Collateral for Undrawn Letters of Credit. If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 2.9(b), Section 2.17, Section 8.2 or Section 8.3 above, Borrower shall forthwith pay the amount required to be so prepaid, to be held by Administrative Agent as provided in subsection (b) below.
Appears in 4 contracts
Sources: Credit Agreement (Sterling Infrastructure, Inc.), Credit Agreement (Sterling Infrastructure, Inc.), Credit Agreement (Sterling Infrastructure, Inc.)
Collateral for Undrawn Letters of Credit. If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 2.9(b), 2.8(c)(iv) or under Section 2.17, Section 8.2 7.2 or Section 8.3 7.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 3 contracts
Sources: Amendment No. 4 (Vantiv, Inc.), Loan Agreement (Vantiv, Inc.), Loan Agreement (Vantiv, Inc.)
Collateral for Undrawn Letters of Credit. If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 2.9(b)2.15 or under Section 8.2, Section 2.17, Section 8.2 or Section 8.3 above, Borrower the Borrowers shall forthwith pay the amount required to be so prepaid, to be held by Administrative the Agent as provided additional Collateral (as defined in subsection (bthe Security Agreements) belowon the same terms and conditions on which the Collateral is held.
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Collateral for Undrawn Letters of Credit. If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 2.9(bany of Sections 2.3(b), 2.8(b), Section 2.172.13, Section 8.2 2.14, 9.2 or Section 8.3 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
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Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 2.9(b1.8(b), Section 2.171.14, Section 8.2 9.2 or Section 8.3 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
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Collateral for Undrawn Letters of Credit. (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit issued for the account of a Borrower hereunder is required under Section 2.9(b1.9(b), Section 2.171.15, Section 8.2 9.2 or Section 8.3 9.3 above, such Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Sources: Credit Agreement (J M SMUCKER Co)
Collateral for Undrawn Letters of Credit. (1) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 2.9(b)7.2 or 7.3, Section 2.17, Section 8.2 or Section 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by Administrative the Agent as provided in subsection (b) below.)
Appears in 1 contract
Collateral for Undrawn Letters of Credit. (a) If the payment or prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 2.9(b), Section 2.17, Section 8.2 or Section 8.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Collateral for Undrawn Letters of Credit. If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 2.9(b)1.13, Section 2.17, Section 8.2 9.2 or Section 8.3 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.
Appears in 1 contract
Sources: Credit Agreement (Intl Fcstone Inc.)