Example ContractsClausescollateral agreementVariants
Collateral Agreement
Collateral Agreement contract clause examples

Cash Collateral. At any point in time in which there is a Defaulting Lender, the applicable Issuing Lender may require the Company to Cash Collateralize the LOC Obligations pursuant to [Section 2.20].

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Cash Collateral. At any point in time in which there is a Defaulting Lender, the Issuing Lender may require the Borrowers to Cash Collateralize the LOC Obligations pursuant to [Section 2.20].

Source document

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