Common use of Distributions to Participants Clause in Contracts

Distributions to Participants. If, at any time, after the Swingline Lender has made a Swingline Advance and has received from any Lender such Lender's share of such Swingline Advance, and the Swingline Lender receives any payment or makes any application of funds on account of such Swingline Advance, the Swingline Lender will pay on the same day as received or deemed to be received to the Administrative Agent, for the account of such Lender, such Lender's ratable share of such payment.

Appears in 2 contracts

Samples: Credit Agreement (Foster Wheeler Corp), Pledge Agreement (Foster Wheeler Corp)

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Distributions to Participants. If, at any time, after the Swingline Lender has made a Swingline Advance and has received from any Lender such Lender's share of such Swingline Advance, and the Swingline Lender receives any payment or makes any application of funds on account of such Swingline Advance, the Swingline Lender will pay on the same day as received or deemed to be received to the Administrative Agent, for the account of such Lender, such Lender's ratable share of such payment.. (v)

Appears in 1 contract

Samples: Pledge Agreement (Foster Wheeler Corp)

Distributions to Participants. If, at any time, after the Swingline Lender has made a Swingline Advance and has received from any Revolving Credit Lender such Lender's share of such Swingline Advance, and the Swingline Lender receives any payment or makes any application of funds on account of such Swingline Advance, the Swingline Lender will pay on the same day as received or deemed to be received to the Administrative Agent, for the account of such Lender, such Lender's ratable share of such payment.

Appears in 1 contract

Samples: Credit Agreement (Foster Wheeler LTD)

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Distributions to Participants. If, at any time, after the Swingline Lender has made a Swingline Advance Loan and has received from any Lender such Lender's share of such Swingline AdvanceLoan, and the Swingline Lender receives any payment or makes any application of funds on account of such Swingline AdvanceLoan, the Swingline Lender will pay on the same day as received or deemed to be received to the Administrative Agent, for the account of such Lender, such Lender's ratable Pro Rata share of such payment.

Appears in 1 contract

Samples: Agreement (Primark Corp)

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