LC Reimbursement Obligations means, at any time, all obligations of the Borrower to reimburse the LC Issuing Banks for amounts paid by the LC Issuing Banks in respect of drawings under Letters of Credit, including any portion of any such obligation to which a Lender has become subrogated pursuant to Section 2.17(k).
LC Reimbursement Obligations means, at any time, all obligations of the Borrower to reimburse the Issuing Bank for amounts paid by it in respect of drawings under Letters of Credit, including any portion of such obligations to which Lenders have become subrogated by making payments to the Issuing Bank pursuant to Section 2.04(e).
LC Reimbursement Obligations means, as applicable, Secured Facility LC Reimbursement Obligations or Unsecured Facility LC Reimbursement Obligations.
Examples of LC Reimbursement Obligations in a sentence
No provision hereof shall be deemed to waive or limit the Borrower’s right to seek repayment of any payment of any L/C Reimbursement Obligations from the L/C Issuer under the terms of the applicable L/C Reimbursement Agreement or applicable law.
Such fee shall be paid to Revolver Agent for the benefit of the Revolving Lenders in arrears, on the last Business Day of each Fiscal Quarter, commencing with the Issuance of such Letter of Credit, and on the date on which all L/C Reimbursement Obligations have been discharged.
More Definitions of LC Reimbursement Obligations
LC Reimbursement Obligations means Borrower’s obligations under Section 2.17(e) to reimburse LC Disbursements.
LC Reimbursement Obligations means, at any time, the aggregate outstanding amount of all obligations of the Borrowers to reimburse the Issuing Bank for LC Disbursements pursuant to Section 2.06 of this Agreement.
LC Reimbursement Obligations means each payment required to be made by the Borrower under the Credit Agreement in respect of any LC Disbursement, including payments in respect of reimbursement of LC Disbursements, interest thereon and obligations to provide cash collateral.
LC Reimbursement Obligations means, at any time, all obligations of the Borrowers to reimburse the Bank for amounts paid by the Bank in respect of drawings under Letters of Credit.
LC Reimbursement Obligations means, for any Letter of Credit, the obligation of the Parent Borrower to the L/C Issuer thereof or to Administrative Agent, as and when matured, to pay all amounts drawn under such Letter of Credit.
LC Reimbursement Obligations means the obligation of the Borrower to reimburse the Bank pursuant to the Letter of Credit Documents for amounts drawn under a Letter of Credit.
LC Reimbursement Obligations means Revolving LC Reimbursement Obligations or Funded LC Reimbursement Obligations, as the context requires.