Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 90 contracts
Samples: Credit Agreement (Penn Virginia Corp), Credit Agreement (Rowan Companies PLC), Credit Agreement (Berry Petroleum Corp)
Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding including, without limitation, the following circumstances:
Appears in 40 contracts
Samples: Credit Agreement (Resaca Exploitation, Inc.), Credit Agreement (Stone Energy Corp), Credit Agreement (Brigham Exploration Co)
Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding including the following circumstances:
Appears in 16 contracts
Samples: Credit Agreement (Crusader Energy Group Inc.), Credit Agreement (Abraxas Petroleum Corp), Credit Agreement (Abraxas Energy Partners LP)
Obligations Unconditional. The Except to the extent provided in Section 2.13(e), the obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 11 contracts
Samples: Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Senior Credit Agreement (Eagle Hospitality Properties Trust, Inc.), Senior Unsecured Credit Agreement (Lasalle Hotel Properties)
Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 8 contracts
Samples: Credit Agreement (Quintana Energy Services Inc.), Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc), Secured Credit Agreement (Interstate Hotels & Resorts Inc)
Obligations Unconditional. The obligations of the Borrower Borrowers under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding including, without limitation, the following circumstances:
Appears in 7 contracts
Samples: Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Mariner Energy Inc)
Obligations Unconditional. The obligations of the each Borrower under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 6 contracts
Samples: Credit Agreement (Rowan Companies PLC), Credit Agreement (Rowan Companies PLC), Credit Agreement (Global Industries LTD)
Obligations Unconditional. The obligations of the Borrower Borrowers under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstancesincluding:
Appears in 5 contracts
Samples: Credit Agreement (Transatlantic Petroleum Ltd.), Credit Agreement (Transatlantic Petroleum Ltd.), Credit Agreement (Transatlantic Petroleum Ltd.)
Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit Section 2.03(e) above shall be absolute, unconditional and irrevocable, and shall be paid performed strictly in accordance with the terms of this Agreement Agreement, under all circumstancescircumstances whatsoever, notwithstanding including without limitation the following circumstances:
Appears in 5 contracts
Samples: Credit Agreement (Spectra Energy Partners, LP), Credit Agreement (Spectra Energy Corp.), Credit Agreement (Spectra Energy Capital, LLC)
Obligations Unconditional. The obligations of the Borrower Borrowers under this Agreement in respect of each Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 4 contracts
Samples: Credit Agreement (MxEnergy Holdings Inc), Credit Agreement (Total Gas & Electricity (PA) Inc), Credit Agreement (MxEnergy Holdings Inc)
Obligations Unconditional. The obligations of the Borrower Borrowers under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 4 contracts
Samples: Credit Agreement (Arkansas Best Corp /De/), Credit Agreement (Edge Petroleum Corp), Credit Agreement (Edge Petroleum Corp)
Obligations Unconditional. The obligations of the Borrower under this ------------------------- Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 4 contracts
Samples: Credit Agreement (American General Hospitality Corp), Credit Agreement (American General Hospitality Corp), Management Agreement (American General Hospitality Corp)
Obligations Unconditional. The obligations of the Borrower Borrowers under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding including, without limitation, the following circumstances:
Appears in 3 contracts
Samples: Secured Credit Agreement (Cross Border Resources, Inc.), Secured Credit Agreement (Red Mountain Resources, Inc.), Secured Credit Agreement (Cross Border Resources, Inc.)
Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (Select Energy Services, Inc.), Credit Agreement (Select Energy Services, Inc.)
Obligations Unconditional. The obligations of the Borrower and the Guarantors under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding including, without limitation, the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (Crosstex Energy Lp), Credit Agreement (Crosstex Energy Lp)
Obligations Unconditional. The obligations of the each Borrower under this Agreement in respect of each Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement (including, other than as set forth in Section 2.13(a), any Letter of Credit Application) under all circumstances, notwithstanding the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (Vantage Drilling CO), Credit Agreement (Vantage Drilling CO)
Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:circumstances (including the Issuing Bank’s own negligence, but excluding gross negligence or willful misconduct by the Issuing Bank):
Appears in 2 contracts
Samples: Credit Agreement (Diamondback Energy Services, Inc.), Credit Agreement (Diamondback Energy Services, Inc.)
Obligations Unconditional. The obligations reimbursement obligation of the Borrower under this Agreement Borrowers pursuant to Section 2.2(c) in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (NCS Multistage Holdings, Inc.), Credit Agreement (NCS Multistage Holdings, Inc.)
Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement (including, other than as set forth in Section 2.13(a), any Letter of Credit Application) under all circumstances, notwithstanding the following circumstances:
Appears in 2 contracts
Samples: Credit Agreement (Vantage Drilling International), Credit Agreement
Obligations Unconditional. The obligations of the Borrower (including, without limitation, the reimbursement obligations provided for in clause (c) above) under this Agreement in respect of each Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc)
Obligations Unconditional. The obligations of the Borrower and each Bank under this Agreement and the Letter of Credit Applications to make payments as required to reimburse the Issuing Bank for draws under Letters of Credit and to make other payments due in respect of each Letter Letters of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and the Letter of Credit Applications under all circumstances, notwithstanding the following circumstances:all
Appears in 1 contract
Samples: Credit Agreement (Integrated Electrical Services Inc)
Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:: 57
Appears in 1 contract
Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be unconditional unconditional, irrevocable and irrevocableabsolute, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 1 contract
Obligations Unconditional. The obligations of the US Borrower under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 1 contract
Obligations Unconditional. The obligations of the Borrower Company under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 1 contract
Obligations Unconditional. The obligations of the Borrower under ------------------------- this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 1 contract
Obligations Unconditional. The Except to the extent provided in ------------------------- Section 2.13(e), the obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 1 contract
Obligations Unconditional. The obligations of the Borrower under this Agreement and the Letter of Credit Applications to reimburse the Lender for draws under Letters of Credit and to make other payments due in respect of each Letter Letters of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and the Letter of Credit Applications under all circumstances, notwithstanding the following circumstancesincluding:
Appears in 1 contract
Obligations Unconditional. The Reimbursement Obligations and other obligations of the Borrower Borrowers under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 1 contract
Obligations Unconditional. The obligations of the each Borrower under this Agreement in respect of each Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 1 contract
Obligations Unconditional. The obligations of the Borrower under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding including, without limitation, the following circumstances:
Appears in 1 contract
Obligations Unconditional. The obligations of the Borrower under this ------------------------- Agreement in respect of each Letter of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding the following circumstances:
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Meristar Hotels & Resorts Inc)
Obligations Unconditional. The obligations of the Borrower Obligors under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding including, without limitation, the following circumstances:
Appears in 1 contract
Samples: Credit Agreement (Mesa Inc)
Obligations Unconditional. The obligations of the Borrower and each Bank under this Agreement and the Letter of Credit Applications to make payments as required to reimburse the Issuing Bank for draws under Letters of Credit and to make other payments due in respect of each Letter Letters of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement and the Letter of Credit Applications under all circumstances, notwithstanding the following circumstances:including: (i) any lack of validity or enforceability of any
Appears in 1 contract
Samples: Credit Agreement (Tyler Corp /New/)
Obligations Unconditional. The obligations of the U.S. ------------------------- Borrower under this Agreement in respect of each Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding including, without limitation, the following circumstances:
Appears in 1 contract
Samples: Credit Agreement (Wiser Oil Co)
Obligations Unconditional. The obligations of the Borrower Borrowers under this Agreement in respect of each Letter letter of Credit credit issued hereunder shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, notwithstanding including, without limitation, the following circumstances:
Appears in 1 contract
