Common use of Payment of Amounts Drawn Under Letters of Credit; Obligation of Reimbursement Clause in Contracts

Payment of Amounts Drawn Under Letters of Credit; Obligation of Reimbursement. The Borrower shall reimburse the Bank for all draws under any Letter of Credit in accordance with the applicable L/C Application as follows:

Appears in 2 contracts

Samples: Loan Agreement (Titan Machinery Inc.), Loan Agreement (Titan Machinery Inc.)

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Payment of Amounts Drawn Under Letters of Credit; Obligation of Reimbursement. The Borrower Borrowers shall reimburse the Bank Lender for all draws under any Letter of Credit in accordance with the applicable L/C Application and as follows:

Appears in 1 contract

Samples: Credit and Security Agreement (Sportsmans Guide Inc)

Payment of Amounts Drawn Under Letters of Credit; Obligation of Reimbursement. The Borrower shall civil reimburse the Bank for all draws under any Letter of Credit in accordance with the applicable L/C Application as follows:

Appears in 1 contract

Samples: Loan Agreement (Titan Machinery Inc.)

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Payment of Amounts Drawn Under Letters of Credit; Obligation of Reimbursement. The Borrower shall reimburse the Bank Lender for all draws under any Letter of Credit in accordance with the applicable L/C Application and as follows:

Appears in 1 contract

Samples: Credit and Security Agreement (Sportsmans Guide Inc)

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