Drawing and Reimbursement. The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.
Appears in 23 contracts
Samples: Credit Agreement (Kansas City Southern), Intercreditor Agreement (Express Parent LLC), Loan Credit Agreement (Express Parent LLC)
Drawing and Reimbursement. (i) The payment by the any Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draftLoan.
Appears in 8 contracts
Samples: Credit Agreement (Marriott International Inc /Md/), Credit Agreement (Marriott International Inc /Md/), Credit Agreement (Marriott International Inc /Md/)
Drawing and Reimbursement. The payment by the any Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.
Appears in 6 contracts
Samples: Credit Agreement (Lumos Networks Corp.), Credit Agreement (Lumos Networks Corp.), Credit Agreement (NCO Teleservices, Inc.)
Drawing and Reimbursement. The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of L/C Credit AdvanceExtension, which shall be a Base Rate Advance, in the amount of such draft.
Appears in 5 contracts
Samples: Credit Agreement (Cracker Barrel Old Country Store, Inc), Credit Agreement (Cracker Barrel Old Country Store, Inc), Credit Agreement (CBRL Group Inc)
Drawing and Reimbursement. The payment by the any Issuing Bank of a draft drawn under any Letter of Credit (other than with respect to Special Letters of Credit on and after the latest Termination Date for the Revolving Credit Facility) shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft. The Issuing Bank shall promptly notify the Administrative Agent of any such payment.
Appears in 4 contracts
Samples: Credit Agreement (Alliance Resource Partners Lp), Security Agreement (Alliance Holdings GP, L.P.), Security Agreement (Alliance Resource Partners Lp)
Drawing and Reimbursement. The payment by the any Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft. The Issuing Bank shall promptly notify the Paying Agent of any such payment.
Appears in 4 contracts
Samples: Credit Agreement (Alliance Resource Partners Lp), Credit Agreement (Alliance Holdings GP, L.P.), Credit Agreement (Alliance Resource Partners Lp)
Drawing and Reimbursement. The payment by the Revolving Issuing Bank of a draft drawn under any Revolving Letter of Credit shall constitute for all purposes of this Agreement the making by the Revolving Issuing Bank of a Letter of Credit AdvanceLoan, which shall be a Base Rate AdvanceOption Loan, in the Dollar Equivalent of the amount of such draft.
Appears in 3 contracts
Samples: Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)
Drawing and Reimbursement. The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate AdvanceAdvance denominated in U.S. dollars, in the amount Dollar Amount of such draft.
Appears in 3 contracts
Samples: Credit Agreement (Esterline Technologies Corp), Credit Agreement (Esterline Technologies Corp), Credit Agreement (Esterline Technologies Corp)
Drawing and Reimbursement. The payment by the any Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the case of a Letter of Credit Advance made by a US Revolving Issuing Bank or a Canadian Advance, in the case of a Letter of Credit Advance made by a Canadian Issuing Bank, in each case in the amount of such draft.
Appears in 2 contracts
Samples: Credit Agreement (Laidlaw International Inc), Credit Agreement (Laidlaw International Inc)
Drawing and Reimbursement. (i) The payment by the Appropriate Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.shall
Appears in 2 contracts
Samples: Credit Agreement (Agco Corp /De), Credit Agreement (Agco Corp /De)
Drawing and Reimbursement. (i) The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit AdvanceLoan, which shall be a loan bearing interest at the Base Rate AdvanceRate, in the amount of such draft.
Appears in 2 contracts
Samples: Credit Agreement (New Marriott Mi Inc), Credit Agreement (Marriott International Inc /Md/)
Drawing and Reimbursement. (i) The payment by the any Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.
Appears in 2 contracts
Samples: Credit Agreement (Td Ameritrade Holding Corp), Credit Agreement (Td Ameritrade Holding Corp)
Drawing and Reimbursement. The payment by the an Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.by
Appears in 1 contract
Samples: Credit Agreement (Interpublic Group of Companies, Inc.)
Drawing and Reimbursement. (i) The payment by the Revolving Issuing Bank of a draft drawn under any Revolving Letter of Credit shall constitute for all purposes of this Agreement the making by the Revolving Issuing Bank of a Revolving Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.
