Reimbursement by the Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under Section 9.5.1 or 9.5.2 to be paid by it to the Administrative Agent (or any sub-agent thereof), the Issuing Bank, the Swingline Lender or any Related Party of any of the foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the Issuing Bank, the Swingline Lender or such Related Party, as the case may be, such Lender’s Applicable Percentage of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Applicable Percentage; provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), against the Issuing Bank or the Swingline Lender in their respective capacities as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) or the Issuing Bank or the Swingline Lender in connection with such capacity. The obligations of the Lenders under this Section 9.5.3 are subject to the provisions of Section 9.4.
Appears in 3 contracts
Samples: Credit Agreement (Sei Investments Co), Credit Agreement (Sei Investments Co), Credit Agreement (Sei Investments Co)
Reimbursement by the Lenders. To the extent that the Holdings or any Borrower for any reason fails to indefeasibly pay any amount required under Section 9.5.1 10.2A or 9.5.2 10.2B to be paid by it to the Administrative any Agent (or any sub-agent Agent thereof), the any Issuing Bank, the Swingline Lender Bank or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative Agent (or any such sub-agentAgent), the any Issuing Bank, the Swingline Lender Bank or such Related Party, as the case may be, such Lender’s Applicable Percentage Pro Rata Share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender)amount; provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Applicable Percentage; provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative such Agent (or any such sub-agent), against the Agent) or such Issuing Bank or the Swingline Lender in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative such Agent (or any such sub-agentAgent) or the such Issuing Bank or the Swingline Lender in connection with such capacity; provided further that to the extent any Issuing Bank is entitled to indemnification under Section 10.2A or 10.2B, the indemnification provided for in this Section 10.2C will be the obligation solely of the Revolving Loan Lenders. The obligations of the Lenders under this Section 9.5.3 10.2C are subject to the provisions of Section 9.410.12.
Appears in 2 contracts
Samples: Credit Agreement (Taylor Morrison Home Corp), Credit Agreement (Taylor Morrison Home Corp)
Reimbursement by the Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under Section 9.5.1 9.05(a) or 9.5.2 Section 9.05(b) to be paid by it to the Administrative Agent or Collateral Agent (or any sub-agent thereof), the Issuing Bank, the Swingline Lender ) or any Related Party of any of the foregoingforegoing (including the performance of the Collateral Agent’s obligations under the Account Control Agreements and any other control agreement, including any amounts payable by the Collateral Agent to a bank or securities intermediary under an Account Control Agreement or any other control agreements for fees, expenses or indemnification of the bank or securities intermediary), each Lender severally agrees to pay to the Administrative Agent or Collateral Agent (or any such sub-agent), the Issuing Bank, the Swingline Lender ) or such Related Party, as the case may be, such Xxxxxx’s pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s Applicable Percentage share of the Total Credit Exposure at such time) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Applicable Percentage; provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent or Collateral Agent (or any such sub-agent), against the Issuing Bank or the Swingline Lender ) in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent or Collateral Agent (or any such sub-agent) or the Issuing Bank or the Swingline Lender in connection with such capacity). The obligations of the Lenders under this Section 9.5.3 9.05(c) are subject to the provisions of Section 9.4several and not joint.
Appears in 2 contracts
Samples: Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.)
Reimbursement by the Lenders. To the extent that the Borrower Loan Parties for any reason fails fail to indefeasibly pay any amount required under subsection (a) or (b) of this Section 9.5.1 or 9.5.2 to be paid by it the Loan Parties to the Administrative Agent (or any sub-agent thereof), the Issuing BankL/C Issuers, the Swingline Swing Line Lender or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the Issuing Bank, the Swingline Lender L/C Issuers or such Related Party, as the case may be, such Lender’s pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s Applicable Percentage Percentage) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Lenders’ Applicable Percentage; Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount, provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), against the Issuing Bank any L/C Issuer or the Swingline Swing Line Lender in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) ), any L/C Issuer or the Issuing Bank or the Swingline Swing Line Lender in connection with such capacity. The obligations of the Lenders under this Section 9.5.3 subsection (c) are subject to the provisions of Section 9.42.12(d).
Appears in 2 contracts
Samples: Credit Agreement (STAG Industrial, Inc.), Credit Agreement (STAG Industrial, Inc.)
