Reimbursement of Letters of Credit. The obligation of Borrower to reimburse any drawing under any Letter of Credit shall be absolute, unconditional and irrevocable and shall be paid and performed strictly in accordance with the terms of this Agreement under all circumstances, whatsoever, including, without limitation, the following:
Appears in 3 contracts
Samples: Credit Agreement (Chromcraft Revington Inc), Assignment Agreement (Lilly Industries Inc), Credit Agreement (Chromcraft Revington Inc)
Reimbursement of Letters of Credit. The obligation of Borrower to reimburse any drawing under any Letter of Credit shall be absolute, unconditional and irrevocable and shall be paid and performed strictly in accordance with the terms of this Agreement under all circumstances, whatsoeverother than in the case of gross negligence or willful misconduct of the Administrative Agent, the LC Issuer or a Lender, including, without limitation, the following:
Appears in 2 contracts
Samples: Credit Agreement (Vectren Corp), Assignment Agreement (Vectren Corp)
Reimbursement of Letters of Credit. The obligation of Borrower ---------------------------------- to reimburse any drawing under any Letter of Credit shall be absolute, unconditional and irrevocable and shall be paid and performed strictly in accordance with the terms of this Agreement under all circumstances, whatsoever, including, without limitation, the following, other than in the case of gross negligence or willful misconduct of the Agent or a Lender:
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Reimbursement of Letters of Credit. The obligation of the Borrower to reimburse any drawing under any Letter of Credit shall be absolute, unconditional and irrevocable and shall be paid and performed strictly in accordance with the terms of this Agreement under all circumstances, whatsoever, including, without limitation, the following:following circumstances (other than in the case of gross negligence or conduct constituting malfeasance of the Lender):
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Reimbursement of Letters of Credit. The obligation of Borrower to ---------------------------------- reimburse any drawing under any Letter of Credit shall be absolute, unconditional and irrevocable and shall be paid and performed strictly in accordance with the terms of this Agreement under all circumstances, whatsoever, including, without limitation, the following, other than in the case of gross negligence or willful misconduct of the Agent or a Lender:
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