Common use of Distribution by Administrative Agent Clause in Contracts

Distribution by Administrative Agent. If in the reasonable opinion of the Administrative Agent the distribution of any amount received by it in such capacity hereunder, under any Notes, or under any of the other Loan Documents might involve it in liability, it may refrain from making distribution until its right to make the same shall have been adjudicated by a 13.2.3 65 AMERICAS/2023306744.4 court of competent jurisdiction. If any Government Authority shall adjudge that any amount received and distributed by the Administrative Agent is to be repaid, each Person to whom any such distribution shall have been made shall either repay to the Administrative Agent its proportionate share of the amount so adjudged to be repaid or shall pay over the same in such manner and to such Persons as shall be determined by such Government Authority.

Distribution by Administrative Agent. If in the reasonable opinion of the ------------------------------------ Administrative Agent the distribution of any amount received by it in such capacity hereunder, under any Notes, the Notes or under any of the other Loan Documents might involve it in liability, it may refrain from making distribution until its right to make the same distribution shall have been adjudicated by a 13.2.3 65 AMERICAS/2023306744.4 court of competent jurisdiction. If any Government Authority a court of competent jurisdiction shall adjudge that any amount received and distributed by the Administrative Agent is to be repaid, each Person to whom any such distribution shall have been made shall either repay to the Administrative Agent its proportionate share of the amount so adjudged to be repaid or shall pay over the same in such manner and to such Persons as shall be determined by such Government Authoritycourt.

Distribution by Administrative Agent. If in the reasonable opinion of the Administrative Agent the distribution of any amount received by it in such capacity hereunder, under any the Notes, this Credit Agreement or under any of the other Loan Documents might involve it in liability, it may refrain from making such distribution until its right to make the same such distribution shall have been adjudicated by a 13.2.3 65 AMERICAS/2023306744.4 court of competent jurisdiction. If any Government Authority a court of competent jurisdiction shall adjudge that any amount received and distributed by the Administrative Agent is to be repaid, each Person to whom any such distribution shall have been made shall either repay to the Administrative Agent its proportionate share of the amount so adjudged to be repaid or shall pay over the same in such manner and to such Persons as shall be determined by such Government Authoritycourt.

Distribution by Administrative Agent. If in the reasonable opinion of the Administrative Agent the distribution of any amount received by it in such capacity hereunder, under any Notes, the Revolving Credit Notes or under any of the other Loan Documents might involve it in liability, it may refrain from making distribution until its right to make the same distribution shall have been adjudicated by a 13.2.3 65 AMERICAS/2023306744.4 court of competent jurisdiction. If any Government Authority a court of competent jurisdiction shall adjudge that any amount received and distributed by the Administrative Agent is to be repaid, each Person to whom any such distribution shall have been made shall either repay to the Administrative Agent its proportionate share of 87 the amount so adjudged to be repaid or shall pay over the same in such manner and to such Persons as shall be determined by such Government Authoritycourt.