Common use of Maturity of Drawings; Interest Thereon Clause in Contracts

Maturity of Drawings; Interest Thereon. (A) Drawings under any Letter of Credit shall, notwithstanding anything to the contrary contained therein, mature and become due and payable, and shall be repaid to the Agent for the account of the applicable Issuing Bank by the Borrowers in full, together with interest accrued thereon, from the date and at the rate specified in SECTION 3.5(B), on the Effective Date of the L/C Notice of Drawing in respect of such drawing.

Maturity of Drawings; Interest Thereon. (Aa) Drawings under any Letter of Credit shall, notwithstanding anything to the contrary contained thereintherein or in the related L/C Application, mature and become due and payable, and shall be repaid to the Agent for the account of the applicable Issuing Bank by the Borrowers in full, together with interest accrued thereon, from the date and at the rate specified in SECTION 3.5(B), on the Effective Date of the L/C Notice of Drawing in respect of such drawing.

Maturity of Drawings; Interest Thereon. (Aa) Drawings under any Letter of Credit shall, notwithstanding anything to the contrary contained therein, mature and become due and payable, and shall be repaid to the Agent for the account of the applicable Issuing Bank by the Borrowers in full, together with interest accrued thereon, from the date and at the rate specified in SECTION 3.5(B3.5(b), on the Effective Date of the L/C Notice of Drawing in respect of such drawing.

Maturity of Drawings; Interest Thereon. (Aa) Drawings under any Letter of Credit shall, notwithstanding anything to the contrary contained thereintherein or in the related L/C Application, mature and become due and payable, and shall be repaid to the appropriate Agent for the account of the applicable Issuing Bank by the Borrowers in full, together with interest accrued thereon, from the date and at the rate specified in SECTION 3.5(B3.5(b), on the Effective Date of the L/C Notice of Drawing in respect of such drawing.