Common use of Reimbursement by Beacon Clause in Contracts

Reimbursement by Beacon. If at any time, and from time to time, Bank shall have made a demand on Trustee for payment under the Limited Guaranty or Trustee shall have otherwise made any payment to Bank on account of Borrower's obligations under the Loan Documents, then Beacon shall, on demand by Trustee, reimburse Trustee within ten (10) days for all amounts Trustee has paid to Bank. No forbearance or failure by Trustee to demand reimbursement from Beacon on any occasion or with respect to any payment shall be deemed a waiver of the right to seek reimbursement of any other or subsequent payment on one or more other occasions.

Reimbursement by Beacon. If at any time, and from time to time, Bank shall have made a demand on Trustee for payment under the Limited Guaranty or the Trustee shall have otherwise made any payment to Bank on account of Borrower's obligations under the Loan DocumentsAgreement, then Beacon shall, on demand by the Trustee, reimburse Trustee within ten (10) days for all amounts Trustee has paid to BankBank within ten (10) days. No forbearance or failure by Trustee to demand reimbursement from Beacon on any occasion or with respect to any payment shall be deemed a waiver of the right to seek reimbursement of any other or subsequent payment on one or more other occasions.

Reimbursement by Beacon. If at any time, and from time to time, Bank shall have made a demand on Trustee for payment under the Limited Guaranty or Trustee shall have otherwise made any payment to Bank on account of Borrower's obligations under the Loan DocumentsLease Agreement, then Beacon shall, on demand by Trustee, reimburse Trustee within ten (10) days for all amounts Trustee has paid to Bank. No forbearance or failure by Trustee to demand reimbursement from Beacon on any occasion or with respect to any payment shall be deemed a waiver of the right to seek reimbursement of any other or subsequent payment on one or more other occasions.