use of Certain Credit Support Events Clause in Contracts

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA Issuer (i) if the L/C-BA Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, or (ii) if, as of the Maturity Date, any L/C-BA Obligation for any reason remains outstanding, the Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA Issuer or the Swing Line Lender, the Borrowers shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure after giving effect to Section 2.16(a)(iv) and any Cash Collateral provided by the Defaulting Lender.

Certain Credit Support Events. Upon the request of the Administrative Agent or the applicable L/C-BA C Issuer (i) if the such L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, or (iii) if required pursuant to Section 2.03(l), the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the applicable L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers shall, Company shall in each case, immediately case promptly Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations in an amount equal to 105% of then Outstanding Amount of such L/C Obligations. At any time that there shall exist a Defaulting Lender, immediately promptly upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Company shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.18(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, C Borrowing or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers shall, Company shall in each case, immediately case promptly Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations in an amount equal to 105% of then Outstanding Amount of such L/C Obligations. At any time that there shall exist a Defaulting Lender, immediately promptly upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Company shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.18(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the an Administrative Agent or the an L/C-BA C Issuer (i) if the an L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, C Borrowing or (ii) if, as of the date that is ten (10) Business Days prior to the Maturity Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers applicable Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA ObligationsC Obligations of such Borrower. At any time that there shall exist a Defaulting Lender, immediately upon the request of the an Administrative Agent, the an L/C-BA C Issuer or the a Swing Line Lender, the Borrowers Parent Borrower shall deliver to the Domestic Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.15(a)(iv) and any Cash Collateral provided by the Defaulting Lender.). 

Certain Credit Support Events. Upon the request of the Administrative Collateral Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, the applicable Borrower shall immediately Cash Collateralize the then Outstanding Amount of such L/C Borrowing or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers shall, in each case, applicable Borrower shall immediately Cash Collateralize the then Outstanding Amount of all such L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, Agent or the L/C-BA Issuer or the Swing Line LenderC Issuer, the Borrowers applicable Borrower shall deliver to the Administrative Collateral Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.15(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. (i) Upon the request of the Administrative Agent or the L/C-BA C Issuer (ix) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (iiy) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, or (ii) if the Borrowers Company is required to provide Cash Collateral pursuant to Section 8.02(c), the Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Company shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the an Administrative Agent or the an L/C-BA C Issuer (i) if the an L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, C Borrowing or (ii) if, as of the date that is ten (10) Business Days prior to the Maturity Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers applicable Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA ObligationsC Obligations of such Borrower. At any time that there shall exist a Defaulting Lender, immediately upon the request of the an Administrative Agent, the an L/C-BA C Issuer or the a Swing Line Lender, the Borrowers Parent Borrower shall deliver to the Domestic Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.15(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Collateral Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, the Borrower shall immediately Cash Collateralize the then Outstanding Amount of such L/C Borrowing or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, Agent or the L/C-BA Issuer or the Swing Line LenderC Issuer, the Borrowers Borrower shall deliver to the Administrative Collateral Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.15(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA Issuer Issuing Bank (i) if the L/C-BA Issuer Issuing Bank has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA BorrowingC Borrowing (pursuant to the terms and conditions of §4.3), or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Ryder shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Borrowings and all L/C Obligations, as applicable. At any time that there shall exist a Defaulting LenderBank, immediately upon the request of the Administrative an Agent, the L/C-BA Issuer Issuing Bank or the a Swing Line Lender, the Borrowers shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section §2.16(a)(iv) and any Cash Collateral provided by the Defaulting LenderBank).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA Issuer a Issuing Lender (i) if the L/C-BA Issuer such Issuing Lender has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of five days prior to the Maturity Termination Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all such L/C-BA C Borrowings or L/C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, any Issuing Lender, the L/C-BA Issuer Euro Swingline Lender or the Swing Line Swingline Lender, the Borrowers shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.37(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, C Borrowing or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize of all L/C Obligations in an amount equal to 103% of the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the applicable L/C-BA C Issuer (i) if the L/C-BA Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, or (ii) if, as of the date seven days prior to the Maturity DateDate then applicable to such L/C Issuer, any L/C-BA C Obligation owing to such L/C Issuer for any reason remains outstandingoutstanding and has not been Cash Collateralized as an Extended Letter of Credit pursuant to Section 6.16, the Borrowers Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA ObligationsC Obligations owing to such L/C Issuer. At any time that there shall exist any Lender that is a Defaulting Lender, immediately upon no later than one (1) Business Day following the request demand of the Administrative Agent, the any L/C-BA C Issuer or the Swing Line Lender, the Borrowers Company shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.17(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the any L/C-BA C Issuer (i) if the such L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation owing to such L/C Issuer for any reason remains outstanding, the Co-Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA ObligationsC Obligations owing to such L/C Issuer. At any time that there shall exist a Defaulting Lender, immediately promptly upon the request of the Administrative Agent, the any L/C-BA C Issuer or the Swing Line Lender, the Co-Borrowers shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.17(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA a LC Issuer (i) if the L/C-BA such LC Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowinga Matured LC Obligation, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA LC Obligation of such LC Issuer for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount outstanding LC Obligations of all L/C-BA Obligationssuch LC Issuer in an amount not less than the Minimum Collateral Amount. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA a LC Issuer or the Swing Line Swingline Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient not less than the Minimum Collateral Amount to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.20(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or If (i) the L/C-BA Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, or (iii) the Company shall be required to provide Cash Collateral pursuant to Section 9.02(c), the Borrowers shall, in each case, immediately following any request by the Administrative Agent or the L/C Issuer, Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA C Issuer or the any Swing Line Lender, the Borrowers shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.15(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA an LC Issuer (i) if the L/C-BA such LC Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowinga Matured LC Obligation, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA LC Obligation of such LC Issuer for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount outstanding LC Obligations of all L/C-BA Obligationssuch LC Issuer in an amount not less than the Minimum Collateral Amount. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA an LC Issuer or the Swing Line Swingline Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient not less than the Minimum Collateral Amount to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.19(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA BorrowingC Borrowing and a Committed Borrowing has not been made in accordance with Section 2.04(c)(i), or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.18(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA Issuer an Issuing Lender (i) if the L/C-BA Issuer such Issuing Lender has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of five days prior to the Maturity Termination Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount outstanding amount of all such L/C-BA C Borrowings or L/C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, any Issuing Lender, the L/C-BA Issuer Euro Swingline Lender or the Swing Line Swingline Lender, the Borrowers shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.37(a)(v) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers applicable Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all of such Borrower’s L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers applicable Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining of such Borrower’s Fronting Exposure (after giving effect to Section 2.16(a)(iv2.17(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the any L/C-BA C Issuer (i) if the such L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, C Borrowing or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize all L/C Obligations in an amount equal to 105% of the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the any L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or made any payment under any Bankers’ Acceptance and such drawing has resulted in an L/C-C — BA Borrowing, or (ii) if, as of the Maturity Letter of Credit — BA Expiration Date, any L/C-C — BA Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-C — BA Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or If (i) either (A) the L/C-BA Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, C Borrowing or (iiB) if, as of the Maturity Date, Letter of Credit Expiration Date any L/C-BA C Obligation for any reason 4839-9354-3409 v.6 remains outstandingoutstanding and (ii) the Administrative Agent shall have provided ten (10) days prior written notice to the Borrower, then the Borrowers shall, in each case, Borrower shall immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, Agent or the L/C-BA Issuer or the Swing Line LenderC Issuer, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.14(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, or (iii) if required pursuant to Section 2.03(l), the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the any L/C-BA C Issuer (i) if the such L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA BorrowingC Borrowing and a Committed Borrowing has not been made in accordance with Section 2.04(c)(i), or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the any L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.18(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA ObligationsC Obligations in an amount equal to 105% of such Outstanding Amount. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, Agent or the L/C-BA Issuer or the Swing Line LenderC Issuer, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.15(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, C Borrowing or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize all L/C Obligations in an amount equal to 105% of the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the applicable L/C-BA C Issuer (i) if the L/C-BA Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, or (ii) if, as of the date seven (7) days prior to the Maturity DateDate then applicable to such L/C Issuer, any L/C-BA C Obligation owing to such L/C Issuer for any reason remains outstandingoutstanding and has not been Cash Collateralized as an Extended Letter of Credit pursuant to Section 6.16, the Borrowers Company shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA ObligationsC Obligations owing to such L/C Issuer. At any time that there shall exist any Lender that is a Defaulting Lender, immediately upon no later than one (1) Business Day following the request demand of the Administrative Agent, the any L/C-BA C Issuer or the Swing Line Lender, the Borrowers Company shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.17(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA Issuer Issuing Lender (i) if the L/C-BA Issuer Issuing Lender has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of five days prior to the Maturity Termination Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all such L/C-BA C Borrowings or L/C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA Issuer Issuing Lender, the Euro Swingline Lender or the Swing Line Swingline Lender, the Borrowers shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.37(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA Issuer If (i) if the an L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Issuance Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all outstanding (unless such L/C-BA Obligations. At any time that C Obligation is already secured by Cash Collateral in an amount at least equal to the Minimum Collateral Amount), (iii) the Borrower shall be required to provide Cash Collateral pursuant to Section 8.02(c), or (iv) there shall exist a Defaulting Lender, the Borrower shall immediately upon (in the case of clause (iii) above) or within one (1) Business Day (in all other cases) following any request of the Administrative Agent, the L/C-BA Issuer or the Swing Line Lender, the Borrowers shall deliver to by the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure after giving effect to Section 2.16(a)(iv) and any Cash Collateral provided by or the Defaulting Lender.applicable L/C Issuer, 75

