Common use of Method of Reimbursement Clause in Contracts

Method of Reimbursement. The Company shall reimburse the Agent Bank (which shall immediately forward such funds, in the form received, to the applicable Letter of Credit Bank) for each Drawing under any Letter of Credit in the following manner: (i) the Company shall immediately reimburse the Agent Bank in accordance with Section 3.6. hereof; or (A) if the Company has not reimbursed the Agent Bank pursuant to subparagraph (i) above and (B) the conditions set forth in Section 5.2. hereof have been fulfilled and (C) sufficient funds are available within the limits of the amount of Loans that may be borrowed as provided in Article 2. hereof, with the proceeds of a Loan; or (iii) the Agent Bank may debit any deposit account of the Company maintained with the Agent Bank and appropriate and apply an amount of funds in such account equal to the Reimbursement Obligations outstanding at such time in satisfaction of the Company's obligations set forth in subparagraph (i) above.

Method of Reimbursement. The Company shall reimburse the Agent Bank (which shall immediately forward such funds, in the form received, to the applicable Letter of Credit Bank) for each Drawing under any the Letter of Credit in the following manner: (i) the Company shall immediately reimburse the Agent Bank in accordance with Section 3.6. 2.9 hereof; or (A) if the Company has not reimbursed the Agent Bank pursuant to subparagraph (i) above and (B) the conditions set forth in Section 5.2. 3.2 hereof have been fulfilled and (C) sufficient funds are available within the limits of the amount of Loans that may be borrowed as provided in Article 2. Section 2.5 hereof, with the proceeds of a LoanLoans; or (iii) if an Event of Default has occurred and is continuing, the Agent Bank may debit any deposit account of the Company maintained with the Agent Bank and appropriate and apply an amount of funds in such account equal to the Reimbursement Obligations outstanding at such time in satisfaction of the Company's obligations set forth in subparagraph (i) above.

Method of Reimbursement. The Company shall reimburse the Agent Bank (which shall immediately forward such funds, in the form received, to the applicable Letter of Credit Bank) for each Drawing under any Letter of Credit in the following manner: (i) the Company shall immediately reimburse the Agent Bank in accordance with Section 3.6. 3.6 hereof; or (A) if the Company has not reimbursed the Agent Bank pursuant to subparagraph (i) above and (B) the conditions set forth in Section 5.2. 5.2 hereof have been fulfilled and (C) sufficient funds are available within the limits of the amount of Loans that may be borrowed as provided in Article 2. II hereof, with the proceeds of a Loan; or (iii) the Agent Bank may debit any deposit account of the Company maintained with the Agent Bank and appropriate and apply an amount of funds in such account equal to the Reimbursement Obligations outstanding at such time in satisfaction of the Company's obligations set forth in subparagraph (i) above.