Common use of Lender Payments Clause in Contracts

Lender Payments. If any Lender shall fail to make any payment required to be made by it pursuant to Section 2.10(b)(i) or 10.04(c), then the Administrative Agent may, in its discretion and notwithstanding any contrary provision hereof, apply any amounts thereafter received by the Administrative Agent for the account of such Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid.

Appears in 2 contracts

Samples: Bridge Credit Agreement (Analog Devices Inc), Credit Agreement (Analog Devices Inc)

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Lender Payments. If any Lender shall fail to make any payment required to be made by it pursuant to Section 2.10(b)(i) 2.2 or 10.04(c11.3(d), then the Administrative Agent may, in its discretion and (notwithstanding any contrary provision hereof), apply any amounts thereafter received by the Administrative Agent for the account of such Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid.

Appears in 1 contract

Samples: Credit Agreement (RLJ Entertainment, Inc.)

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Lender Payments. If any Lender shall fail to make any payment required to be made by it pursuant to Section 2.10(b)(i) 2.2 or 10.04(c10.3(d), then the Administrative Agent may, in its discretion and (notwithstanding any contrary provision hereof), apply any amounts thereafter received by the Administrative Agent for the account of such Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid.

Appears in 1 contract

Samples: Credit Agreement (NetSpend Holdings, Inc.)

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