Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 34 contracts
Samples: Facility Agreement (Global Ship Lease, Inc.), www.sec.gov, Facility Agreement (Global Ship Lease, Inc.)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.
Appears in 24 contracts
Samples: Agreement, Credit Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, other than the recovering Lender, Lenders accordingly.
Appears in 9 contracts
Samples: Agreement (Smith & Nephew PLC), Agreement (Smith & Nephew PLC), Supplemental Agreement (Enodis PLC)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.
Appears in 8 contracts
Samples: Credit Facility Agreement (MGM Resorts International), Credit Facility Agreement (MGM Resorts International), Agreement (United States Steel Corp)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Borrower under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 8 contracts
Samples: Agreement, Credit Agreement (Seaspan CORP), Agreement (Seaspan CORP)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Owner under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.
Appears in 7 contracts
Samples: Agreement (Ocean Rig UDW Inc.), Agreement (Ocean Rig UDW Inc.), Agreement (DryShips Inc.)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 7 contracts
Samples: Agreement (PPL Corp), Western Power Distribution (PPL Corp), Bridge Facilities Agreement (Bayer Aktiengesellschaft)
Effect of redistribution. (a) 33.2.1 The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 3 contracts
Samples: Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Borrower under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 3 contracts
Samples: Agreement (Global Ship Lease, Inc.), Agreement (Danaos Corp), Agreement (Vivendi Universal)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, Lenders (other than the recovering Lender, ) accordingly.
Appears in 2 contracts
Samples: Agreement (Centex Development Co Lp), Agreement (Centex Corp)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, Finance Parties (other than the recovering Lender, accordinglyFinance Party) in accordance with clause 17.7 (Partial payments).
Appears in 2 contracts
Samples: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc)
Effect of redistribution. (a) 30.2.1 The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 1 contract
Samples: PPL Energy Supply LLC
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the Lenders, other than the recovering Lender, Lenders accordingly.
Appears in 1 contract
Samples: Bridge Loan Agreement (Enodis PLC)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the Lenders, other than the recovering Lender, Lenders accordingly.
Appears in 1 contract
Samples: United States Steel Corp
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Relevant Obligor under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.
Appears in 1 contract
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Borrowers under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 1 contract
Samples: Agreement (Seaspan CORP)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the LendersFinance Parties, other than the recovering Lender, Finance Party accordingly.
Appears in 1 contract
Effect of redistribution. (a) 33.2.1 The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 1 contract
Samples: Facilities Agreement (Royal Ahold)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor a Borrower under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.
Appears in 1 contract
Samples: Facilities Agreement
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company or the Parent (as the case may be) under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 1 contract
Samples: Facility Agreement (EnerSys)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Owner under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.. 119
Appears in 1 contract
Samples: Agreement (Ocean Rig UDW Inc.)
Effect of redistribution. (a) The Facility Agent must shall treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 1 contract
