At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Bank’s LC Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.24(b)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 105% of the Issuing Bank’s LC Exposure with respect to such Defaulting Lender.

At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the applicable Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize thesuch Issuing Bank’Bank’s LC Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.24(26(b)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 105% of thesuch Issuing Bank’Bank’s LC Exposure with respect to such Defaulting Lender.

At any time that there shall exist a Defaulting Lender that is a Revolving Lender, within one Business Day following the written request of the Administrative Agent or the Issuing BankLC Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Bank’LC Issuer’s LC ExposureOutstandings with respect to such Defaulting Lender (determined after giving effect to [Section 2.24(18(b)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 105%103% of the Issuing Bank’LC Issuer’s LC ExposureOutstandings with respect to such Defaulting Lender.

SECTION # Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or theany Issuing BankLender (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the Fronting Exposure of such Issuing Bank’s LC ExposureLender with respect to such Defaulting Lender (determined after giving effect to [Section 2.24(b)5.15(a)(iv)] and any Cash 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 Issuing Bank’s LC Exposure with respect toLetter of Credit Sublimit then in effect, then, within two (2) Business Days after receipt of such Defaulting Lender.notice, the Borrower shall provide Cash Collateral for the amount by which the L/C Obligations exceeds the Letter of Credit Sublimit.

SECTION #14Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or theany Issuing BankLender (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the Fronting Exposure of such Issuing Bank’s LC ExposureLender with respect to such Defaulting Lender (determined after giving effect to [Section 2.24(b)5.15(a)(iv)] and any Cash 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 Issuing Bank’s LC Exposure with respect toLetter of Credit Sublimit then in effect, then, within two (2) Business Days after receipt of such Defaulting Lender.notice, the Borrower shall provide Cash Collateral for the amount by which the L/C Obligations exceeds the Letter of Credit Sublimit.

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 the Issuing Bankany L/C Issuer (with a copy to the Administrative Agent) the BorrowerBorrowers shall Cash Collateralize the Issuing Bank’cash collateralize such L/C Issuer’s LCFronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.24(b)15(a)(iv)v)] and any Cash Collateralcash collateral provided by such Defaulting Lender) in an amount not less than 105% of the Issuing Bank’s LC Exposure with respect to such Defaulting Lender.Minimum Collateral Amount.

Obligation to Cash 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 the Issuing Bankany L/C Issuer (with a copy to the Administrative Agent), the BorrowerBorrowers shall Cash Collateralize the Issuing Bank’s LCL/C Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.24(b)16(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 105%the then Outstanding Amount of the Issuing Bank’s LC Exposure with respect to such Defaulting Lender.L/C Obligations.

Obligation to Cash Collateralize. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the Issuing BankL/C Issuer (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the Issuing Bank’L/C Issuer’s LCFronting Exposure with respect to such Defaulting Lender (determined after giving effect to [SectionSection 2.24(b)15(a)(iv)] and any Cash 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 Issuing Bank’s LC Exposure with respect toLetter of Credit Sublimit then in effect, then within two (2) Business Days after receipt of such Defaulting Lender.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) At any time that there shall exist a Defaulting Lender,​, within one Business Day following the written request of the Administrative Agent or the Issuing Bankany L/C Issuer (with a copy to the Administrative Agent) the BorrowerBorrowers shall Cash Collateralize the Issuing Bank’cash collateralize such L/C Issuer’s LCFronting Exposure with respect to such Defaulting Lender​ (determined after giving effect to [Section 2.24(b)15(a)(iv)v)] and any Cash Collateralcash collateral provided by such Defaulting Lender)​) in an amount not less than 105% of the Issuing Bank’s LC Exposure with respect to such Defaulting Lender.Minimum Collateral Amount.

Section # Cash 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 the Issuing Bankany L/C Issuer (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Bank’s LCL/C Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.24(b)14(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than 105% of the Issuing Bank’s LC Exposure with respect to such Defaulting Lender.Minimum Collateral Amount.