Common use of Repayment of Lenders Clause in Contracts

Repayment of Lenders. Upon and only upon receipt by the Issuing Lender of funds from the Borrower in full or partial reimbursement of any draft paid under a Letter of Credit with respect to which any Lender has theretofor paid the Agent for the account of the Issuing Lender in full for such Lender’s participation pursuant to Section 3.9(b) and in full or partial payment of interest on such draft paid under a Letter of Credit, the Issuing Lender will pay to the Agent for the account of such Lender, in the same funds as those received by the Issuing Lender, or net against any then due obligation of such Lender under Section 3.9(b) to make any payment to the Issuing Lender, the Lender’s Proportion of such Lender of such funds.

Repayment of Lenders. Upon and only upon receipt by the Issuing a Fronting Lender of funds from the Borrower in full or partial reimbursement of any draft paid under a Fronted Letter of Credit with respect to which any Lender has theretofor paid the Agent for the account of the Issuing such Fronting Lender in full for such Lender’s 's participation pursuant to Section 3.9(b3.9(c) and in full or partial payment of interest on such draft paid under a Fronted Letter of Credit, the Issuing such Fronting Lender will pay to the Agent for the account of such Lender, in the same funds as those received by the Issuing such Fronting Lender, or net against any then due obligation of such Lender under Section 3.9(b3.9(c) to make any payment to the Issuing such Fronting Lender, the Lender’s 's Proportion of such Lender of such funds.

Repayment of Lenders. Upon and only upon receipt by the Issuing a Fronting Lender of funds from the Borrower in full or partial reimbursement of any draft paid under a Fronted Letter of Credit with respect to which any Lender has theretofor paid the Agent for the account of the Issuing such Fronting Lender in full for such Lender’s 's participation pursuant to Section 3.9(b3.8(d) and in full or partial payment of interest on such draft paid under a Fronted Letter of Credit, the Issuing such Fronting Lender will pay to the Agent for the account of such Lender, in the same funds as those received by the Issuing such Fronting Lender, or net against any then due obligation of such Lender under Section 3.9(b3.8(d) to make any payment to the Issuing such Fronting Lender, the Lender’s 's Proportion of such Lender of such funds.

Repayment of Lenders. Upon and only upon receipt by the Issuing a Fronting Lender of funds from the Borrower in full or partial reimbursement of any draft paid under a Letter of Credit issued by such Fronting Lender with respect to which any Lender has theretofor theretofore paid the Agent for the account of the Issuing such Fronting Lender in full for such Lender’s participation pursuant to Section 3.9(b3.10(d) and in full or partial payment of interest interest, commissions or fees on such draft paid under a such Letter of Credit, the Issuing such Fronting Lender will pay to the Agent for the account of such Lender, in the same funds as those received by the Issuing Lender, such Fronting Lender or net against any then due obligation of such Lender under Section 3.9(b3.10(d) to make any payment to the Issuing Lender, the such Fronting Lender such Lender’s Proportion of such Lender of such funds.

Repayment of Lenders. Upon and only upon receipt by the Issuing a Fronting Lender of funds from the Borrower in full or partial reimbursement of any draft paid under a Letter of Credit issued by such Fronting Lender with respect to which any Lender has theretofor theretofore paid the Agent for the account of the Issuing such Fronting Lender in full for such Lender’s 's participation pursuant to Section 3.9(b3.11(d) and in full or partial payment of interest interest, commissions or fees on such draft paid under a such Letter of Credit, the Issuing such Fronting Lender will pay to the Agent for the account of such Lender, in the same funds as those received by the Issuing Lender, such Fronting Lender or net against any then due obligation of such Lender under Section 3.9(b3.11(d) to make any payment to the Issuing such Fronting Lender such Lender, the Lender’s 's Proportion of such Lender of such funds.