Common use of Obligations Irrevocable Clause in Contracts

Obligations Irrevocable. The obligations of each Lender to make payments to the Administrative Agent with respect to any Letter of Credit or with respect to their participation therein or with respect to any Credit Support for any Letter of Credit or with respect to the Revolving Loans made as a result of a drawing under a Letter of Credit and the obligations of the Borrowers for whose account the Letter of Credit or Credit Support was issued to make payments to the Administrative Agent, for the account of the Lenders, shall be irrevocable and shall not be subject to any qualification or exception whatsoever, including any of the following circumstances:

Appears in 4 contracts

Samples: Credit Agreement (Kforce Inc), Credit Agreement (Kforce Inc), Credit Agreement (Westpoint Stevens Inc)

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Obligations Irrevocable. The obligations of each Lender to make payments to the Administrative Agent with respect to any Letter of Credit or with respect to their participation therein or with respect to any Credit Support for any Letter of Credit or with respect to the Revolving Loans made as a result of a drawing under a Letter of Credit and the obligations of the Borrowers Borrower for whose account the Letter of Credit or Credit Support was issued to make payments to the Administrative Agent, for the account of the Lenders, shall be irrevocable and shall not be subject to any qualification or exception whatsoever, including any of the following circumstances:

Appears in 3 contracts

Samples: Revolving Credit Agreement (Foamex International Inc), Credit Agreement (Kforce Com Inc), Possession Credit Agreement (Foamex L P)

Obligations Irrevocable. The obligations of each a Lender to make payments to the Administrative Agent with respect to any Letter of Credit or with respect to their participation therein or with respect to any Credit Support for any Letter of Credit or with respect to the Revolving Loans made as a result of a drawing under a Letter of Credit and the obligations of the Borrowers for whose account the Letter of Credit or Credit Support was issued to make payments to the Administrative Agent, for the account of the Lenders, Administrative Agent with respect to a Letter of Credit Guarantee or the Letter of Credit Issuer with respect to a Letter of Credit (and of the Borrowers to reimburse the Lenders for such payments) shall be irrevocable and shall not be subject to irrevocable, without any qualification or exception whatsoeverwhatsoever and shall be made in accordance with the terms and conditions of this Agreement under all circumstances, including including, without limitation, any of the following circumstances:

Appears in 2 contracts

Samples: Eighth Amendment Agreement (Donnkenny Inc), Credit Agreement (Donnkenny Inc)

Obligations Irrevocable. The obligations of each Revolving Lender to make payments to the Administrative Agent with respect to any Letter of Credit or with respect to their participation therein or with respect to any Credit Support for any Letter of Credit or with respect to the Revolving Loans made as a result of a drawing under a Letter of Credit and the obligations of the Borrowers Borrower for whose account the Letter of Credit or Credit Support was issued to make payments to the Administrative Agent, for the account of the Revolving Lenders, shall be irrevocable and shall not be subject to any qualification or exception whatsoever, including any of the following circumstances:

Appears in 2 contracts

Samples: Credit Agreement (Manufacturers Services LTD), Credit Agreement (Foamex International Inc)

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Obligations Irrevocable. The obligations obligation of each Lender to make payments to the Administrative Agent with respect to any Letter of Credit or with respect to their participation therein or with respect to any Credit Support for any Letter of Credit or with respect to the Revolving Loans made as a result of a drawing under a Letter of Credit and the obligations obligation of the Borrowers for whose account the Letter of Credit or Credit Support was issued to make payments to the Administrative Agent, for the account of the Lenders, with respect to any Letter of Credit shall be irrevocable and shall not be subject to any qualification or exception whatsoever, including any of the following circumstances:

Appears in 2 contracts

Samples: Loan and Security Agreement (Mercury Air Group Inc), Credit Agreement (Txi Cement Co)

Obligations Irrevocable. The obligations of each Lender to make payments to the Administrative Agent with respect to any Letter of Credit or with respect to their participation therein or with respect to any Credit Support for any provided through the Administrative Agent with respect to a Letter of Credit or with respect to the Revolving Loans made as a result of a drawing under a Letter of Credit Credit, and the obligations of the Borrowers for whose account the Letter of Credit or Credit Support was issued Borrower to make payments to the Administrative Agent, for the account of the Lenders, shall be irrevocable and shall irrevocable, not be subject to any qualification or exception whatsoever, including any of the following circumstances:

Appears in 1 contract

Samples: Loan and Security Agreement (Good Guys Inc)

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