New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto (determined after giving effect to [Section 2.15(a)(v)] and any cash collateral provided by such Defaulting Lender).

New Letters of Credit. So long as any Revolving Credit Lender​ is a Defaulting Lender,​, no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto (determined after giving effect to [Section 2.15(a)(v)] and any cash collateral provided by such Defaulting Lender)​).

New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renewincrease, reinstate or increaserenew any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto (determined after giving effect to [Section 2.15(a)(v)] and any cash collateral provided by such Defaulting Lender).thereto.

New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, nothe L/C Issuer shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto (determined after giving effect to [Section 2.15(a)(v)] and any cash collateral provided by such Defaulting Lender).thereto.

New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, renewincrease, reinstate or increaserenew any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto (determined after giving effect to [Section 2.15(a)(v)] and any cash collateral provided by such Defaulting Lender).thereto.

New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no L/C Issuerthe Issuing Bank shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it willshall have no Fronting Exposure after giving effect thereto (determined after giving effect to [Section 2.15(a)(v)] and any cash collateral provided by such Defaulting Lender).thereto.

New Letters of Credit. So long as any Revolving Credit Lender is at that time a Defaulting Lender, nounless the L/C Issuer shall be requiredhas entered into arrangements, including the delivery of Cash Collateral, reasonably satisfactory to issue, extend, renewthe L/C Issuer (in its sole discretion) with the Borrower or increase any Letter ofsuch Revolving Credit unless it is satisfied that it will have noLender to eliminate the L/C Issuer’s actual or potential Fronting Exposure after giving effect thereto (determined after(after giving effect to [Section 2.15(a)(v)iv)]) with respect to the Defaulting Lender arising from either the Letter of Credit then proposed to be issued or that Letter of Credit and any cash collateral provided by such Defaulting Lender).all other L/C Obligations as to which the L/C Issuer has actual or potential Fronting Exposure, as it may elect in its sole discretion.

New Letters of Credit. So long as any Revolving Credit Lender is a Defaulting Lender, no L/C IssuerIssuing Bank shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no FrontingLC Exposure in respect of that Defaulting Lender after giving effect thereto (determined after giving effect tofollowing such Issuing Bank’s obligations as provided in this [Section 2.15(a)(v)] and any cash collateral provided by24]; provided, however, if the Borrower has Cash Collateralized the Issuing Bank’s LC Exposure with respect to such Defaulting Lender).Lender in the amount of 105% as provided in [Section 2.24(a)] hereof, or if the Borrower, Administrative Agent and Issuing Bank agree in writing that a Lender is no longer a Defaulting Lender as provided in [Section 2.24(c)] hereof, this [Section 2.24(d)] shall not be interpreted to terminate or suspend the Issuing Bank’s obligation, if any, to issue, extend, renew or increase any Letter of Credit otherwise permitted under and subject to the terms of this Agreement.

New Letters of Credit. So long as any Revolving Credit Lender is at that time a Defaulting Lender, nounless such L/C Issuer shall be requiredhas entered into arrangements, including the delivery of Cash Collateral, satisfactory to issue, extend, renewsuch L/C Issuer (in its sole discretion) with the Borrower or increase anysuch Lender to eliminate such L/C Issuer’s actual or potential Fronting Exposure (after giving effect to ‎[Section 2.17(a)(iv)]) with respect to the Defaulting Lender arising from either the Letter of Credit unlessthen proposed to be issued or that Letter of Credit and all other L/C Obligations as to which such L/C Issuer has actual or potential Fronting Exposure, as it is satisfied that it will have no Fronting Exposure after giving effect thereto (determined after giving effect to [Section 2.15(a)(v)] and any cash collateral provided by such Defaulting Lender).may elect in its sole discretion.

New Letters of Credit.Credit/Swing Loans. So long as any Revolving Credit Lender is a Defaulting Lender, # no L/C Issuer shall be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto (determinedand # the Swing Line Lender shall not be required to fund any Swing Loans unless it is satisfied that it will have no Fronting Exposure after giving effect to [Section 2.15(a)(v)] and any cash collateral provided by such Defaulting Lender).Swing Loan.