Common use of Obligation to Repay Letter of Credit Disbursements, etc Clause in Contracts

Obligation to Repay Letter of Credit Disbursements, etc. The Borrower assumes all risks in connection with the Letters of Credit and the Borrower's obligation to repay each disbursement under a Letter of Credit shall be absolute, unconditional and irrevocable under any and all circumstances and irrespective of:

Appears in 3 contracts

Samples: Loan Agreement (Gray Communications Systems Inc /Ga/), Loan Agreement (Gray Communications Systems Inc /Ga/), Loan Agreement (Entercom Communications Corp)

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Obligation to Repay Letter of Credit Disbursements, etc. The Borrower assumes all risks in connection with the Letters of Credit Credit, and the Borrower's obligation to repay each disbursement under a Letter of Credit shall be absolute, unconditional and irrevocable under any and all circumstances and irrespective of:

Appears in 2 contracts

Samples: Loan Agreement (Crown Castle International Corp), Credit Agreement (Entercom Communications Corp)

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Obligation to Repay Letter of Credit Disbursements, etc. The Borrower assumes ------------------------------------------------------- Borrowers assume all risks in connection with the Letters of Credit and the Borrower's Borrowers' obligation to repay each disbursement under a Letter of Credit shall be absolute, unconditional and irrevocable under any and all circumstances and irrespective of:

Appears in 1 contract

Samples: Loan Agreement (Crown Castle International Corp)

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