Common use of Individual Syndication Party 5-Year Pro Rata Share Clause in Contracts

Individual Syndication Party 5-Year Pro Rata Share. No Syndication Party (other than the Overnight Lender, which shall be permitted but not required to do so in the case of Overnight Advances made in accordance with Section 3.9) shall be required or permitted to fund a 5-Year Advance in excess of an amount equal to its Individual 5-Year Pro Rata Share multiplied by the amount of the requested 5-Year Advance. Each Syndication Party agrees to fund its Individual 5-Year Pro Rata Share of each 5-Year Advance.

Appears in 4 contracts

Samples: Credit Agreement (CHS Inc), Credit Agreement (CHS Inc), Credit Agreement (CHS Inc)

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Individual Syndication Party 5-Year Pro Rata Share. No Syndication Party (other than the Overnight Lender, which shall be permitted but not required to do so in the case of Overnight Advances made in accordance with Section 3.9) shall be required or permitted to fund a 5-Year Advance in excess of an amount equal to its Individual 5-Year Pro Rata Share Applicable Percentage multiplied by the amount of the requested 5-Year Advance. Each Syndication Party agrees to fund its Individual 5-Year Pro Rata Share Applicable Percentage of each 5-Year Advance.

Appears in 2 contracts

Samples: Credit Agreement (CHS Inc), Credit Agreement (CHS Inc)

Individual Syndication Party 5-Year Pro Rata Share. No Syndication Party (other than the Overnight Lender, which shall be permitted but not required to do so in the case of Overnight Advances made in accordance with Section 3.9) shall be required or permitted to fund a 5-Year Advance under the 5-Year Facility in excess of an amount equal to its Individual 5-Year Pro Rata Share multiplied by the amount of the requested 5-Year Advance. Each Syndication Party agrees to fund its Individual 5-Year Pro Rata Share of each 5-Year Advance, except as provided in Article 4 hereof regarding 5-Year Bid Advances.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

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Individual Syndication Party 5-Year Pro Rata Share. No Syndication Party (other than the Overnight Lender, which shall be permitted but not required to do so in the case of Overnight Advances made in accordance with Section 3.9) shall be required or permitted to fund a 5-Year Advance under the 5-Year Facility in excess of an amount equal to its Individual 5-Year Pro Rata Share multiplied by the amount of the requested 5-Year Advance. Each Syndication Party agrees to fund its Individual 5-Year Pro Rata Share of each 5-Year Advance, except as provided in Article 3 hereof regarding Bid Advances.

Appears in 1 contract

Samples: Credit Agreement (CHS Inc)

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