Common use of Reimbursement by the Borrower Clause in Contracts

Reimbursement by the Borrower. (i) If any amount is drawn under any Letter of Credit, the Borrower irrevocably and unconditionally agrees to reimburse the relevant LC Issuing Bank for such amount, together with any and all reasonable charges and expenses which such LC Issuing Bank may pay or incur relative to such drawing. Such reimbursement shall be due and payable on the relevant LC Payment Date or the date on which such LC Issuing Bank notifies the Borrower of such drawing, whichever is later; provided that, if such notice is given after 11:00 A.M. (Kansas City time) on the later of such dates, such reimbursement shall be due and payable on the next following Domestic Business Day (the date on which it is due and payable being an "LC REIMBURSEMENT DUE DATE"). (ii) In addition, the Borrower agrees to pay, on the applicable LC Reimbursement Due Date, interest on each amount drawn under a Letter of Credit, for each day from and including the date such amount is drawn to but excluding such LC Reimbursement Due Date, at the Base Rate for such day. The Borrower also agrees to pay, on demand, interest on any overdue amount (including any overdue interest) payable under this Section 2.15(h), for each day from and including the day such amount becomes due to but excluding the day such amount is paid in full, at a rate per annum equal to the sum of the Applicable Margin plus the Base Rate for such day. (iii) Each payment by the Borrower pursuant to this Section 2.15(h) shall be made to the relevant LC Issuing Bank in Federal or other funds immediately available to it at its address specified in or pursuant to Section 9.01.

Reimbursement by the Borrower. (i) If any amount is drawn under any an Apollo Letter of Credit, each of the Borrower Company and UKHC, as applicable, irrevocably and unconditionally agrees to reimburse the relevant Apollo LC Issuing Bank Issuer for such amount, together with any and all reasonable charges and expenses which such Apollo LC Issuing Bank Issuer may pay or incur relative to such drawingpayment. Such reimbursement shall be due and payable on the relevant Apollo LC Payment Date or the date on which such Apollo LC Issuing Bank Issuer notifies the Borrower Company or UKHC, as applicable, of such drawingpayment, whichever is later; provided that, if such notice is given after 11:00 A.M. 12:00 Noon (Kansas New York City time) on the later of such dates, such reimbursement shall be due and payable on the next following Domestic Euro-Dollar Business Day (the date on which it is due and payable being an "APOLLO LC REIMBURSEMENT DUE DATE"). (ii) In addition, each of the Borrower Company and UKHC, as applicable, agrees to pay, on the applicable Apollo LC Reimbursement Due Date, interest on each amount drawn paid under a an Apollo Letter of Credit, for each day from and including the date such amount is drawn to but excluding such Apollo LC Reimbursement Due Date, at the Base Rate for rate which would be applicable to a one-month Loan made in Sterling borrowed on such day. The Borrower Each of the Company and UKHC, as applicable, also agrees to pay, on demand, interest on any overdue amount (including any overdue interest) payable under this Section 2.15(h), for each day from and including the day such amount becomes due to but excluding the day such amount is paid in full, at a rate per annum equal to the sum of the Applicable Margin 2% plus the Base Rate for rate which would be applicable to a one-month Loan made in Sterling borrowed on such day. (iii) Each payment by the Borrower pursuant to this Section 2.15(h) shall be made to the relevant Apollo LC Issuing Bank Issuer in Federal or other Sterling (in such funds immediately available to it as may then be customary for the settlement of international transactions in Sterling) at its address specified in or pursuant to Section 9.0111.01.

Reimbursement by the Borrower. (i) If any amount is drawn under any Letter of Credit, the Borrower irrevocably and unconditionally agrees to reimburse the relevant LC Issuing Bank for such amount, together with any and all reasonable charges and expenses which such LC Issuing Bank may pay or incur relative to such drawing. Such reimbursement shall be due and payable on the relevant LC Payment Date or the date on which such LC Issuing Bank notifies the Borrower of such drawing, whichever is later; provided PROVIDED that, if such notice is given after 11:00 A.M. 12:00 noon (Kansas New York City time) on the later of such dates, such reimbursement shall be due and payable on the next following Domestic Business Day (the date on which it is due and payable being an "LC REIMBURSEMENT DUE DATE"). (ii) In addition, the Borrower agrees to pay, on the applicable LC Reimbursement Due Date, interest on each amount drawn under a Letter of Credit, for each day from and including the date such amount is drawn to but excluding such LC Reimbursement Due Date, at the Base Rate for such day. The Borrower also agrees to pay, on demand, interest on any overdue amount (including any overdue interest) payable under this Section 2.15(hsubsection (h), for each day from and including the day such amount becomes due to but excluding the day such amount is paid in full, at a rate per annum equal to the sum of the Applicable Margin plus 2% PLUS the Base Rate for such day. (iii) Each payment by the Borrower pursuant to this Section 2.15(hsubsection (h) shall be made to the relevant LC Issuing Bank in Federal or other funds immediately available to it at its address specified in or pursuant to Section 9.0110.01.

Reimbursement by the Borrower. (iA) If any amount is drawn under any Letter of Credit, the Borrower irrevocably and unconditionally agrees to reimburse the relevant LC Issuing Bank for such amount, together with any and all reasonable charges and expenses which such LC Issuing Bank may pay or incur relative to such drawing. Such reimbursement shall be due and payable on the relevant LC Payment Date or the date on which such LC Issuing Bank notifies the Borrower of such drawing, whichever is later; provided that, if such notice is given after 11:00 10:00 A.M. (Kansas New York City time) on the later of such dates, such reimbursement shall be due and payable on the next following Domestic Business Day (the date on which it is due and payable being an "“LC REIMBURSEMENT DUE DATE"Reimbursement Due Date”). (iiB) In addition, the Borrower agrees to pay, on the applicable LC Reimbursement Due Date, interest on each amount drawn under a Letter of Credit, for each day from and including the date such amount is drawn to but excluding such LC Reimbursement Due Date, at the Base Rate for such day. The Borrower also agrees to pay, on demand, interest on any overdue amount (including any overdue interest) payable under this Section 2.15(hsubsection (j), for each day from and including the day date when such amount becomes due to but excluding the day date such amount is paid in full, at a rate per annum equal to the sum of the Applicable Margin 2% plus the Base Rate for such day. (iiiC) Each payment by the Borrower pursuant to this Section 2.15(hsubsection (j) shall be made to the relevant LC Issuing Bank in Federal or other funds immediately available to it at its address specified referred to in or pursuant to Section 9.01.