Common use of Fronting Exposure Clause in Contracts

Fronting Exposure. At any time there is a Defaulting Lender, (a) with respect to the Issuing Lender, such Defaulting Lender’s Commitment Percentage of the outstanding Letter of Credit Liabilities other than Letter of Credit Liabilities as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swing Loan Lender, such Defaulting Lender’s Commitment Percentage of Swing Loans other than Swing Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.

Fronting Exposure. At any time there is a Defaulting Lender, (a) with respect to the Issuing LenderBank, such Defaulting Lender’s Commitment Percentage of the outstanding Letter of Credit Liabilities Obligations other than Letter of Credit Liabilities Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swing Loan Line Lender, such Defaulting Lender’s Commitment Percentage of Swing Line Loans other than Swing Line Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized Cash Collateralized in accordance with the terms hereof.

Fronting Exposure. At any time there is a Defaulting Lender, (a) with respect to the Issuing LenderL/C Issuer, such Defaulting Lender’s Commitment Percentage of the outstanding Letter of Credit Liabilities Obligations other than Letter of Credit Liabilities Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swing Loan Swingline Lender, such Defaulting Lender’s Commitment Percentage of Swing Swingline Loans other than Swing Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized Cash Collateralized in accordance with the terms hereof.

Fronting Exposure. At any time there is a Defaulting Lender, (a) with respect to the Issuing Lender, such Defaulting Lender’s 's Commitment Percentage of the outstanding Letter of Credit Liabilities other than Letter of Credit Liabilities as to which such Defaulting Lender’s 's participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swing Loan Lender, such Defaulting Lender’s 's Commitment Percentage of Swing Loans other than Swing Loans as to which such Defaulting Lender’s 's participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.

Fronting Exposure. At any time there is a Defaulting Lender, (a) with respect to the Issuing LenderFronting Bank, such Defaulting Lender’s Commitment Percentage of the outstanding Letter of Credit Liabilities Obligations other than Letter of Credit Liabilities Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swing Loan Swingline Lender, such Defaulting Lender’s Commitment Percentage of Swing Swingline Loans other than Swing Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized Cash Collateralized in accordance with the terms hereof.

Fronting Exposure. At any time there is a Defaulting Lender, (a) with respect to the Issuing Lender, such Defaulting Lender’s Commitment Percentage of the outstanding Letter of Credit Liabilities Obligations other than Letter of Credit Liabilities Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swing Loan LenderSwingline Lenders, such Defaulting Lender’s Commitment Percentage of Swing the applicable Swingline Loans other than Swing Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized Cash Collateralized in accordance with the terms hereof.