Common use of Payment to Issuer Clause in Contracts

Payment to Issuer. Notwithstanding any provisions to the contrary in any Reimbursement Agreement, the Borrower agrees to reimburse BankBoston for any drawings (whether partial or full) under each Letter of Credit issued by BankBoston and agrees to pay to BankBoston the amount of all other Reimbursement Obligations and other amounts payable to BankBoston under or in connection with such Letter of Credit immediately when due, irrespective of any claim, set-off, defense or other right which the Borrower may have at any time against BankBoston or any other Person.

Payment to Issuer. Notwithstanding any provisions to the contrary in any Reimbursement Agreement, the Borrower agrees Borrowers agree, jointly and severally, to reimburse BankBoston for any drawings (whether partial or full) under each Letter of Credit issued by BankBoston and agrees agree to pay to BankBoston the amount of all other Reimbursement Obligations and other amounts payable to BankBoston under or in connection with such Letter of Credit immediately when due, irrespective of any claim, set-off, defense or other right which the any Borrower may have at any time against BankBoston or any other Person.

Payment to Issuer. Notwithstanding any provisions to the contrary in any Reimbursement Agreement, the Borrower agrees Borrowers agree to reimburse BankBoston for any drawings (whether partial or full) under each Letter of Credit issued by BankBoston and agrees to pay to BankBoston the amount of all other Reimbursement Obligations and other amounts payable to BankBoston under or in connection with such Letter of Credit immediately when due, irrespective of any claim, set-off, defense or other right which the Borrower Borrowers may have at any time against BankBoston or any other Person.