Common use of Additional Reimbursement Provisions Clause in Contracts

Additional Reimbursement Provisions. Each Working Capital Facility Lender’s obligation to make Working Capital Loans to reimburse a Fronting Lender for amounts drawn under Letters of Credit, as contemplated by this Section 6.3, shall be absolute and unconditional and shall not be affected by any circumstance, including (i) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against the applicable Fronting Lender, the Principal Borrower or any other Person for any reason whatsoever; (ii) the occurrence or continuance of a Default or Event of Default, (iii) non-compliance with any of the conditions set forth in Article 3 or (iv) any other occurrence, event or condition, whether or not similar to any of the foregoing. No such making of a Working Capital Loan shall relieve or otherwise impair the obligation of the Principal Borrower to reimburse the applicable Fronting Lender for the amount of any payment made by the applicable Fronting Lender under any Letter of Credit, together with interest as provided herein.

Additional Reimbursement Provisions. Each Working Capital Facility Syndicated Lender’s obligation to make Working Capital Loans to reimburse a Fronting Lender for amounts drawn under Fronted Letters of Credit, as contemplated by this Section 6.36.3(b), shall be absolute and unconditional and shall not be affected by any circumstance, including (i) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against the applicable Fronting Lender, the Principal Borrower or any other Person for any reason whatsoever; (ii) the occurrence or continuance of a Default or Event of Default, (iii) non-compliance with any of the conditions set forth in Article 3 or (iv) any other occurrence, event or condition, whether or not similar to any of the foregoing. No such making of a Working Capital Loan shall relieve or otherwise impair the obligation of the Principal Borrower to reimburse the applicable Fronting Lender for the amount of any payment made by the applicable Fronting Lender under any Fronted Letter of Credit, together with interest as provided herein.

Additional Reimbursement Provisions. Each Working Capital Facility Lender’s obligation to make Working Capital Loans to reimburse a Fronting Lender for amounts drawn under Letters of Credit, as contemplated by this Section 6.3, shall be absolute and unconditional and shall not be affected by any circumstance, including (i) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against the applicable Fronting Lender, the Principal Borrower or any other Person for any reason whatsoever; (ii) the occurrence or continuance of a Default or Event of Default, (iii) non-compliance with any of the conditions set forth in Article 3 or (iv) any other occurrence, event or condition, whether or not similar to any of the foregoing. No such making of a Working Capital Loan shall relieve or otherwise impair the obligation of the Principal Borrower to reimburse the applicable Fronting Lender for the amount of any payment made by the applicable Fronting Lender under any Letter of Credit, together with interest as provided herein.