Common use of Termination of Requirement Clause in Contracts

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) following (A) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (B) the determination by the Administrative Agent and each L/C Issuer that there exists excess Cash Collateral; provided that the Person providing Cash Collateral and each L/C Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 5.16 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer that there exists excess Cash Collateral; provided that that, subject to Section 5.15 the Person providing Cash Collateral and each L/C Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C IssuerIssuing Bank’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 2.19 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer Issuing Bank that there exists excess Cash Collateral; provided that that, subject to Section 2.20 the Person providing Cash Collateral and each L/C Issuer Issuing Bank may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 8.8 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each the L/C Issuer that there exists excess Cash Collateral; provided that that, subject to Section 8.7, the Person providing Cash Collateral and each the L/C Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligationsobligations and provided further that to the extent that such Cash Collateral was provided by Borrowers, such Cash Collateral shall remain subject to the security interest granted pursuant to the Loan Documents.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c9.4(c) following (A) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (B) the determination by the Administrative Agent and each the L/C Issuer that there exists excess Cash Collateral; provided that that, subject to Section 1.15 the Person providing Cash Collateral and each the L/C Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any one or more L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c2.03(g) following (A) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (B) the determination by the Administrative Agent and each the applicable L/C Issuer Issuer(s) that there exists excess Cash Collateral; provided that that, subject to Section 2.15 the Person providing Cash Collateral and each the L/C Issuer Issuers may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C the LC Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 6.14.4 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C the LC Issuer that there exists excess Cash Collateral; provided that that, subject to this Section 6.14 the Person providing Cash Collateral and each L/C the LC Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligationsobligations and provided further, such Cash Collateral shall remain subject to the security interest granted pursuant to the Loan Documents.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C the Letter of Credit Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 4.3 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C the Letter of Credit Issuer that there exists excess Cash Collateral; provided that that, subject to Section 4.2, the Person providing Cash Collateral Collateral, and each L/C the Letter of Credit Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s Issuing Bank's Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 2.21 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer Issuing Bank that there exists excess Cash Collateral; provided that that, subject to Section 2.22, the Person providing Cash Collateral and each L/C Issuer Issuing Bank may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C IssuerIssuing Bank’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 2.11 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer Issuing Bank that there exists excess Cash Collateral; provided that that, subject to this Section 2.11 the Person providing Cash Collateral and each L/C Issuer Issuing Bank may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 2.13 following (A) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (B) the determination by the Administrative Agent and each L/C Issuer that there exists excess Cash Collateral; provided that that, subject to Section 2.12, the Person providing Cash Collateral and each L/C Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c1.17(c) following (A) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (B) the determination by the Administrative Agent and each L/C Issuer that there exists excess Cash Collateral; provided that that, subject to Section 1.16, the Person providing Cash Collateral and each L/C Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C the Letter of Credit Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 4.3 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Lead Agent and each L/C the Letter of Credit Issuer that there exists excess Cash Collateral; provided that that, subject to Section 4.2, the Person providing Cash Collateral Collateral, and each L/C the Letter of Credit Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any the L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c2.03(g) following (A) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (B) the determination by the Administrative Agent and each the L/C Issuer that there exists excess Cash Collateral; provided that that, subject to Section 2.16 the Person providing Cash Collateral and each the L/C Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C IssuerIssuing Bank’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 2.15 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer Issuing Bank that there exists excess Cash Collateral; provided that that, subject to Section 2.16, the Person providing Cash Collateral and each L/C Issuer Issuing Bank may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C the LC Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 6.14.4 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C the LC Issuer that there exists excess Cash Collateral; provided that that, subject to this Section 6.14 the Person providing Cash Collateral and each L/C the LC Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.obligations and provided further, such 103 115525625.4 0063724-00082

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any an L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 1.17 following (A) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (B) the determination by the Administrative Agent and each the applicable L/C Issuer that there exists excess Cash Collateral; provided that the Person providing Cash Collateral and each the applicable L/C Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.anticipated

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s the Fronting Exposure of the Swingline Lender shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer the Swingline Lender that there exists excess Cash Collateral; provided that that, subject to Section 2.24, the Person providing Cash Collateral and each L/C Issuer the Swingline Lender may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C IssuerIssuing Bank’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 2.11 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Impacted Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer Issuing Bank that there exists excess Cash Collateral; provided that that, subject to this Section 2.11 the Person providing Cash Collateral and each L/C Issuer Issuing Bank may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuerthe Issuing Bank’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer Issuing Bank that there exists excess Cash Collateral; provided that that, subject to Section 2.19 the Person providing Cash Collateral and each L/C Issuer Issuing Bank may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s Issuing Bank's Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) 2.11 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer Issuing Bank that there exists excess Cash Collateral; provided that that, subject to this Section 2.11 the Person providing Cash Collateral and each L/C Issuer Issuing Bank may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C IssuerIssuing Bank’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of the Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer Issuing Bank that there exists excess Cash Collateral; provided that that, subject to Section 2.24, the Person person providing Cash Collateral and each L/C Issuer Issuing Bank may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C LC Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c2.22(d) following (A) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (B) the determination by the Administrative Agent and each L/C LC Issuer that there exists excess Cash Collateral; provided that that, subject to this Section 2.22 the Person providing Cash Collateral and each L/C LC Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c2.13(c) following (A) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (B) the determination by the Administrative Agent and each L/C Issuer that there exists excess Cash Collateral; provided that that, unless the Person providing Cash Collateral and each L/C Issuer may agree agrees that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations, such Cash Collateral shall be immediately returned to such Person.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C an LC Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c2.22(d) following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer the LC Issuers that there exists excess Cash Collateral; provided that that, subject to this Section 2.22 the Person providing Cash Collateral and each L/C Issuer the LC Issuers may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C Issuer’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c10.14(c) following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer that there exists excess Cash Collateral; provided that that, the Person providing Cash Collateral and each L/C Issuer may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.

Termination of Requirement. Cash Cash-Collateral (or the appropriate portion thereof) provided to reduce any L/C the LC Issuer’s Fronting Exposure shall no longer be required to be held as Cash Cash-Collateral pursuant to this Section 1.7(c) 1.8 following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C the LC Issuer that there exists excess Cash Cash-Collateral; provided that that, subject to this Section 1.8 the Person providing Cash Cash-Collateral and each L/C the LC Issuer may agree that Cash Cash-Collateral shall be held to support future anticipated Fronting Exposure or other obligationsobligations and provided further that to the extent that such Cash-Collateral was provided by the Borrower, such Cash Collateral shall remain subject to the security interest granted pursuant to the Transaction Documents.

Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce any L/C IssuerIssuing Lender’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 1.7(c) following (Ai) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (Bii) the determination by the Administrative Agent and each L/C Issuer Issuing Lender that there exists excess Cash Collateral; provided that that, subject to Section 2.6 the Person providing Cash Collateral and each L/C Issuer Issuing Lender may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations.