Common use of Payments on Participated Swing Loans Clause in Contracts

Payments on Participated Swing Loans. At any time after a Swing Lender has received from any Bank such Bank’s Swing Loan Refund Amount pursuant to Section 2.1(e) and such Swing Lender receives any payment on account of the Swing Loans in which the Banks have purchased participations pursuant to Section 2.1(e), such Swing Lender will promptly distribute to each such Bank its ratable share (determined on the basis of the Swing Loan Refund Amounts of all of the Banks) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s participating interest was outstanding and funded); provided, however, that in the event that such payment received by such Swing Lender is required to be returned, such Bank will return to such Swing Lender any portion thereof previously distributed to it by such Swing Lender.

Payments on Participated Swing Loans. At Whenever, at any time after a the Swing Lender Loan Bank has received from any Bank such Bank’s 's Swing Loan Refund Amount pursuant to Section 2.1(e2.01 (b) and such (iii), the Swing Lender Loan Bank receives any payment on account of the Swing Loans Loan in which the Banks have purchased participations pursuant to Section 2.1(e2.01 (b) (iii), such the Swing Lender Loan Bank will promptly distribute to each such Bank its ratable share Pro Rata Share (determined on the basis of the Swing Loan Refund Amounts of all of the Banks) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s 's participating interest was outstanding and funded); provided, however, provided that in the event that such payment received by such the Swing Lender Loan Bank is required to be returned, such Bank will return to such the Swing Lender Loan Bank any portion thereof previously distributed to it by such the Swing LenderLoan Bank.

Payments on Participated Swing Loans. At any time after a Swing Lender has received from any Bank such Bank’s 's Swing Loan Refund Amount pursuant to Section 2.1(e2.1(d) and such Swing Lender receives any payment on account of the Swing Loans in which the Banks have purchased participations pursuant to Section 2.1(e2.1(d), such Swing Lender will promptly distribute to each such Bank its ratable share (determined on the basis of the Swing Loan Refund Amounts of all of the Banks) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s 's participating interest was outstanding and funded); provided, however, that in the event that such payment received by such Swing Lender is required to be returned, such Bank will return to such Swing Lender any portion thereof previously distributed to it by such Swing Lender.

Payments on Participated Swing Loans. At any time after a Swing Lender has received from any Bank such Bank’s Swing Loan Refund Amount pursuant to Section 2.1(e2.1(d) and such Swing Lender receives any payment on account of the Swing Loans in which the Banks have purchased participations pursuant to Section 2.1(e2.1(d), such Swing Lender will promptly distribute to each such Bank its ratable share (determined on the basis of the Swing Loan Refund Amounts of all of the Banks) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s participating interest was outstanding and funded); provided, however, that in the event that such payment received by such Swing Lender is required to be returned, such Bank will return to such Swing Lender any portion thereof previously distributed to it by such Swing Lender.

Payments on Participated Swing Loans. At Whenever, at any time after a the Swing Lender Loan Bank has received from any Bank such Bank’s 's Swing Loan Refund Amount pursuant to Section 2.1(e) and such 2.01(C)(c), the Swing Lender Loan Bank receives any payment on account of the Swing Loans Loan in which the Banks have purchased participations pursuant to Section 2.1(e2.01(C)(c), such the Swing Lender Loan Bank will promptly distribute to each such Bank its ratable share Pro Rata Share (determined on the basis of the Swing Loan Refund Amounts of all of the Banks) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s 's participating interest was outstanding and funded); provided, however, provided that in the event that such payment received by such the Swing Lender Loan Bank is required to be returned, such Bank will return to such the Swing Lender Loan Bank any portion thereof previously distributed to it by such the Swing LenderLoan Bank.