Reimbursement by the Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under subsection (a) or (b) of this Section 9.5.1 or 9.5.2 to be paid by it to the Administrative either Agent (or any sub-agent thereof), the Issuing BankL/C Issuer, the Swingline Swing Line Lender or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative such Agent (or any such sub-agent), the Issuing BankL/C Issuer, the Swingline Swing Line Lender or such Related Party, as the case may be, such Lender’s Applicable Percentage of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Lenders’ Applicable PercentagePercentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought); provided further provided, that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative either Agent (or any such sub-agent), against the Issuing Bank L/C Issuer or the Swingline Swing Line Lender in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative such Agent (or any such sub-agent) ), the L/C Issuer or the Issuing Bank or the Swingline Swing Line Lender in connection with such capacity. The obligations of the Lenders under this Section 9.5.3 subsection (c) are subject to the provisions of Section 9.42.13(d).
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Waste Connections, Inc.), Revolving Credit and Term Loan Agreement (Waste Connections, Inc.)
Reimbursement by the Lenders. To the extent that the Borrower Borrowers for any reason fails fail to indefeasibly pay any amount required under subsection (a) or (b) of this Section 9.5.1 or 9.5.2 to be paid by it to the Administrative Agent (or any sub-agent thereof), the Issuing BankL/C Issuer, the Swingline Swing Line Lender or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the Issuing BankL/C Issuer, the Swingline Swing Line Lender or such Related Party, as the case may be, such pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s Applicable Percentage share of the Total Credit Exposure at such time) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Lenders’ Applicable PercentagePercentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought); provided further provided, that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), against the Issuing Bank L/C Issuer or the Swingline Swing Line Lender in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) ), the L/C Issuer or the Issuing Bank or the Swingline Swing Line Lender in connection with such capacity. The obligations of the Lenders under this Section 9.5.3 subsection (c) are subject to the provisions of Section 9.42.12(d).
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Waste Connections, Inc.), Credit Agreement (Waste Connections, Inc.)
Reimbursement by the Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under subsection (a) or (b) of this Section 9.5.1 or 9.5.2 11.04 to be paid by it to the Administrative either Agent (or any sub-agent thereof), the Issuing BankL/C Issuer, the Swingline Swing Line Lender or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative such Agent (or any such sub-agent), the Issuing BankL/C Issuer, the Swingline Swing Line Lender or such Related Party, as the case may be, such Lender’s Applicable Percentage of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Lenders’ Applicable PercentagePercentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought); provided further provided, that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative either Agent (or any such sub-agent), against the Issuing Bank L/C Issuer or the Swingline Swing Line Lender in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative such Agent (or any such sub-agent) ), the L/C Issuer or the Issuing Bank or the Swingline Swing Line Lender in connection with such capacity. The obligations of the Lenders under this Section 9.5.3 subsection (c) are subject to the provisions of Section 9.42.13(d).
Appears in 2 contracts
Samples: Revolving Credit Agreement (Waste Connections, Inc.), Revolving Credit and Term Loan Agreement (Waste Connections, Inc.)
Reimbursement by the Lenders. To the extent that the Borrower Loan Parties for any reason fails fail to indefeasibly pay any amount required under subsection (a) or (b) of this Section 9.5.1 or 9.5.2 to 8884322.11 be paid by it to the Administrative Agent (or any sub-agent thereof), the Issuing BankL/C Issuer, the Swingline Swing Line Lender or any Related Party of any of the foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the Issuing BankL/C Issuer, the Swingline Swing Line Lender or such Related Party, as the case may be, such Lender’s Applicable Percentage pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s share of the Total Credit Exposure at such time) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Lenders’ Applicable Percentage; provided Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought), provided, further that that, the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), against the Issuing Bank L/C Issuer or the Swingline Swing Line Lender in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) ), the L/C Issuer or the Issuing Bank or the Swingline Swing Line Lender in connection with such capacity. The obligations of the Lenders under this Section 9.5.3 subsection (c) are subject to the provisions of Section 9.42.12(d).
