Distribution of Interest. Interest on a LIBOR Revolving Loan during an Interest Period relating to it calculated at the rates specified in clause 8.1 or 8.2 shall be distributed by the Agent to the Lenders in proportion to the amounts which represent the cost to each Lender of funding its share of such LIBOR Revolving Loan during such Interest Period provided that any such interest which is attributable to the Applicable Margin shall be distributed by the Agent to the Lenders in proportion to their respective shares in such LIBOR Revolving Loan.
Appears in 4 contracts
Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)