Payments on Participated Swing Loans. At Whenever, at any time after a the Swing Lender has received from any Bank such Bank’s 's Swing Loan Refund Amount pursuant to Section 2.1(e) and such 2.1(b)(iii), the Swing Lender receives any payment on account of the Swing Loans in which the Banks have purchased participations pursuant to Section 2.1(e2.1(b)(iii), such the Swing Lender will promptly distribute to each such Bank its ratable share (determined on the basis of the Swing Loan Refund Amounts of all of the Banks) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s 's participating interest was outstanding and funded); provided, however, that in the event that such payment received by such the Swing Lender is required to be returned, such Bank will return to such the Swing Lender any portion thereof previously distributed to it by such the Swing Lender.

Payments on Participated Swing Loans. At Whenever, at any time after a the Swing Lender has received from any Bank such Bank’s 's Swing Loan Refund Amount pursuant to Section 2.1(e) and such 2.01(a)(iv), the Swing Lender receives any payment on account of the Swing Loans in which the Banks have purchased participations pursuant to Section 2.1(e2.01(a)(iv), such the Swing Lender will promptly distribute to each such Bank its ratable share (determined on the basis of the Swing Loan Refund Amounts of all of the Banks) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s 's participating interest was outstanding and funded); provided, however, that in the event that such payment received by such the Swing Lender is required to be returned, such Bank will return to such the Swing Lender any portion thereof previously distributed to it by such the Swing Lender.

Payments on Participated Swing Loans. At Whenever, at any time after a Swing Lender has received from any Bank such Bank’s 's Swing Loan Refund Amount pursuant to Section 2.1(e2.1(g) and or such Swing Lender receives any payment on account of the Swing Loans in which the Banks have purchased participations pursuant to Section 2.1(e2.1(g), such Swing Lender will promptly distribute to each such Bank its ratable share (determined on the basis of the Swing Loan Refund Amounts of all of the Banks) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s 's participating interest was outstanding and funded); providedPROVIDED, howeverHOWEVER, that in the event that such payment received by such Swing Lender is required to be returned, such Bank will return to such Swing Lender any portion thereof previously distributed to it by such Swing Lender.

Payments on Participated Swing Loans. At any time after a Swing Lender has received from any Bank such Bank’s 's Swing Loan Refund Amount pursuant to Section 2.1(e) and such Swing Lender receives any payment on account of the Swing Loans in which the Banks have purchased participations pursuant to Section 2.1(e), such Swing Lender will promptly distribute to each such Bank its ratable share (determined on the basis of the Swing Loan Refund Amounts of all of the Banks) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s 's participating interest was outstanding and funded); provided, however, that in the event that such payment received by such Swing Lender is required to be returned, such Bank will return to such Swing Lender any portion thereof previously distributed to it by such Swing Lender.

Payments on Participated Swing Loans. At Whenever, at any time after a the Swing Lender has received from any Bank Lender such Bank’s Lender's Swing Loan Refund Amount pursuant to Section 2.1(e) and such 2.01(e), the Swing Lender receives any payment on account of the Swing Loans in which the Banks Lenders have purchased participations pursuant to Section 2.1(e2.01(e), such the Swing Lender will promptly distribute to each such Bank Lender its ratable share (determined on the basis of the Swing Loan Refund Amounts of all of the BanksLenders) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's participating interest was outstanding and funded); provided, however, that in the event that such payment received by such the Swing Lender is required to be returned, such Bank Lender will return to such the Swing Lender any portion thereof previously distributed to it by such the Swing Lender.

Payments on Participated Swing Loans. At Whenever, at any time after a the Swing Lender has received from any Bank Lender such Bank’s Lender's Swing Loan Refund Amount pursuant to Section 2.1(e) and such 2.1(d), the Swing Lender receives any payment on account of the Swing Loans in which the Banks Lenders have purchased participations pursuant to Section 2.1(e2.1(d), such the Swing Lender will promptly distribute to each such Bank Lender its ratable share (determined on the basis of the Swing Loan Refund Amounts of all of the BanksLenders) of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's participating interest was outstanding and funded); provided, however, that in the event that such payment received by such the Swing Lender is required to be returned, such Bank Lender will return to such the Swing Lender any portion thereof previously distributed to it by such the Swing Lender.