Common use of Nature of Participation and Reimbursement Obligations Clause in Contracts

Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to participate in Letters of Credit and make the Revolving Credit Loans, as contemplated by Section 2.9.3 [Participations in Letters of Credit; Disbursements, Reimbursement], as a result of a drawing under a Letter of Credit, and the Obligations of the Borrower to reimburse the 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 2.9.6 under all circumstances, including the following circumstances:

Nature of Participation and Reimbursement Obligations. Each Bank's The obligation in accordance with this Agreement of the Banks to participate in Letters of Credit pursuant to Section 2.8.2 and make the obligation of the Banks pursuant to Section 2.8.4(ii) to fund Revolving Credit Loans, as contemplated by Section 2.9.3 [Participations in Letters of Credit; Disbursements, Reimbursement], as Loans upon a result of a drawing draw under a Letter of Credit, Credit and the Obligations of the Borrower to reimburse the Issuing Bank Agent upon a draw under a Letter of Credit, Credit pursuant to Section 2.8.4(i) shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9.6 such sections under all circumstances, including the following circumstances:

Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to participate in Letters of Credit and make the Revolving Credit LoansLoans or Participation Advances, as contemplated by Section 2.9.3 2.10.3 [Participations in Letters of Credit; Disbursements, Reimbursement], as a result of a drawing under a Letter of Credit, and the Obligations of the Borrower to reimburse the 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 2.9.6 2.8 [Use of Proceeds] under all circumstances, including the following circumstances:

Nature of Participation and Reimbursement Obligations. Each Bank's ’s obligation in accordance with this Agreement to participate in Letters of Credit and make the Revolving Credit LoansLoans or Participation Advances, as contemplated by Section 2.9.3 [Participations in Letters of Credit; Disbursements, Reimbursement], as a result of a drawing under a Letter of Credit, and the Obligations of the Borrower to reimburse the Administrative Agent on behalf of an 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 2.9.6 2.9.7 under all circumstances, including the following circumstances:

Nature of Participation and Reimbursement Obligations. Each Bank's obligation in accordance with this Agreement to participate in Letters of Credit and make the Revolving Credit LoansLoans or Participation Advances, as contemplated by Section 2.9.3 2.8.3 [Participations in Letters of Credit; Disbursements, Reimbursement], as a result of a drawing under a Letter of Credit, and the Obligations of the Borrower to reimburse the 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 2.9.6 2.7 [Use of Proceeds] under all circumstances, including the following circumstances:

Nature of Participation and Reimbursement Obligations. Each Bank's Lender’s obligation in accordance with this Agreement to participate in Letters of Credit and make the Revolving Credit LoansLoans or Participation Advances, as contemplated by Section 2.9.3 [Participations in Letters of Credit; Disbursements, Reimbursement], as a result of a drawing under a Letter of Credit (including the Existing Letters of Credit), and the Obligations of the Borrower to reimburse the Issuing Bank Lender upon a draw under a Letter of Credit (including the Existing Letters of Credit), shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9.6 2.9 under all circumstances, including the following circumstances:

Nature of Participation and Reimbursement Obligations. Each Bank's The obligation in accordance with this Agreement of the Banks to participate in Letters of Credit pursuant to Section 2.10.2 and make the obligation of the banks pursuant to section 2.10.4 to fund Revolving Credit Loans, as contemplated by Section 2.9.3 [Participations in Letters of Credit; Disbursements, Reimbursement], as Loans upon a result of a drawing draw under a Letter of Credit, Credit or to acquire participations in Letters of Credit and the Obligations of the Borrower to reimburse the Issuing Bank Agent upon a draw under a any Letter of Credit, Credit pursuant to section 2.10 shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.9.6 such sections under all circumstances, including the following circumstances: