REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 9 contracts
Samples: Revolving Credit Agreement (Cabot Microelectronics Corp), Credit Agreement (Charlotte Russe Holding Inc), Revolving Credit Agreement (Cabot Corp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 ss.4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 6 contracts
Samples: Revolving Credit Agreement (Hadco Corp), Revolving Credit Agreement (Brooks Automation Inc), Revolving Credit Agreement (Hadco Acquisition Corp Ii)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees ---------------------------------- that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 6 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 OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 4 contracts
Samples: Revolving Credit Agreement (Aztec Technology Partners Inc /De/), Revolving Credit and Term Loan Agreement (Western Digital Corp), Credit and Term Loan Agreement (Flextronics International LTD)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 ss.5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 4 contracts
Samples: Credit Agreement (HPSC Inc), Credit and Term Loan Agreement (Western Digital Corp), Revolving Credit and Term Loan Agreement (Marcam Corp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the any Borrower pursuant to Section 4.2 ss.4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 3 contracts
Samples: Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Revolving Credit Commitment Percentage, to reimburse the Agent Issuing Bank on demand for the amount of each draft paid by the Agent Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 ss.5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Hvide Marine Inc), Credit and Term Loan Agreement (Hvide Marine Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Revolving Credit Loan Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
Samples: Credit and Term Loan Agreement (Petro Stopping Centers L P), Credit and Term Loan Agreement (Petro Stopping Centers Holdings Lp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Company pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
Samples: Revolving Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 (S)3.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
Samples: Revolving Credit Agreement (Trico Marine Services Inc), Credit Agreement (Trico Marine Services Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent Issuing Bank on demand for the amount of each draft paid by the Agent Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
Samples: Credit and Term Loan Agreement (Aviall Inc), Revolving Credit Agreement (HMT Technology Corp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
Samples: Revolving Credit Agreement (Trico Marine Services Inc), Revolving Credit Agreement (American Restaurant Group Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally ---------------------------------- agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 §5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
Samples: Revolving Credit Agreement (Anacomp Inc), Credit and Term Loan Agreement (Fargo Electronics Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent (as calculated pursuant to ss.4.2) under each Letter of Credit to the extent that such amount is not reimbursed by the applicable Borrower pursuant to Section 4.2 ss.4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
Samples: Revolving Credit Agreement (Holmes Products Corp), And Term Loan Agreement (Holmes Products Corp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 2.18 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Revolving Credit Commitment Percentage, to reimburse the Agent BKB on demand for the amount of each draft paid by the Agent BKB under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 2 contracts
Samples: Revolving Credit Agreement (Perkins Finance Corp), Revolving Credit Agreement (Restaurant Co)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally ---------------------------------- agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Company or the relevant Sterling Subsidiary pursuant to Section 4.2 (S)2A.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 hereof (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Revolving Credit Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Dave & Busters Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees ------------- ----------- -- ----- that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Revolver Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent or circumstance whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent each Letter of Credit Bank on demand for the amount of each draft paid by the Agent such Letter of Credit Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's ’s Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section §4.2 (such agreement for a Bank being called herein the "“Letter of Credit Participation" ” of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section §4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Multicurrency Revolving Credit Agreement (Rogers Corp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the applicable Revolver Borrower pursuant to Section 4.2 ss.5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Security Agreement (Genrad Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees ---------------------------------- that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Revolving Credit Loan Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)7.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Petro Stopping Centers L P)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).of
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 ss.5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Morgan Group Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees ---------------------------------- that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 ss.4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Revolving Credit Agreement (Fairfield Communities Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 3A.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Revolver A Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Revolving Credit Agreement (Varian Semiconductor Equipment Associates Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Revolving Credit Agreement (Flextronics International LTD)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally ---------------------------------- agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 ss.4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally ---------------------------------- agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Letter of Credit Agent on demand for the amount of each draft paid by the Letter of Credit Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Revolving Credit Agreement (California Steel Industries Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent Issuing Bank on demand for the amount of each draft paid by the Agent Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent (as calculated pursuant to ss.3.2) under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 ss.3.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent each Issuing Bank on demand for the amount of each draft paid by the Agent each Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 3.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Credit and Gold Consignment Agreement (Whitehall Jewellers Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the a Borrower pursuant to Section 4.2 ss.5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent Issuing Bank on demand for the amount of each draft paid by the Agent Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 ss.4.2 (such agreement for a A Bank being called herein the "Letter of Credit ParticipationLETTER OF CREDIT PARTICIPATION" of such Bank).
