PURSUANT TO THIS PARAGRAPH SHALL BE FOR THE ACCOUNT OF THE ISSUING BANK, EXCEPT
THAT INTEREST ACCRUED ON AND AFTER THE DATE OF PAYMENT BY ANY REVOLVING LENDER
PURSUANT TO PARAGRAPH (E) OF THIS SECTION 2.18 TO REIMBURSE THE ISSUING BANK
SHALL BE FOR THE ACCOUNT OF SUCH LENDER TO THE EXTENT OF SUCH PAYMENT.
(I)
RESIGNATION OR REMOVAL OF THE ISSUING BANK.
THE ISSUING BANK MAY
RESIGN AS ISSUING BANK HEREUNDER AT ANY TIME UPON AT LEAST 30 DAYS' PRIOR NOTICE
TO THE LENDERS, THE ADMINISTRATIVE AGENT AND BORROWERS.
THE ISSUING BANK MAY BE
REPLACED AT ANY TIME BY WRITTEN AGREEMENT AMONG BORROWERS, THE ADMINISTRATIVE
AGENT, THE REPLACED ISSUING BANK AND THE SUCCESSOR ISSUING BANK.
ONE OR MORE
LENDERS MAY BE APPOINTED AS ADDITIONAL ISSUING BANKS IN ACCORDANCE WITH
SUBSECTION (K) BELOW.
THE ADMINISTRATIVE AGENT SHALL NOTIFY THE LENDERS OF ANY
SUCH REPLACEMENT OF THE ISSUING BANK OR ANY SUCH ADDITIONAL ISSUING BANK.
AT
THE TIME ANY SUCH RESIGNATION OR REPLACEMENT SHALL BECOME EFFECTIVE, BORROWERS
SHALL PAY ALL UNPAID FEES ACCRUED FOR THE ACCOUNT OF THE REPLACED ISSUING BANK
PURSUANT TO SECTION 2.05(C).
FROM AND AFTER THE EFFECTIVE DATE OF ANY SUCH
RESIGNATION OR REPLACEMENT OR ADDITION, AS APPLICABLE, (I) THE SUCCESSOR OR
ADDITIONAL ISSUING BANK SHALL HAVE ALL THE RIGHTS AND OBLIGATIONS OF THE ISSUING
BANK UNDER THIS AGREEMENT WITH RESPECT TO LETTERS OF CREDIT TO BE ISSUED
THEREAFTER AND (II) REFERENCES HEREIN TO THE TERM "ISSUING BANK" SHALL BE DEEMED
TO REFER TO SUCH SUCCESSOR OR SUCH ADDITION OR TO ANY PREVIOUS ISSUING BANK, OR
TO SUCH SUCCESSOR OR SUCH ADDITIONAL ISSUING BANK AND ALL PREVIOUS ISSUING
BANKS, AS THE CONTEXT SHALL REQUIRE.
AFTER THE RESIGNATION OR REPLACEMENT OF AN
ISSUING BANK HEREUNDER, THE REPLACED ISSUING BANK SHALL REMAIN A PARTY HERETO
AND SHALL CONTINUE TO HAVE ALL THE RIGHTS AND OBLIGATIONS OF AN ISSUING BANK
UNDER THIS AGREEMENT WITH RESPECT TO LETTERS OF CREDIT ISSUED BY IT PRIOR TO
SUCH RESIGNATION OR REPLACEMENT, BUT SHALL NOT BE REQUIRED TO ISSUE ADDITIONAL
LETTERS OF CREDIT.
IF AT ANY TIME THERE IS MORE THAN ONE ISSUING BANK
HEREUNDER, BORROWERS MAY, IN THEIR DISCRETION, SELECT WHICH ISSUING BANK IS TO
ISSUE ANY PARTICULAR LETTER OF CREDIT.
(J)
CASH COLLATERALIZATION.
IF ANY EVENT OF DEFAULT SHALL OCCUR AND
BE CONTINUING, ON THE BUSINESS DAY THAT BORROWERS RECEIVE NOTICE FROM THE
ADMINISTRATIVE AGENT, COLLATERAL AGENT OR THE REQUIRED LENDERS (OR, IF THE
MATURITY OF THE LOANS HAS BEEN ACCELERATED, REVOLVING LENDERS WITH LC EXPOSURE
REPRESENTING GREATER THAN 50% OF THE TOTAL LC EXPOSURE) DEMANDING THE DEPOSIT OF
CASH COLLATERAL PURSUANT TO THIS PARAGRAPH, BORROWERS SHALL DEPOSIT IN THE LC
COLLATERAL ACCOUNT, IN THE NAME OF THE ADMINISTRATIVE AGENT OR THE COLLATERAL
AGENT, AS APPLICABLE FOR THE BENEFIT OF THE SECURED PARTIES, AN AMOUNT IN CASH
EQUAL TO 105% OF THE LC EXPOSURE AS OF SUCH DATE PLUS ANY ACCRUED AND UNPAID
INTEREST THEREON; PROVIDED THAT THE OBLIGATION TO DEPOSIT SUCH
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CASH COLLATERAL SHALL BECOME EFFECTIVE IMMEDIATELY, AND SUCH DEPOSIT