Common use of Acceptance Reimbursement Obligations Clause in Contracts

Acceptance Reimbursement Obligations. (a) The Canadian Borrower hereby unconditionally agrees to pay to the Canadian Administrative Agent for the account of each Canadian Lender, on the maturity date (whether at stated maturity, by acceleration or otherwise) for each Acceptance created by such Canadian Lender for the account of the Canadian Borrower, the aggregate undiscounted face amount of each such then-maturing Acceptance.

Appears in 5 contracts

Samples: Credit and Guarantee Agreement (Lear Corp), Credit and Guarantee Agreement (Lear Corp), Credit and Guarantee Agreement (Lear Corp Eeds & Interiors)

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Acceptance Reimbursement Obligations. (a) The Canadian Borrower ------------------------------------ hereby unconditionally agrees to pay to the Canadian Administrative Agent for the account of each Canadian Revolving Credit Lender, on the maturity date (whether at stated maturity, by acceleration or otherwise) for each Acceptance created by such Canadian Revolving Credit Lender for the account of the Canadian Borrower, the aggregate undiscounted face amount of each such then-then- maturing Acceptance.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (SMTC Corp)

Acceptance Reimbursement Obligations. (a) The Canadian ------------------------------------ Borrower hereby unconditionally agrees to pay to the Canadian Administrative Agent for the account of each Canadian Revolving Credit Lender, on the maturity date (whether at stated maturity, by acceleration or otherwise) for each Acceptance created by such Canadian Revolving Credit Lender for the account of the Canadian Borrower, the aggregate undiscounted face amount of each such then-then- maturing Acceptance.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (SMTC Corp)

Acceptance Reimbursement Obligations. (a) The Canadian Borrower hereby unconditionally agrees to pay to the Canadian Administrative Agent for the account of each 57 50 Canadian Lender, on the maturity date (whether at stated maturity, by acceleration or otherwise) for each Acceptance created by such Canadian Lender for the account of the Canadian Borrower, the aggregate undiscounted face amount of each such then-maturing Acceptance.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Lear Corp /De/)

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Acceptance Reimbursement Obligations. (a) The Canadian Borrower hereby unconditionally agrees to pay to the Canadian Administrative Agent for the account of each Canadian Lender, on the maturity date (whether at stated maturity, by acceleration or otherwise) for each Acceptance created by such Canadian Lender for the account of the Canadian BorrowerLender, the aggregate undiscounted face amount of each such then-maturing Acceptance.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Laidlaw Environmental Services Inc)

Acceptance Reimbursement Obligations. (a) The Subject to the provisions of Part C of Annex A, the Canadian Borrower hereby unconditionally agrees to pay to the Canadian Administrative Agent for the account of each Canadian Lender, on the maturity date (whether at stated maturity, by acceleration or otherwise) for each Acceptance created by such Canadian Lender for the account of the Canadian Borrower, the aggregate undiscounted face amount of each such then-maturing Acceptance.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Case Corp)

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