Reimbursement Obligations Absolute. The obligations of the Borrower to reimburse the Lending Office for L/C Disbursements made by such Lending Office under any Letter of Credit honoring a demand for payment by the beneficiary thereunder shall be irrevocable, absolute and unconditional under any and all circumstances, including the following circumstances:
Appears in 3 contracts
Samples: Letter of Credit Agreement (Brinks Co), Letter of Credit Agreement (Brinks Co), Letter of Credit Agreement (Brinks Co)
Reimbursement Obligations Absolute. The obligations of the Borrower Borrowers to reimburse the Lending Office for L/C Disbursements payments made by such Lending Office under any Letter of Credit honoring a demand for payment by the beneficiary thereunder shall be irrevocable, absolute and unconditional under any and all circumstances, including the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (Brinks Co), Credit Agreement (Brinks Co)
Reimbursement Obligations Absolute. The obligations of the Borrower Borrowers to reimburse the relevant Lending Office for L/C Disbursements payments made by such Lending Office under any Letter of Credit honoring a demand for payment by the beneficiary thereunder shall be irrevocable, absolute and unconditional under any and all circumstances, including the following circumstances:
Appears in 1 contract
Samples: Credit Agreement (Pittston Co)
