Common use of Payments to Participants Clause in Contracts

Payments to Participants. A Participant shall not be entitled to receive any greater payment under any of §§4.3, 4.4 or 4.8 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 Borrower’s prior written consent.

Appears in 3 contracts

Samples: Revolving Credit Agreement (United States Cellular Corp), Revolving Credit Agreement (Telephone & Data Systems Inc /De/), Revolving Credit Agreement (United States Cellular Corp)

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Payments to Participants. A Participant shall not be entitled to receive any greater payment under any of §§4.33.3, 4.4 or 4.8 3.4 and 3.5 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 Borrower’s prior written consent.

Appears in 3 contracts

Samples: Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Credit Agreement (Montpelier Re Holdings LTD)

Payments to Participants. A Participant shall not be entitled to receive any greater payment under any of §§4.3, 4.4 or 4.8 3.3 and 3.4 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 Borrower’s prior written consent.

Appears in 3 contracts

Samples: Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD)

Payments to Participants. A Participant shall not be entitled to receive any greater payment under any of §§4.36.2.2, 4.4 or 4.8 6.6 and 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 Borrower’s Borrowers’ prior written consent.

Appears in 2 contracts

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

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Payments to Participants. A Participant shall not be entitled to receive any greater payment under any of §§4.3, 4.2 and 4.4 or 4.8 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 Borrower’s prior written consent.

Appears in 1 contract

Samples: Term Loan Agreement (Physicians Formula Holdings, Inc.)

Payments to Participants. A Participant shall not be entitled to receive any greater payment under any of §§4.3Section 4.1, 4.3 or 4.4 or 4.8 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 Borrower’s 's prior written consent.

Appears in 1 contract

Samples: Credit Agreement (Regent Communications Inc)

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