Common use of Payments Pursuant to Letters of Credit Clause in Contracts

Payments Pursuant to Letters of Credit. Each Borrower agrees to reimburse immediately the Letter of Credit Issuer for any draw under any Letter of Credit and to pay the Letter of Credit Issuer the amount of all other charges and fees payable to the Letter of Credit Issuer in connection with any Letter of Credit immediately when due, irrespective of any claim, setoff, defense or other right which any Borrower may have at any time against the Letter of Credit Issuer or any other Person. Each drawing under any Letter of Credit shall constitute a request by a Borrower to the Agent for a Borrowing of a Base Rate Loan in the amount of such drawing. The funding date with respect to such Borrowing shall be the date of such drawing.

Payments Pursuant to Letters of Credit. Each Borrower agrees The Borrowers agree to reimburse immediately the Letter of Credit Issuer immediately for any draw under any Letter of Credit and to pay the Letter of Credit Issuer the amount of all other charges and fees payable to the Letter of Credit Issuer under or in connection with any Letter of Credit immediately when due, irrespective of any claim, setoff, defense defense, or other right which any Borrower that the Borrowers may have at any time against the Letter of Credit Issuer or any other Person. Each drawing under any Letter of Credit shall constitute a request by a Borrower to the Agent Borrowers for a Borrowing of a Base Rate Loan in the amount of such drawing. The funding date Funding Date with respect to such Borrowing shall be the date of such drawing.

Payments Pursuant to Letters of Credit. Each Borrower agrees The Borrowers agree to reimburse immediately the Letter of Credit Issuer for any draw under any Letter of Credit Credit, and to pay the Letter of Credit Issuer the amount of all other charges and fees payable to the Letter of Credit Issuer in connection with any Letter of Credit immediately when due, irrespective of any claim, setoff, defense or other right which any Borrower the Borrowers may have at any time against the Letter of Credit Issuer or any other Person. Each drawing under any Letter of Credit shall constitute a request by a Borrower the Borrowers to the Collateral Agent for a Borrowing of a Base Rate Revolving Loan in the amount of such drawing. The funding date Funding Date with respect to such Borrowing shall be the date of such drawing.

Payments Pursuant to Letters of Credit. Each Borrower agrees to reimburse immediately the Letter of Credit Issuer for any draw under any Letter of Credit and to pay the Letter of Credit Issuer the amount of all other charges and fees payable to the Letter of Credit Issuer in connection with any Letter of Credit immediately when due, irrespective of any claim, setoff, defense or other right which any Borrower may have at any time against the Letter of Credit Issuer or any other Person. Each drawing under any Letter of Credit shall constitute a request by a Borrower to the Agent for a Borrowing of a Base Rate Loan in the amount of such drawing. The funding date with respect to such Borrowing shall be the date of such drawing.

Payments Pursuant to Letters of Credit. Each The Borrower agrees to reimburse immediately the Letter of Credit Issuer for any draw under any Letter of Credit and to pay the Letter of Credit Issuer the amount of all other charges and fees payable to the Letter of Credit Issuer in connection with any Letter of Credit immediately when due, irrespective of any claim, setoff, defense or other right which any the Borrower may have at any time against the Letter of Credit Issuer or any other Person. Each drawing under any Letter of Credit shall constitute a request by a the Borrower to the Agent for a Borrowing of a Base Rate Loan in the amount of such drawing. The funding date Funding Date with respect to such Borrowing borrowing shall be the date of such drawing.

Payments Pursuant to Letters of Credit. Each Borrower agrees jointly and severally to reimburse immediately the Letter of Credit Issuer immediately for any draw under any Letter of Credit and to pay the Letter of Credit Issuer the amount of all other charges and fees payable to the such Letter of Credit Issuer in connection with any Letter of Credit immediately when due, irrespective of any claim, setoff, defense or other right which any Borrower may have at any time against the such Letter of Credit Issuer or any other Person. Each drawing under any Letter of Credit shall constitute a request by a Borrower Borrowers to the DIP Agent for a Borrowing of a Base Rate Revolver Loan in the amount of such drawing. The funding date with respect to such Borrowing shall be the date of such drawing.