Common use of Pro Rata Payments Clause in Contracts

Pro Rata Payments. Except as otherwise provided herein, (a) each payment on account of the principal of and interest on the Loans and the fees described in Section 2.11 hereof shall be made to the Agent for the account of the Lenders pro rata based on their Applicable Commitment Percentages, (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute payments received to the Lenders.

Appears in 1 contract

Samples: Loan and Reimbursement Agreement (Vitas Healthcare Corp)

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Pro Rata Payments. Except as otherwise provided herein, (a) each payment and prepayment on account of the principal of and interest on the Loans and the fees described in Section 2.11 2.10 hereof shall be made to the Agent in the aggregate amount payable to the Lenders for the account of the Lenders pro rata based on their Applicable Commitment Percentages, (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, fees shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute such payments when received to the LendersLenders as provided for herein.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Modis Professional Services Inc)

Pro Rata Payments. Except as otherwise provided specified herein, : (a) each payment on account of the principal of and interest on the Loans and Loans, the fees described in Section 2.11 hereof 2.11(a) and (b), and the Reimbursement Obligations as to which the Lenders have funded their respective Participations which remain outstanding, shall be made to the Agent for the account of the Lenders pro rata based on their Applicable Revolving Commitment Percentages, Percentages and (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute to the Lenders in immediately available funds payments received to in fully collected, immediately available funds from the LendersBorrower.

Appears in 1 contract

Samples: Credit Agreement (QC Holdings, Inc.)

Pro Rata Payments. Except as otherwise provided herein, (a) each payment on account of the principal of and interest on the Loans and the fees described in Section 2.11 hereof 2.10 shall be made to the Agent for the account of the Lenders pro rata based on their Applicable Commitment Percentages, (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest Percentages and fees, shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute to the Lenders in immediately available funds payments received to in fully collected, immediately available funds from the LendersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Seacastle Inc.)

Pro Rata Payments. Except as otherwise provided specified herein, (a) each payment on account of the principal of and interest on the Loans and Loans, the fees described in Section 2.11 hereof 4.6(a) and (b), and Reimbursement Obligations as to which the Lenders have funded their respective Participations which remain outstanding, shall be made to the Agent for the account of the Lenders pro rata based on their Applicable Commitment Percentages, and (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute 37 44 to the Lenders in immediately available funds payments received to in fully collected, immediately available funds from the LendersBorrower.

Appears in 1 contract

Samples: Credit Agreement (P F Changs China Bistro Inc)

Pro Rata Payments. Except as otherwise provided specified herein, (a) each payment on account of the principal of and interest on the Loans and Loans, the fees described in Section 2.11 hereof 4.6(a) and (b), and Reimbursement Obligations as to which the Lenders have funded their respective Participations which remain outstanding, shall be made to the Agent for the account of the Lenders pro rata based on their Applicable Commitment Percentages, and (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute to the Lenders in immediately available funds payments received to in fully collected, immediately available funds from the LendersBorrower.

Appears in 1 contract

Samples: Credit Agreement (P F Changs China Bistro Inc)

Pro Rata Payments. Except as otherwise provided herein, (a) each payment on account of the principal of and interest on the Revolving Loans and the fees described in Section 2.11 hereof 2.10 shall be made to the Agent for the account of the Lenders pro rata based on their Applicable Commitment Percentages, (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, shall be made without set-off diminution, setoff, recoupment or counterclaim, and (c) the Agent will promptly distribute payments received to the Lenders.Lenders in

Appears in 1 contract

Samples: Credit Agreement (Wackenhut Corrections Corp)

Pro Rata Payments. Except as otherwise provided specified herein, (a) each payment on account of the principal of and interest on the Loans and Loans, the fees described in Section 2.11 hereof 4.6(a), (b) and (c), and Reimbursement Obligations as to which the Lenders have funded their respective Participations which remain outstanding, shall be made to the Agent for the account of the Lenders pro rata based on their Applicable Commitment Percentages, and (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute to the Lenders in immediately available funds payments received to in fully collected, immediately available funds from the LendersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Cone Mills Corp)

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Pro Rata Payments. Except as otherwise provided herein, (a) each payment on account of the principal of and interest on the Loans and the fees described in Section 2.11 hereof 2.10 shall be made to the Agent for the account of the Lenders pro rata based on their Applicable Commitment Percentages, (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute payments received to the Lenders.Applicable

Appears in 1 contract

Samples: Credit Agreement (Windmere Durable Holdings Inc)

Pro Rata Payments. Except as otherwise provided herein, (a) each payment on account of the principal of and interest on the Loans and the fees described in Section 2.11 2.09 hereof shall be made to the Agent for the account of the Lenders pro rata based on their Applicable Commitment Percentages, (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute payments received to the Lenders.of

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (Capstone Capital Corp)

Pro Rata Payments. Except as otherwise provided specified herein, : (a) each payment on account of the principal of and interest on the Loans and Loans, the fees described in Section 2.11 hereof 2.9(a) and (b), and the Reimbursement Obligations as to which the Banks have funded their respective Participations which remain outstanding, shall be made to the Agent for the account of the Lenders Banks pro rata based on their Applicable Commitment Percentages, and (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute to the Banks in immediately available funds payments received to in fully collected, immediately available funds from the LendersBorrower.

Appears in 1 contract

Samples: Credit Agreement (QC Holdings, Inc.)

Pro Rata Payments. Except as to the extent otherwise expressly provided herein, (a) each payment on account of the principal of and interest on the Loans and the fees described in Section 2.11 hereof shall be made by the Lenders pro rata according to the Agent amounts of their respective Commitments; (b) each payment or prepayment of principal of the Loans shall be made for the account of the Lenders pro rata based on their Applicable Commitment Percentages, (b) all payments to be made by in accordance with the Borrower for the account of each respective unpaid principal amounts of the Lenders on account of principal, interest and fees, shall be made without set-off or counterclaim, Loans held by them; and (c) each payment of interest on the Agent will promptly distribute payments received Loans shall be made for account of the Lenders pro rata in accordance with the respective amounts of interest on the Loans then due and payable to the Lendersthem.

Appears in 1 contract

Samples: Loan Agreement (Vitro Sa De Cv)

Pro Rata Payments. Except as otherwise provided specified herein, (a) each ----------------- payment on account of the principal of and interest on the Loans and Loans, the fees described in Section 2.11 hereof 4.6(a), (b) and (c), and Reimbursement Obligations as to which the Lenders have funded their respective Participations which remain outstanding, shall be made to the Agent for the account of the Lenders pro rata based on their Applicable Commitment Percentages, and (b) all payments to be made by the Borrower for the account of each of the Lenders on account of principal, interest and fees, shall be made without set-off or counterclaim, and (c) the Agent will promptly distribute to the Lenders in immediately available funds payments received to in fully collected, immediately available funds from the LendersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Health Management Associates Inc)

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