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations in an amount equal to 105% of the then Outstanding Amount of all L/C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.17(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Company shall, in each case, immediately promptly, and in any event within three (3) Business Days, after written request therefor, Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the promptly, and in any event within three (3) Business Days, after written request of therefor from the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Company shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.17(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request promptly, and in any event within three (3) Business Days, after receipt of written notice from the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.15(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the an L/C-BA C Issuer (i) if the such L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA BorrowingC Borrowing that has not been reimbursed or repaid by Borrower in accordance with this Agreement, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the an L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA Issuer Issuing Bank (i) if the L/C-BA Issuer Issuing Bank has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA BorrowingC Borrowing (pursuant to the terms and conditions of §4.3), or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Ryder shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Borrowings and all L/C Obligations, as applicable. At any time that there shall exist a Defaulting LenderBank, immediately upon the request of the Administrative Agent, the L/C-BA Issuer Issuing Bank or the a Swing Line Lender, the Borrowers shall deliver to the Administrative applicable Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section §2.16(a)(iv) and any Cash Collateral provided by the Defaulting LenderBank).

Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA Borrowing, C Borrowing or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers (other than the Revolving B Borrowers that are Foreign Subsidiaries) shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers (other than the Revolving B Borrowers that are Foreign Subsidiaries) shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.15(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

Certain Credit Support Events. Upon the request of the Administrative Agent or the an L/C-BA C Issuer (i) if the L/C-BA C Issuer has honored any full or partial drawing request under any Letter of Credit or Bankers’ Acceptance and such drawing has resulted in an L/C-BA C Borrowing, or (ii) if, as of the Maturity Letter of Credit Expiration Date, any L/C-BA C Obligation for any reason remains outstanding, the Borrowers Borrower shall, in each case, immediately Cash Collateralize (in the case of a request under the preceding clause (ii), 101.5% of) the then Outstanding Amount of all L/C-BA C Obligations. At any time that there shall exist a Defaulting Lender, immediately promptly upon the request of the Administrative Agent, the L/C-BA C Issuer or the Swing Line Lender, the Borrowers Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover 100% of all remaining Fronting Exposure (after giving effect to Section 2.16(a)(iv2.17(c) and any Cash Collateral provided by the Defaulting Lender).