Common use of Reinstatement and Survival Clause in Contracts

Reinstatement and Survival. Notwithstanding anything herein to the contrary, if the Issuing Lender is required at any time whether before or after any Maturity Date to make any payment under a Letter of Credit, each Lender shall pay over to the Agent in accordance with the provisions of this Section 3.9 and for the account of the Issuing Lender, the amount of the Lender’s Proportion of such Lender of such amount. If the Issuing Lender is required at any time to return to the Borrower or to a trustee, receiver, liquidator, custodian or other similar official any portion of the payments made by or on behalf of the Borrower to the Issuing Lender in reimbursement of the Borrower’s obligations in respect of such Letter of Credit and interest thereon, each Lender shall, on demand of the Issuing Lender forthwith pay over to the Agent for the account of the Issuing Lender the Lender’s Proportion of such Lender of such amount, plus interest thereon from the day such demand is made to the day such amount is returned by such Lender to the Issuing Lender at a rate determined by the Agent (such rate to be conclusive and binding on such Lender or the Borrower as the case may be) in accordance with the Agent’s usual banking practice for similar advances to financial institutions of like standing to such Lender.

Reinstatement and Survival. Notwithstanding anything herein to the contrary, if the Issuing a Fronting Lender is required at any time whether before or after any Maturity Date to make any payment under a Fronted Letter of Credit, each Lender shall pay over to the Agent in accordance with the provisions of this Section 3.9 and for the account of the Issuing such Fronting Lender, the amount of the Lender’s 's Proportion of such Lender of such amount. If the Issuing a Fronting Lender is required at any time to return to the Borrower or to a trustee, receiver, liquidator, custodian or other similar official any portion of the payments made by or on behalf of the Borrower to the Issuing such Fronting Lender in reimbursement of the Borrower’s 's obligations in respect of such Fronted Letter of Credit and interest thereon, each Lender shall, on demand of the Issuing such Fronting Lender forthwith pay over to the Agent for the account of the Issuing such Fronting Lender the Lender’s 's Proportion of such Lender of such amount, plus interest thereon from the day such demand is made to the day such amount is returned by such Lender to the Issuing such Fronting Lender at a rate determined by the Agent (such rate to be conclusive and binding on such Lender or the Borrower as the case may be) in accordance with the Agent’s 's usual banking practice for similar advances to financial institutions of like standing to such Lender.

Reinstatement and Survival. Notwithstanding anything herein to the contrary, if the Issuing a Fronting Lender is required at any time whether before or after any the Maturity Date to make any payment under a Letter of CreditCredit which was outstanding on or before the Maturity Date, each Lender shall pay over to the Agent in accordance with the provisions of this Section 3.9 3.10 and for the account of the Issuing Lender, such Fronting Lender the amount of the such Lender’s Lender’s Proportion of such Lender of such amount. If the Issuing such Fronting Lender is required at any time (whether before or after the Maturity Date) to return to the Borrower or to a trustee, receiver, liquidator, custodian or other similar official any portion of the payments made by or on behalf of the Borrower to the Issuing such Fronting Lender in reimbursement of the Borrower’s obligations in respect of such Letter of Credit and interest thereon, each Lender shall, on demand of the Issuing such Fronting Lender forthwith pay over to the Agent for the account of the Issuing such Fronting Lender the such Lender’s Lender’s Proportion of such Lender of such amount, plus interest thereon from the day such demand is made to the day such amount is returned by such Lender to the Issuing such Fronting Lender at a the rate determined by the Agent (such rate to be conclusive and binding on such Lender or the Borrower as the case may be) specified in accordance with the Agent’s usual banking practice for similar advances to financial institutions of like standing to such LenderSection 5.6.

Reinstatement and Survival. Notwithstanding anything herein to the contrary, if the Issuing a Fronting Lender is required at any time whether before or after any the Maturity Date to make any payment under a Letter of CreditCredit which was outstanding on or before the Maturity Date, each Lender shall pay over to the Agent in accordance with the provisions of this Section 3.9 3.11 and for the account of the Issuing Lender, such Fronting Lender the amount of the such Lender’s 's Lender's Proportion of such Lender of such amount. If the Issuing such Fronting Lender is required at any time (whether before or after the Maturity Date) to return to the Borrower or to a trustee, receiver, liquidator, custodian or other similar official any portion of the payments made by or on behalf of the Borrower to the Issuing such Fronting Lender in reimbursement of the Borrower’s 's obligations in respect of such Letter of Credit and interest thereon, each Lender shall, on demand of the Issuing such Fronting Lender forthwith pay over to the Agent for the account of the Issuing such Fronting Lender the such Lender’s 's Lender's Proportion of such Lender of such amount, plus interest thereon from the day such demand is made to the day such amount is returned by such Lender to the Issuing such Fronting Lender at a the rate determined by the Agent (such rate to be conclusive and binding on such Lender or the Borrower as the case may be) specified in accordance with the Agent’s usual banking practice for similar advances to financial institutions of like standing to such LenderSection 5.6.

Reinstatement and Survival. Notwithstanding anything herein to the contrary, if the Issuing a Fronting Lender is required at any time whether before or after any Maturity Date to make any payment under a Fronted Letter of Credit, each Lender shall pay over to the Agent in accordance with the provisions of this Section 3.9 3.8 and for the account of the Issuing such Fronting Lender, the amount of the Lender’s 's Proportion of such Lender of such amount. If the Issuing a Fronting Lender is required at any time to return to the Borrower or to a trustee, receiver, liquidator, custodian or other similar official any portion of the payments made by or on behalf of the Borrower to the Issuing such Fronting Lender in reimbursement of the Borrower’s 's obligations in respect of such Fronted Letter of Credit and interest thereon, each Lender shall, on demand of the Issuing such Fronting Lender forthwith pay over to the Agent for the account of the Issuing such Fronting Lender the Lender’s 's Proportion of such Lender of such amount, plus interest thereon from the day such demand is made to the day such amount is returned by such Lender to the Issuing such Fronting Lender at a rate determined by the Agent (such rate to be conclusive and binding on such Lender or the Borrower as the case may be) in accordance with the Agent’s 's usual banking practice for similar advances to financial institutions of like standing to such Lender.