Payments to Administrative Agent. A payment by the Borrower to the Administrative Agent hereunder or any of the other Loan Documents for the account of any Lender shall constitute a payment to such Lender. The Administrative Agent agrees promptly to distribute to each Lender such Lender's PRO RATA share (based on such Lender's Commitment Percentage or Loan Percentage, as the case may be) of payments received by the Administrative Agent for the account of the Lenders except as otherwise expressly provided herein or in any of the other Loan Documents.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Nationsrent Inc), Revolving Credit and Term Loan Agreement (Nationsrent Inc)
Payments to Administrative Agent. A payment by the Borrower Borrowers to the Administrative Agent hereunder or under any of the other Loan Documents for the account of any Lender shall constitute a payment to such Lender. The Administrative Agent agrees promptly to distribute to each Lender such Lender's PRO RATA share (based on such Lender's Commitment Percentage or Loan Percentage, as the case may be) of payments received by the Administrative Agent for the account of the Lenders except as otherwise expressly provided herein or in any of the other Loan Documents.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Iesi Tx Corp)
Payments to Administrative Agent. A payment by the Borrower Company to the Administrative Agent hereunder hereunder, under the Notes or under any of the other Loan Documents for the account of any Lender or Holder shall constitute a payment to such LenderLender or Holder. The Administrative Agent agrees promptly to distribute to each Lender Holder such LenderHolder's PRO RATA pro rata share (based on such Lender's Commitment Percentage or Loan Percentage, as the case may be) of payments received by the Administrative Agent for the account of the Lenders or Holders, except as otherwise expressly provided herein or in any of the other Loan Documents.
Appears in 1 contract
Samples: Senior Subordinated Note Purchase Agreement (Transtechnology Corp)
Payments to Administrative Agent. A payment by the Borrower to the Administrative Agent hereunder or any of the other Loan Documents for the account of any Lender shall constitute a payment to such Lender. The Administrative Agent agrees promptly to distribute to each Lender such Lender's PRO RATA pro rata share (based on such Lender's Commitment Percentage or Loan Percentage, as the case may be) of payments received by the Administrative Agent for the account of the Lenders except as otherwise expressly provided herein or in any of the other Loan Documents.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Nationsrent Inc)
Payments to Administrative Agent. A payment by the any Borrower or any Guarantor to the Administrative Agent hereunder or any of the other Loan Documents for the account of any Lender shall constitute a payment to such Lender. The Administrative Agent agrees promptly to distribute to each Lender such Lender's PRO RATA share (based on such Lender's Commitment Percentage or Loan Percentage, as the case may be) of payments received by the Administrative Agent for the account of the Lenders except as otherwise expressly provided herein or in any of the other Loan Documents.
Appears in 1 contract
Payments to Administrative Agent. A payment by the Borrower to the Administrative Agent hereunder or any of the other Loan Documents for the account of any Lender shall constitute a payment to such Lender. The Administrative Agent agrees promptly to distribute to each Lender such Lender's PRO RATA share (based on such Lender's Commitment Percentage or Loan Percentage, as the case may be) of payments received by the Administrative Agent for the account of the Lenders except as otherwise expressly provided herein or in any of the other Loan Documents.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Nationsrent Inc)