Common use of Purchase of Participations Clause in Contracts

Purchase of Participations. Immediately upon issuance by BankBoston of a Letter of Credit, each Revolving Credit Lender shall be deemed to have irrevocably and unconditionally purchased and received without recourse or warranty, an undivided interest and participation in such Letter of Credit, equal to such Lender's Revolving Credit Facility Percentage of the face amount thereof (including, without limitation, all obligations of the Borrowers with respect thereto other than amounts owing to BankBoston under SECTION 5.2(D)), and any security therefor or guaranty pertaining thereto).

Purchase of Participations. Immediately upon issuance by BankBoston of a Letter of Credit, each Revolving Credit Lender shall be deemed to have irrevocably and unconditionally purchased and received without recourse or warranty, an undivided interest and participation in such Letter of Credit, equal to such Lender's Revolving Credit Facility Commitment Percentage of the face amount thereof (including, without limitation, all obligations of the Borrowers Borrower with respect thereto thereto, other than amounts owing to BankBoston under SECTION 5.2(D)5.5(B), and any security therefor or guaranty pertaining thereto).

Purchase of Participations. Immediately upon issuance by BankBoston of a Letter of Credit, each Revolving Credit Lender shall be deemed to have irrevocably and unconditionally purchased and received without recourse or warranty, an undivided interest and participation in such Letter of Credit, equal to such Lender's Revolving Credit Facility Percentage Proportionate Share of the face amount thereof (including, without limitation, all obligations of the Borrowers with respect thereto (other than amounts owing to BankBoston under SECTION 5.2(D)), and any security therefor or guaranty pertaining thereto).

Purchase of Participations. Immediately upon issuance by BankBoston of a Letter of Credit, each Revolving Credit Lender shall be deemed to have irrevocably and unconditionally purchased and received without recourse or warranty, an undivided interest and participation in such Letter of Credit, equal to such Lender's Revolving Credit Facility Commitment Percentage of the face amount thereof (including, without limitation, all obligations of the Borrowers Borrower with respect thereto thereto, other than amounts owing to BankBoston under SECTION 5.2(D)4.5(B), and any security therefor or guaranty pertaining thereto).