Repayment of Participants. Upon and only upon receipt by the applicable Issuing Bank of funds from the Canadian Borrower in full or partial reimbursement of any drawing paid under a Letter of Credit with respect to which any Lender has theretofore paid the Administrative Agent for the account of such Issuing Bank in full for such Lxxxxx’s Facility A Participation pursuant to Section 11.2 and in full or partial payment of interest, commissions or fees on such drawing paid under a Letter of Credit, the applicable Issuing Bank will pay to such Lender, in the same funds as those received by such Issuing Bank, or net against any then due obligation of such Lender under Section 11.2 to make any payment to such Issuing Bank, such Lxxxxx’s Facility A Participation of such funds.
Repayment of Participants. Upon and only upon receipt by the Administrative Agent 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 theretofore paid the Administrative Agent for the account of the Administrative Agent in full for such Lender's participation pursuant to Section 7.2 and in full or partial payment of interest, commissions or fees on such draft paid under a Letter of Credit, the Administrative Agent will pay to such Lender, in the same funds as those received by the Administrative Agent, or net against any then due obligation of such Lender under Section 7.2 to make any payment to the Administrative Agent, such Lender's Participation of such funds.
Repayment of Participants. 57 9.4 Role of the Issuing Bank ............................................................................................... 57 9.5 Obligations of Each Lender Absolute ........................................................................... 58 9.6 Reinstatement and Survival .......................................................................................... 58 9.7 Procedure for Issuance and Renewal of Letters of Credit ............................................ 59 9.8 Reimbursement of the Issuing Bank ............................................................................. 60 9.9 Commissions, Fees and Charges................................................................................... 61 9.10 Interest on Amounts Disbursed under Letters of Credit ............................................... 61 9.11
Repayment of Participants. Upon and only upon receipt by the Issuing Bank 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 theretofore paid the Agent for the account of the Issuing Bank in full for such Lender’s participation pursuant to Section 9.2 and in full or partial payment of interest, commissions or fees on such draft paid under a Letter of Credit, the Issuing Bank will pay to such Lender, in the same funds as those received by the Issuing Bank, or net against any then due obligation of such Lender under Section 9.2 to make any payment to the Issuing Bank, such Lender’s Participation of such funds. 9.4 Role of the Issuing Bank The Issuing Bank will exercise and give the same care and attention to each Letter of Credit as it gives to its other letters of credit and similar obligations, and the Issuing Bank’s sole liability
Repayment of Participants. 63 7.4 Role of the Administrative Agent....................... 63 7.5 Lenders' Obligations Absolute.......................... 63 7.6 Reinstatement and Survival............................. 64 7.7 Procedure for Issuance and Renewal of Letters of Credit................................. 64 7.8 Reimbursement of the Administrative Agent.............. 66 7.9 Commissions, Fees and Charges.......................... 66 7.10 Interest on Amounts Disbursed under Letters of Credit.................................... 67 7.11 Computation of Interest and Fees; Payment not on Business Day.................................. 67 7.12
Repayment of Participants. Upon and only upon receipt by the applicable Issuing Bank of funds from the Canadian Borrower in full or partial reimbursement of any drawing paid under a Letter of Credit with respect to which any Lender has theretofore paid the Administrative Agent for the account of such Issuing Bank in full for such Lender’s Facility A Participation or such Lender’s Facility B Participation, as the case may be, pursuant to Section 10.2 and in full or partial payment of interest, commissions or fees on such drawing paid under a Letter of Credit, the applicable Issuing Bank will pay to such Lender, in the same funds as those received by such Issuing Bank, or net against any then due obligation of such Lender under Section 10.2 to make any payment to such Issuing Bank, such Lender’s Facility A Participation or such Lender’s Facility B Participation, as the case may be, of such funds.
Repayment of Participants. (a) At any time after the applicable Issuing Bank has made a payment under any Letter of Credit and has received from any Lender such Lender’s L/C Advance in respect of such payment in accordance with Section 3.3, if the Administrative Agent receives for the account of such Issuing Bank any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from a Borrower or otherwise, including proceeds of Cash Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Lender its Pro Rata Share thereof in the same funds as those received by the Administrative Agent.
Repayment of Participants. (a) Upon (and only upon) receipt by the Administrative Agent for the account of the Issuing Lender of immediately available funds from the Company (i) in reimbursement of any payment made by the Issuing Lender under a Letter of Credit with respect to which any Lender has paid the Administrative Agent for the account of the Issuing Lender for such Lender's participation in such Letter of Credit pursuant to SECTION 3.3 or (ii) in payment of interest thereon, the Administrative Agent will pay to each Lender, in like funds as those received by the Administrative Agent for the account of the Issuing Lender, the amount of such Lender's Percentage of such funds, and the Issuing Lender shall receive the amount of the Percentage of such funds of any Lender that did not so pay the Administrative Agent for the account of the Issuing Lender.
Repayment of Participants. Upon and only upon receipt by the Issuing Bank 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 theretofore paid the Agent for the account of the Issuing Bank in full for such Lender’s participation pursuant to Section 9.2 and in full or partial payment of interest, commissions or fees on such draft paid under a Letter of Credit, the Issuing Bank will pay to such Lender, in the same funds as those received by the Issuing Bank, or net against any then due obligation of such Lender under Section 9.2 to make any payment to the Issuing Bank, such Lender’s Participation of such funds.
