Reimbursement Obligation the obligation of the Borrower to reimburse the Issuing Lender pursuant to Section 3.5 for amounts drawn under Letters of Credit.
Reimbursement Obligation means the obligation of the Borrower to reimburse the Issuing Bank pursuant to Section 2.5(e) for amounts drawn under Letters of Credit.
Reimbursement Obligation is defined in Section 2.6.3.
Examples of Reimbursement Obligation in a sentence
The Seller may use the proceeds of any purchase by the Purchasers hereunder to satisfy its Reimbursement Obligation to the XX Xxxxx (ratably, based on the outstanding amounts funded by each LC Bank) pursuant to Section 1.14(b) below.
More Definitions of Reimbursement Obligation
Reimbursement Obligation means the absolute, unconditional and irrevocable obligation of the Borrower to reimburse the Issuing Bank for any drawing honored by the Issuing Bank under a Letter of Credit.
Reimbursement Obligation shall have the meaning set forth in Section 2.14(b) hereof.
Reimbursement Obligation has the meaning specified in Section 2.18(c).
Reimbursement Obligation means at any time, the obligation of the Borrower with respect to any Letter of Credit to reimburse the Issuing Bank and the Lenders to the extent of their respective Participations (including by the receipt by the Issuing Bank of proceeds of Loans pursuant to Section 3.2) for amounts theretofore paid by the Issuing Bank pursuant to a drawing under such Letter of Credit.
Reimbursement Obligation is defined in Section 3.7 hereof.
Reimbursement Obligation means the obligation of the Borrower to reimburse the Issuing Lender pursuant to Section 2.3(d) for amounts drawn under Letters of Credit.
Reimbursement Obligation means the absolute, unconditional and irrevocable obligation of the Borrower to reimburse the Agent for any drawing honored by the Agent under a Letter of Credit.