Appears in 1 contract
Reimbursement by the Lenders. To the extent that the Borrower for any reason Company fails to indefeasibly pay any amount required under Section 9.5.1 subsection 10.2A or 9.5.2 10.2B to be paid by it to the Administrative any Agent (or any sub-agent Agent thereof), the Issuing Bank, the Swingline Lender Bank or any Related Party of any of the foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agentAgent), the Issuing Bank, the Swingline Lender Bank or such Related Party, as the case may be, such Lender’s Applicable Percentage Pro Rata Share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender)amount; provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Applicable Percentage; provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative such Agent (or any such sub-agent), against Agent) or the Issuing Bank or the Swingline Lender in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative such Agent (or any such sub-agentAgent) or the Issuing Bank or the Swingline Lender in connection with such capacity. The obligations of the Lenders under this Section 9.5.3 subsection 10.1C are subject to the provisions of Section 9.4subsection 10.12.
Appears in 1 contract
Samples: Credit Agreement (Transportation Technologies Industries Inc)
Reimbursement by the Lenders. To the extent that the Borrower Credit Parties for any reason fails fail to indefeasibly pay any amount required under subsection (a) or (b) of this Section 9.5.1 or 9.5.2 to be paid by it to the Administrative either Agent (or any sub-agent thereof), the Issuing BankL/C Issuer, the Swingline Swing Line Lender or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative such Agent (or any such sub-agent), the Issuing BankL/C Issuer, the Swingline Swing Line Lender or such Related Party, as the case may be, such Lender’s Applicable Percentage of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Lenders’ Applicable PercentagePercentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought); provided further provided, that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative either Agent (or any such sub-agent), against the Issuing Bank L/C Issuer or the Swingline Swing Line Lender in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative such Agent (or any such sub-agent) ), the L/C Issuer or the Issuing Bank or the Swingline Swing Line Lender in connection with such capacity. The obligations of the Lenders under this Section 9.5.3 subsection (c) are subject to the provisions of Section 9.42.13(d).
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Waste Connections, Inc.)
Reimbursement by the Lenders. To the extent that the Borrower Loan Parties for any reason fails fail to indefeasibly pay any amount required under subsection (a) or (b) of this Section 9.5.1 or 9.5.2 to be paid by it the Loan Parties to the Administrative Agent (or any sub-agent thereof), the Issuing BankL/C Issuers, the Swingline Swing Line Lender or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the Issuing Bank, the Swingline Lender L/C Issuers or such Related Party, as the case may be, such Lender’s pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s Applicable Percentage Percentage) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Lenders’ Applicable Percentage; Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount, provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), against the Issuing Bank any L/C Issuer or the Swingline Swing Line Lender in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) ), any L/C Issuer or the Issuing Bank or the Swingline Swing Line Lender in connection with such capacity. The obligations of the Lenders under this Section 9.5.3 subsection (cd) are subject to the provisions of Section 9.42.12(d).
Appears in 1 contract
Reimbursement by the Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under Section 9.5.1 9.05(a) or 9.5.2 Section 9.05(b) to be paid by it to the Administrative Agent or Collateral Agent (or any sub-agent thereof), the Issuing Bank, the Swingline Lender ) or any Related Party of any of the foregoingforegoing (including, without limitation the performance of the Collateral Agent’s obligations under the Account Control Agreements and any other control agreement, including any amounts payable by the Collateral Agent to a bank under an Account Control Agreement or any other control agreements for fees, expenses or indemnification of the bank), each Lender severally agrees to pay to the Administrative Agent or Collateral Agent (or any such sub-agent), the Issuing Bank, the Swingline Lender ) or such Related Party, as the case may be, such Lender’s Applicable Percentage pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s share of the Total Credit Exposure at such time) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Applicable Percentage; provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent or Collateral Agent (or any such sub-agent), against the Issuing Bank or the Swingline Lender ) in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent or Collateral Agent (or any such sub-agent) or the Issuing Bank or the Swingline Lender in connection with such capacity). The obligations of the Lenders under this Section 9.5.3 9.05(c) are subject to the provisions of Section 9.4several and not joint.
