Adjustments to Outstanding Borrowings Sample Clauses

Adjustments to Outstanding Borrowings. Each Lender agrees that, after delivery of an Acceleration Notice or the occurrence of an Event of Default specified in Section 9.1(b) or 9.1(c), it will at any time and from time to time upon the request of the Agent as required by any Lender purchase portions of the Borrowings made available by the other Lenders which remain outstanding and make any other adjustments which may be necessary or appropriate, in order that the amount of Outstandings owed to each Lender, as adjusted pursuant to this Section 12.11(a), will be in the same proportion as that Lender’s Syndicated Commitment is of the Total Syndicated Commitment at such time.
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Adjustments to Outstanding Borrowings. Each Lender agrees that, after the delivery of an Acceleration Notice or the occurrence of an Event of Default specified in Section 9.1(c) or 9.1(d), it will at any time and from time to time upon the request of the Agent as required by any Lender purchase portions of the Borrowings made available by the other Lenders which remain outstanding and make any other adjustments which may be necessary or appropriate, in order that the amount of Borrowings made available by each Lender which remain outstanding, as adjusted pursuant to this Section 11.11, will be in the same proportion as the Pro-Rata Share of each such Lender.
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Adjustments to Outstanding Borrowings. Each Lender agrees (and the Agent agrees for and on behalf of Royal in its capacity as Operating Lender) that, after the delivery of an Acceleration Notice or the occurrence of an Insolvency Event, it will at any time and from time to time upon the request of the Agent as required by any Lender or the Operating Lender purchase portions of the Borrowings made available by the other Lenders and the Operating Borrowings which, in any case, remain outstanding and make any other adjustments which may be necessary or appropriate, in order that the amount of Borrowings made available by each Lender which remain outstanding, and the Operating Borrowings which remain outstanding, as adjusted pursuant to this Section 11.11, will be in the same proportion as its Lender’s Proportion (calculated pursuant to item (b) of the definition thereof) of the sum of the aggregate Borrowings under this Agreement and the Operating Borrowings then outstanding.
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Adjustments to Outstanding Borrowings. Each Lender agrees (and the Agent agrees for and on behalf of Royal in its capacity as Operating Lender) that, after the delivery of an Acceleration Notice or the occurrence of an Insolvency Event, it will at any time and from time to time upon the request of the Agent as required by any Lender or the Operating Lender purchase portions of the Term Indebtedness or Operating Indebtedness of such other Lenders, as applicable, which in any case, remain outstanding and make any other adjustments which may be necessary or appropriate, in order that the amount of Term Indebtedness of each Lender which remains outstanding, and the Operating Indebtedness which remains outstanding, as adjusted pursuant to this Section 11.11, will be in the same proportion as its Lender's Proportion (calculated pursuant to item (b) of the definition thereof) of the sum of the aggregate Term Indebtedness under this Agreement and the Operating Indebtedness then outstanding.
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Adjustments to Outstanding Borrowings. If any Syndicated Lender shall, subsequent to the Adjustment Time, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of the Syndicated Borrowings resulting in such Lender receiving payment of a proportion of the aggregate amount of the Syndicated Borrowings and accrued interest thereon greater than its Applicable Percentage thereof as provided herein, then the Lender receiving such greater proportion shall (a) notify the Administrative Agent of such fact, and (b) purchase (for cash at face value) portions of the Syndicated Borrowings of the other Syndicated Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the Syndicated Lenders rateably in accordance with the aggregate amount of principal of and accrued interest on their respective Syndicated Borrowings, provided that:
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Adjustments to Outstanding Borrowings. Each Lender agrees that, on and after the Adjustment Time, it will at any time and from time to time upon the request of the Agent as required by any other Lender purchase portions of the Borrowings and make any other adjustments which may be necessary or appropriate, in order that amounts which remain outstanding under this Agreement to each Lender are thereafter outstanding, as adjusted pursuant to this Section 12.11, in the same proportion as the Lender's Proportion of the Total Commitment.
Sample 1
Adjustments to Outstanding Borrowings. Each Lender agrees that, after delivery of an Acceleration Notice or the occurrence of an Event of Default specified in Section 9.1(b) or
Sample 1
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Adjustments to Outstanding Borrowings. Each Lender agrees that, after the delivery of an Acceleration Notice or the occurrence of an Insolvency Event, it will at any time and from time to time upon the request of the Agent as required by any Lender purchase portions of the Borrowings made available by the other Lenders which, in any case, remain outstanding and make any other adjustments which may be necessary or appropriate, in order that the amount of Borrowings made available by each Lender which remain outstanding, as adjusted pursuant to this Section 11.11, will be in the same proportion as its Lender’s Proportion of the aggregate Borrowings under this Agreement then outstanding.
Sample 1
Adjustments to Outstanding Borrowings. Each Lender agrees that, after the delivery of an Acceleration Notice or the occurrence of an Insolvency Event, it will at any time and from time to time upon the request of the Agent as required by any Lender purchase portions of the Obligations of such other Lenders, as applicable, which in any case, remain outstanding and make any other adjustments which may be necessary or appropriate, in order that the amount of Obligations of each Lender which remains outstanding, as adjusted pursuant to this Section 12.11, will be in the same proportion as its Lender's Proportion (calculated pursuant to item (b) of the definition thereof) of the sum of the aggregate Obligations under this Agreement then outstanding.
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Related to Adjustments to Outstanding Borrowings

  • Revolving Borrowings Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrower, in Dollars, from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Revolving Borrowing, (i) the Total Revolving Outstandings shall not exceed the Revolving Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such Revolving Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow Revolving Loans, prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, any Revolving Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter not less than three (3) Business Days prior to the date of such Revolving Borrowing.

  • Pro Rata Borrowings All Borrowings of Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Commitments. It is understood that no Lender shall be responsible for any default by any other Lender of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to make its Loans hereunder.

  • Term Borrowings Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Borrowers on the Closing Date one or more Term Borrowings denominated in Dollars in an aggregate amount not to exceed the amount of such Term Lender’s Term B Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

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