Letter of Credit Obligations Absolute. With regard to each Letter of Credit, the obligations of Borrower to the Bank under this Loan Agreement, any Letter of Credit Document and any other agreement or instrument relating to any Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Loan Agreement, such Letter of Credit Document and such other agreement or instrument under all circumstances, including without limitation the following circumstances:
Appears in 2 contracts
Samples: Revolving Credit Loan and Security Agreement (Deer Valley Corp), Loan and Security Agreement (Deer Valley Corp)
Letter of Credit Obligations Absolute. With regard to each Letter of Credit, the The obligations of Borrower to the Bank under this Loan Agreement, any Letter of Credit Document and any other agreement or instrument relating to any Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Loan Agreement, such Letter of Credit Document and such other agreement or instrument under all circumstances, including without limitation the following circumstances:
Appears in 2 contracts
Samples: Loan Agreement (Faro Technologies Inc), Loan Agreement (Faro Technologies Inc)
Letter of Credit Obligations Absolute. With regard to each Letter -------------------------------------- of Credit, the obligations of Borrower to the Bank under this Loan Agreement, any Letter of Credit Document and any other agreement or instrument relating to any Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Loan Agreement, such Letter of Credit Document and such other agreement or instrument under all circumstances, including without limitation the following circumstances:
Appears in 1 contract
Samples: Revolving Credit Loan and Security Agreement (Cytation Corp)
