Post-CAM Exchange Date LC Drawings. In the event that on or after the CAM Exchange Date, the aggregate amount of the Designated Obligations shall change as a result of the making of a disbursement under a Letter of Credit by a LC Issuer that is not reimbursed by a Borrower, then each Lender shall promptly reimburse LC Issuer for its CAM Percentage of such unreimbursed payment.
Appears in 5 contracts
Samples: Loan Agreement (Guess Inc), Loan Agreement (Guess Inc), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)
Post-CAM Exchange Date LC Drawings. In the event that on or after the CAM Exchange Date, the aggregate amount of the Designated Obligations shall change as a result of the making of a disbursement under a Letter of Credit by a LC Issuer an Issuing Bank that is not reimbursed by a U.S. Borrowers or the Canadian Borrower, as applicable, then each Lender shall promptly reimburse LC Issuer each applicable Issuing Bank for its CAM Percentage of such unreimbursed payment.
Appears in 3 contracts
Samples: Credit Agreement (Nexeo Solutions Holdings, LLC), Credit Agreement (Nexeo Solutions Holdings, LLC), Credit Agreement (Nexeo Solutions Finance Corp)
Post-CAM Exchange Date LC Drawings. In the event that on or after the CAM Exchange Date, the aggregate amount of the Designated Obligations shall change as a result of the making of a disbursement under a U.S. Letter of Credit or Canadian Letter of Credit by a LC Issuer an Issuing Bank that is not reimbursed by a U.S. Borrowers or the Canadian Borrower, as applicable, then each Lender shall promptly reimburse LC Issuer each Applicable Issuing Bank for its CAM Percentage of such unreimbursed payment.
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Post-CAM Exchange Date LC Drawings. In the event that on or after the CAM Exchange Date, the aggregate amount of the Designated Obligations shall change as a result of the making of a disbursement under a Letter of Credit by a an LC Issuer that is not reimbursed by a U.S. Borrowers or Canadian Borrower, as applicable, then each Lender shall promptly reimburse LC Issuer for its CAM Percentage of such unreimbursed payment.
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