Common use of Limitations on Reimbursement Clause in Contracts

Limitations on Reimbursement. (a) The Borrower shall not be required to pay to any Bank reimbursement with regard to any costs or expenses under Section 2.15 or Article 8 incurred more than 90 days prior to the date of the relevant Bank’s demand therefore; provided that if the event giving rise to such claim is retroactive, then the 90-day period referred to above shall be extended to include the period of retroactive effect.

Appears in 3 contracts

Samples: Term Loan Agreement, Term Loan Agreement (Alliance Data Systems Corp), Term Loan Agreement (Alliance Data Systems Corp)

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Limitations on Reimbursement. (a) The Borrower shall not be required to pay to any Bank reimbursement with regard to any costs or expenses under Section 2.15 2.15, 2A.6 or Article 8 incurred more than 90 ninety (90) days prior to the date of the relevant Bank’s demand thereforetherefor; provided that if the event giving rise to such claim is retroactive, then the 90-day period referred to above shall be extended to include the period of retroactive effect.

Appears in 2 contracts

Samples: Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp)

Limitations on Reimbursement. (a) The Borrower shall not be required to pay to any Bank reimbursement with regard to any costs or expenses under Section 2.15 2A.6 or Article 8 incurred more than 90 ninety (90) days prior to the date of the relevant Bank’s demand thereforetherefor; provided that if the event giving rise to such claim is retroactive, then the 90-day 90‑day period referred to above shall be extended to include the period of retroactive effect.

Appears in 2 contracts

Samples: Credit Agreement (Bread Financial Holdings, Inc.), Credit Agreement (Bread Financial Holdings, Inc.)

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Limitations on Reimbursement. (a) The Borrower shall not be required to pay to any Bank reimbursement with regard to any costs or expenses under Section 2.15 2.15, 2A.6 or Article 8 incurred more than 90 ninety (90) days prior to the date of the relevant Bank’s 's demand thereforetherefor; provided that if the event giving rise to such claim is retroactive, then the 90-day 90‑day period referred to above shall be extended to include the period of retroactive effect.

Appears in 1 contract

Samples: Credit Agreement (Alliance Data Systems Corp)

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