Appears in 1 contract
Reimbursement by the Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under Section 9.5.1 9.05(a) or 9.5.2 Section 9.05(b) to be paid by it to the Administrative Agent or Collateral Agent (or any sub-agent thereof), the Issuing Bank, the Swingline Lender ) or any Related Party of any of the foregoingforegoing (including the performance of the Collateral Agent’s obligations under the Account Control Agreements and any other control agreement, including any amounts payable by the Collateral Agent to a bank or securities intermediary under an Account Control Agreement or any other control agreements for fees, expenses or indemnification of the bank or securities intermediary), each Lender severally agrees to pay to the Administrative Agent or Collateral Agent (or any such sub-agent), the Issuing Bank, the Swingline Lender ) or such Related Party, as the case may be, such Xxxxxx’s pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s Applicable Percentage share of the Total Credit Exposure at such time) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Applicable Percentage; provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent or 4894-9978-4110 v.2 Collateral Agent (or any such sub-agent), against the Issuing Bank or the Swingline Lender ) in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent or Collateral Agent (or any such sub-agent) or the Issuing Bank or the Swingline Lender in connection with such capacity). The obligations of the Lenders under this Section 9.5.3 9.05(c) are subject to the provisions of Section 9.4several and not joint.
Appears in 1 contract
Reimbursement by the Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under subsection (a) or (b) of this Section 9.5.1 or 9.5.2 11.04 to be paid by it to the Administrative Agent (or any sub-agent thereof), the Issuing Bank, the Swingline Lender ) or any Related Party of any of the foregoingAgent (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the Issuing Bank, the Swingline Lender ) or such Related Party, as the case may be, such Lender’s Applicable Percentage of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Applicable PercentagePercentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought); provided further provided, that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), against the Issuing Bank or the Swingline Lender in their respective capacities as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) or against any Related Party of the Issuing Bank Agent acting for the Agent (or the Swingline Lender in any such sub-agent) connection with such capacity. The obligations of the Lenders under this Section 9.5.3 subsection (c) are subject to the provisions of Section 9.42.13(d).
Appears in 1 contract
Reimbursement by the Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under Section 9.5.1 9.05(a) or 9.5.2 Section 9.05(b) to be paid by it to the Administrative Agent or Collateral Agent (or any sub-agent thereof), the Issuing Bank, the Swingline Lender ) or any Related Party of any of the foregoingforegoing (including, without limitation the performance of the Collateral Agent’s obligations under the Account Control Agreements and any other control agreement, including any amounts payable by the Collateral Agent to a bank under an Account Control Agreement or any other control agreements for fees, expenses or indemnification of the bank), each Lender severally agrees to pay to the Administrative Agent or Collateral Agent (or any such sub-agent), the Issuing Bank, the Swingline Lender ) or such Related Party, as the case may be, such Xxxxxx’s pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s Applicable Percentage share of the Total Credit Exposure at such time) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Applicable Percentage; provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent or Collateral Agent (or any such sub-agent), against the Issuing Bank or the Swingline Lender ) in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent or Collateral Agent (or any such sub-agent) or the Issuing Bank or the Swingline Lender in connection with such capacity). The obligations of the Lenders under this Section 9.5.3 9.05(c) are subject to the provisions of Section 9.4several and not joint.
Appears in 1 contract
Reimbursement by the Lenders. To the extent that the Borrower Loan Parties for any reason fails fail to indefeasibly pay any amount required under subsection (a) or (b) of this Section 9.5.1 or 9.5.2 to be paid by it the Loan Parties to the Administrative Agent (or any sub-agent thereof), the Issuing BankL/C Issuers, the Swingline Swing Line Lender or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the Issuing Bank, the Swingline Lender L/C Issuers or such Related Party, as the case may be, such Lender’s pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s Applicable Percentage Percentage) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that, with respect to such unpaid amounts owed to the Issuing Bank or the Swingline Lender solely in their respective capacities as such, only the Lenders holding outstanding Loans shall be required to pay such unpaid amounts, such payment to be made severally among them based on each such Lender’s Lenders’ Applicable Percentage; Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount, provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), against the Issuing Bank any L/C Issuer or the Swingline Swing Line Lender in their respective capacities its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) ), any L/C Issuer or the Issuing Bank or the Swingline Swing Line Lender in connection with such capacity. The obligations of the Lenders under this Section 9.5.3 subsection (d) are subject to the provisions of Section 9.42.12(d).
Appears in 1 contract