Payments for Account of the Applicable Fronting Lender. Notwithstanding any other provision of this Agreement, until the applicable U.S. Lender funds its risk participation pursuant to this Section 2.2 to refinance such U.S. Lender’s applicable U.S. Fronting Loan, all payments made hereunder in respect of the portion of any U.S. Committed Loans that was funded in part by a Fronting Lender on behalf of such U.S. Lender shall be solely for the account of the applicable Fronting Lender.
Appears in 3 contracts
Samples: Global Senior Credit Agreement (Prologis), Global Senior Credit Agreement (Prologis), Global Senior Credit Agreement (Prologis)
Payments for Account of the Applicable Fronting Lender. Notwithstanding any other provision of this Agreement, until the applicable U.S. Lender funds its risk participation pursuant to this Section 2.2 to refinance such U.S. Lender’s applicable U.S. Fronting Loan, all payments made hereunder in respect of the portion of any U.S. Committed Loans Loan that was funded in part by a Fronting Lender on behalf of such U.S. Lender shall be solely for the account of the applicable Fronting Lender.
Appears in 3 contracts
Samples: Global Senior Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.)
Payments for Account of the Applicable Fronting Lender. Notwithstanding any other provision of this Agreement, until the applicable U.S. Lender funds its risk participation pursuant to this Section 2.2 3.2 to refinance such U.S. Lender’s applicable U.S. Fronting Loan, all payments made hereunder in respect of the portion of any U.S. Committed Loans Loan that was funded in part by a Fronting Lender on behalf of such U.S. Lender shall be solely for the account of the applicable Fronting Lender.
Appears in 2 contracts
Samples: Senior Term Loan Agreement (Prologis, L.P.), Senior Term Loan Agreement (Prologis, L.P.)
Payments for Account of the Applicable Fronting Lender. Notwithstanding any other provision of this Agreement, until the applicable U.S. Lender funds its risk participation pursuant to this Section 2.2 to refinance such U.S. Lender’s applicable U.S. Fronting Loan, all payments made hereunder in respect of the portion of any U.S. Committed Loans that was funded in part by a Fronting Lender on behalf of such U.S. Lender shall be solely for the account of the applicable Fronting Lender.
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