Common use of Reimbursement Obligations Absolute Clause in Contracts

Reimbursement Obligations Absolute. (I) The obligations of the Borrower hereunder with respect to Letters shall be absolute, unconditional and irrevocable and shall not be reduced by any event or occurrence including, without limitation:

Appears in 3 contracts

Samples: Credit Agreement (Fortis Inc.), Credit Agreement (Fortis Inc.), Credit Agreement (Fortis Inc.)

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Reimbursement Obligations Absolute. (I) The obligations Reimbursement Obligations of the Borrower hereunder with respect to Letters the Lender shall be absolute, unconditional and irrevocable irrevocable, and shall not be reduced by any event or occurrence paid strictly in accordance with the terms of this Agreement, under all circumstances whatsoever, including, without limitation, the following circumstances:

Appears in 1 contract

Samples: Loan and Security Agreement (Ronson Corp)

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