Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any L/C Issuer (with a copy to the Administrative Agent) the Borrowers shall cash collateralize such L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(a)(v)] and any cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Cash Collateral. (i) At any time that there shall exist a Defaulting Lender,, within one Business Day following the written request of the Administrative Agent or any L/C Issuer (with a copy to the Administrative Agent) the Borrowers shall cash collateralize such L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(a)(v)] and any cash collateral provided by such Defaulting Lender)) in an amount not less than the Minimum Collateral Amount.
Section # Cash Collateral. (i)Collateral for Fronting Exposure. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any L/C Issuer (with a copy to the Administrative Agent) the BorrowersBorrower shall cash collateralize suchCash Collateralize the L/C Issuer’sIssuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(14(a)(v)iv)] and any cash collateralCash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Obligation to Cash Collateral. (i)Collateralize. At any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any L/C Issuer (with a copy to the Administrative Agent), the Borrowers shall cash collateralize suchCash Collateralize the L/C Issuer’sIssuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(16(a)(v)iv)] and any cash collateralCash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.then Outstanding Amount of the L/C Obligations.
CashSECTION #14Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any L/C IssuerIssuing Lender (with a copy to the Administrative Agent), the BorrowersBorrower shall cash collateralizeCash Collateralize the Fronting Exposure of such L/C Issuer’s Fronting ExposureIssuing Lender with respect to such Defaulting Lender (determined after giving effect to [Section 2.5.15(a)(v)iv)] and any cash collateralCash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount. In addition, if the Administrative Agent notifies the Borrower at any time that the Dollar Equivalent amount of the aggregate outstanding amount of all L/C Obligations at such time exceeds 105% of the Letter of Credit Sublimit then in effect, then, within two (2) Business Days after receipt of such notice, the Borrower shall provide Cash Collateral for the amount by which the L/C Obligations exceeds the Letter of Credit Sublimit.
SECTION # Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any L/C IssuerIssuing Lender (with a copy to the Administrative Agent), the BorrowersBorrower shall cash collateralizeCash Collateralize the Fronting Exposure of such L/C Issuer’s Fronting ExposureIssuing Lender with respect to such Defaulting Lender (determined after giving effect to [Section 2.5.15(a)(v)iv)] and any cash collateralCash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount. In addition, if the Administrative Agent notifies the Borrower at any time that the Dollar Equivalent amount of the aggregate outstanding amount of all L/C Obligations at such time exceeds 105% of the Letter of Credit Sublimit then in effect, then, within two (2) Business Days after receipt of such notice, the Borrower shall provide Cash Collateral for the amount by which the L/C Obligations exceeds the Letter of Credit Sublimit.
Obligation to Cash Collateral. (i) AtCollateralize. In addition to the obligations set forth in [Section 2.03(q)], at any time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent or any L/C Issuer (with a copy to the Administrative Agent), [[Released U.K. Borrowers:Organization]] shall Cash Collateralize the Borrowers shall cash collateralize such L/C Issuer’sIssuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(17(a)(v)iv)] and any cash collateralCash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
Obligation to Cash Collateral. (i)Collateralize. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or anythe L/C Issuer (with a copy to the Administrative Agent), the BorrowersBorrower shall cash collateralize suchCash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [SectionSection 2.15(a)(v)]iv) and any cash collateralCash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount. Additionally, if the Administrative Agent notifies the Company at any time that the Outstanding Amount of all L/C Obligations at such time exceeds 105% of the Letter of Credit Sublimit then in effect, then within two (2) Business Days after receipt of such notice, the Company shall provide Cash Collateral for the Outstanding Amount of the L/C Obligations in an amount not less than the amount by which the Outstanding Amount of all L/C Obligations exceeds the Letter of Credit Sublimit.
Cash Collateral. (i)Collateralization - Defaulting [[Organization B:Organization]]. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or any L/C Issuerthe Issuing Bank (with a copy to the Administrative Agent) the BorrowersBorrower shall cash collateralize such L/C Issuer’Cash Collateralize the Issuing Bank’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [SectionSection 2.15(a)(v)]18 and any cash collateralCash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
SECTION # Cash Collateral. (i) At any time that there shall exist a Defaulting Lender, within onethree (3) Business DayDays following the written request of the Administrative Agent orAgent, any L/C IssuerIssuing Lender (with a copy to the Administrative Agent) or the BorrowersSwingline Lender (with a copy to the Administrative Agent), the Borrower shall cash collateralize such L/C Issuer’sCash Collateralize the Fronting Exposure of such Issuing Lender and/or the Swingline Lender, as applicable, with respect to such Defaulting Lender (determined after giving effect to [Section 2.5.15(a)(v)iv)] and any cash collateralCash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.
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