Common use of Fronted LC Provisions Clause in Contracts

Fronted LC Provisions. (1) Each Fronting Lender will exercise and give the same care and attention to each Fronted LC issued by it hereunder as it gives to its other letters of credit and similar obligations, and such Fronting Lender’s, sole liability to each relevant Lender shall be to promptly return to the Agent for the account of the relevant Lenders, each such Lender’s respective Rateable Portions of any payments made to such Fronting Lender, by the applicable Borrower hereunder (other than the fees and amounts payable to such Fronting Lender for its own account) if such Borrower has made a payment to such Fronting Lender hereunder. Each Lender agrees that, in paying any drawing under a Fronted LC, the applicable Fronting Lender shall not have any responsibility to obtain any document (other than as expressly required by such Fronted LC) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of any Person delivering any such document. None of the applicable Fronting Lender or any of their representatives, officers, employees or agents shall be liable to any Lender for:

Fronted LC Provisions. (1) Each The Fronting Lender will exercise and give the same care and attention to each Fronted LC issued by it hereunder as it gives to its other letters of credit and similar obligations, and such the Fronting Lender’s, ’s sole liability to each relevant Lender shall be to promptly return to the Agent for the account of the relevant Lenders, each such Lender’s respective Rateable Portions Portion of any payments made to such the Fronting Lender, Lender by the applicable Borrower hereunder (other than the fees and amounts payable to such the Fronting Lender for its own account) if such the Borrower has made a payment to such the Fronting Lender hereunder. Each Lender agrees that, in paying any drawing under a Fronted LC, the applicable Fronting Lender shall not have any responsibility to obtain any document (other than as expressly required by such Fronted LC) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of any Person person delivering any such document. None of Neither the applicable Fronting Lender or nor any of their its representatives, officers, employees or agents shall be liable to any Lender for:

Fronted LC Provisions. (1) Each With respect to Fronted LCs, the Fronting Lender will exercise and give the same care and attention to each Fronted LC issued by it hereunder as it gives to its other letters of credit and similar obligations, and such the Fronting Lender’s, ’s sole liability to each relevant applicable Lender shall be to promptly return to the Agent for the account of the relevant applicable Lenders, each such Lender’s respective Rateable Portions Portion of any payments made to such the Fronting Lender, Lender by the applicable Borrower hereunder (other than the fees and amounts payable to such the Fronting Lender for its own account) if such the Borrower has made a payment to such the Fronting Lender hereunder. Each applicable Lender agrees that, in paying any drawing under a Fronted LC, the applicable Fronting Lender shall not have any responsibility to obtain any document (other than as expressly required by such Fronted LC) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of any Person person delivering any such document. None of Neither the applicable Fronting Lender or nor any of their its representatives, officers, employees or agents shall be liable to any Lender for:

Fronted LC Provisions. (1) Each With respect to Fronted LCs, the Fronting Lender will exercise and give the same care and attention to each Fronted LC issued by it hereunder as it gives to its other letters of credit and similar obligations, and such the Fronting Lender’s, 's sole liability to each relevant applicable Lender shall be to promptly return to the Agent for the account of the relevant applicable Lenders, each such Lender’s respective 's Rateable Portions Portion of any payments made to such the Fronting Lender, Lender by the applicable Borrower hereunder (other than the fees and amounts payable to such the Fronting Lender for its own account) if such the Borrower has made a payment to such the Fronting Lender hereunder. Each applicable Lender agrees that, in paying any drawing under a Fronted LC, the applicable Fronting Lender shall not have any responsibility to obtain any document (other than as expressly required by such Fronted LC) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of any Person person delivering any such document. None of Neither the applicable Fronting Lender or nor any of their its representatives, officers, employees or agents shall be liable to any Lender for:

Fronted LC Provisions. (1) Each The Fronting Lender will exercise and give the same care and attention to each Fronted LC issued by it hereunder as it gives to its other letters of credit and similar obligations, and such the Fronting Lender’s, 's sole liability to each relevant Lender shall be to promptly return to the Agent for the account of the relevant Lenders, each such Lender’s respective Xxxxxx's Rateable Portions Portion of any payments made to such the Fronting Lender, Lender by the applicable Borrower hereunder (other than the fees and amounts payable to such the Fronting Lender for its own account) if such the Borrower has made a payment to such the Fronting Lender hereunder. Each Lender agrees that, in paying any drawing under a Fronted LC, the applicable Fronting Lender shall not have any responsibility to obtain any document (other than as expressly required by such Fronted LC) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of any Person person delivering any such document. None of Neither the applicable Fronting Lender or nor any of their its representatives, officers, employees or agents shall be liable to any Lender for:

Fronted LC Provisions. (1) Each The Fronting Lender will exercise and give the same care and attention to each Fronted LC issued by it hereunder as it gives to its other letters of credit and similar obligations, and such the Fronting Lender’s, 's sole liability to each relevant Lender shall be to promptly return to the Agent for the account of the relevant Lenders, each such Lender’s respective Lxxxxx's Rateable Portions Portion of any payments made to such the Fronting Lender, Lender by the applicable Borrower hereunder (other than the fees and amounts payable to such the Fronting Lender for its own account) if such the Borrower has made a payment to such the Fronting Lender hereunder. Each Lender agrees that, in paying any drawing under a Fronted LC, the applicable Fronting Lender shall not have any responsibility to obtain any document (other than as expressly required by such Fronted LC) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of any Person person delivering any such document. None of Neither the applicable Fronting Lender or nor any of their its representatives, officers, employees or agents shall be liable to any Lender for: