Reimbursement Obligation of the Borrower. In order to induce the Agent to issue, extend and renew each Letter of Credit and the Banks to participate therein, the Borrower hereby agrees to reimburse or pay to the Agent, for the account of the Agent or (as the case may be) the Banks, with respect to each Letter of Credit issued, extended or renewed by the Agent hereunder,
Appears in 43 contracts
Samples: Credit Agreement, Revolving Credit Agreement (Anacomp Inc), Revolving Credit Agreement (Anacomp Inc)
Reimbursement Obligation of the Borrower. In order to induce the ---------------------------------------- Agent to issue, extend and renew each Letter of Credit and the Banks to participate therein, the Borrower hereby agrees to reimburse or pay to the Agent, for the account of the Agent or (as the case may be) the Banks, with respect to each Letter of Credit issued, extended or renewed by the Agent hereunder,
Appears in 9 contracts
Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)
Reimbursement Obligation of the Borrower. In order to induce the Agent to issue, extend and renew each Letter of Credit and the Banks to participate therein, the each Borrower hereby agrees to reimburse or pay to the Agent, for the account of the Agent or (as the case may be) the Banks, with respect to each Letter of Credit issued, extended or renewed by the Agent hereunder,
Appears in 3 contracts
Samples: Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc)
Reimbursement Obligation of the Borrower. In order to induce the Agent to issue, extend and renew each Letter of Credit and the Banks to participate therein, the Borrower Borrowers hereby agrees jointly and severally agree to reimburse or pay to the Agent, for the account of the Agent or (as the case may be) the Banks, with respect to each Letter of Credit issued, extended or renewed by the Agent hereunder,
Appears in 2 contracts
Samples: Multicurrency Revolving Credit and Term Loan Agreement (Dynatech Corp), Revolving Credit and Term Loan Agreement (Morgan Group Inc)
Reimbursement Obligation of the Borrower. In order to induce the Agent ---------------------------------------- to issue, extend and renew each Letter of Credit and the Banks to participate therein, the Borrower hereby agrees to reimburse or pay to the Agent, for the account of the Agent or (as the case may be) the Banks, with respect to each Letter of Credit issued, extended or renewed by the Agent hereunder,
Appears in 2 contracts
Samples: Revolving Credit Agreement (Fairfield Communities Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)
Reimbursement Obligation of the Borrower. In order to induce the Agent any Issuing Bank to issue, issue and extend and renew each Letter of Credit and the Banks to participate therein, the Borrower hereby agrees to reimburse or pay to the Agent, for the account of the Agent applicable Issuing Bank or (as the case may be) the Banks, with respect to each Letter of Credit issued, issued or extended or renewed by the Agent any Issuing Bank hereunder,
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Reimbursement Obligation of the Borrower. In order to induce the Agent ------------- ---------- -- --- -------- to issue, extend and renew each Letter of Credit and the Banks to participate therein, the Borrower hereby agrees to reimburse or pay to the Agent, for the account of the Agent or (as the case may be) the Banks, with respect to each Letter of Credit issued, extended or renewed by the Agent hereunder,
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Reimbursement Obligation of the Borrower. In order to induce the Agent to issue, extend and renew each Letter of Credit other than the Chase Letter of Credit, or, in the case of Chase, to maintain the Chase Letter of Credit, and the Banks to participate therein, the Borrower hereby agrees to reimburse or pay to the Agent, for the account of the Agent Agent, Chase or (as the case may be) the Banks, with respect to each Letter of Credit issued, extended or renewed by the Agent or Chase hereunder,
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Reimbursement Obligation of the Borrower. In order to induce the Agent to issue, extend and renew each Letter of Credit and the Banks to participate therein, the Borrower hereby agrees to reimburse or pay to the Agent, for the account of the Agent or (as the case may be) the Banks, with respect to each the Letter of Credit issued, extended or renewed by the Agent hereunder,
Appears in 1 contract
