Common use of Payments to Lenders Clause in Contracts

Payments to Lenders. Promptly after receipt in immediately available funds from Borrowers of any payment of principal, interest or any fees or other amounts due to any Lender under the Loan Documents, the Administrative Agent shall distribute to each Lender that Lender's Pro Rata share of such funds so received.

Appears in 8 contracts

Samples: Credit Facility Agreement (NBG Radio Network Inc), Credit Facility Agreement (CCC Information Services Group Inc), Credit Facility Agreement (Talk Com)

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Payments to Lenders. Promptly after receipt in immediately available funds from Borrowers Borrower of any payment of principal, interest or any fees or other amounts due to any Lender under the Loan Documents, the Administrative Agent shall distribute to each Lender that Lender's Pro Rata share of such funds so received.

Appears in 1 contract

Samples: Credit Agreement (Integrity Inc)

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