Appears in 1 contract
Samples: Credit Agreement (Nationsrent Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally ---------------------------------- agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Revolving Credit Loan Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: And Term Loan Agreement (Petro Stopping Centers L P)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 ss.3A.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's ’s Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section §4.2 (such agreement for by a Bank being called herein the "“Letter of Credit Participation" ” of such Bank).
Appears in 1 contract
Samples: Revolving Credit (Weider Nutrition International Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 [Section]4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Revolving Credit Agreement (Hadco Acquisition Corp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 ss. 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Credit Agreement (HPSC Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Company pursuant to Section 4.2 2.2.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (Picturetel Corp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 2B.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Multicurrency Revolving Credit and Term Loan Agreement (Dynatech Corp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees ---------------------------------- that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Administrative Agent on demand for the amount of each draft paid by the Administrative Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 ss.4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Revolving Credit Agreement (Fairfield Communities Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section ss 4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Revolving Credit Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Mercury Air Group Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent Fronting Bank on demand for the amount of each draft paid by the Agent Fronting Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 [SECTION] 2A.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Revolving Credit Agreement (Bradley Real Estate Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's ’s Commitment Percentage, to reimburse the Issuing Bank through the Agent on demand for the amount of each draft paid by the Agent Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section §4.2 (such agreement for a Bank being called herein the "“Letter of Credit Participation" ” of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent Issuing Bank on demand for the amount of each draft paid by the Agent Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 4.2 SECTION 3.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
Appears in 1 contract
Samples: Revolving Credit Agreement (Trico Marine Services Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent Issuing Bank on demand for the amount of each draft paid by the Agent Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (such agreement for a Bank being called herein the "Letter of Credit ParticipationLETTER OF CREDIT PARTICIPATION" of such Bank).
Appears in 1 contract
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Revolving Credit Commitment Percentage, to reimburse the Administrative Agent on demand for the amount of each draft paid by the Administrative Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
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Samples: Revolving Credit and Term Loan Agreement (Bell Sports Corp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Administrative Agent on demand for the amount of each draft paid by the Administrative Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 2A.2 (such agreement for a Bank being called herein the "Letter of Credit ParticipationLETTER OF CREDIT PARTICIPATION" of such Bank).
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Samples: Revolving Credit Agreement (Telephone & Data Systems Inc /De/)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Administrative Agent on demand for the amount of each draft paid by the Administrative Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
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Samples: Revolving Credit and Term Loan Agreement (Bangor Hydro Electric Co)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
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Samples: Revolving Credit and Term Loan Agreement (Arrow Automotive Industries Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the a Borrower pursuant to Section 4.2 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
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REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 sec.5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
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Samples: Revolving Credit and Term Loan Agreement (Filenes Basement Corp)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Company pursuant to Section 4.2 section 5.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
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REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees ---------------------------------- that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
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REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)4.2 hereof (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
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Samples: Revolving Credit Agreement (Jordan Telecommunication Products Inc)
REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage or LC Commitment Percentage, as the case may be, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 ss.4.2 (such agreement for by a Bank being called herein the "Letter of Credit Participation" of such Bank).
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REIMBURSEMENT OBLIGATIONS OF BANKS. Each Bank severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Bank's Commitment Percentage, to reimburse the Agent on demand for the amount of each draft paid by the Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 4.2 (S)4.2 (such agreement for a Bank being called herein the "Letter of Credit Participation" of such Bank).
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