Reimbursement Obligations Absolute. The obligation of Borrower to reimburse Bank for Drawing Payments (such obligation referred to as a "Reimbursement Obligation") shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement and any Letter of Credit agreement.
Appears in 2 contracts
Samples: Credit Agreement (American Ecology Corp), Credit Agreement (American Ecology Corp)
Reimbursement Obligations Absolute. The obligation of Borrower to reimburse Issuing Bank or the Banks, as the case may be, for Drawing Payments (such obligation to be referred to herein as a "Reimbursement ObligationREIMBURSEMENT OBLIGATION") shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement and any the Letter of Credit agreementAgreements.
Appears in 2 contracts
Samples: Credit Agreement (Building Materials Holding Corp), Credit Agreement (BMC West Corp)
Reimbursement Obligations Absolute. The obligation of Borrower to reimburse Bank for Drawing Payments (such obligation referred to as a "βReimbursement Obligation"β) shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement and any Letter of Credit agreement.
Appears in 2 contracts
Samples: Credit Agreement (Us Ecology, Inc.), Revolving Credit Agreement (American Ecology Corp)
Reimbursement Obligations Absolute. The obligation of Borrower to reimburse Issuing Bank or the Banks, as the case may be, for Term Drawing Payments (such obligation referred to as a "Term Reimbursement Obligation") shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement and any Term Standby Letter of Credit agreement.
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Reimbursement Obligations Absolute. The obligation of Borrower to reimburse Issuing Bank or the Banks, as the case may be, for Drawing Payments (such obligation referred to as a "Reimbursement Obligation") shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement and any Letter of Credit agreement.
Appears in 1 contract
