Common use of Payments to Participants Clause in Contracts

Payments to Participants. A Participant shall not be entitled to receive any greater payment under Sections 6.3, 6.8, 6.9 and 6.12 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant.

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Centerline Holding Co), Revolving Credit and Term Loan Agreement (Centerline Holding Co), Credit and Term Loan Agreement (Chartermac)

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Payments to Participants. A Participant shall not be entitled to receive any greater payment under Sections 6.3§§6.2.2, 6.8, 6.9 6.6 and 6.12 6.7 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrowers’ prior written consent.

Appears in 2 contracts

Samples: Credit Agreement (Crystal Rock Holdings, Inc.), Credit Agreement (Vermont Pure Holdings LTD/De)

Payments to Participants. A Participant shall not be entitled to receive any greater payment under Sections 6.3(Sections)6.6, 6.8, 6.9 6.7 and 6.12 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrowers' prior written consent.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Genesee & Wyoming Inc)

Payments to Participants. A Participant shall not be entitled to receive any greater payment under Sections 6.35.2.2, 6.8, 6.9 5.7 and 6.12 5.8 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant.

Appears in 1 contract

Samples: Revolving Credit Agreement (Jumpking Inc)

Payments to Participants. A Participant shall not be entitled to receive any greater payment under Sections 6.3§§5.2.2, 6.85.6, 6.9 5.7, 5.8 and 6.12 5.9 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant.

Appears in 1 contract

Samples: Pledge Agreement (Kronos Inc)

Payments to Participants. A Participant shall not be entitled to receive any greater payment under Sections 6.3SECTIONS 5.2.2, 6.8, 6.9 5.7 and 6.12 5.8 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant.

Appears in 1 contract

Samples: Term Loan Agreement (Quaker Fabric Corp /De/)

Payments to Participants. A Participant shall not be entitled to receive any greater payment under Sections 6.3, 6.8, 6.9 and 6.12 section 5.2.2 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant.

Appears in 1 contract

Samples: Credit Agreement (Jumpking Inc)

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Payments to Participants. A Participant shall not be entitled to receive any greater payment under Sections 6.36.2, 6.86.6, 6.9 6.7, 6.8 and 6.12 6.11 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Centerline Holding Co)

Payments to Participants. A Participant shall not be entitled to receive any greater payment under Sections 6.36.6, 6.8, 6.9 6.7 and 6.12 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrowers' prior written consent.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Genesee & Wyoming Inc)

Payments to Participants. A Participant shall not be entitled to receive any greater payment under Sections 6.3§§5.2.2, 6.8, 6.9 5.7 and 6.12 5.8 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant.

Appears in 1 contract

Samples: Revolving Credit and Term Loan (Quaker Fabric Corp /De/)

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