Letter of Credit Obligations Absolute. Borrower's obligations to make payments to the Bank in order to reimburse payments by the Bank on Letters of Credit as provided above shall be absolute and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement and each Letter of Credit Agreement, under any and all circumstances whatsoever, and irrespective of:
Appears in 1 contract
Samples: Credit Agreement (Dataram Corp)
Letter of Credit Obligations Absolute. Borrower's obligations to make payments to the Bank in order to reimburse payments by the Bank on Letters of Credit as provided in Subsection 2.7(B) above shall be absolute absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement and each the Letter of Credit AgreementAgreement(s), under any and all circumstances whatsoever, and irrespective of:
Appears in 1 contract
Samples: Loan and Security Agreement (Leading Edge Packaging Inc)
Letter of Credit Obligations Absolute. The Borrower's obligations to make payments to the Bank in order to reimburse payments by the Bank on Letters of Credit as provided in Subsection 2.5(B) above shall be absolute absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement and each the Letter of Credit AgreementAgreement(s), under any and all circumstances whatsoever, and irrespective of:
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Emcore Corp)
Letter of Credit Obligations Absolute. Unless otherwise required by the order of a court of competent jurisdiction, Borrower's obligations to make payments to the Bank in order to reimburse payments by the Bank on Letters of Credit as provided in Subsection 2.7(B) above shall be absolute absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement and each the Letter of Credit AgreementAgreement(s), under any and all circumstances whatsoever, and irrespective of:
Appears in 1 contract
Samples: Loan and Security Agreement (Alphanet Solutions Inc)