Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Loans or Participation Advances, as contemplated by Section 2.9.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 under all circumstances, including the following circumstances:
Appears in 3 contracts
Samples: Revolving Credit Agreement (Tb Woods Corp), Credit Agreement (Primesource Corp), Credit Agreement (Primesource Corp)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 under all circumstances, including the following circumstances:
Appears in 3 contracts
Samples: Credit Agreement (Churchill Downs Inc), Credit Agreement (Res Care Inc /Ky/), Guaranty and Suretyship Agreement (Option Care Inc/De)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.11.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.11 under all circumstances, including the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Loans or Participation Advances, as contemplated by Section 2.9.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 under all circumstances, including the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (Rent Way Inc), Credit Agreement (Rainbow Rentals Inc)
Nature of Participation and Reimbursement Obligations. Each Bank's ’s obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.10.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent each Issuing Bank upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.10 under all circumstances, including the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (KI Holdings Inc.), Credit Agreement (Koppers Inc)
Nature of Participation and Reimbursement Obligations. Each Bank's ’s obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.8.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers each Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.8 under all circumstances, including the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (Vulcan Asphalt Refining Corp), Credit Agreement (Independent Gasoline & Oil Co of Rochester)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Loans or Participation Advances, as contemplated by Section 2.9.3Subsection 2.9(b), as a result of a drawing under a Letter of Credit, and the Obligations obligations of the Borrowers Borrower to reimburse the Agent Issuing Bank upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 under all circumstances, including the following circumstances:
Appears in 2 contracts
Samples: Loan Agreement (Atlas Pipeline Partners Lp), Loan Agreement (Resource America Inc)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.10.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.10 under all circumstances, including the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (Lone Star Technologies Inc), Credit Agreement (Covance Inc)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.3, as a result of a drawing under a Letter of Credit, and the Obligations Obligation of the Borrowers Borrower to reimburse the Agent Issuing Bank upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 under all circumstances, including the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (Champion Enterprises Inc), Credit Agreement (Champion Enterprises Inc)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.10.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Administrative Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.10 under all circumstances, including the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (KPMG Consulting Inc), Credit Agreement (KPMG Consulting Inc)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.10.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent Issuing Bank upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.10.7 under all circumstances, including the following circumstances:
Appears in 1 contract
Samples: Credit Agreement (Blair Corp)
Nature of Participation and Reimbursement Obligations. Each Bank's ’s obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.3, as a 37 result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 under all circumstances, including the following circumstances:
Appears in 1 contract
Nature of Participation and Reimbursement Obligations. Each Bank's ’s obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.8.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers to reimburse the Administrative Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.8 under all circumstances, including the following circumstances:
Appears in 1 contract
Nature of Participation and Reimbursement Obligations. Each Bank's ’s obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.9.7 under all circumstances, including the following circumstances:
Appears in 1 contract
Nature of Participation and Reimbursement Obligations. Each Bank's ’s obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.9.3 [Disbursement, Reimbursement], as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 under all circumstances, including the following circumstances:
Appears in 1 contract
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.6.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent Issuing Bank upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.6 under all circumstances, including the following circumstances:
Appears in 1 contract
Samples: Credit Agreement (Roundys Inc)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.10.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent each Issuing Bank upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.10 under all circumstances, including the following circumstances:
Appears in 1 contract
Samples: Credit Agreement (Koppers Inc)
Nature of Participation and Reimbursement Obligations. Each Revolving Credit Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.10.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent Issuing Bank upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.10.7 under all circumstances, including the following circumstances:
Appears in 1 contract
Samples: Credit Agreement (Arch Coal Inc)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Loans or Participation Advances, as contemplated by Section 2.9.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Administrative Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 under all circumstances, including the following circumstances:
Appears in 1 contract
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.31.10(b), as a result of a drawing under a Letter of Credit, and the Obligations obligations of the Borrowers Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 1.10 under all circumstances, including the following circumstances:
Appears in 1 contract
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.8.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers each Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.8 under all circumstances, including the following circumstances:
Appears in 1 contract
Samples: Credit Agreement (Bell Oil Corp)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.9.3 [Disbursements, Reimbursement], as a result of a drawing under a Letter of Credit, and the Obligations obligations of the Borrowers Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 [Letter of Credit Subfacility] under all circumstances, including the following circumstances:
Appears in 1 contract
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.8.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.8 under all circumstances, including the following circumstances:
Appears in 1 contract
Samples: Credit Agreement (Compudyne Corp)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Long-Term Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 under all circumstances, including the following circumstances:
Appears in 1 contract
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.11.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.11 under all circumstances, including the following circumstances:
Appears in 1 contract
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.30, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Administrative Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 0 under all circumstances, including the following circumstances:.
Appears in 1 contract
Samples: Credit Agreement (Orius Corp)
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Loans or Participation Advances, as contemplated by Section 2.9.3Subsection 2.9(b), as a result of a drawing under a Letter of Credit, and the Obligations obligations of the Borrowers to reimburse the Agent Issuing Bank upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 under all circumstances, including the following circumstances:
Appears in 1 contract
Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.10.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Agent Issuing Letter of Credit Bank upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.10 under all circumstances, including the following circumstances:
Appears in 1 contract
Samples: Credit Agreement (Big Lots Inc)
Nature of Participation and Reimbursement Obligations. Each Bank's ’s obligation in accordance with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.9.32.8.3, as a result of a drawing under a Letter of Credit, and the Obligations of the Borrowers Borrower to reimburse the Administrative Agent upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9 2.8 under all circumstances, including the following circumstances:
Appears in 1 contract
