Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 45 contracts
Samples: Supplemental Agreement (NCL CORP Ltd.), Fourth Supplemental Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) Banks pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 6 contracts
Samples: Securities Pledge Agreement (Carson Inc), Securities Pledge Agreement (Carson Inc), Revolving Credit Agreement (Urohealth Systems Inc)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 6 contracts
Samples: Credit Agreement (Waters Corp /De/), Credit Agreement (McMS Inc), Credit Agreement (Labtec Inc /Ma)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 6 contracts
Samples: Credit Agreement (Atc Group Services Inc /De/), Credit Agreement (Neodata Services Inc), Credit Agreement (Tracor Inc /De)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) Banks pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 5 contracts
Samples: Credit Agreement (Moovies Inc), Credit Agreement (Thane International Inc), And Assumption Agreement (Vantas Inc)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after ----------------- its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata --- ---- --- ---- based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 5 contracts
Samples: Credit Agreement (Wesley Jessen Visioncare Inc), Credit Agreement (Collins & Aikman Floor Coverings Inc), Credit Agreement (Cambridge Industries Inc /De)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 5 contracts
Samples: Credit Agreement (Workflow Management Inc), Credit Agreement (Workflow Management Inc), Loan Agreement (Grey Wolf Inc)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its ----------------- receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based --- ---- --- ---- upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 4 contracts
Samples: Credit Agreement (Physicians Quality Care Inc), Credit Agreement (Alliance Imaging of Michigan Inc), Credit Agreement (Nutraceutical International Corp)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 3 contracts
Samples: Credit Agreement, Global Assignment Agreement (Gener8 Maritime, Inc.), Global Assignment Agreement (Gener8 Maritime, Inc.)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment of any interest or premium on or principal of the Notes from or on behalf of the Borrower in respect of Company or any Credit Document Obligations hereunderGuarantor, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective pro rata shares, if any, of the Credit Document Obligations with respect to which such payment was receivedpayment.
Appears in 3 contracts
Samples: Bridge Loan (Equinix Inc), Subordinated Credit Agreement (Bio Rad Laboratories Inc), Credit Agreement (Bio Rad Laboratories Inc)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunderObligation (including, without limitation, any payment received pursuant to Section 2.4 or 6.4 of the Security Agreement) it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) Banks pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 3 contracts
Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Ace LTD), Credit Agreement (Radian Group Inc)
Payments Pro Rata. (a) Except a)Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 3 contracts
Samples: Sixth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Sixth Supplemental Agreement (NCL CORP Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.)
Payments Pro Rata. (a) Except as otherwise provided in this ----------------- Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the any Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon --- ---- --- ---- their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 2 contracts
Samples: Credit Agreement (Ikon Office Solutions Inc), Credit Agreement (Alco Standard Corp)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the any Borrower in respect of any Credit Document Secured Obligations hereunder, it the Facility Agent shall distribute such payment to the Lenders entitled thereto (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Secured Obligations with respect to which such payment was received.
Appears in 2 contracts
Samples: Facility Agreement (Toys R Us Inc), Syndicated Facility Agreement (Toys R Us Inc)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Managing Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 2 contracts
Samples: Credit Agreement (Chancellor Broadcasting Co /De/), Credit Agreement (Chancellor Radio Broadcasting Co)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunderObligations, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective sharespercentages, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Samples: Credit Agreement (Universal Compression Holdings Inc)
Payments Pro Rata. (a) Except as otherwise provided in this ----------------- Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower or any Subordinated Guarantor in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata -------- based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Samples: Agreement (Physician Health Corp)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Paying Agent agrees that promptly after its receipt of each payment from or on behalf of the any Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders or the Letter of Credit Issuers, as the case may be, (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunderhereunder (other than Obligations payable solely to Agent), it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share Percentage of any such payment) pro rata --- ---- based upon their respective sharesPercentages, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Samples: Term Loan Agreement (Autotote Corp)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their its respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it the Agent shall distribute such payment to the Lenders entitled thereto (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Payments Pro Rata. (ab) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Samples: Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower Borrowers in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract
Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Administrative and Collateral Agent agrees that promptly after its receipt of each payment from or on behalf of the any Borrower in respect of any Credit Document Obligations hereunderunder this Agreement, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) Banks pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.
Appears in 1 contract