REIMBURSEMENT OF THE PAYING AGENTS Sample Clauses

REIMBURSEMENT OF THE PAYING AGENTS. 8.1 If a Paying Agent other than the Principal Paying Agent makes any payment in accordance with this Agreement:
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REIMBURSEMENT OF THE PAYING AGENTS. The Fiscal Agent shall charge the account referred to in clause 5 for all payments made by it under this Agreement and will credit or transfer to the respective accounts of the other Paying Agents the amount of all payments made by them under the Conditions immediately upon notification from them, subject in each case to any applicable laws or regulations.
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REIMBURSEMENT OF THE PAYING AGENTS. The Principal Paying Agent shall charge the account referred to in Clause 4 for all payments made by it under this Agreement and will credit or transfer to the respective accounts of the other Paying Agents the amount of all payments made by them under the Conditions as soon as practicable upon notification from them, subject in each case to any applicable laws or regulations.
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REIMBURSEMENT OF THE PAYING AGENTS. The Principal Paying Agent shall debit the account referred to in Clause 5.1 (Amount for Principal and/or Interest) with all payments made by it under this Agreement and will credit or transfer to the respective accounts of the other Paying Agents (if any have been properly appointed at that date) the amount of all payments made by them under the Conditions immediately upon notification from them of such payments, subject in each case to any applicable laws or regulations.
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REIMBURSEMENT OF THE PAYING AGENTS. The Fiscal Agent shall credit or transfer to the respective accounts of the other Paying Agents the amount of all payments made by them under the Conditions immediately upon notification thereof from them subject in each case to any applicable laws or regulations and the actual receipt of moneys as described in Clause 5.
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REIMBURSEMENT OF THE PAYING AGENTS. 9.1 If a Paying Agent other than the Principal Paying Agent makes any payment in accordance with this Agreement:
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REIMBURSEMENT OF THE PAYING AGENTS. The Fiscal Agent shall upon notification from it promptly reimburse the Paying Agents for payments it has made in respect of the Notes properly in accordance with the Terms and Conditions applicable to such Series and this Agreement, subject in each case to any Applicable Law.
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Related to REIMBURSEMENT OF THE PAYING AGENTS

  • Reimbursement Obligation of the Borrower In the event of any drawing under any Letter of Credit, the Borrower agrees to reimburse (either with the proceeds of a Revolving Credit Loan as provided for in this Section or with funds from other sources), in same day funds, the applicable Issuing Lender on each date on which such Issuing Lender notifies the Borrower of the date and amount of a draft paid by it under any Letter of Credit for the amount of (a) such draft so paid and (b) any amounts referred to in Section 3.3(c) incurred by such Issuing Lender in connection with such payment. Unless the Borrower shall immediately notify such Issuing Lender that the Borrower intends to reimburse such Issuing Lender for such drawing from other sources or funds, the Borrower shall be deemed to have timely given a Notice of Borrowing to the Administrative Agent requesting that the Revolving Credit Lenders make a Revolving Credit Loan bearing interest at the Base Rate on the applicable repayment date in the amount of (i) such draft so paid and (ii) any amounts referred to in Section 3.3(c) incurred by such Issuing Lender in connection with such payment, and the Revolving Credit Lenders shall make a Revolving Credit Loan bearing interest at the Base Rate in such amount, the proceeds of which shall be applied to reimburse such Issuing Lender for the amount of the related drawing and such fees and expenses. Each Revolving Credit Lender acknowledges and agrees that its obligation to fund a Revolving Credit Loan in accordance with this Section to reimburse such Issuing Lender for any draft paid under a Letter of Credit issued by it is absolute and unconditional and shall not be affected by any circumstance whatsoever, including non-satisfaction of the conditions set forth in Section 2.3(a) or Article VI. If the Borrower has elected to pay the amount of such drawing with funds from other sources and shall fail to reimburse such Issuing Lender as provided above, the unreimbursed amount of such drawing shall bear interest at the rate which would be payable on any outstanding Base Rate Loans which were then overdue from the date such amounts become payable (whether at stated maturity, by acceleration or otherwise) until payment in full.

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