Common use of Grantor's Reimbursement Obligation Clause in Contracts

Grantor's Reimbursement Obligation. The expenses of the Collateral Agent reasonably incurred in connection with actions undertaken as provided in this Section 8, together with interest thereon at a rate per annum equal to the default rate of interest set forth in Section 2.12 of the Credit Agreement, from the date payment is demanded by the Collateral Agent to the date reimbursed by a Grantor, shall be payable by Finance to the Collateral Agent on demand.

Grantor's Reimbursement Obligation. The expenses of the Collateral Agent reasonably incurred in connection with actions undertaken as provided in this Section 86(d), together with interest thereon at a rate per annum equal to the default rate of interest set forth in Section 2.12 of the Credit Agreement, from the date payment is demanded by the Collateral Agent to the date reimbursed by a Grantor, shall be payable by Finance the applicable Borrower to the Collateral Agent on demand.

Grantor's Reimbursement Obligation. The expenses of the Collateral Agent reasonably incurred in connection with actions undertaken as provided in this Section 8Section, together with interest thereon at a rate per annum equal to the default rate of per annum at which interest set forth in Section 2.12 of would then be payable on past due ABR Loans under the Credit Agreement, from the date of payment is demanded by the Collateral Agent to the date reimbursed by a any Grantor, shall be payable by Finance the Grantors to the Collateral Agent on demand.

Grantor's Reimbursement Obligation. The expenses of the Collateral Agent reasonably incurred in connection with actions undertaken as provided in this Section 87, together with interest thereon at a the rate per annum equal to the default rate of interest set forth in Section 2.12 3.1 of the Credit Agreement, Agreement for Base Rate Loans from the date of payment is demanded by the Collateral Agent to the date reimbursed by a Grantorthe Grantors, shall be payable by Finance the Grantors to the Collateral Agent on demand.