All Fundings Ratable. All fundings of Advances (other than Swingline Advances) shall be made by Lenders as provided herein in accordance with their pro-rata shares of the respective Aggregate Commitments, as applicable. Except as otherwise expressly provided herein, a Lender shall not be obligated to fund Revolving Loan Advances that would result in the sum of (a) such Lender's Revolving Loan, plus (b) such Lender's pro-rata share of the Letter of Credit Exposure exceeding its Revolving Loan Commitment, or make available any more than its pro-rata share of any Advance.
Appears in 3 contracts
Samples: Loan Agreement (Angelica Corp /New/), Loan Agreement (Layne Christensen Co), Loan Agreement (Angelica Corp /New/)
All Fundings Ratable. All fundings of Advances (other than Swingline Advances) shall be made by Lenders as provided herein in accordance with their pro-pro rata shares of the respective Aggregate Commitments, as applicableRevolving Loan Commitment. Except as otherwise expressly provided herein, a Lender shall not be obligated to fund Revolving Loan Advances that would result in the sum of (a) such Lender's ’s Revolving Loan, plus (b) such Lender's pro-’s pro rata share of the Letter of Credit Exposure exceeding its Revolving Loan Commitment, or make available any more than its pro-pro rata share of any Advance.
Appears in 2 contracts
Samples: Credit Facilities Agreement (Young Innovations Inc), Credit Facilities Agreement (Young Innovations Inc)
All Fundings Ratable. All fundings of Advances (other than Swingline Advances) shall be made by Lenders as provided herein in accordance with their proPro-rata shares Rata Shares of the respective Aggregate Commitments, as applicableRevolving Loan Commitment. Except as otherwise expressly provided herein, a Lender shall not be obligated to fund Revolving Loan Advances that would result in the sum of (a) such Lender's Revolving Loan, plus (b) such Lender's proPro-rata share Rata Share of the Letter of Credit Exposure exceeding its Revolving Loan Commitment, or make available any more than its proPro-rata share Rata Share of any Advance.
Appears in 2 contracts
Samples: Loan Agreement (Talx Corp), Loan Agreement (Talx Corp)
All Fundings Ratable. All fundings of Advances (other than Swingline Advances) shall be made by Lenders as provided herein in accordance with their pro-rata shares of the respective Aggregate Commitments, as applicable. Except as otherwise expressly provided herein, a Lender shall not be obligated to fund Revolving Loan Advances that would result in the sum of (a) such Lender's Revolving Loan, plus (b) such Lender's pro-rata share of the Letter of Credit Exposure exceeding its Revolving Loan Commitment, or make available any more than its pro-rata share of any Advance.
Appears in 1 contract
Samples: Loan Agreement (Talx Corp)
All Fundings Ratable. All fundings of Advances (other than Swingline Advances) shall be made by Lenders as provided herein in accordance with their pro-rata shares Pro Rata Shares of the respective Aggregate Commitments, as applicableRevolving Loan Commitment. Except as otherwise expressly provided herein, a Lender shall not be obligated to fund Revolving Loan Advances that would result in the sum of (a) such Lender's ’s Revolving Loan, plus (b) such Lender's pro-rata share ’s Pro Rata Share of the Letter of Credit Exposure exceeding its Revolving Loan Commitment, or make available any more than its pro-rata share Pro Rata Share of any Advance.
Appears in 1 contract
All Fundings Ratable. All fundings of Advances (other than Swingline Advances) shall be made by Lenders as provided herein in accordance with their pro-rata shares of the respective Aggregate Commitments, as applicableRevolving Loan Commitment. Except as otherwise expressly provided herein, a Lender shall not be obligated to fund Revolving Loan Advances that would result in the sum of (a) such Lender's Revolving Loan, plus (b) such Lender's pro-rata share of the Letter of Credit Exposure exceeding its Revolving Loan Commitment, or make available any more than its pro-rata share of any Advance.that
Appears in 1 contract
Samples: Credit Facilities Agreement (Young Innovations Inc)
All Fundings Ratable. All fundings of Advances (other than Swingline Advances) shall be made by Lenders as provided herein in accordance with their pro-rata shares of the respective Aggregate Commitments, as applicable. Except as otherwise expressly provided herein, a Lender shall not be obligated to fund Revolving Loan Advances that would result in the sum of (a) such Lender's ’s Revolving Loan, plus (b) such Lender's ’s pro-rata share of the Letter of Credit Exposure exceeding its Revolving Loan Commitment, or make available any more than its pro-rata share of any Advance.
Appears in 1 contract