Common use of Reimbursement by the Lenders Clause in Contracts

Reimbursement by the Lenders. To the extent that the Company fails to pay any amount required under subsection 9.2A or 9.2B to be paid by it to any Agent (or any sub-Agent thereof) or any Related Party of any of the foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-Agent) or such Related Party, as the case may be, such Lender’s Pro Rata Share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount; provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-Agent) in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-Agent) in connection with such capacity. The obligations of the Lenders under this subsection 9.2C are subject to the provisions of subsection 9.12.

Appears in 2 contracts

Samples: Credit Agreement (Real Mex Restaurants, Inc.), Credit Agreement (Real Mex Restaurants, Inc.)

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Reimbursement by the Lenders. To the extent that Holdings or the Company Borrower fails to pay any amount required under subsection 9.2A Section 10.2A or 9.2B 10.2B to be paid by it to any the Administrative Agent (or any sub-Agent agent thereof) ), any Issuing Bank or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative Agent (or any such sub-Agent) agent), any Issuing Bank or such Related Party, as the case may be, such Lender’s Pro Rata Share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount; provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-Agentagent) or such Issuing Bank in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-Agentagent) or such Issuing Bank in connection with such capacity. The obligations of the Lenders under this subsection 9.2C Section 10.2C are subject to the provisions of subsection 9.12Section 10.12.

Appears in 2 contracts

Samples: Credit Agreement (Taylor Morrison Home Corp), Credit Agreement (Taylor Morrison Home Corp)

Reimbursement by the Lenders. To the extent that Holdings or the Company Borrower fails to pay any amount required under subsection 9.2A Section 10.2A or 9.2B 10.2B to be paid by it to any Agent (or any sub-Agent thereof) ), any Issuing Bank or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative such Agent (or any such sub-Agent) ), any Issuing Bank or such Related Party, as the case may be, such Lender’s Pro Rata Share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount; provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative such Agent (or any such sub-Agent) or such Issuing Bank in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative such Agent (or any such sub-Agent) or such Issuing Bank in connection with such capacity. The obligations of the Lenders under this subsection 9.2C Section 10.2C are subject to the provisions of subsection 9.12Section 10.12.

Appears in 1 contract

Samples: Security Agreement (Brookfield Residential Properties Inc.)

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Reimbursement by the Lenders. To the extent that Holdings or the Company Borrower fails to pay any amount required under subsection 9.2A Section 10.2A or 9.2B 10.2B to be paid by it to any the Administrative Agent (or any sub-Agent agent thereof) ), any Issuing Bank or any Related Party of any of the foregoingforegoing (and without limiting their obligation to do so), each Lender severally agrees to pay to the Administrative Agent (or any such sub-Agent) agent), any Issuing Bank or such Related Party, as the case may be, such LenderXxxxxx’s Pro Rata Share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount; provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-Agentagent) or such Issuing Bank in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-Agentagent) or such Issuing Bank in connection with such capacity. The obligations of the Lenders under this subsection 9.2C Section 10.2C are subject to the provisions of subsection 9.12Section 10.12.

Appears in 1 contract

Samples: Credit Agreement (Taylor Morrison Home Corp)

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