Common use of Participations of Banks Clause in Contracts

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under ss.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Ionics Inc), Revolving Credit Agreement (Hadco Acquisition Corp Ii), Revolving Credit Agreement (Hadco Acquisition Corp Ii)

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Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the applicable Borrower's Reimbursement Obligation under ss.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Holmes Products Corp), Revolving Credit Agreement (Genrad Inc)

Participations of Banks. Each such payment made by a ----------------------- Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under ss.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Fairfield Communities Inc), Revolving Credit Agreement (Genesee & Wyoming Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Borrowers' Reimbursement Obligation under ssss.5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to ss.5.2.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Morgan Group Inc), Revolving Credit Agreement (Sensormatic Electronics Corp)

Participations of Banks. Each such payment made by a Bank shall ----------------------- be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under ss.

Appears in 1 contract

Samples: Revolving Credit Agreement (Fairfield Communities Inc)

Participations of Banks. Each such payment made by a Revolving A Bank shall be treated as the purchase by such Revolving A Bank of a participating interest in the applicable Borrower's Reimbursement Obligation under ss.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Holmes Group Inc)

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Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the applicable Revolver Borrower's Reimbursement Obligation under ss.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Genrad Inc)

Participations of Banks. Each such payment made by a Bank shall ----------------------- be treated as the purchase by such Bank of a participating interest in the Borrower's Borrowers' Reimbursement Obligation under ss.

Appears in 1 contract

Samples: Revolving Credit Agreement (Fairfield Communities Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under ss.ss.3A.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to ss.3A.

Appears in 1 contract

Samples: Revolving Credit Agreement (Grove Property Trust)

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