Common use of Bank Investor’s Obligation to Pay Certain Amounts; Additional Assignment Amount Clause in Contracts

Bank Investor’s Obligation to Pay Certain Amounts; Additional Assignment Amount. The Bank Investors shall pay to the Managing Agents, in accordance with their Pro Rata Shares, for the account of the related Lender, in connection with any assignment by such Lender to the Bank Investors pursuant to this Section 2.14 an aggregate amount equal to all Discount to accrue through the end of each outstanding Rate Period to the extent attributable to the portion of the Net Investment so assigned to the Bank Investors (as determined immediately prior to giving effect to such assignment), plus all other Aggregate Unpaids (other than the Net Investment and other than any Discount not described above). Such amounts shall be additional consideration for the interests assigned to the Bank Investors and the amount of the “Net Investment” hereunder held by the Bank Investors shall be increased by an amount equal to the additional amount so paid by the Bank Investors.

Appears in 2 contracts

Samples: Variable Funding Loan Agreement (Walter Industries Inc /New/), Variable Funding Loan Agreement (Walter Industries Inc /New/)

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Bank Investor’s Obligation to Pay Certain Amounts; Additional Assignment Amount. The Bank Investors shall pay to the Managing AgentsAgent, in accordance with their Pro Rata Shares, for the account of the related Lender, in connection with any assignment by such the Lender to the Bank Investors pursuant to this Section 2.14 2.13 an aggregate amount equal to all Discount to accrue through the end of each outstanding Rate Period to the extent attributable to the portion of the Net Investment so assigned to the Bank Investors (as determined immediately prior to giving effect to such assignment), plus all other Aggregate Unpaids (other than the Net Investment and other than any Discount not described above). Such amounts shall be additional consideration for the interests assigned to the Bank Investors and the amount of the “Net Investment” hereunder held by the Bank Investors shall be increased by an amount equal to the additional amount so paid by the Bank Investors.

Appears in 1 contract

Samples: Funding Loan Agreement (Walter Industries Inc /New/)

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Bank Investor’s Obligation to Pay Certain Amounts; Additional Assignment Amount. The Bank Investors shall pay to the Managing AgentsAgent, in accordance with their Pro Rata Shares, for the account of the related Lender, in connection with any assignment by such the Lender to the Bank Investors pursuant to this Section 2.14 2.13 an aggregate amount equal to all Discount to accrue through the end of each outstanding Rate Period to the extent attributable to the portion of the Net Investment so assigned to the Bank Investors (as determined immediately prior to giving effect to such assignment), plus all other Aggregate Unpaids (other than the Net Investment and other than any Discount not described above). Such amounts shall be additional consideration for the interests assigned to the Bank Investors and the amount of the "Net Investment" hereunder held by the Bank Investors shall be increased by an amount equal to the additional amount so paid by the Bank Investors.

Appears in 1 contract

Samples: Funding Loan Agreement (Walter Industries Inc /New/)

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