Borrower's Reimbursement Obligation. The expenses of the Lender incurred in connection with actions undertaken as provided in this Article IV, together with interest thereon at a rate equal to the rate per annum at which interest would then be payable on past due Loans under this Agreement, from the date of payment by the Lender to the date reimbursed by the Borrower, shall be payable by the Borrower to the Lender on demand.
Borrower's Reimbursement Obligation. The expenses of the Agent incurred in connection with actions undertaken as provided in this Section, together with interest thereon after a Credit Agreement Event of Default at the Overdue Rate from the date of payment by the Agent to the date reimbursed by the Borrower, shall be payable by the Borrower to the Agent on demand.
Borrower's Reimbursement Obligation. The Borrower hereby agrees to reimburse the Issuing Bank, by making payment to the Agent for the account of the Issuing Bank and the Lenders in accordance with Section 2.09(b) hereof on the date of each payment made by the Issuing Bank under any Letter of Credit issued on behalf of the Borrower in an amount equal to the Dollar Equivalent Amount of the amount so paid by the Issuing Bank, without notice, protest or demand, all of which are hereby waived, and an action therefor shall immediately accrue. To the extent such payment is not timely made, the Borrower hereby agrees to pay to the Agent, for the account of the Issuing Bank and the Lenders, on demand, interest on any unreimbursed Letter of Credit Reimbursement Obligations for each day from and including the date of such payment by the Issuing Bank until paid (before and after judgment) in accordance with Section 2.09(c) hereof, at the rate per annum set forth in Section 2.09(c)(ii) hereof.
Borrower's Reimbursement Obligation. The expenses of the Lender incurred in connection with actions undertaken as provided in this Section 9, together with interest thereon at a rate per annum equal to the Prime Rate (as defined in the Note) plus 200 basis points from the date of payment by the Lender to the date reimbursed by the Borrower, shall be payable by the Borrower to the Lender on demand.
Borrower's Reimbursement Obligation. The Borrower hereby agrees to reimburse the Issuing Bank, by making payment to the Agent for the account of the Issuing Bank in accordance with Section 2.12(b) hereof on the date of each payment made by the Issuing Bank under any Letter of Credit, without notice, protest or demand, all of which are hereby waived, and an action therefor shall immediately accrue. To the extent such payment is not timely made, the Borrower hereby agrees to pay to the Agent, for the account of the Issuing Bank, on demand, interest on any Letter of Credit Unreimbursed Draws for each day from and including the date of such payment by the Issuing Bank until paid (before and after judgment) in accordance with Section 2.12(c) hereof, at the rate per annum set forth in Section 2.12(c)(ii) hereof.
Borrower's Reimbursement Obligation. The Borrower hereby agrees to reimburse the Issuing Bank, by making payment to the Agent for the account of the Issuing Bank in accordance with Section 3.15(b) hereof, in the amount of each Letter of Credit Unreimbursed Draw, on October 16, 2000 (the "Reimbursement Target Date") and thereafter ON DEMAND. Such reimbursement shall also be due at such earlier times as are provided elsewhere in this Agreement and the other Loan Documents.
Borrower's Reimbursement Obligation. The expenses of the Administrative Agent incurred in connection with actions undertaken as provided in this Section, together with interest thereon at a rate per annum equal to the rate per annum at which interest would then be payable on past due Base Rate Loans under the Credit Agreement, from the date of payment by the Administrative Agent to the date reimbursed by the relevant Subsidiary, shall be payable by the such Subsidiary to the Administrative Agent on demand.
Borrower's Reimbursement Obligation. (i) Each Borrower jointly and severally agrees to reimburse the Issuing Bank in respect of a Letter of Credit on each date on which a draft presented under such Letter of Credit is paid by the Issuing Bank for the amount of (i) such draft so paid and (ii) any taxes, fees, charges or other costs or expenses incurred by the Issuing Bank in connection with such payment. Each such payment shall be made to the Issuing Bank at its Principal Office in Dollars and in immediately available funds.
Borrower's Reimbursement Obligation. The expenses of the Agent incurred in connection with any actions taken pursuant to this Section 10, together with interest thereon at a rate per annum equal to 3 1/2% above the Base Rate then in effect from the date payment is demanded by the Agent to the date reimbursed by the Borrower, shall be payable by the Borrower to the Agent on demand.
Borrower's Reimbursement Obligation. If the Issuer makes any Letter of Credit Disbursement under any Letter of Credit, the Issuer shall notify Genesis (on behalf of the Borrowers) and the Agent of the date and amount of such Letter of Credit Disbursement (which notification may be by telephone). The Borrowers hereby jointly and severally agree to reimburse the Issuer for the amount of each Letter of Credit Disbursement, by making payment of the amount of such Letter of Credit Disbursement to the Agent for the account of the Issuer in accordance with Section 2.11(c) hereof, not later than the first Business Day next following the date on which the Issuer notifies Genesis of such Letter of Credit Disbursement (such first Business Day being referred to herein as the "Reimbursement Obligation Due Date"). Such obligation of the Borrowers to make reimbursement of any such Letter of Credit Disbursement is herein referred to as a "Reimbursement Obligation." The Borrowers hereby jointly and severally agree to pay to the Agent, for the account of the Issuer, on demand, interest on the amount of any Reimbursement Obligation for each day from and including the date of the corresponding Letter of Credit Disbursement until the amount of such Reimbursement Obligation is paid in full (before and after judgment), in accordance with Section 2.11(d) hereof, at the rate per annum set forth in Section 2.11(d) hereof. Notwithstanding the foregoing, at the option of the Agent, if at any Reimbursement Obligation Due Date, there shall be any Commitment available to make Loans hereunder, and if the Agent at that time shall not have been advised in writing by any party hereto that an Event of Default or Potential Default has occurred, the Agent, by notice to the parties hereto, may require each Lender to make Loans bearing interest (unless otherwise requested by the Borrowers pursuant to the terms of this Agreement) at the Prime Rate Option, the proceeds of which shall be used to repay such Reimbursement Obligations.
