Common use of Agreement to Repay Letter of Credit Drawings Clause in Contracts

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the respective Issuing Bank, by making payment to the Agent in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank), for any payment or disbursement made by such Issuing Bank under any Letter of Credit (each such amount so paid until reimbursed, an "Unpaid Drawing"), immediately after, and in any event on the date of, such payment or disbursement, with interest on the amount so paid or disbursed by such Issuing Bank, to the extent not reimbursed prior to 12:00 Noon (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding the date such Issuing Bank is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate in effect from time to time plus 4%, in each case with such interest to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the respective Issuing BankLetter of Credit Issuer, by making payment to the Agent in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank)Office, for any payment or disbursement made by such Issuing Bank the Letter of Credit Issuer under any Letter of Credit issued by it (each such amount so paid or disbursed until reimbursed, an "Unpaid Drawing"), immediately after, and in any event on ) promptly upon but no later than two Business Days after the date of, Letter of Credit Issuer notifies the Borrower that such payment or disbursementdisbursement has occurred, with interest on the amount so paid or disbursed by such Issuing Bankthe Letter of Credit Issuer, to the extent not reimbursed prior to 12:00 Noon 1:00 P.M. (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding not including the date such Issuing Bank the Letter of Credit Issuer is reimbursed by the Borrower therefor at a rate per annum which shall be the Applicable Base Rate Margin plus the Base Rate as in effect from time to time (plus 4%an additional 2% per annum if not reimbursed by the third Business Day after the date of such notice of such payment or disbursement), in each case with such interest also to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The respective Dollar Revolving Loan Borrower hereby agrees to reimburse the respective Issuing Bank, by making payment to the Agent in Dollars and in immediately available funds directly to the Paying Agent at the Payment Office (or by making for the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and benefit of such Issuing Bank), for any payment or disbursement made by such Issuing Bank under any Letter of Credit issued by it (with each such amount so paid paid, until reimbursed, an "Unpaid Drawing"), immediately after, and in any event on the date of, such payment or disbursement, with interest on the amount so paid or disbursed by such Issuing Bank, to the extent not reimbursed prior to 12:00 Noon 2:00 P.M. (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding the date such Issuing Bank is was reimbursed by the respective Dollar Revolving Loan Borrower therefor at a rate per annum which shall be the Base Rate in effect from time to time plus 4%, in each case with such interest to be payable on demand.the Applicable Margin for

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the respective Issuing Bank, by making payment to the Administrative Agent in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank), for any payment or disbursement made by such Issuing Bank under any Letter of Credit (each such amount so paid until reimbursed, an "Unpaid Drawing"), immediately after, and in any event on the date of, such payment or disbursement, with interest on the amount so paid or disbursed by such Issuing Bank, to the extent not reimbursed prior to 12:00 Noon (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding the date such Issuing Bank is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate in effect from time to time plus 44 1/4%, in each case with such interest to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the respective Issuing Bank, by making payment to the Agent in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank), for any payment or disbursement made by such Issuing Bank under any Letter of Credit (each such amount so paid until reimbursed, an "Unpaid Drawing"), immediately after, and in any event on the date of, such payment or disbursement, with interest on the amount so paid or disbursed by such Issuing Bank, to the extent not reimbursed prior to 12:00 Noon (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding the date such Issuing Bank is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate in effect from time to time plus 4%, -3/4% in each case with such interest to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the respective Issuing Bank, by making payment to the Agent in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank), for any payment or disbursement made by such Issuing Bank under any Letter of Credit (each such amount so paid until reimbursed, an "Unpaid Drawing"), immediately after, and in any event on the date of, such payment or disbursement, with interest on the amount so paid or disbursed by such Issuing Bank, to the extent not reimbursed prior to 12:00 Noon (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding the date such Issuing Bank is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate in effect from time to time plus 44.50%, in each case with such interest to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the each respective Issuing BankLetter of Credit Issuer, by making payment to the Administrative Agent for the account of such Letter of Credit Issuer in Dollars in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank)Office, for any payment or disbursement made by such Issuing Bank Letter of Credit Issuer under any Letter of Credit issued by it (each such amount so paid or disbursed until reimbursed, an "Unpaid Drawing"), ) immediately after, and in any event on the date of, notice from such Letter of Credit Issuer of such payment or disbursement, disbursement with interest on the amount so paid or disbursed by such Issuing BankLetter of Credit Issuer, to the extent not reimbursed prior to 12:00 Noon 1:00 P.M. (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding not including the date such Issuing Bank Letter of Credit Issuer is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate as in effect from time to time (plus 4%an additional 2% per annum if not reimbursed by the third Business Day after the date of notice of such payment or disbursement), in each case with such interest to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The -------------------------------------------- Borrower hereby agrees to reimburse the each respective Issuing BankLetter of Credit Issuer, by making payment to the Administrative Agent for the account of such Letter of Credit Issuer in Dollars in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank)Office, for any payment or disbursement made by such Issuing Bank Letter of Credit Issuer under any Letter of Credit issued by it (each such amount so paid or disbursed until reimbursed, an "Unpaid Drawing"), ) immediately after, and in any event on the date of, notice from such Letter of Credit Issuer of such payment or disbursement, disburse ment with interest on the amount so paid or disbursed by such Issuing BankLetter of Credit Issuer, to the extent not reimbursed prior to 12:00 Noon 1:00 P.M. (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding not including the date such Issuing Bank Letter of Credit Issuer is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate as in effect from time to time (plus 4%an additional 2% per annum if not reimbursed by the third Business Day after the date of notice of such payment or disbursement), in each case with such interest to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the respective Issuing Bank, by making payment to the Agent in immediately available funds at the Payment Office (or by making the payment directly to such the Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such the Issuing Bank), for any payment or disbursement made by such the Issuing Bank under any Letter of Credit (each such amount so paid until reimbursed, an "Unpaid Drawing"), immediately after, and in any event on the date of, such payment or disbursement, with interest on the amount so paid or disbursed by such the Issuing Bank, to the extent not reimbursed prior to 12:00 Noon (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding the date such the Issuing Bank is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate in effect from time to time plus 44.5%, in each case with such interest to be payable on demand. The Issuing Bank shall provide the Borrower prompt notice of each Drawing under any Letter of Credit; provided that a failure to give any such notice shall in no way effect, impair or diminish the Borrower's obligations under this Section 2.05(a) or under any other Section of this Agreement.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the respective Issuing Bank, by making payment to the Administrative Agent in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank), for any payment or disbursement made by such Issuing Bank under any Letter of Credit (each such amount so paid until reimbursed, an "Unpaid Drawing"), immediately after, and in any event on the date of, such payment or disbursement, with interest on the amount so paid or disbursed by such Issuing Bank, to the extent not reimbursed prior to 12:00 Noon (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding the date such Issuing Bank is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate in effect from time to time plus 4%, -3/4% in each case with such interest to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the each respective Issuing BankLetter of Credit Issuer, by making payment to the Administrative Agent for the account of such Letter of Credit Issuer in Dollars in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank)Office, for any payment or disbursement made by such Issuing Bank Letter of Credit Issuer under any Letter of Credit issued by it (each such amount so paid or disbursed until reimbursed, an "“Unpaid Drawing"), ”) immediately after, and in any event on the date of, notice from such Letter of Credit Issuer of such payment or disbursement, disbursement with interest on the amount so paid or disbursed by such Issuing BankLetter of Credit Issuer, to the extent not reimbursed prior to 12:00 Noon 1:00 P.M. (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding not including the date such Issuing Bank Letter of Credit Issuer is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate as in effect from time to time (plus 4%an additional 2% per annum if not reimbursed by the third Business Day after the date of notice of such payment or disbursement), in each case with such interest to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the respective Issuing BankLetter of Credit Issuer, by making payment to the Administrative Agent in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank)Office, for any payment or disbursement made by such Issuing Bank the Letter of Credit Issuer under any Letter of Credit (each such amount so paid or disbursed until reimbursed, an "“Unpaid Drawing"”), immediately afternot later than 1:00 P.M. (New York time), and in any event on the date of, Business Day immediately following the day that the Borrower receives notice from the Letter of Credit Issuer of such payment or disbursementUnpaid Drawing, with interest on the amount so paid or disbursed by such Issuing BankLetter of Credit Issuer, to the extent not reimbursed prior to 12:00 Noon 1:00 P.M. (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding not including the date such Issuing Bank the Letter of Credit Issuer is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate in effect from time rate then applicable to time Revolving Loans that are ABR Loans pursuant to Section 1.8(a) (plus 4%an additional 2% per annum if not reimbursed by the third Business Day after the date of such payment or disbursement), in each case with such interest also to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower Borrowers hereby agrees agree to reimburse the respective Issuing BankLetter of Credit Issuer, by making payment to the Administrative Agent in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank)Office, for any payment or disbursement made by such Issuing Bank the Letter of Credit Issuer under any Letter of Credit (each such amount so paid or disbursed until reimbursed, an "“Unpaid Drawing"”), immediately afternot later than 1:00 P.M. (New York time), and in any event on the date of, Business Day immediately following the day that either Borrower receives notice from the Letter of Credit Issuer of such payment or disbursementUnpaid Drawing, with interest on the amount so paid or disbursed by such Issuing BankLetter of Credit Issuer, to the extent not reimbursed prior to 12:00 Noon 1:00 P.M. (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding not including the date such Issuing Bank the Letter of Credit Issuer is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate in effect from time rate then applicable to time Revolving Loans that are ABR Loans pursuant to Section 1.8(a) (plus 4%an additional 2% per annum if not reimbursed by the third Business Day after the date of such payment or disbursement), in each case with such interest also to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower -------------------------------------------- Company hereby agrees to reimburse the respective Issuing Bank, by making payment directly to such Issuing Bank for its own account in lawful money of the Agent United States of America and in immediately available funds at the Payment Office (or by making the applicable payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and office of such Issuing Bank), for any payment or disbursement made by such Issuing Bank under any Letter of Credit issued by it (each such amount so paid or disbursed until reimbursed, an "Unpaid Drawing"), ) immediately after, and in any event on the date of, such payment or disbursement, disbursement with interest on the amount so paid or disbursed by such Issuing Bank, to the extent not reimbursed prior to 12:00 Noon (New York time) on the date of such payment or disbursement, from and including the date paid or disbursed to but excluding not including the date such Issuing Bank is was reimbursed by the Borrower therefor at a rate per annum which shall be 1% in excess of the Base Rate as in effect from time to time plus 4%time, in each case with such interest also to be payable on demand.

Agreement to Repay Letter of Credit Drawings. (a) The Borrower hereby agrees to reimburse the respective Issuing Bank, by making payment to the Agent in immediately available funds at the Payment Office (or by making the payment directly to such Issuing Bank at such location as may otherwise have been agreed upon by the Borrower and such Issuing Bank), for any payment or disbursement made by such Issuing Bank under any Letter of Credit (each such amount so paid until reimbursed, an "Unpaid Drawing"), immediately after, and in any event on the date of, such payment or disbursement, with interest on the amount so paid or disbursed by such Issuing Bank, to the extent not reimbursed prior to 12:00 Noon (New York time) on the date of such payment or disbursementdisburse- ment, from and including the date paid or disbursed to but excluding the date such Issuing Bank is reimbursed by the Borrower therefor at a rate per annum which shall be the Base Rate in effect from time to time plus 43.75%, in each case with such interest to be payable on demand.