Common use of Reimbursement Obligations of Lenders Clause in Contracts

Reimbursement Obligations of Lenders. Each Lender 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 Lender’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 Domestic Borrower pursuant to § 5.2 (such agreement for a Lender being called herein the “Letter of Credit Participation” of such Lender).

Reimbursement Obligations of Lenders. Each Lender 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 Lender’s '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 Domestic Borrower Borrowers pursuant to § 5.2 (such agreement for a Lender being called herein the “Letter of Credit Participation” of such LenderS).

Reimbursement Obligations of Lenders. Each Revolving Credit Lender 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 Lender’s 's Revolving Credit Commitment Percentage, to reimburse the Administrative Agent Issuing Bank on demand for the amount of each draft paid by the Administrative Agent Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Domestic Borrower pursuant to § 5.2 (such agreement for a Lender being called herein the “Letter of Credit Participation” of such Lender)ss.

Reimbursement Obligations of Lenders. Each Lender 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 Lender’s 's Commitment Percentage, to reimburse the Administrative Agent as issuer of the Letter of Credit Guaranty or, as applicable, the Issuing Bank, on demand for the amount of each draft paid by the Administrative Agent Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Domestic Borrower Borrowers pursuant to § 5.2 (such agreement for a Lender being called herein the “Letter of Credit Participation” of such Lender)ss.