Common use of Obligation Absolute Clause in Contracts

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 2007-1 Letter of Credit to reimburse the Series 2007-1 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 3 contracts

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc), Application and Agreement (Dollar Thrifty Automotive Group Inc), Application and Agreement (Dollar Thrifty Automotive Group Inc)

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Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20072005-1 Letter of Credit to reimburse the Series 20072005-1 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 2 contracts

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc), Application and Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20072000-1 Letter of Credit to reimburse the Series 20072000-1 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 2 contracts

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc), Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20072004-1 Letter of Credit to reimburse the Series 20072004-1 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 2 contracts

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc), Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20072006-1 Letter of Credit to reimburse the Series 20072006-1 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 2 contracts

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc), Application and Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20072010-1 3 Letter of Credit to reimburse the Series 20072010-1 3 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 2 contracts

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc), Application and Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20072011-1 2 Letter of Credit to reimburse the Series 20072011-1 2 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 2 contracts

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc), Application and Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20072011-1 Letter of Credit to reimburse the Series 20072011-1 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 2 contracts

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc), Application and Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20072001-1 Letter of Credit to reimburse the Series 20072001-1 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 1 contract

Samples: Letter of Credit Application and Agreement (Dollar Thrifty Automotive Group Inc)

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Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20072003-1 Letter of Credit to reimburse the Series 20072003-1 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 1 contract

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20072002-1 Letter of Credit to reimburse the Series 20072002-1 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 1 contract

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20071999-1 Letter of Credit to reimburse the Series 20071999-1 Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 1 contract

Samples: Application and Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 20071997-1 Letter of Credit to reimburse the Series 20071997-1 Letter of Credit Provider with respect to each Series 1997-1 LOC Credit Disbursement and the Series 1997-1 LOC Termination Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 1 contract

Samples: Credit Agreement (Dollar Thrifty Automotive Group Inc)

Obligation Absolute. The payment obligations of each of DTAG and each Lessee under this Agreement and any other agreement or instrument relating to the Series 2007-1 [TBD] Letter of Credit to reimburse the Series 2007-1 [TBD] Letter of Credit Provider with respect to each LOC Disbursement shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances:

Appears in 1 contract

Samples: Credit Agreement (Dollar Thrifty Automotive Group Inc)

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