Nature of Reimbursement Obligations. Each Borrower shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer nor any Lender shall be responsible for:
Appears in 4 contracts
Samples: Credit Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Dollar Thrifty Automotive Group Inc)
Nature of Reimbursement Obligations. Each The Borrower and each other Obligor shall assume all risks of the acts, omissions, omissions or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer Lender nor any Lender other issuer of the Letter of Credit (except to the extent of its own gross negligence or willful misconduct) shall be responsible for:
Appears in 3 contracts
Samples: Borrower Copyright Security Agreement (Surebeam Corp), Borrower Copyright Security Agreement (Titan Corp), Borrower Copyright Security Agreement (Surebeam Corp)
Nature of Reimbursement Obligations. Each Borrower shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither Except to the extent of its own gross negligence or wilful misconduct, the Issuer nor any Lender shall not be responsible for:
Appears in 3 contracts
Samples: Revolving Credit Agreement (Halter Marine Group Inc), Revolving Credit Agreement (Halter Marine Group Inc), Revolving Credit Agreement (Halter Marine Group Inc)
Nature of Reimbursement Obligations. Each The Borrower shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer nor any Lender (except to the extent of its own gross negligence or wilful misconduct) shall be responsible for:
Appears in 3 contracts
Samples: Credit Agreement (Bargo Energy Co), Credit Agreement (Budget Group Inc), Credit Agreement (Budget Group Inc)
Nature of Reimbursement Obligations. Each Borrower shall assume all risks of the acts, omissions, omissions or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer Banks nor any Lender the Issuing Bank (except to the extent of its own gross negligence or willful misconduct) shall be responsible for:
Appears in 3 contracts
Samples: Credit Agreement (Three Five Systems Inc), Credit Agreement (Three Five Systems Inc), Credit Agreement (Hypercom Corp)
Nature of Reimbursement Obligations. Each Borrower shall assume all risks of the acts, omissions, omissions or misuse of any Letter of Credit requested by it issued for the account of such Borrower by the beneficiary thereof. Neither None of the Administrative Agent, any Issuer nor or any Lender (except to the extent of its own gross negligence or willful misconduct) shall be responsible for:
Appears in 2 contracts
Samples: Assignment and Assumption Agreement (Triton International LTD), Credit Agreement (Triton International LTD)
Nature of Reimbursement Obligations. Each The Borrower shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither any Issuer (except to the Issuer extent of its own gross negligence or willful misconduct) nor any Revolving Lender shall be responsible for:
Appears in 2 contracts
Samples: Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp)
Nature of Reimbursement Obligations. Each The Borrower shall assume all risks of of, and each Lender's Obligations under this Section 2.7 shall not be affected by, the acts, omissions, omissions or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the applicable Issuer nor any Lender shall be responsible for:
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Key Components Finance Corp), Credit and Guaranty Agreement (Key Components Finance Corp)
Nature of Reimbursement Obligations. Each Borrower shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer (except to the extent of its own gross negligence or willful misconduct), Agent nor any Lender shall be responsible for:
Appears in 2 contracts
Samples: Revolving Credit Agreement (Firstcity Financial Corp), Revolving Credit Agreement (Firstcity Financial Corp)
Nature of Reimbursement Obligations. Each Borrower Borrowers shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer (except to the extent of its own gross negligence or willful misconduct), Agent nor any Lender shall be responsible for:
Appears in 2 contracts
Samples: Reducing Note Facility Agreement (Firstcity Financial Corp), Reducing Note Facility Agreement (Firstcity Financial Corp)
Nature of Reimbursement Obligations. Each Borrower The Borrowers shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer nor any Lender (except to the extent of its own gross negligence or wilful misconduct) shall be responsible for:
Appears in 2 contracts
Samples: Credit Agreement (Simpson Industries Inc), Credit Agreement (Simpson Industries Inc)
Nature of Reimbursement Obligations. Each The Borrower shall assume all risks of the acts, omissions, omissions or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither The Issuer (except to the Issuer nor any Lender extent of its own gross negligence or willful misconduct) shall not be responsible for:
Appears in 2 contracts
Samples: Credit Agreement (Genlyte Group Inc), Credit Agreement (Genlyte Group Inc)
Nature of Reimbursement Obligations. Each The Borrower shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither any Issuer (except to the Issuer extent of its own gross negligence or willful misconduct) nor any Lender shall be responsible for:
Appears in 1 contract
Samples: Credit Agreement (Calpine Corp)
Nature of Reimbursement Obligations. Each The Borrower shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer nor any Lender shall be responsible for:(except to the extent of its own gross negligence or
Appears in 1 contract
Samples: Credit Agreement (Calpine Corp)
Nature of Reimbursement Obligations. Each The Borrower shall ----------------------------------- assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither None of the Issuer nor Issuer, the Agent or any Lender (except to the extent of its own gross negligence or willful misconduct) shall be responsible for:
Appears in 1 contract
Nature of Reimbursement Obligations. Each The Borrower shall assume all risks of the acts, omissions, omissions or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer nor any Lender Bank (except to the extent of its own gross negligence or willful misconduct) shall be responsible for:
Appears in 1 contract
Samples: Credit Agreement (Softech Inc)
Nature of Reimbursement Obligations. Each The Borrower shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer nor any RL Lender shall be responsible for:
Appears in 1 contract
Samples: Credit Agreement (Dollar Thrifty Automotive Group Inc)
Nature of Reimbursement Obligations. Each The Borrower shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither the Issuer (except to the extent of its own gross negligence or willful misconduct), the Agent nor any Lender Bank shall be responsible for:
Appears in 1 contract
Samples: Loan Agreement (Xanser Corp)
Nature of Reimbursement Obligations. Each The Borrower shall assume all risks of the acts, omissions, or misuse of any Letter of Credit requested by it by the beneficiary thereof. Neither None of the Issuer nor Issuers, the Agent or any Lender (except to the extent of its own gross negligence or willful misconduct) shall be responsible for:
Appears in 1 contract
