Adjustment of Rateable Portion. If a Lender elects not to participate in a Drawdown for a Hostile Acquisition (a “Non-Participating Lender”), the Drawdown will be reduced by the Non-Participating Lenders' Rateable Portion of such Drawdown and the allocation among all Lenders of interest and other fees payable to the Lenders by the Borrower hereunder, including Standby Fees, will be adjusted so as to reflect the reduction in the Drawdown, and thereafter the Rateable Portion of each Lender, for such purposes only, will reflect the Principal Amount then funded by each Lender based on the Aggregate Principal Amount of all Lenders after taking into account the amount of the requested Drawdown not funded by the Non-Participating Lender. Notwithstanding the adjustment of the Rateable Portion pursuant to this Section 6.4, there will be no reduction in the Individual Commitment Amount of each Lender.
Adjustment of Rateable Portion. If a Lender elects not to participate in a Drawdown which is to be used to fund a Hostile Acquisition (a “Non-Participating Lender”), the Drawdown will be reduced by the Non-Participating Lenders’ Rateable Portion thereof and the allocation among all Lenders who are not Non-Participating Lenders (each, a “Participating Lender”) of interest and other fees payable by the Borrower hereunder, including standby fees, will be adjusted so as to reflect the non-participation by the Non-Participating Lender in the Drawdown, and thereafter the Rateable Portion of each Participating Lender, for such purposes only, will reflect the Canadian Dollar Exchange Equivalent of the Aggregate Principal Amount then funded by each Participating Lender based on the Canadian Dollar Exchange Equivalent of the Aggregate Principal Amount of all Participating Lenders after taking into account the non-participation by the Non-Participating Lender in the requested Drawdown. Notwithstanding the adjustment of the Rateable Portion pursuant to this Section 6.3, there will be no reduction in the Individual Commitment Amount of each Non-Participating Lender.
Adjustment of Rateable Portion. If a Lender elects not to participate in a Drawdown under one or more Tranches for a Hostile Acquisition (a “Non-Participating Lender”), such Drawdown will be reduced by the Non-Participating Lenders’ Rateable Portion under the applicable Tranche thereof and the allocation among all Lenders under the applicable Tranche of interest and other fees payable by the Borrower hereunder, including standby fees, will be adjusted so as to reflect the reduction in such Drawdown, and thereafter the Rateable Portion of each Lender under the applicable Tranche, for such purposes only, will reflect the Aggregate Principal Amount then funded by each Lender under the applicable Tranche based on the Aggregate Principal Amount of all Lenders under the applicable Tranche after taking into account the amount of the requested Drawdown not funded by the Non-Participating Lender. Notwithstanding the adjustment of the Rateable Portion pursuant to this Section 7.3, there will be no reduction in the Individual Commitment Amount of each Lender.
Adjustment of Rateable Portion. 27 6.5 Subsequent Drawdowns ... 27 6.6 Prepayment ... 27
Adjustment of Rateable Portion. If a Lender elects not to participate in a Drawdown for a Hostile Acquisition (a "Non-Participating Lender"), the Lenders who are not Non- Participating Lenders (each, a "Participating Lender") shall have an obligation, up to the amount of its Individual Commitment Amount, to provide Advances to finance such Hostile Acquisition, and the Advances to finance such Hostile Acquisition shall be provided by each Participating Lender in accordance with the ratio that the Individual Commitment Amount of such Participating Lender bears to the aggregate of the Individual Commitment Amounts of all the Participating Lenders.
