Reimbursement Obligations definition

Reimbursement Obligations means, at any time, the aggregate of all obligations of the Borrower then outstanding under Section 2.18 to reimburse the LC Issuers for amounts paid by the LC Issuers in respect of any one or more drawings under Facility LCs.

Reimbursement Obligations means at any time all obligations of the Borrower to reimburse the Issuing Lenders pursuant to Section 3.07 for amounts paid by the Issuing Lenders in respect of drawings under Letters of Credit, including any portion of any such obligation to which a Lender has become subrogated pursuant to Section 3.09.

Reimbursement Obligations means, at any time, the aggregate of all obligations of the Borrower then outstanding under Section 2.20 to reimburse the LC Issuer for amounts paid by the LC Issuer in respect of any one or more drawings under Facility LCs.

Examples of Reimbursement Obligations in a sentence

• During any period of time in which no Credit Facility is in effect under the Series 2022A Bond Indenture and all Reimbursement Obligations, if any, have been paid in full, the provisions of this Series 2022A Loan Agreement that relate to the Credit Facilities, the Credit Agreements, the Required Credit Enhancers, and the Credit Enhancers shall be of no force or effect.

• The Borrower hereby grants to the Bond Trustee, for the benefit of the Persons secured by the lien of the Series 2022A Bond Indenture, a security interest in the Proceeds Fund and all money, securities, and obligations held for the credit thereof as security for payment of the Series 2022A Loan Payments, the other amounts required to be paid by the Borrower pursuant to this Article, and any Reimbursement Obligations.

More Definitions of Reimbursement Obligations

Reimbursement Obligations the obligation of the applicable Borrower to reimburse the applicable Issuing Lender pursuant to subsection 3.5(a) for amounts drawn under the applicable Letters of Credit.

Reimbursement Obligations means, as to any Borrower, the aggregate non-contingent reimbursement or repayment obligations of such Borrower with respect to amounts drawn under Letters of Credit Issued for the account of such Borrower.

Reimbursement Obligations means Borrower's obligations under Section 2.18(e) to reimburse LC Disbursements.

Reimbursement Obligations means the aggregate amount of all unreimbursed drawings under all Letters of Credit (excluding for the avoidance of doubt, reimbursement obligations that are deemed satisfied pursuant to a deemed disbursement under Section 3.6(a)).

Reimbursement Obligations means at any time, the obligations of the Borrowers in respect of all Letters of Credit then outstanding to reimburse amounts actually paid by any Bank in respect of any drawing or drawings under a Letter of Credit.

Reimbursement Obligations means at any time, the aggregate of the Obligations of the Borrower to the Lenders, the Issuing Bank and the Administrative Agent in respect of all unreimbursed payments or disbursements made by the Lenders, the Issuing Bank and the Administrative Agent under or in respect of the Facility Letters of Credit.

Reimbursement Obligations means the Borrower’s obligations to reimburse Unpaid Drawings pursuant to Section 3.4(a).