Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Subsidiary, the Borrowers shall be obligated to reimburse the applicable L/C Issuer hereunder for any and all drawings under such Letter of Credit. The Borrowers hereby acknowledge that the issuance of Letters of Credit for the account of Restricted Subsidiaries inures to the benefit of the Borrowers, and that the Borrowers’ business derives substantial benefits from the businesses of such Restricted Subsidiaries.
Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, or otherwise will benefit, a Restricted Subsidiary, the BorrowersBorrower shall be obligated to reimburse the applicable L/C Issuer hereunder for any and all drawings under such Letter of Credit. The BorrowersBorrower hereby acknowledgeacknowledges that the issuance of Letters of Credit for the accountbenefit of Restricted Subsidiaries inures to the benefitaccount of the Borrowers,Borrower, and that the Borrowers’Borrower’s business derives substantial benefits from the businesses of such Restricted Subsidiaries.
Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Subsidiary, the BorrowersBorrower shall be obligated to reimburse the applicable L/C Issuer hereunder for any and all drawings under such Letter of Credit. The BorrowersBorrower hereby acknowledgeacknowledges that the issuance of Letters of Credit for the account of Restricted Subsidiaries inures to the benefit of the Borrowers,Borrower, and that the Borrowers’Borrower’s business derives substantial benefits from the businesses of such Restricted Subsidiaries. In the event that the Borrower requests any Letter of Credit to be issued for the benefit or account of a Restricted Subsidiary, such Restricted Subsidiary shall deliver documentation (including, without limitation, customary letter of credit requests and reimbursement agreements) as may be reasonably requested by the Administrative Agent or the applicable L/C Issuer.
Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Subsidiary, the Borrowersrelevant Borrower shall be obligated to reimburse the applicableany L/C Issuer hereunder for any and all drawings under such Letter of Credit. The BorrowersEach Borrower hereby acknowledgeacknowledges that the issuance of Letters of Credit for the account of Restricted Subsidiaries inures to the benefit of the Borrowers,such Borrower, and that the Borrowers’such Borrower’s business derives substantial benefits from the businesses of such Restricted Subsidiaries.
Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Subsidiary,Subsidiary of a Borrower, the Borrowersapplicable Borrower shall be obligated to reimburse the applicable L/C Issuer hereunder for any and all drawings under such Letter of Credit. The BorrowersEach Borrower hereby acknowledgeacknowledges that the issuance of Letters of Credit for the account of Restrictedits respective Subsidiaries inures to the benefit of the Borrowers,such Borrower, and that the Borrowers’such Borrower’s business derives substantial benefits from the businesses of such Restricted Subsidiaries.
Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Subsidiary, the BorrowersBorrower shall be obligated to reimburse the applicable L/C Issuer hereunder for any and all drawings under such Letter of Credit. The BorrowersBorrower hereby acknowledgeacknowledges that the issuance of Letters of Credit for the account of Restrictedany of its Subsidiaries inures to the benefit of the Borrowers,Borrower, and that the Borrowers’Borrower’s business derives substantial benefits from the businesses of such Restricted Subsidiaries.
Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Subsidiary, the BorrowersCompany shall be obligated to reimburse the applicable L/C Issuer hereunder for any and all drawings under such Letter of Credit. The BorrowersCompany hereby acknowledgeacknowledges that the issuance of Letters of Credit for the account of Restricted Subsidiaries inures to the benefit of the Borrowers,Company, and that the Borrowers’Company’s business derives substantial benefits from the businesses of such Restricted Subsidiaries.
Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Subsidiary, the Borrowers shall be obligated to reimburse the applicable L/C Issuer hereunder for any and all drawings under such Letter of Credit. The Borrowers hereby acknowledgeacknowledges that the issuance of Letters of Credit for the account of Restricted Subsidiaries inures to the benefit of the Borrowers,, and that the Borrowers’’s business derives substantial benefits from the businesses of such Restricted Subsidiaries.
Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Subsidiary, the Borrowers shall be obligated to reimbursereimburse, indemnify and compensate the applicable L/C Issuer hereunder for any and all drawings under such Letter of Credit as if such Letter of Credit had been issued solely for the account of the Borrowers. Each Borrower irrevocably waives any and all defenses that might otherwise be available to it as a guarantor or surety of any or all of the obligations of such Subsidiary in respect of such Letter of Credit. The BorrowersEach Borrower hereby acknowledgeacknowledges that the issuance of Letters of Credit for the account of Restricted Subsidiaries inures to the benefit of the Borrowers,such Borrower, and that the Borrowers’each Borrower’s business derives substantial benefits from the businesses of such Restricted Subsidiaries.
Letters of Credit Issued for Restricted Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Subsidiary, the Borrowers shall be obligated to reimbursereimburse, indemnify and compensate the applicable L/C Issuer hereunder for any and all drawings under such Letter of Credit as if such Letter of Credit had been issued solely for the account of the Borrowers. Each Borrower irrevocably waives any and all defenses that might otherwise be available to it as a guarantor or surety of any or all of the obligations of such Subsidiary in respect of such Letter of Credit. The BorrowersEach Borrower hereby acknowledgeacknowledges that the issuance of Letters of Credit for the account of Restricted Subsidiaries inures to the benefit of the Borrowers,such Borrower, and that the Borrowers’each Borrower’s business derives substantial benefits from the businesses of such Restricted Subsidiaries.
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