Common use of Nature of Reimbursement Obligations Clause in Contracts

Nature of Reimbursement Obligations. Each Borrower and, to the extent set forth in Section 3.2.1, each Lender shall assume all risks of the acts, omission or misuse of any Letter of Credit by the beneficiary thereof. No Issuer or any Lender (except to the extent of its own gross negligence or willful misconduct as finally determined by a court of competent jurisdiction) shall be responsible for:

Nature of Reimbursement Obligations. Each The Borrower and, to the extent set forth in Section 3.2.1, each Lender shall assume all risks of the acts, omission omissions, or misuse of any Letter of Credit by the beneficiary thereof. No Neither any Issuer or nor any Lender (except to the extent of its own gross negligence or willful misconduct as finally determined by a court of competent jurisdictionwilful misconduct) shall be responsible for:

Nature of Reimbursement Obligations. Each The Borrower and, to the extent set forth in Section 3.2.12.7.2, each Lender shall assume all risks of the acts, omission omissions or misuse of any Letter of Credit by the beneficiary thereof. No Neither the Issuer or any Lender (except to the extent a final judgment of its own a court of competent jurisdiction has determined that the Issuer has acted with gross negligence or willful misconduct as finally determined by a court of competent jurisdiction) misconduct), the Agent nor any Lender shall be responsible for:

Nature of Reimbursement Obligations. Each Borrower and, to the extent set forth in Section SECTION 3.2.1, each Lender shall assume all risks of the acts, omission or misuse of any Letter of Credit by the beneficiary thereof. No Issuer (with respect to Pro-Rata Letters of Credit and Non-Rata Letters of Credit) or any Lender (except to the extent of its own gross negligence or willful misconduct as finally determined by a court of competent jurisdictionmisconduct) shall be responsible for:

Nature of Reimbursement Obligations. Each Borrower Borrower, each other Obligor and, to the extent set forth in Section 3.2.1SECTION 2.6.1, each Lender shall assume all risks of the acts, omission omissions or misuse of any Letter of Credit by the beneficiary thereof. No Issuer or any Lender (except to the extent of its own gross negligence or willful misconduct as finally determined by a court of competent jurisdictionwilful misconduct) shall be responsible for:

Nature of Reimbursement Obligations. Each Primary Borrower and, to the extent set forth in Section SECTION 3.2.1, each Lender shall assume all risks of the acts, omission or misuse of any Letter of Credit by the beneficiary thereof. No Issuer (with respect to Pro-Rata Letters of Credit and Non-Rata Letters of Credit) or any Lender (except to the extent of its own gross negligence or willful misconduct as finally determined by a court of competent jurisdictionmisconduct) shall be responsible for:

Nature of Reimbursement Obligations. Each Borrower Borrower, each other Obligor and, to the extent set forth in Section 3.2.1SECTION 2.6.1, each Lender shall assume all risks of the acts, omission omissions or misuse of any Letter of Credit by the beneficiary thereof. No Neither Issuer or any Lender (except to the extent of its own gross negligence or willful misconduct as finally determined by a court of competent jurisdictionwilful misconduct) shall be responsible for: