Common use of Apportionment of Payments Clause in Contracts

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as any Lender may request its share of all such payments received by the Agent.

Appears in 3 contracts

Samples: Revolving Credit and Line of Credit Agreement (Hughes Supply Inc), Credit Agreement (Intermet Corp), Revolving Credit Agreement (Discount Auto Parts Inc)

AutoNDA by SimpleDocs

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as specified by any Lender may request its share of all such payments received by the Agent on the same Business Day as such payment is deemed to be received by the Agent.

Appears in 3 contracts

Samples: Credit Agreement (Rock Tenn Co), Credit Agreement (Rock Tenn Co), Credit Agreement (Rock Tenn Co)

Apportionment of Payments. Aggregate principal and interest ------------------------- payments in respect of Loans and payments in respect of facility fees and commitment fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as any Lender may request its share of all such payments received by the Agent.

Appears in 3 contracts

Samples: Revolving Credit and Line of Credit Agreement (Rotech Medical Corp), Revolving Credit and Line of Credit Agreement (Rotech Medical Corp), Credit Agreement (Gold Kist Inc)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees Facility Fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as specified by any Lender may request its share of all any such payments received by the Agent on the same Business Day as such payment is deemed to be received by the Agent.

Appears in 2 contracts

Samples: Credit Agreement (Childrens Comprehensive Services Inc), Credit Agreement (Dollar General Corp)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Administrative Agent shall promptly distribute to each Lender at its payment office Payment Office set forth beside its name on the appropriate signature page hereof Schedule 10.01 or such other address as any Lender may request its share of all such payments received by the Administrative Agent.

Appears in 2 contracts

Samples: Term Loan Agreement (Intermet Corp), Term Loan Agreement (Intermet Corp)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees the Facility Fee shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Administrative Agent shall promptly distribute to each Lender at its payment office Payment Office set forth beside its name on the appropriate signature page hereof or such other address as any Lender may request its share of all such payments received by the Administrative Agent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Choicepoint Inc), Revolving Credit Agreement (Choicepoint Inc)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility Letters of Credit, letter of credit fees and commitment fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as specified by any Lender may request its share of all such payments received by the Agent on the same Business Day as such payment is deemed to be received by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Fuqua Enterprises Inc)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions Pro Rata Share of such Commitments and outstanding Loans. The Administrative Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as any Lender may request its share Pro Rata Share of all such payments received by the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Discount Auto Parts Inc)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees Commitment Fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Administrative Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as specified by any Lender may request its share of all any such payments received by the Administrative Agent on the same Business Day as such payment is deemed to be received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (CBRL Group Inc)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees Commitment Fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Administrative Agent shall promptly distribute to each Lender at its payment office Payment Office set forth beside its name on the appropriate signature page hereof Schedule 10.01 or such other address as any Lender may request its share of all such payments received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Intermet Corp)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees Letters of Credit, Bond Letter of Credit Fees and commitment fees Commitment Fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as specified by any Lender may request its share of all such payments received by the Agent on the same Business Day as such payment is deemed to be received by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Dyersburg Corp)

AutoNDA by SimpleDocs

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees the Unused Fee shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Administrative Agent shall promptly distribute to each Lender at its payment office Payment Office set forth beside its name on the appropriate signature page hereof or such other address as any Lender may request its share of all such payments received by the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Choicepoint Inc)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees the Commitment Fee shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof hereof, or such other address as any Lender may request its share of all such payments received by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Gold Kist Inc)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of Loans, facility fees and fees, commitment fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions Pro Rata Shares of such Commitments and outstanding Loans. The Agent shall promptly distribute to each Lender at its payment office primary address set forth beside its name on the appropriate signature page hereof or such other address as any Lender may request its share of all such payments received by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Vari Lite International Inc)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, in each case proportionately to the LendersBanks' respective pro rata portions of such Commitments and outstanding LoansCommitment Percentages. The Agent shall promptly distribute to each Lender at Bank its payment office set forth beside its name on the appropriate signature page hereof or such other address as any Lender may request its share Commitment Percentage of all such payments received by the Agent and the commitment fees of such Bank when received by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Safety 1st Inc)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions Pro Rata Share of such Commitments and outstanding Loans. The Administrative Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as any Lender may request its share of all such payments received by the Administrative Agent.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Able Telcom Holding Corp)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, relate proportionately to the Lenders' respective pro rata portions Pro Rata Share of such Commitments and outstanding Loans. The Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as any Lender may request Payment Office its share of all such payments received by the Agent, with such distribution by Agent occurring no later than the end of the Business Day following Agent's receipt of such payments.

Appears in 1 contract

Samples: Credit Agreement (National Health Realty Inc)

Apportionment of Payments. Aggregate principal and interest payments in respect of Loans and payments in respect of facility fees and commitment letter of credit fees shall be apportioned among all outstanding Commitments and Loans to which such payments relate, proportionately to the Lenders' respective pro rata portions of such Commitments and outstanding Loans. The Administrative Agent shall promptly distribute to each Lender at its payment office set forth beside its name on the appropriate signature page hereof or such other address as any Lender may request its share of all such payments received by the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit and Line of Credit Agreement (Office Depot Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!