Apportionment by Agent Sample Clauses

Apportionment by Agent. If the apportionment of any Advance among the relevant Lenders cannot be evenly made in the respective relevant Commitment Percentages or the apportionment of any payment received by the Agent to be remitted to the Lenders cannot be evenly made in the respective relevant Commitment Percentages or rateable shares, the Agent will round allocations among such Lenders from time to time (including after the occurrence of an Event of Default and acceleration of the Obligations) consistent with the Agent’s money market practices and after the occurrence of an Event of Default and acceleration of the Obligations, each Lender 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 Advances made by such other Lender pursuant to Section 5.8.
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Related to Apportionment by Agent

  • Apportionment of Fault In the case of any Loss arising from the negligence or willful misconduct of both Parties, each Party shall bear, and its obligation shall be limited to, that portion of the resulting expense caused by its negligence or misconduct or the negligence or misconduct of such Party's affiliates, agents, contractors or other persons acting in concert with it.

  • PAYMENT BY APPLICANT Payment of amounts due under this Article shall be made as set forth in Section 4.8 of this Agreement and is subject to the limitations contained in Section 7.1.

  • Reliance by the State on Representations All payments by the State under this Agreement will be made in reliance upon the accuracy of all representations made by the Party in accordance with this Agreement, including but not limited to bills, invoices, progress reports and other proofs of work.

  • Apportionments Real estate taxes, water charges, sewer charges, current property rent, condominium or POA fees, and other charges, if any, shall be apportioned to the date of final settlement on the basis of the imposing authority’s fiscal year.

  • Permitted Assignment by Seller Buyer’s consent shall not be required for Seller to pledge or assign the Facility, this Agreement or the revenues under this Agreement to any Lender as security for any Financing of the Facility; provided, however, if Seller requests Buyer’s consent to such an assignment, (i) Buyer shall provide that consent subject to Buyer’s execution of a consent to assignment in a form acceptable to Buyer and Seller, and (ii) Seller will reimburse Buyer for all “out of pocket” costs and expenses Buyer incurs in connection with that consent, without regarding to whether such consent is provided.

  • Apportionment Taxes and all other periodic realty costs, if any, shall be apportioned pro rata as of the Closing Date. All taxes shall be considered to be on a calendar year basis, with the exception of school taxes, which will be pro-rated on a fiscal year basis. Seller will pay for all days up to and including the Closing Date, and Purchaser will pay for all days following the Closing Date.

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