Reimbursement Undertaking definition

Reimbursement Undertaking has the meaning specified therefor in Section 2.11(a) of the Agreement.

Reimbursement Undertaking as defined in Section 2.11(p).

Reimbursement Undertaking has the meaning set forth in Section 2.18(a).

Examples of Reimbursement Undertaking in a sentence

• Anything contained herein to the contrary notwithstanding, the Issuing Lender may, but shall not be obligated to, issue or cause the issuance of a Letter of Credit or to issue a Reimbursement Undertaking in respect of an Underlying Letter of Credit, in either case, that supports the obligations of Borrower or its Subsidiaries (1) in respect of (A) a lease of real property, or (B) an employment contract, or (2) at any time that one or more of the Lenders is a Defaulting Lender.

• Anything contained herein to the contrary notwithstanding, the Issuing Lender may, but shall not be obligated to, issue or cause the issuance of a Letter of Credit or to issue a Reimbursement Undertaking in respect of an Underlying Letter of Credit, in either case, that supports the obligations of Parent or its Subsidiaries (1) in respect of (A) a lease of real property, or (B) an employment contract, or (2) at any time that one or more of the Lenders is a Defaulting Lender.

• By submitting a request to Issuing Lender for the issuance of a Letter of Credit, Borrower shall be deemed to have requested that (i) Issuing Lender issue or (ii) an Underlying Issuer issue the requested Letter of Credit (and, in such case, to have requested Issuing Lender to issue a Reimbursement Undertaking with respect to such requested Letter of Credit).

• By submitting a request to Issuing Lender for the issuance of a Letter of Credit, Borrowers shall be deemed to have requested that (i) Issuing Lender issue or (ii) an Underlying Issuer issue the requested Letter of Credit (and, in such case, to have requested Issuing Lender to issue a Reimbursement Undertaking with respect to such requested Letter of Credit).

• Anything contained herein to the contrary notwithstanding, the Issuing Lender may, but shall not be obligated to, issue or cause the issuance of a Letter of Credit or to issue a Reimbursement Undertaking in respect of an Underlying Letter of Credit, in either case, that supports the obligations of Borrower or its Subsidiaries in respect of (1) a lease of real property, or (2) an employment contract.

More Definitions of Reimbursement Undertaking

Reimbursement Undertaking has the meaning specified in Section 3.01(a).

Reimbursement Undertaking means a separate irrevocable undertaking of the reimbursing bank, issued upon the authorization or request of the issuing bank, to the claiming bank named in the reimbursement authorization, to honour that bank's reimbursement claim, provided the terms and conditions of the reimbursement undertaking have been complied with.

Reimbursement Undertaking means the US Reimbursement Undertaking and/or the Canadian Reimbursement Undertaking, as the context requires.

Reimbursement Undertaking has the meaning specified in Section 2.03(l). “Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, trustees, administrators, managers, advisors, consultants, service providers and representatives of such Person and of such Person’s Affiliates. “Release” means any release, spill, emission, discharge, deposit, disposal, leaking, pumping, pouring, dumping, emptying, injection or leaching into the Environment, or into, from or through any building, structure or facility. “Relevant Rate” means with respect to any Credit Extension denominated in Dollars, SOFR, as applicable. “Report” has the meaning as specified in Section 9.14. “Reportable Event” means any of the events set forth in Section 4043(c) of ERISA, other than events for which the thirty (30) day notice period has been waived.

Reimbursement Undertaking has the meaning specified therefor in Section 2.11(a) of the Agreement. 218 Exhibit 10.61 DIP Credit Agreement

Reimbursement Undertaking means an undertaking issued by Ex-Im Bank to the L/C Bank to reimburse such L/C Bank for payments made under a Letter of Credit.

Reimbursement Undertaking has the meaning specified therefor in Section 3.1(a) of this Agreement.