Pro Rata Advances. All Advances under this Agreement shall be incurred from the Banks pro rata, on the basis of their respective Commitments. It is understood that no Bank shall be responsible for any default by any other Bank in its obligation to make Loans hereunder and that each Bank shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Bank to fulfill its commitments hereunder.
Pro Rata Advances. All Advances under the Credit Facilities made by the Lenders will be made in accordance with each Participating Lender’s Rateable Portion of such Advance.
Pro Rata Advances. Subject to Sections 2.3, 2.8(b), 6.3, 6.4 and 6.5, all Advances made by the Lenders will be made in accordance with each Lender's Rateable Portion of such Advance.
Pro Rata Advances. Subject to Sections 6.1, 6.2, 6.3 and 6.4, all Advances made by the Lenders will be made in accordance with each Participating Lender’s Rateable Portion of such Advance, except to the extent that the Agent deems any variations therefrom to be immaterial. The Agent shall determine all adjustments to the amounts required to be advanced by the Lenders to reflect as nearly as practicable the respective Rateable Portions of the Lenders under the Credit Facilities.
Pro Rata Advances. Each Borrower may, upon at least three Business Days’ notice to the Facility Agent stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given such Borrower shall, prepay the outstanding principal amount of the Pro Rata Advances comprising part of the same Pro Rata Borrowing in whole or ratably in part; provided, however, that each partial prepayment shall be in an aggregate principal amount of no less than €50,000,000 or $50,000,000, as the case may be, or the remaining balance if less than €50,000,000 or $50,000,000.
Pro Rata Advances. (a) Except with respect to (i) any Facility Debt Commitments that have been suspended pursuant to any Facility Agreement, (ii) Loans the proceeds of which are to be used for specified purposes, including Working Capital Debt, as specified in the applicable Facility Agreements and (iii) Advances to pay interest and commitment fees during the Availability Period under a respective Facility Agreement (which shall be borrowed pursuant to the terms of such respective Facility Agreement), the Borrower shall borrow concurrently under each of the Facility Agreements whose Facility Debt Commitments have not been fully borrowed or cancelled and shall borrow pro rata in the proportion that the unborrowed portion of each Facility Lender’s Facility Debt Commitment bears to the total of the unborrowed portion of the Senior Debt Commitments of all relevant Facility Lenders under the applicable Facility Agreements. If Advances cannot be made exactly pro rata due solely to minimum disbursement amounts and required integral multiples of disbursements under any Facility Agreement, Advances shall be made in amounts as near to such exactly proportionate amounts as possible, to the extent reasonably practicable and in a manner that is consistent, fair and equitable across affected Facility Agreements, and shall be deemed to be Advances in compliance with this Section 2.4 (Pro Rata Advances).
(b) The Borrower shall promptly notify the Intercreditor Agent (providing reasonably sufficient details) if funds are not received from any Facility Lender by the close of business on the next succeeding Business Day after the date on which any such disbursement is due to be received.
Pro Rata Advances. Unless otherwise expressly provided for hereunder, the Borrower shall choose Accommodations such that the amount and type thereof shall be allocated among the Lenders proportionately based on their Pro Rata Shares. Accommodations shall be made available by the Lender and all repayments and reductions thereof shall be made and applied in a manner so that the Accommodation provided by each of the Lenders will correspond to their respective Pro Rata Shares of the Aggregate Commitments. In the event it is not practicable to allocate a type of Accommodation in accordance with this Section 2.4(b), the Agent is authorized by the Borrower and each Lender to make such allocation as the Agent determines in its sole and unfettered discretion may be equitable in the circumstances; provided that such allocation results in the Accommodation made by each Lender being within Canadian $1,000 of such Lender’s respective Pro Rata Share.
Pro Rata Advances. Each Revolving Credit Facility Advance and the type of Accommodation of each Revolving Credit Facility Advance shall be made available by each Revolving Credit Facility Lender and all repayments and reductions in respect thereof shall be made and applied in a manner so that the Revolving Credit Facility Advance and the type of Accommodation of each Revolving Credit Facility Advance outstanding hereunder to each Revolving Credit Facility Lender will, to the extent possible, be in the same proportion as the Revolving Credit Facility Lender's Revolving Credit Facility Individual Commitment Amount is to the Revolving Credit Facility Commitment Amount. In the event it is not practicable to allocate a type of Accommodation in accordance with this Section 2.4(c) because of the amount of the Accommodation and the Revolving Credit Facility Individual Commitment Amount of each Revolving Credit Facility Lender or by reason of the occurrence of circumstances described in Sections 6.3 or 6.4, the Agent is authorized by the Borrower and each Revolving Credit Facility Lender to make such allocation as the Agent determines in its sole and unfettered discretion may be equitable in the circumstances; provided that such allocation results in the Revolving Credit Facility Advances made by each Revolving Credit Facility Lender being within Canadian $1,000 of that Revolving Credit Facility Lender's proportionate share of all Revolving Credit Facility Advances, based upon the ratio of its Revolving Credit Facility Individual Commitment Amount to the Revolving Credit Facility Commitment Amount.
Pro Rata Advances. Each Advance and the type of Accommodation of each Advance shall be made available by each Lender and all repayments and reductions in respect thereof shall be made and applied in a manner so that the Advance and the type of Accommodation of each Advance outstanding hereunder to each Lender will, to the extent -39- Execution Form CAL_LAW\ 1265540\5 possible, be in the same proportion as the Lender's Individual Commitment Amount is to the Commitment Amount. In the event it is not practicable to allocate a type of Accommodation in accordance with this Section 2.4(c) because of the amount of the Accommodation and the Individual Commitment Amount of each Lender or by reason of the occurrence of circumstances described in Sections 6.3 or 6.4, the Agent is authorized by the Borrower and each Lender to make such allocation as the Agent determines in its sole and unfettered discretion may be equitable in the circumstances; provided that such allocation results in the Advances made by each Lender being within Canadian $1,000 of that Lender's proportionate share of all Advances, based upon the ratio of its Individual Commitment Amount to the Commitment Amount.
Pro Rata Advances. Heller and Textron shall have funded advances requested by the Borrowxx xx accordance with Section 2.1(c) hereof and the Intercreditor Agreement.
