Common use of Distribution to Revolving Lenders of Reimbursements Received From Borrower Clause in Contracts

Distribution to Revolving Lenders of Reimbursements Received From Borrower. If Administrative Agent for the account of any Issuing Bank shall have been reimbursed by the Revolving Lenders pursuant to subsection 3.3C(i) for all or any portion of any drawing honored by such Issuing Bank under a Letter of Credit issued by it, Administrative Agent shall promptly distribute to each Revolving Lender that has paid all amounts payable by it under subsection 3.3C(i) with respect to such honored drawing such Revolving Lender’s Pro Rata Share of the Revolving Loan Commitment of all payments subsequently received by Administrative Agent for the account of such Issuing Bank from Borrower in reimbursement of such honored drawing when such payments are received. Any such distribution shall be made to a Revolving Lender at its primary address set forth in the Register or at such other address as such Lender may request.

Distribution to Revolving Lenders of Reimbursements Received From Borrower. If Administrative Agent for the account of any Issuing Bank Lender shall have been reimbursed by the other Revolving Lenders pursuant to subsection 3.3C(i) for all or any portion of any drawing honored by such Issuing Bank Lender under a Letter of Credit issued by it, Administrative Agent shall promptly distribute to each other Revolving Lender that has paid all amounts payable by it under subsection 3.3C(i) with respect to such honored drawing such other Revolving Lender’s Pro Rata Share of the Revolving Loan Commitment of all payments subsequently received by Administrative Agent for the account of such Issuing Bank Lender from Borrower in reimbursement of such honored drawing when such payments are received. Any such distribution shall be made to a Revolving Lender at its primary address set forth below its name in the Register or at such other address as such Revolving Lender may request.

Distribution to Revolving Lenders of Reimbursements Received From Borrower. If Administrative Agent for the account of any Issuing Bank Lender shall have been reimbursed by the other Revolving Lenders pursuant to subsection 3.3C(i) for all or any portion of any drawing honored by such Issuing Bank Lender under a Letter of Credit issued by it, Administrative Agent shall promptly distribute to each other Revolving Lender that has paid all amounts payable by it under subsection 3.3C(i) with respect to such honored drawing such other Revolving Lender’s Pro Rata Share of the Revolving Loan Commitment of all payments subsequently received by Administrative Agent for the account of such Issuing Bank Lender from Borrower in reimbursement of such honored drawing when such payments are received. Any such distribution shall be made to a Revolving Lender at its primary address set forth in the Register or at such other address as such Lender may request.

Distribution to Revolving Lenders of Reimbursements Received From Borrower. If Administrative Agent for the account of any Issuing Bank Lender shall have been reimbursed by the other Revolving Lenders pursuant to subsection 3.3C(i) Subsection III.C.2.a for all or any portion of any drawing honored by such Issuing Bank Lender under a Letter of Credit issued by it, Administrative Agent shall promptly distribute to each other Revolving Lender that has paid all amounts payable by it under subsection 3.3C(i) Subsection III.C.2.a with respect to such honored drawing such other Revolving Lender’s 's Pro Rata Share of the Revolving Loan Commitment of all payments subsequently received by Administrative Agent for the account of such Issuing Bank Lender from Borrower in reimbursement of such honored drawing when such payments are received. Any such distribution shall be made to a Revolving Lender at its primary address set forth below its name in the Register or at such other address or such account as such Revolving Lender may request.