Common use of Payments to Administrative Agent Clause in Contracts

Payments to Administrative Agent. A payment by the Borrower to -------------------------------- the Administrative Agent hereunder or under any of the other Loan Documents for the account of any Bank shall constitute a payment to such Bank. The Administrative Agent shall promptly distribute to each Bank such Bank's pro rata -------- share of payments received by the Administrative Agent for the account of the Banks except as otherwise expressly provided herein or in any of the other Loan Documents.

Appears in 1 contract

Samples: Term Credit Agreement (Pimco Advisors Holdings Lp)

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Payments to Administrative Agent. A payment by the Borrower Company to -------------------------------- the Administrative Agent hereunder or under any of the other Loan Documents for the account of any Bank shall constitute a payment to such Bank. The Administrative Agent shall agrees promptly to distribute to each Bank such Bank's pro rata -------- share of payments received by the Administrative Agent for the account of the Banks except as otherwise expressly provided herein or in any of the other Loan Documentsherein.

Appears in 1 contract

Samples: Revolving Credit Agreement (Leucadia National Corp)

Payments to Administrative Agent. A payment by the Borrower to -------------------------------- the Administrative Agent hereunder or under any of the other Loan Documents for the account of any Bank shall constitute a payment to such Bank. The Administrative Agent shall agrees promptly to distribute to each Bank such Bank's pro rata -------- share of payments received by the Administrative Agent for the --- ---- account of the Banks except as otherwise expressly provided herein or in any of the other Loan Documents.

Appears in 1 contract

Samples: Term Loan Agreement (Fairfield Communities 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 Bank shall constitute a payment to such Bank. The Administrative Agent shall agrees promptly to distribute to each Bank such Bank's pro rata -------- share of payments received by the Administrative Agent for the --- ---- account of the Banks except as otherwise expressly provided herein or in any of the other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Fairfield Communities Inc)

Payments to Administrative Agent. A payment by the Borrower Company to -------------------------------- the Administrative Agent hereunder or under any of the other Loan Documents for the account of any Bank shall constitute a payment to such Bank. The Administrative Agent shall agrees promptly to distribute to each Bank such Bank's pro rata -------- share of payments received by the Administrative Agent for the account of the Banks except as otherwise expressly provided herein or in any of the other Loan Documents.herein. (b)

Appears in 1 contract

Samples: Revolving Credit Agreement (Leucadia National Corp)

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Payments to Administrative Agent. A payment by the Borrower Company -------- -- -------------- ----- to -------------------------------- the Administrative Agent hereunder or under any of the other Loan Documents for the account of any Bank shall constitute a payment to such Bank. The Administrative Agent shall agrees promptly to distribute to each Bank such Bank's pro rata -------- share of payments received by the Administrative Agent for the account of the Banks except as otherwise expressly provided herein or in any of the other Loan Documentsherein.

Appears in 1 contract

Samples: Revolving Credit Agreement (Leucadia National Corp)

Payments to Administrative Agent. A payment by the Borrower -------------------------------- to -------------------------------- the Administrative Agent hereunder or under any of the other Loan Documents for the account of any Bank shall constitute a payment to such Bank. The Administrative Agent shall promptly distribute to each Bank such Bank's pro rata -------- share of payments received by the Administrative Agent for the account of the Banks except as otherwise expressly provided herein or in any of the other Loan Documents.

Appears in 1 contract

Samples: Term Credit Agreement (Pimco Advisors Holdings Lp)

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