Common use of Reimbursement Obligation of the Borrowers Clause in Contracts

Reimbursement Obligation of the Borrowers. In order to induce the Issuing Banks to issue, extend and renew the Letters of Credit and the Banks to participate therein, the Borrowers hereby agree to reimburse or pay to the applicable Issuing Bank, for the account of such Issuing Bank or (as the case may be) the Banks, with respect to each Letter of Credit issued, extended or renewed by such Issuing Bank hereunder,

Appears in 4 contracts

Samples: Revolving Credit Agreement (Waste Industries Usa Inc), Revolving Credit Agreement (Waste Industries Usa Inc), Revolving Credit Agreement (Waste Industries Usa Inc)

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Reimbursement Obligation of the Borrowers. In order to induce the each Issuing Banks Bank to issue, extend and renew the Letters each Letter of Credit and the Banks Lenders to participate therein, the Borrowers hereby jointly and severally agree to reimburse or pay to the applicable Issuing BankAdministrative Agent, for the account of such the applicable Issuing Bank or (as the case may be) the BanksLenders, with respect to each Letter of Credit issued, extended or renewed by such the Issuing Bank hereunder,hereunder at the request of any Borrower:

Appears in 1 contract

Samples: Revolving Credit Agreement (Borders Group Inc)

Reimbursement Obligation of the Borrowers. In order to induce the Issuing Banks Bank to issue, extend and renew the Letters each Letter of Credit and the Banks to participate thereinCredit, the Borrowers hereby agree to reimburse or pay to the applicable Issuing Bank, for the account of such Issuing Bank or (as the case may be) the Banks, with respect to each Letter of Credit issued, extended or renewed by such Issuing the Bank hereunder,

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Rogers Corp)

Reimbursement Obligation of the Borrowers. In order to induce the Issuing Banks to issue, extend and renew the Letters of Credit and the Banks to participate therein, the Borrowers hereby agree severally agrees to reimburse or pay to the applicable Issuing Bank, for the account of such the Issuing Bank or (as the case may be) the BanksLenders, with respect to each Letter of Credit issued, extended or renewed by such the Issuing Bank hereunder,

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Century Aluminum Co)

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Reimbursement Obligation of the Borrowers. In order to induce the Issuing Banks Bank to issue, extend and renew the Letters each Letter of Credit and the Banks to participate thereinCredit, the Borrowers hereby agree to reimburse or pay to the applicable Issuing Bank, for the account of such the Issuing Bank or (as the case may be) the BanksLenders, with respect to each Letter of Credit issued, extended or renewed by such the Issuing Bank hereunder,hereunder as follows:

Appears in 1 contract

Samples: Credit Agreement (Goldendale Aluminum Co)

Reimbursement Obligation of the Borrowers. In order to induce the Issuing Banks to issue, extend and renew the Letters each Letter of Credit and the Banks to participate thereinCredit, the Borrowers applicable Borrower hereby agree agrees to reimburse or pay to the applicable each Issuing Bank, for the account of such Issuing Bank or (as the case may be) the Banks, with respect to each Letter of Credit issued, extended or renewed by such Issuing Bank hereunder,, as follows:

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Management Inc)

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