Common use of The Reimbursement Obligations Clause in Contracts

The Reimbursement Obligations. Subject to Section 2.3(b) hereof, the obligation of the Borrower to reimburse the Issuing Agent for all drawings under a Letter of Credit (a "REIMBURSEMENT OBLIGATION") shall be governed, to the extent not inconsistent with this Agreement, by the Application related to such Letter of Credit, except that reimbursement of each drawing shall be made in immediately available funds at the Agent's bank account maintained in Chicago, Illinois (or such other place as specified in writing from time to time by the Agent) by no later than 12:00 Noon (Chicago time) on the date when such drawing is paid or, if such drawing was paid after 11:30 a.m. (Chicago time), by the end of such day. If the Borrower does not make any such reimbursement payment on the date due (whether through a deemed request for a Base Rate Loan pursuant to Section 2.6(c) or otherwise) and the Banks fund their participations therein in the manner set forth in Section 2.3(d) below, then all payments thereafter received by the Agent in discharge of any of the relevant Reimbursement Obligations shall be distributed in accordance with Section 2.3(d) below.

The Reimbursement Obligations. Subject to Section 2.3(b2.2(b) hereof, the obligation of the Borrower to reimburse the applicable Issuing Agent Bank for all drawings under a Letter of Credit (a "REIMBURSEMENT OBLIGATION"“Reimbursement Obligation”) shall be governed, to the extent not inconsistent with this Agreement, by the Master Letter of Credit Agreement and the Application related to such Letter of Credit, except that reimbursement of each drawing shall be made in immediately available funds at the Agent's bank account maintained applicable Issuing Bank’s principal office in ChicagoNew York, Illinois (or such other place as specified in writing from time to time by the Agent) New York by no later than 12:00 Noon 12:30 p.m. (Chicago time) on the date when such drawing is paid or, if such drawing was paid after 11:30 a.m. p.m. (Chicago time), by 10:30 a.m. (Chicago time) the end of such next day. If the Borrower does not make any such reimbursement payment on the date due (whether through a deemed request for a Base Rate Loan pursuant to Section 2.6(c2.5(c) or otherwise) and the Banks fund their participations therein in the manner set forth in Section 2.3(d2.2(d) below, then all payments thereafter received by the Agent an Issuing Bank in discharge of any of the relevant Reimbursement Obligations shall be distributed in accordance with Section 2.3(d2.2(d) below. An Issuing Bank shall notify Borrower promptly of its intent to pay, or payment of, a drawing under a Letter of Credit.

The Reimbursement Obligations. Subject to Section 2.3(b) hereof, the obligation of the Borrower to reimburse the Issuing Agent for all drawings under a Letter of Credit (a "REIMBURSEMENT OBLIGATION"“Reimbursement Obligation”) shall be governed, to the extent not inconsistent with this Agreement, by the Application related to such Letter of Credit, except that reimbursement of each drawing shall be made in immediately available funds at the Agent's ’s bank account maintained in Chicago, Illinois (or such other place as specified in writing from time to time by the Agent) by no later than 12:00 Noon (Chicago time) on the date when such drawing is paid or, if such drawing was paid after 11:30 a.m. (Chicago time), by the end of such day. If the Borrower does not make any such reimbursement payment on the date due (whether through a deemed request for a Base Rate Loan pursuant to Section 2.6(c) or otherwise) and the Banks fund their participations therein in the manner set forth in Section 2.3(d) below, then all payments thereafter received by the Agent in discharge of any of the relevant Reimbursement Obligations shall be distributed in accordance with Section 2.3(d) below.

The Reimbursement Obligations. Subject to Section 2.3(b2.2(b) hereof, the obligation of the Borrower to reimburse the applicable Issuing Agent for all drawings under a Letter of Credit (a "REIMBURSEMENT OBLIGATIONReimbursement Obligation") shall be governed, to the extent not inconsistent with this Agreement, by the Master Letter of Credit Agreement and the Application related to such Letter of Credit, except that reimbursement of each drawing shall be made in immediately available funds at the applicable Issuing Agent's bank account maintained principal office in ChicagoNew York, Illinois (or such other place as specified in writing from time to time by the Agent) New York by no later than 12:00 Noon 1:30 p.m. (Chicago New York time) on the date when such drawing is paid or, if such drawing was paid after 11:30 a.m. 1:30 p.m. (Chicago New York time), by the end of such day. If the Borrower does not make any such reimbursement payment on the date due (whether through a deemed request for a Base Rate Loan pursuant to Section 2.6(c2.5(c) or otherwise) and the Banks fund their participations therein in the manner set forth in Section 2.3(d2.2(d) below, then all payments thereafter received by the an Issuing Agent in discharge of any of the relevant Reimbursement Obligations shall be distributed in accordance with Section 2.3(d) below.2.2(d)