Common use of Participation by Lenders Clause in Contracts

Participation by Lenders. Each Lender will participate through its Facility Office in each Utilisation hereunder, comprising the making of the Revolving Loans, or in any amount to be reimbursed to the Swingline Lender or the Issuer following any non-payment by any Borrower of any amount due from it in respect of a Swingline Loan or, as appropriate, a Letter of Credit or Guarantee, in the proportion which its Commitment bears to the Total Commitments immediately prior to the making available of that Utilisation or, as the case may be, at the time of any such non-payment.

Participation by Lenders. 6.16.1 Each Lender will participate through its Facility Office in each Utilisation hereunder, comprising the making of the Revolving Loans, or in any amount to be reimbursed to the Swingline Lender or the Issuer following any non-payment by any Borrower of any amount due from it in respect of a Swingline Loan or, as appropriate, a Letter of Credit or Guarantee, in the proportion which its Commitment bears to the Total Commitments immediately prior to the making available of that Utilisation or, as the case may be, at the time of any such non-payment.