Common use of Participations in Swing Line Advances Clause in Contracts

Participations in Swing Line Advances. (i) If, at any time, any Event of Default shall have occurred and be continuing, each Lender, promptly upon request by the Swing Line Lender delivered to Administrative Agent, shall purchase an undivided participation interest in all outstanding Swing Line Advances in an amount equal to its Percentage times the outstanding amount of such Swing Line Advances. Each Lender (other than the Swing Line Lender) will transfer immediately to Administrative Agent for credit to Swing Line Lender, in immediately available funds, the amount of its participation. Upon receipt thereof, the Swing Line Lender will deliver to such other Lender a Swing Line Advance Participation Certificate, dated the date of receipt of such funds and in the amount of such Lender's participation. (ii) Whenever, at any time after the Swing Line Lender has received from any other Lender such other Lender's participating interest in a Swing Line Advance, the Swing Line Lender receives any payment on account thereof, Administrative Agent will distribute to such other Lender its participating interest in such amount (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender's participating interest was outstanding and funded); provided, however, that in the event that any payment received by Swing Line Lender is required to be returned, such other Lender will return to Swing Line Lender any portion thereof previously distributed to it.

Participations in Swing Line Advances. (i) If, at any timetime prior to the making of Revolving Loan Advances pursuant to subsection 2.6(a) hereof, any Event of Default described in Sections 6.1(h) hereof shall have occurred and be continuingoccurred, each Lender, on the date such Revolving Loan Advances were to have been made or, if no request for Revolving Loan Advances had been made pursuant to Section 2.6(a)(i) hereof, promptly upon request by the Swing Line Lender delivered to Administrative Agent, shall purchase an undivided participation interest in all outstanding Swing Line Advances in an amount equal to its Percentage Share times the outstanding amount of such Swing Line Advances. Each Lender (other than the Swing Line Lender) will transfer immediately to Administrative Agent for credit to Swing Line Lender, in immediately available funds, the amount of its participation. Upon receipt thereof, the Swing Line Lender will deliver to such other Lender a Swing Line Advance Participation Certificate, dated the date of receipt of such funds and in the amount of such Lender's participation. (ii) Whenever, at any time after the Swing Line Lender has received from any other Lender such other Lender's participating interest in a Swing Line Advance, the Swing Line Lender receives any payment on account thereof, Administrative Agent will distribute to such other Lender its participating interest in such amount (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender's participating interest was outstanding and funded); provided, however, that in the event that any payment received by Swing Line Lender is required to be returned, such other Lender will return to Swing Line Lender any portion thereof previously distributed to it.

Participations in Swing Line Advances. (i) If, at any timetime prior to the making of Revolving Loans pursuant to subsection 2.6(a)(i) hereof, any Event of Default described in Sections 6.1(h) hereof shall have occurred and be continuingoccurred, each Lender, on the date such Revolving Loan Advance was to have been made or, if no request for Revolving Loan Advances had been made pursuant to Section 2.6(a)(i) hereof, promptly upon request by the Swing Line Lender delivered to Administrative Agent, shall purchase an undivided participation interest in all outstanding Swing Line Advances in an amount equal to its Percentage Share times the outstanding amount of such Swing Line Advances. Each Lender (other than the Swing Line Lender) will transfer immediately to Administrative Agent for credit to Swing Line Lender, in immediately available funds, the amount of its participation. Upon receipt thereof, the Swing Line Lender will deliver to such other Lender a Swing Line Advance Participation Certificate, dated the date of receipt of such funds and in the amount of such Lender's participation. (ii) Whenever, at any time after the Swing Line Lender has received from any other Lender such other Lender's participating interest in a Swing Line Advance, the Swing Line Lender receives any payment on account thereof, Administrative Agent will distribute to such other Lender its participating interest in such amount (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender's participating interest was outstanding and funded); provided, however, that in the event that any payment received by Swing Line Lender is required to be returned, such other Lender will return to Swing Line Lender any portion thereof previously distributed to it.

Participations in Swing Line Advances. (i) If, at any time, any Event of Default shall have occurred and be continuing, each Lender, promptly upon request by the Swing Line Lender delivered to Administrative Agent, shall purchase an undivided participation interest in all outstanding Swing Line Advances in an amount equal to its Percentage times the outstanding amount of such Swing Line Advances. Each Lender (other than the Swing Line Lender) will transfer immediately to Administrative Agent for credit to Swing Line Lender, in immediately available funds, the amount of its participation. Upon receipt thereof, the Swing Line Lender will deliver to such other Lender a Swing Line Advance Participation Certificate, dated the date of receipt of such funds and in the amount of such Lender's ’s participation. (ii) Whenever, at any time after the Swing Line Lender has received from any other Lender such other Lender's ’s participating interest in a Swing Line Advance, the Swing Line Lender receives any payment on account thereof, Administrative Agent will distribute to such other Lender its participating interest in such amount (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender's ’s participating interest was outstanding and funded); provided, however, that in the event that any payment received by Swing Line Lender is required to be returned, such other Lender will return to Swing Line Lender any portion thereof previously distributed to it.