CREDIT AGREEMENT dated as of September 16, 2014 among ASSURANT, INC., as Borrower, THE LENDERS Party Hereto, JPMORGAN CHASE BANK, N.A. as Administrative Agent, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Syndication Agent J.P. MORGAN SECURITIES LLC...Credit Agreement • November 4th, 2014 • Assurant Inc • Accident & health insurance • New York
In consideration of the foregoing, the Issuing Lender agrees that if the Confirming Lender shall make any LC Disbursement in respect of any Syndicated Letter of Credit, regardless of the identity of the account party of such Syndicated Letter of Credit, the Issuing Lender shall reimburse the Confirming Lender by paying to the Confirming Lender an amount equal to the amount of the LC Disbursement made by the Confirming Lender, such payment to be made not later than noon, New York City time, on (i) the Business Day that the Issuing Lender receives notice of such LC Disbursement, if such notice is received prior to 10:00 a.m., New York City time, or (ii) the Business Day immediately following the day that the Issuing Lender receives such notice, if such notice is not received prior to such time. The Issuing Lender’s obligations to reimburse the Confirming Lender as provided in the foregoing sentence shall be absolute, unconditional and irrevocable, and shall be performed strictly in accor
