Distribution of Initial Advance. After each Continuing Lender has funded its Loan (or so much of such Loan as may be required pursuant to Paragraphs 3 and 4 above), the Agent shall (i) distribute to each Exiting Lender its Exiting Lender Pay-Off Amount in accordance with the Existing Agreements and (ii) distribute to each Overfunded Lender its share of the aggregate Percentage Reconciliation Funding Amount.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Source One Mortgage Services Corp), Revolving Credit Agreement (Source One Mortgage Services Corp)
Distribution of Initial Advance. After each Continuing Lender has funded its Loan (or so much of such Loan as may be required pursuant to Paragraphs 3 and 4 above), the Administrative Agent shall (i) distribute to each Exiting Lender its Exiting Lender Pay-Off Amount in accordance with the Existing Agreements Agreement and (ii) distribute to each Overfunded Lender its share of the aggregate Percentage Reconciliation Funding Amount.
Appears in 1 contract
Samples: Assignment Agreement (Rouse Company)
Distribution of Initial Advance. After each Continuing Lender has funded its Loan (or so much of such Loan as may be required pursuant to Paragraphs 3 and 4 above), the Agent shall (i) distribute to each Exiting Lender its Exiting Lender Pay-Off Amount in accordance with the Existing Agreements Agreement and (ii) distribute to each Overfunded Lender its share of the aggregate Percentage Reconciliation Funding Amount.
Appears in 1 contract
Samples: Revolving Credit Agreement (Source One Mortgage Services Corp)
