Immediately payable. If a Bank Guarantee or any amount outstanding under a Guarantee is expressed to be immediately payable, the Borrower shall repay or prepay that amount immediately.
Appears in 2 contracts
Sources: Amendment and Restatement Agreement (Cascal N.V.), Facility Agreement (Cascal B.V.)
Immediately payable. If a Bank Guarantee or any amount outstanding under a Guarantee is expressed to be becomes immediately payablepayable under this Agreement, the Borrower shall repay or prepay that amount immediately.
Appears in 2 contracts
Sources: Multicurrency Guarantee Facility Agreement (Acergy S.A.), Multicurrency Revolving Credit and Guarantee Facility Agreement (Acergy S.A.)
Immediately payable. If a Bank Guarantee or any amount outstanding under a Bank Guarantee is expressed to be immediately payablepayable by the Facility C Lender issuing that Bank Guarantee, the Borrower shall repay or prepay that amount immediately.
Appears in 1 contract
Immediately payable. If a Bank Guarantee or any amount outstanding under a Guarantee is expressed to be immediately payable, the Borrower shall repay or prepay that amount immediately.
Appears in 1 contract
Immediately payable. If a Bank Guarantee or any amount outstanding under a Bank Guarantee is expressed to be immediately payablepayable by the Lender issuing that Bank Guarantee, the Borrower shall repay or prepay that amount immediately.
Appears in 1 contract
Immediately payable. If a Bank Guarantee or any amount outstanding under a Guarantee is expressed to be immediately payable, the Borrower Borrowers shall repay or prepay that amount immediately.
Appears in 1 contract
Immediately payable. If a Bank Guarantee or any amount outstanding under a Bank Guarantee is expressed to be becomes immediately payablepayable under this Agreement, the Borrower shall repay or prepay that amount immediately.
Appears in 1 contract
Sources: Development Facility Agreement
Immediately payable. If a the Bank Guarantee or any amount outstanding under a the Bank Guarantee is expressed to be immediately payable, the Borrower Company shall repay or prepay that amount immediately.
Appears in 1 contract
Immediately payable. If a Bank Guarantee or any amount outstanding under a Guarantee is expressed to be becomes immediately payablepayable under this Agreement, the relevant Borrower shall repay or prepay that amount immediately.
Appears in 1 contract
Sources: Multicurrency Revolving Credit and Guarantee Facility Agreement (Subsea 7 S.A.)