Common use of Payment of Reimbursement Obligations Clause in Contracts

Payment of Reimbursement Obligations. (a) The Borrower agrees to pay to each Issuing Bank the amount of all Reimbursement Obligations, interest and other amounts payable to such Issuing Bank under or in connection with any Facility Letter of Credit when due in accordance with SECTION 2A.5(A) above, irrespective of any claim, set-off, defense or other right which the Borrower may have at any time against any

Appears in 1 contract

Samples: Credit Agreement (Developers Diversified Realty Corp)

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Payment of Reimbursement Obligations. (ai) The Unless paid with a Loan advance hereunder, each Borrower agrees unconditionally agrees, on a joint and several basis, to pay to each Issuing Bank Bank, in Dollars, the amount of all Reimbursement Obligations, interest and other amounts payable to such Issuing Bank under or in connection with any Facility Letter the Letters of Credit when due in accordance with SECTION 2A.5(A) above, irrespective of any claim, set-off, defense or other right which the Borrower may have at any time against anywhen

Appears in 1 contract

Samples: Revolving Credit Agreement (Lexington Corporate Properties Inc)

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Payment of Reimbursement Obligations. (a) The Borrower agrees to pay to each Issuing Bank the amount of all Reimbursement Obligations, interest and other amounts payable to such Issuing Bank under or in connection with any Facility Letter of Credit when due in accordance with SECTION 2A.5(A3.5(a) above, irrespective of any claim, set-off, defense or other right which the Borrower may have at any time against anyany Issuing Bank or any other Person, under all circumstances, including without limitation any of the following circumstances:

Appears in 1 contract

Samples: Revolving Credit Agreement (Duke Weeks Realty Limited Partnership)

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