Common use of Apportionment, Application and Reversal of Payments Clause in Contracts

Apportionment, Application and Reversal of Payments. (i) Principal and interest payments received by the Agent shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Loans to which such payments relate held by each Lender) and payments of the fees received by the Agent shall, as applicable, be apportioned ratably among the Lenders, except for fees payable solely to the Agent, the Bank, and the Letter of Credit Issuer and except as provided in Section 9.03(e).

Appears in 1 contract

Samples: Security Agreement (Jeffboat LLC)

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Apportionment, Application and Reversal of Payments. (ia) Principal and interest payments received by the Agent shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Loans to which such payments relate held by each Lender) and payments of the fees received by the Agent shall, as applicable, be apportioned ratably among the Lenders, except for fees payable solely to the Administrative Agent, the Bank, and the Letter of Credit Issuer and except as provided in Section 9.03(e13.1(d).

Appears in 1 contract

Samples: Loan and Security Agreement (Mercury Air Group Inc)

Apportionment, Application and Reversal of Payments. (ia) Principal and interest payments received by the Agent shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Loans to which such payments relate held by each Lender) and payments of the fees received by the Agent shall, as applicable, be apportioned ratably among the Lenders, except for fees payable solely to the AgentBofA, Wachovia, the Bank, Agents or either of them and the Letter of Credit Issuer and except as provided in Section 9.03(e13.1(c).

Appears in 1 contract

Samples: Loan and Security Agreement (Ahern Rentals Inc)

Apportionment, Application and Reversal of Payments. (ia) Principal and interest payments received by the Agent shall be apportioned ratably among the applicable Lenders (according to the unpaid principal balance of the Loans Credit Extensions to which such payments relate held by each Lender) and payments of the fees received by the Agent shall, as applicable, be apportioned ratably among the Lenders, except for fees payable solely to the Agent, the Bank, Agent and the applicable Letter of Credit Issuer Issuers and except as provided in Section 9.03(e11.1(b).

Appears in 1 contract

Samples: Credit Agreement (Ann Inc.)

Apportionment, Application and Reversal of Payments. (ia) Principal and interest payments received by the Agent shall be apportioned ratably among the applicable Lenders (according to the unpaid principal balance of the Loans to which such payments relate held by each applicable Lender) and payments of the fees received by the Agent shall, as applicable, be apportioned ratably among the applicable Lenders, except for fees payable solely to the AgentBofA, Wachovia, the BankAgents, either of them, Banc of America Securities LLC and the Letter of Credit Issuer and except as provided in Section 9.03(e)Article 13.

Appears in 1 contract

Samples: Loan and Security Agreement (Ahern Rentals Inc)

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Apportionment, Application and Reversal of Payments. (i) Principal and interest payments received by the Agent shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Loans to which such payments relate held by each Lender) and payments of the fees received by the Agent shall, as applicable, be apportioned ratably among the Lenders, except for fees payable solely to the Agent, the Bank, and the Letter of Credit Issuer and except as provided in Section 9.03(e9.03(d).

Appears in 1 contract

Samples: Loan Agreement (American Barge Line Co)

Apportionment, Application and Reversal of Payments. (ia) Principal and interest payments received by the Agent shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Loans to which such payments relate held by each Lender) and payments of the fees received by the Agent shall, as applicable, be apportioned ratably among the Lenders, except for fees payable solely to the Agent, the Bank, Agent and the Letter of Credit Issuer Issuers and except as provided in Section 9.03(e11.1(b).

Appears in 1 contract

Samples: Credit Agreement (Anntaylor Stores Corp)

Apportionment, Application and Reversal of Payments. (i) Principal and interest payments received by the Agent shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Loans to which such payments relate held by each Lender) and payments of the fees received by the Agent shall, as applicable, be apportioned ratably among the Lenders, except for fees payable solely to the Agent, the Bank, Agent and the Letter of Credit Issuer and except as provided in Section 9.03(e11.1(b).. All payments shall be remitted to the Agent and all such payments

Appears in 1 contract

Samples: Credit Agreement (Applica Inc)

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