Common use of Eurodollar Rate and Tax Provisions Clause in Contracts

Eurodollar Rate and Tax Provisions. (i) each payment or prepayment of principal of the Loans shall be allocated by the Administrative Agent pro rata among the Lenders in proportion to their respective principal amounts of the Loans then outstanding, (ii) each payment of interest on the Loans shall be allocated by the Administrative Agent pro rata among the applicable Lenders in proportion to their respective amounts of unpaid interest on the Loans then outstanding, and (iii) each payment of fees on the Commitments shall be allocated by the Administrative Agent pro rata among the applicable Lenders in accordance with their respective Commitments.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Renewable Energy Group, Inc.), Revolving Credit Agreement (Renewable Energy Group, Inc.)

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Eurodollar Rate and Tax Provisions. (i) each payment or prepayment of principal of the Loans shall be allocated by the Administrative Agent pro rata among the applicable Lenders in proportion to their accordance with the respective principal amounts of their outstanding Loans of the Loans then outstanding, type being repaid and (ii) each payment of interest on the Loans shall be allocated by the Administrative Agent pro rata among the applicable Lenders in proportion to their respective amounts of unpaid interest on the Loans then outstanding, and (iii) each payment of fees on the Commitments shall be allocated by the Administrative Agent pro rata among the applicable Lenders in accordance with the respective interest amounts outstanding on their respective Commitmentsoutstanding Loans of the type in respect of which interest is being paid.

Appears in 2 contracts

Samples: Credit Agreement (Renewable Energy Group, Inc.), Credit Agreement (Renewable Energy Group, Inc.)

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Eurodollar Rate and Tax Provisions. (ia) each payment or prepayment of principal of the Loans shall be allocated by the Administrative Agent pro rata among the Lenders in proportion to accordance with their respective principal amounts of the Loans then outstandingLoan Percentages, (iib) each payment of interest on the Loans shall be allocated by the Administrative Agent pro rata among the applicable Lenders in proportion to accordance with the respective interest amounts outstanding on their respective amounts of unpaid interest on the outstanding Loans then outstanding, and (iiic) each payment of fees on the Commitments Fees pursuant to Section 3.12(a) (Fees) shall be allocated by the Administrative Agent pro rata among the applicable Lenders in accordance with their respective CommitmentsLoan Percentages.

Appears in 1 contract

Samples: Senior Credit Agreement (Advanced BioEnergy, LLC)

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