Common use of Nature of Reimbursement Obligations Clause in Contracts

Nature of Reimbursement Obligations. The Borrower and, to the extent set forth in Section 2.6.1, each Lender with a Revolving Loan Commitment, shall assume all risks of the acts, omissions or misuse of any Letter of Credit by the beneficiary thereof. The Issuer (except to the extent of its own gross negligence or willful misconduct) shall not be responsible for:

Appears in 5 contracts

Samples: Credit Agreement (W-H Energy Services Inc), Credit Agreement (Brand Scaffold Services Inc), Credit Agreement (Brand Scaffold Services Inc)

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Nature of Reimbursement Obligations. The Borrower and, to the extent set forth in Section SECTION 2.6.1, each Lender with a Revolving Loan Commitment, shall assume all risks of the acts, omissions or misuse of any Letter of Credit by the beneficiary thereof. The Issuer (except to the extent of its own gross negligence or willful misconduct) shall not be responsible for:

Appears in 2 contracts

Samples: Credit Agreement (Aegis Communications Group Inc), Credit Agreement (Keebler Corp)

Nature of Reimbursement Obligations. The Borrower and, to the extent set forth in Section SECTION 2.6.1, each Lender with a Revolving Loan Commitment, Commitment shall assume all risks of the acts, omissions or misuse of any Letter of Credit by the beneficiary thereof. The Issuer (except to the extent of its own gross negligence or willful wilful misconduct) shall not be responsible for:

Appears in 2 contracts

Samples: Credit Agreement (KSL Recreation Group Inc), Credit Agreement (KSL Recreation Group Inc)

Nature of Reimbursement Obligations. The Borrower and, to the extent set forth in Section 2.6.1, each Lender with a Revolving Loan Commitment, Commitment shall assume all risks of the acts, omissions or misuse of any Letter of Credit by the beneficiary thereof. The Issuer (except to the extent of its own gross negligence or willful wilful misconduct) shall not be responsible for:

Appears in 2 contracts

Samples: Credit Agreement (KSL Recreation Group Inc), Credit Agreement (Regal Cinemas Inc)

Nature of Reimbursement Obligations. The Borrower and, to the extent set forth in Section 2.6.1, each Lender with a Revolving Loan Commitment, shall assume all risks of the acts, omissions omissions, or misuse of any Letter of Credit by the beneficiary thereof. The Neither the Issuer nor any Lender (except to the extent of its own gross negligence or willful wilful misconduct) shall not be responsible for:

Appears in 2 contracts

Samples: Credit Agreement (Budget Group Inc), Credit Agreement (Budget Group Inc)

Nature of Reimbursement Obligations. The Borrower and, to the extent set forth in Section 2.6.1, each Lender with a Revolving Loan Commitment, shall assume all risks of the acts, omissions omissions, or misuse of any Letter of Credit by the beneficiary thereof. The Neither the Issuer (except to the extent of its own gross negligence or willful misconduct) shall not be responsible for:or

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

Nature of Reimbursement Obligations. The Borrower and, to the extent set forth in Section 2.6.1, each Lender with a Revolving Loan Commitment, shall assume all risks of the acts, omissions or misuse of any Letter of Credit by the beneficiary thereof. The Issuer (except to the extent of its own gross negligence or willful misconduct) shall not be responsible for:The

Appears in 1 contract

Samples: Credit Agreement (Decisionone Corp /De)

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Nature of Reimbursement Obligations. The Borrower and, to ----------------------------------- the extent set forth in Section 2.6.1, each Lender with a Revolving Loan Commitment, shall assume all risks of the ------------- acts, omissions or misuse of any Letter of Credit by the beneficiary thereof. The Issuer (except to the extent of its own gross negligence or willful wilful misconduct) shall not be responsible for:

Appears in 1 contract

Samples: Credit Agreement (Tci Satellite Entertainment Inc)

Nature of Reimbursement Obligations. The Borrower Each Borrower, each other Obligor and, to the extent set forth in Section 2.6.1, each Lender with a Revolving Loan Commitment, Lender shall assume all risks of the acts, omissions or misuse of any Letter of Credit by the beneficiary thereof. The Issuer (except to the extent of its own gross negligence or willful wilful misconduct) shall not be responsible for:

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Corp /Va/)

Nature of Reimbursement Obligations. The Borrower and, to ----------------------------------- the extent set forth in Section 2.6.1, each Lender with a Revolving Loan ------------- Commitment, shall assume all risks of the acts, omissions or misuse of any Letter of Credit by the beneficiary thereof. The No Issuer (except to the extent of its own gross negligence or willful misconduct) shall not be responsible for:

Appears in 1 contract

Samples: Credit Agreement (Advanstar Inc)

Nature of Reimbursement Obligations. The Borrower Borrowers and, to the extent set forth in Section 2.6.1, each Lender with a Revolving Loan Commitment, shall assume all risks of the acts, omissions or misuse of any Letter of Credit by the beneficiary thereof. The Issuer (except to the extent of its own gross negligence or willful misconduct) shall not be responsible for:

Appears in 1 contract

Samples: Credit Agreement (Triarc Companies Inc)

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