Reimbursement Obligations of Lenders. Each Lender severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Lender's Commitment Percentage, to reimburse the Administrative Agent on demand for the amount of each draft paid by the Administrative Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 5.2 (such agreement for a Lender being called herein the "Letter of Credit Participation" of such Lender).
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Samples: Revolving Credit and Term Loan Agreement (Buca Inc /Mn)
Reimbursement Obligations of Lenders. Each Lender severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Lender's Commitment Percentage, to reimburse the Administrative Agent on demand for the amount of each draft paid by the Administrative Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 5.2 ss.4.2 (such agreement for a Lender being called herein the "Letter of Credit ParticipationLETTER OF CREDIT PARTICIPATION" of such Lender).
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Reimbursement Obligations of Lenders. Each Lender severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Lender's Commitment Percentage, to reimburse the Administrative Agent on demand for the amount of each draft paid by the Administrative Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers pursuant to Section 5.2 6.2 (such agreement for a Lender being called herein the "Letter of Credit Participation" of such Lender).
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Reimbursement Obligations of Lenders. Each Lender severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Lender's Commitment Percentage, to reimburse the Administrative Agent on demand for the amount of each draft paid by the Administrative Agent under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower pursuant to Section 5.2 (such agreement for a Lender being called herein the "Letter of Credit Participation" of such Lender).to
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Reimbursement Obligations of Lenders. Each Lender severally agrees that it shall be absolutely liable, without regard to the occurrence of any Default or Event of Default or any other condition precedent whatsoever, to the extent of such Lender's Commitment Percentage, to reimburse the Administrative Agent Issuing Bank on demand for the amount of each draft paid by the Administrative Agent Issuing Bank under each Letter of Credit to the extent that such amount is not reimbursed by the Borrower Borrowers or CML pursuant to Section 5.2 ss.4.2 (such agreement for a Lender being called herein the "Letter of Credit CrediT Participation" of such Lender).
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