Appears in 1 contract
Drawing and Reimbursement. The payment by the any Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate AdvanceAdvance and reimbursed in accordance with Section 2.04(c), in the amount of such draft.
Appears in 1 contract
Samples: First Lien Credit Agreement (Landrys Restaurants Inc)
Drawing and Reimbursement. (i) The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draftLoan.
Appears in 1 contract
Drawing and Reimbursement. The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Revolving Credit Advance, which shall be a bear interest at the Base Rate Advance, in the amount of such draft.Basis,
Appears in 1 contract
Samples: Security Agreement (Pillowtex Corp)
Drawing and Reimbursement. The payment by the any Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.. Upon written demand by any Issuing Bank with an outstanding Letter of Credit Advance, with a copy of such demand to the Administrative Agent, each Revolving Credit Lender shall purchase from
Appears in 1 contract
Drawing and Reimbursement. The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.. In the event of any drawing under a Letter of Credit, the Agent shall promptly notify each Revolving Credit Lender and each Revolving Credit Lender shall purchase
Appears in 1 contract
Drawing and Reimbursement. The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit AdvanceLoan, which shall be a Base Rate Advance, in the amount of such draft.
Appears in 1 contract
Drawing and Reimbursement. The payment by the Revolving Issuing Bank of a draft drawn under any Revolving Letter of Credit shall constitute for all purposes of this Agreement the making by the Revolving Issuing Bank of a Letter of Credit AdvanceLoan, which shall be a Base Rate AdvanceOption Loan, in the amount of such draft.
Appears in 1 contract
Drawing and Reimbursement. The payment by the Issuing Bank of a ------------------------- draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.such
Appears in 1 contract
Drawing and Reimbursement. (i) The payment by the any Issuing Bank Lender of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank Lender of an Advance (each being a "Letter of Credit Advance"), which initially shall be a Base Rate Advance, in the amount of such draft.Advance (subject to
Appears in 1 contract
Drawing and Reimbursement. The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.. Amended and Restated KCSR Credit Agreement
Appears in 1 contract
Drawing and Reimbursement. The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Loan Agreement the making by the Issuing Bank of a Letter of Credit Advanceloan, which shall be deemed a Base Rate Advance, revolving credit advance in the amount of such draft.
Appears in 1 contract
Drawing and Reimbursement. The payment by the Issuing Bank Lender of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank Lender of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.
Appears in 1 contract
Samples: Loan Agreement (Adams Respiratory Therapeutics, Inc.)
Drawing and Reimbursement. The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit Advance, which shall be (i) a Base Rate Advance, Advance in the amount of such draftdraft in the case of a Letter of Credit denominated in Dollars and (ii) a Eurocurrency Advance with an Interest Period of one month in the amount of such draft in the case of a Letter of Credit denominated in Euros, Pounds Sterling or, if applicable, any other currency.
Appears in 1 contract
Samples: Credit Agreement (Hexacomb CORP)
Drawing and Reimbursement. The payment by the any Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.Rate
Appears in 1 contract
Samples: Credit Agreement (Amf Group Inc)
Drawing and Reimbursement. (i) The payment by the any Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft.Loan. FIFTH AMENDED AND RESTATED CREDIT AGREEMENT
Appears in 1 contract
Drawing and Reimbursement. The payment by the any Issuing Bank of a draft drawn under any Letter of Credit (other than with respect to Special Letters of Credit on and after the Termination Date for the Revolving Credit Facility) shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit Advance, which shall be a Base Rate Advance, in the amount of such draft. The Issuing Bank shall promptly notify the Administrative Agent of any such payment.
Appears in 1 contract
Drawing and Reimbursement. The payment by the an Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the such Issuing Bank of a Letter of Credit AdvanceLoan, which shall be a Base Rate Advance or Canadian Prime Rate Advance, as applicable, in the amount of such draft.
Appears in 1 contract
Samples: Credit Agreement (Movie Gallery Inc)
Drawing and Reimbursement. The payment by the Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes of this Agreement the making by the Issuing Bank of a Letter of Credit AdvanceLoan, which shall be a Base Rate AdvanceOption Loan, in the amount of such draft.
Appears in 1 contract
Samples: Credit Agreement (Gci Inc)
