Common use of Participations, Drawings and Reimbursements Clause in Contracts

Participations, Drawings and Reimbursements. (a) Immediately upon the issuance of each Letter of Credit, each Bank with a Revolving Commitment shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Bank a participation in such Letter of Credit and each drawing thereunder in an amount equal to the product of (i) the Revolving Commitment Percentage of such Bank multiplied by (ii) the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

Participations, Drawings and Reimbursements. (a) Immediately upon the issuance of each Letter of Credit, each Bank with a Revolving Commitment shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Bank a participation in such Letter of Credit and each drawing thereunder in an amount equal to the product of (i) the Revolving Commitment Percentage of such Bank multiplied by times (ii) the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

Participations, Drawings and Reimbursements. (a) Immediately upon the issuance Issuance of each Letter of Credit, each Bank with a Revolving Commitment Committed Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Bank a participation in such Letter of Credit and each drawing thereunder in an amount equal to the product of (i) the Revolving Commitment Percentage of such Bank multiplied by Committed Lender's Pro Rata Share times (ii) the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

Participations, Drawings and Reimbursements. (a) Immediately upon the issuance of each Letter of Credit, each Bank with a Revolving Commitment shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Bank a participation in such Letter of Credit and each drawing thereunder in an amount equal to the product of (i) the Revolving Commitment Percentage of such Bank multiplied by (ii) the maximum amount available to be drawn under ------------- such Letter of Credit and the amount of such drawing, respectively.

Participations, Drawings and Reimbursements. (a) Immediately upon the issuance Issuance of each Letter of Credit, each Bank with a Revolving Commitment Committed Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Bank a participation in such Letter of Credit and each drawing thereunder in an amount equal to the product of (i) the Revolving Commitment Percentage of such Bank multiplied by Committed Lender’s Pro Rata Share times (ii) the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

Participations, Drawings and Reimbursements. (a) Immediately upon the issuance of each Letter of Credit, each Bank with a Revolving Commitment shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Bank a participation in such Letter of Credit and each drawing thereunder in an amount equal to the product of (i) the Revolving Commitment Percentage of such Bank multiplied by ------------- (ii) the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

Participations, Drawings and Reimbursements. (ai) Immediately upon the issuance of each Letter of Credit, each Bank with a Revolving Commitment (other than the Issuing Bank) shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase have irrevocably purchased from the Issuing Bank a participation in such Letter of Credit and each drawing thereunder in an amount a percentage equal to the product of (i) the Revolving Commitment Percentage of such Bank multiplied by (ii) the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectivelyBank.