Payment of Reimbursement Obligations. Each of the Borrowers unconditionally 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 Letter of Credit Issued by such Issuing Bank when such amounts are due and payable, irrespective of any claim, setoff, defense or other right which such Borrower may have at any time against such Issuing Bank or any other Person.
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Samples: Credit Agreement (Donna Karan International Inc), Credit Agreement (Donna Karan International Inc), Credit Agreement (Donna Karan International Inc)
Payment of Reimbursement Obligations. Each of the Borrowers The Borrower unconditionally agrees 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 Letter the Letters of Credit Issued by such Issuing Bank when such amounts are due and payable, irrespective of any claim, setoff, defense or other right which such the Borrower may have at any time against such any Issuing Bank or any other Person.
Appears in 2 contracts
Samples: Credit Agreement (Simon Property Group L P /De/), Credit Agreement (Simon Debartolo Group Inc)
Payment of Reimbursement Obligations. Each of The Borrower or the Borrowers applicable Qualified Borrower unconditionally agrees 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 Letter the Letters of Credit Issued by such Issuing Bank when such amounts are due and payable, irrespective of any claim, setoff, defense or other right which such the Borrower may have at any time against such any Issuing Bank or any other Person.
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Samples: Revolving Credit and Term Loan Agreement (Washington Prime Group, L.P.)
Payment of Reimbursement Obligations. Each of The Borrower or the Borrowers applicable Qualified Borrower unconditionally agrees to pay to each Issuing Bank Bank, in Dollars or Alternative Currency, as applicable, the amount of all Reimbursement Obligations, interest and other amounts payable to such Issuing Bank under or in connection with any the Letters of Credit and/or Alternative Currency Letter of Credit Issued by such Issuing Bank when such amounts are due and payable, irrespective of any claim, setoff, defense or other right which such the Borrower may have at any time against such any Issuing Bank or any other Person.
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