Common use of Letters of Credit Issued for Restricted Subsidiaries Clause in Contracts

Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder for the account of the Borrower is in support of any obligations of, or otherwise will benefit, any other Restricted Subsidiary of Holdings, the Borrower shall be obligated to reimburse the L/C Issuer hereunder for any and all drawings under such Letter of Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the benefit of any Restricted Subsidiary of Holdings inures to the benefit of the Borrower, and that the Borrower's businesses derive substantial benefits from the businesses of such Restricted Subsidiaries.

Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder for the account of the Borrower is in support of any obligations of, or otherwise will benefitis for the account of, a Restricted Subsidiary, the Company or any other Restricted Subsidiary of HoldingsBorrower, the each Borrower shall be obligated to reimburse the L/C Letter of Credit Issuer hereunder for any and all drawings under such Letter of Credit. The Each Borrower hereby acknowledges that the issuance of Letters of Credit for the benefit account of Restricted Subsidiaries, the Company or any Restricted Subsidiary of Holdings other Borrower inures to the benefit of the such Borrower, and that the such Borrower's businesses derive ’s business derives substantial benefits from the businesses of such Restricted Subsidiaries., the Company or other Borrower. 2.04

Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder for the account of the Borrower is in support of any obligations of, or otherwise will benefitis for the account of, any other Holdings or a Restricted Subsidiary of HoldingsSubsidiary, the Borrower shall be obligated to reimburse the L/C Letter of Credit Issuer hereunder for any and all drawings under such Letter of Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the benefit of any Restricted Subsidiary account of Holdings or Restricted Subsidiaries inures to the benefit of the BorrowerBorrower if it acted as a co-applicant, and that the Borrower's businesses derive ’s business derives substantial benefits from the businesses of such Holdings and all Restricted Subsidiaries.. 124

Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder for the account of the Borrower is in support of any obligations of, or otherwise will benefitis for the account of, any other Holdings or a Restricted Subsidiary of HoldingsSubsidiary, the Borrower shall be obligated to reimburse the L/C Letter of Credit Issuer hereunder for any and all drawings under such Letter of Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the benefit of any Restricted Subsidiary account of Holdings or Restricted Subsidiaries inures to the benefit of the BorrowerBorrower if it acted as a co-applicant, and that the Borrower's businesses derive ’s business derives substantial benefits from the businesses of such Holdings and all Restricted Subsidiaries.. 128

Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder for the account of the Borrower is in support of any obligations of, or otherwise will benefitis for the account of, a Restricted Subsidiary, the Company or any other Restricted Subsidiary of HoldingsBorrower, the each Borrower shall be obligated to reimburse the L/C Letter of Credit Issuer hereunder for any and all drawings under such Letter of Credit. The Each Borrower hereby acknowledges that the issuance of Letters of Credit for the benefit account of Restricted Subsidiaries, the Company or any Restricted Subsidiary of Holdings other Borrower inures to the benefit of the such Borrower, and that the such Borrower's businesses derive ’s business derives substantial benefits from the businesses of such Restricted Subsidiaries, the Company or other Borrower.

Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder for the account of the Borrower is in support of any obligations of, or otherwise will benefitis for the account of, any other a Loan Party (or on behalf of a Restricted Subsidiary of HoldingsSubsidiary), the Borrower Borrowers shall be obligated to reimburse the L/C Issuer hereunder for any and all drawings under such Letter of Credit. The Each Borrower hereby acknowledges that the issuance of Letters of Credit for the benefit account of any the Loan Parties (or on behalf of Restricted Subsidiary of Holdings Subsidiaries) inures to the benefit of the such Borrower, and that the such Borrower's businesses derive ’s business derives substantial benefits from the businesses of such Restricted Subsidiaries.. 2.04