Adjustments by Agent. Notwithstanding the construction of -------------------- "pro rata" to mean based on the Applicable Commitment Percentage and any provisions contained herein for the advancement of funds or distribution of payments on a pro rata basis, the Agent may, in its discretion, but shall not be obligated to, adjust downward or upward (but not in excess of any applicable Commitment) the principal amount of any Loan to be made by any Lender to the nearest amount that is evenly divisible by $100, and make appropriate related adjustments in the distribution of payments of principal and interest on the Loans.
Appears in 2 contracts
Samples: Credit Agreement (Hibbett Sporting Goods Inc), Credit Agreement (Hibbett Sporting Goods Inc)
Adjustments by Agent. Notwithstanding the construction of -------------------- "pro rata" to mean based on the Applicable Commitment Percentage Commitments and any provisions contained herein for the advancement of funds or distribution of payments on a pro rata basis, the Agent may, in its discretion, but shall not be obligated to, adjust downward or upward (but not in excess of any applicable Domestic Revolving Credit Commitment) the principal amount of any Domestic Revolving Loan to be made by any Multicurrency Facilities Lender to the nearest amount that which is evenly divisible by $100, and make appropriate related adjustments adjustment in the distribution of payments of principal and interest on the Loans.
Appears in 2 contracts
Samples: Credit and Reimbursement Agreement (Tech Data Corp), Credit and Reimbursement Agreement (Tech Data Corp)
Adjustments by Agent. Notwithstanding the construction of -------------------- "pro rata" to mean based on the Applicable Commitment Percentage Percentages and any provisions contained herein for the advancement of funds or distribution of payments on a pro rata basis, the Agent may, in its discretion, but shall not be obligated to, adjust downward or upward (but not in excess of any applicable Revolving Credit Commitment) the principal amount of any Revolving Loan to be made by any Lender to the nearest amount that which is evenly divisible by $100, and make appropriate related adjustments adjustment in the distribution of payments of principal and interest on the Loans.
Appears in 1 contract
Samples: Credit and Reimbursement Agreement (Willcox & Gibbs Inc)
Adjustments by Agent. Notwithstanding the construction of -------------------- "pro rata" to mean based on the Applicable Commitment Percentage Commitments and any provisions contained herein for the advancement of funds or distribution of payments on a pro rata basis, the Agent may, in its discretion, but shall not be obligated to, adjust downward or upward (but not in excess of any applicable Revolving Credit Commitment) the principal amount of any Loan to be made by any Lender to the nearest amount that which is evenly divisible by $100, and make appropriate related adjustments adjustment in the distribution of payments of principal and interest on the Loans.
Appears in 1 contract
Samples: Credit and Reimbursement Agreement (Capstone Capital Corp)