Common use of FUNDING REQUEST IRREVOCABLE Clause in Contracts

FUNDING REQUEST IRREVOCABLE. The notice of the proposed Initial Funding and any Subsequent Funding shall be irrevocable and binding on the Issuer and the Issuer shall indemnify the Company and the Bank Investors against any loss or expense incurred by the Company or the Bank Investors, either directly or indirectly (including through the Liquidity Agreement) as a result of any failure by the Issuer to complete the requested Funding including, without limitation, any loss (including loss of anticipated profits) or expense incurred by the Company or the Bank Investors, either directly or indirectly (including pursuant to the Liquidity Agreement), by reason of the liquidation or reemployment of funds acquired by the Company (or the Liquidity Provider) (including, without limitation, funds obtained by issuing commercial paper or promissory notes or obtaining deposits or loans from third parties) for the Company or the Bank Investors to complete the requested Funding.

FUNDING REQUEST IRREVOCABLE. The notice of the proposed Initial Funding and any Subsequent Funding Request shall be irrevocable and binding on the Issuer and the Issuer shall indemnify the Company and the Bank Investors against any loss or expense incurred by the Company or the Bank InvestorsCompany, either directly or indirectly (including through the Liquidity Provider Agreement) as a result of any failure by the Issuer to complete the requested Funding including, without limitationlimita- tion, any loss (including loss of anticipated profits) or expense incurred by the Company or the Bank InvestorsCompany, either directly or indirectly (including pursuant to the Liquidity Provider Agreement), by reason of the liquidation or reemployment of funds acquired by the Company (or the Liquidity Provider) (including, without limitation, funds obtained by issuing commercial paper or promissory notes or obtaining deposits or loans from third parties) for the Company or the Bank Investors to complete the requested Funding.

FUNDING REQUEST IRREVOCABLE. The notice of the proposed Initial Funding and any Subsequent Funding Request shall be irrevocable and binding on the Issuer and the Issuer shall indemnify the Company Company, the Liquidity Agent and the Bank Investors against any loss or expense incurred by the Company or the Bank InvestorsCompany, either directly or indirectly (including through the Liquidity Agreement) as a result of any failure by the Issuer to complete the requested Funding including, without limitation, any loss (including loss of anticipated profits) or expense incurred by the Company Company, the Liquidity Agent or the Bank Investorsany Investor, either directly or indirectly (including pursuant to the Liquidity Agreement), by reason of the liquidation or reemployment re-employment of funds acquired by the Company (or Company, the Liquidity Provider) Agent or any Investor (including, without limitation, funds obtained by issuing commercial paper or promissory notes or obtaining deposits or loans from third parties) for the Company Company, the Liquidity Agent or the Bank Investors any Investor to complete the requested Funding.