Example ContractsClausesobligation to cash collateralizeVariants
Obligation to Cash Collateralize
Obligation to Cash Collateralize contract clause examples

Obligation to Cash Collateralize. At any time there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the L/C Issuer (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

Obligation to Cash Collateralize. At any time there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the L/C Issuer (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

Obligation to Cash Collateralize. At any time1"> that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the L/C Issuer (with a copy to the Administrative Agent),3"> the Borrower shall Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

Obligation to Cash Collateralize. At any time1"> that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the L/C Issuer (with a copy to the Administrative Agent),3"> the Borrower shall Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

Obligation to Cash Collateralize. At any time1"> that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the L/C Issuer (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

Obligation to Cash Collateralize. At any time1"> that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the L/C Issuer (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

Obligation to Cash Collateralize. At any time1"> that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or 3">the3">any L/C Issuer (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the L/C 5">Issuer’s5">Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.7">15(7">16(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

Obligation to Cash Collateralize. At any time1"> that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or 3">the3">any L/C Issuer (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the L/C 5">Issuer’s5">Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.7">15(7">16(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

Obligation to Cash Collateralize. At any time there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the L/C Issuer (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

Obligation to Cash Collateralize. At any time there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the L/C Issuer (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.15(a)(iv)] and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

Obligation to Cash Collateralize. At any time1"> that there shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or 3">the3">any L/C Issuer (with a copy to the Administrative Agent)5">, the Borrower5"> Borrowers shall Cash Collateralize the L/C 7">Issuer’s7">Issuers’ Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to [Section 2.9">15(a)(iv)]9">6.1] # and any 11">Cash Collateral11">cash collateral provided by such Defaulting Lender) in an amount not less than 13">105% of the 15">Minimum Collateral Amount.15">stated amount of all outstanding Letters of Credit.

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