Common use of LC Obligations Unconditional Clause in Contracts

LC Obligations Unconditional. The obligation of the Borrower to reimburse a Facing Agent (or any Lender that has purchased a participation from or made a Loan to enable the Borrower to reimburse the applicable Facing Agent) for drawings made under any Letter of Credit issued by it and the obligations of each Lender to purchase participations pursuant to Section 2.9(d) as a result of such a drawing shall be unconditional and irrevocable and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including, without limitation, any of the following circumstances:

Appears in 11 contracts

Samples: Credit Agreement, Credit Agreement (Huntsman CORP), Credit Agreement (Huntsman International LLC)

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LC Obligations Unconditional. The obligation of the Borrower to reimburse a Facing Agent (or any Lender that has purchased a participation from or made a Loan to enable the Borrower to reimburse the applicable Facing Agent) for drawings made under any Letter of Credit issued by it and the obligations of each Lender to purchase participations pursuant to Section 2.9(dunder SECTION 2.10(d) as a result of such a drawing with respect thereto shall be unconditional and irrevocable and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including, without limitation, any of the following circumstances:

Appears in 1 contract

Samples: Credit Agreement (Gencorp Inc)

LC Obligations Unconditional. The obligation of the Borrower to reimburse a Facing Agent (or any Lender that has purchased a participation from or made a Loan to enable the Borrower to reimburse the applicable Facing Agent) for drawings made under any Letter of Credit issued by it and the obligations of each Lender to purchase participations pursuant to under Section 2.9(d2.10(d) as a result of such a drawing with respect thereto shall be unconditional and irrevocable and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including, without limitation, any of the following circumstances:

Appears in 1 contract

Samples: Credit Agreement (Huntsman International LLC)

LC Obligations Unconditional. The obligation of the Borrower to ---------------------------- reimburse a Facing Agent (or any Lender that has purchased a participation from or made a Loan to enable the Borrower to reimburse the applicable Facing Agent) for drawings made under any Letter of Credit issued by it and the obligations of each Lender to purchase participations pursuant to under Section 2.9(d2.10(d) as a result of such a drawing with respect thereto shall be unconditional --------------- and irrevocable and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including, without limitation, any of the following circumstances:

Appears in 1 contract

Samples: Credit Agreement (Tioxide Americas Inc)

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LC Obligations Unconditional. The obligation of the Borrower Borrowers to reimburse a Facing Agent Bank (or any Revolving Lender that has purchased a participation from or made a Loan to enable the Borrower Borrowers to reimburse the applicable Facing AgentBank) for drawings made under any Letter of Credit issued by it and the obligations of each Revolving Lender to purchase participations pursuant to under Section 2.9(d2.5(d) as a result of such a drawing with respect thereto shall be unconditional and irrevocable and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including, without limitation, any of the following circumstances:

Appears in 1 contract

Samples: Revolving Credit Agreement (Huntsman Petrochemical Finance Co)

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