Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their Applicable Percentages. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 7 contracts
Samples: Credit Agreement (Sealy Corp), Credit Agreement (Railamerica Inc /De), Credit Agreement (Sealy Corp)
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their Applicable Percentagesthen applicable Term Loan Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 7 contracts
Samples: Superpriority Secured Debtor in Possession Credit Agreement (Intelsat S.A.), Superpriority Secured Debtor in Possession Credit Agreement (Intelsat S.A.), Superpriority Secured Debtor in Possession Credit Agreement (Intelsat S.A.)
Pro Rata Borrowings. Each Borrowing The Borrowings of Revolving Credit Loans of any Class under this Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable PercentagesCommitments in respect of such Class. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans a Loan hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Loans hereunder.
Appears in 6 contracts
Samples: Credit Agreement (Dynagas LNG Partners LP), Credit Agreement (Seadrill Partners LLC), Credit Agreement (Seadrill Partners LLC)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted made by the Lenders pro rata on the basis of their Applicable PercentagesRevolving Commitments. It is understood that the obligations of the Lenders hereunder are several (and not joint), that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 5 contracts
Samples: Credit Agreement (Air Transport Services Group, Inc.), Credit Agreement (Air Transport Services Group, Inc.), Credit Agreement (Air Transport Services Group, Inc.)
Pro Rata Borrowings. Each Borrowing Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the applicable Lenders pro rata on the basis of their Applicable PercentagesCommitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitments hereunder.
Appears in 5 contracts
Samples: Credit Agreement (Ball Corp), Credit Agreement (Ball Corp), Credit Agreement (Ball Corp)
Pro Rata Borrowings. Each Borrowing of Term Loans or Revolving Credit Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their Applicable Percentagesthen-applicable Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 5 contracts
Samples: Credit Agreement (Bristol West Holdings Inc), Credit Agreement (Randalls Food Markets Inc), Credit Agreement (Wki Holding Co Inc)
Pro Rata Borrowings. Each Borrowing Except as expressly provided in Section 2A.9(e), Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the applicable Lenders pro rata on the basis of their Applicable Percentagesapplicable Facility Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitments hereunder.
Appears in 4 contracts
Samples: Credit Agreement (Crown Holdings Inc), Credit Agreement (Crown Holdings Inc), Credit Agreement (Crown Holdings Inc)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable Percentagesapplicable Term Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Term Commitments hereunder.
Appears in 4 contracts
Samples: Term Loan Agreement (Texas Petrochemicals Inc.), Term Loan Agreement (Texas Petrochemicals Inc.), Term Loan Agreement (Texas Petrochemicals Inc.)
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their Applicable Percentagesthen-applicable Revolving Credit Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Goodman Global Group, Inc.), Revolving Credit Agreement (Goodman Sales CO), Revolving Credit Agreement (Kindercare Learning Centers Inc /De)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted made by the Lenders pro rata on the basis of their Applicable PercentagesRevolving Loan Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Revolving Loans hereunder and that each Lender shall be obligated to make the Revolving Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 3 contracts
Samples: Senior Secured Reducing Revolving Credit Agreement (Di Industries Inc), Loan Agreement (Grey Wolf Inc), Senior Secured Revolving Credit Agreement (Di Industries Inc)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable PercentagesCommitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Revolving Loans hereunder and that each Lender shall be obligated to make the Revolving Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Revolving Loans hereunder.
Appears in 3 contracts
Samples: Credit Agreement (Furniture Brands International Inc), Credit Agreement (Furniture Brands International Inc), Credit Agreement (Compuware Corporation)
Pro Rata Borrowings. Each Borrowing Except as expressly provided in Section 2A.9(e), Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the applicable Lenders pro rata on the basis of their Applicable PercentagesCommitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitments hereunder.
Appears in 3 contracts
Samples: Credit Agreement (Crown Holdings Inc), Credit Agreement (Ball Corp), Credit Agreement (Crown Holdings Inc)
Pro Rata Borrowings. Each Borrowing Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the applicable Lenders pro rata on the basis of their Applicable Percentagesapplicable Commitments under the applicable Facility. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitments hereunder.
Appears in 3 contracts
Samples: Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc)
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their Applicable Percentagesthen-applicable Pro Rata Share of the Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 3 contracts
Samples: First Lien Credit Agreement (Teligent, Inc.), First Lien Credit Agreement (Teligent, Inc.), First Lien Revolving Credit Agreement (Teligent, Inc.)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable PercentagesRevolving Commitments, as the case may be. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Revolving Commitment hereunder.
Appears in 3 contracts
Samples: Credit Agreement (BMC Industries Inc/Mn/), Credit Agreement (Compx International Inc), Credit Agreement (BMC Industries Inc/Mn/)
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans under this Agreement shall be granted made by the Lenders pro rata on the basis of their Applicable respective Commitment Percentages. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 3 contracts
Samples: Term Loan Credit Agreement (ITC Holdings Corp.), Term Loan Credit Agreement (ITC Holdings Corp.), Term Loan Credit Agreement (ITC Holdings Corp.)
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans The Loan made under this Agreement shall be granted made by the Lenders pro rata on the basis of their Applicable Percentagesrespective Loan Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans its portion of the Loan hereunder and that each Lender shall be obligated to make its portion of the Loans provided to be made by it Loan hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 2 contracts
Samples: First Lien Senior Credit Agreement (Wellman Inc), Second Lien Senior Credit Agreement (Wellman Inc)
Pro Rata Borrowings. Each Borrowing Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the applicable Lenders pro rata on the basis of their Applicable Percentagesapplicable Facility Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitments hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable PercentagesRevolving Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitments hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable PercentagesRevolving Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Revolving Commitment or make Revolving Loans hereunder.
Appears in 2 contracts
Samples: Credit Agreement (BMC Industries Inc/Mn/), Second Amendment and Restatement Agreement (BMC Industries Inc/Mn/)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Initial Loans under this Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable PercentagesCommitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Loans hereunder.
Appears in 2 contracts
Samples: Bridge Loan Agreement (CF Industries Holdings, Inc.), Bridge Loan Agreement (CF Industries Holdings, Inc.)
Pro Rata Borrowings. Each Borrowing Except as provided in Section 15, all Borrowings of Revolving Credit Loans under this Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable PercentagesCommitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Loans hereunder.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Toys R Us Inc), Syndicated Facility Agreement (Toys R Us Inc)
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans under this Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable PercentagesCommitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Loans hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Centerpoint Energy Inc), Credit Agreement (Centerpoint Energy Inc)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable respective Percentages. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Loans hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)
Pro Rata Borrowings. Each Borrowing of Revolving Credit All Loans under this Agreement shall be granted made by the Lenders pro rata on the basis of their Applicable PercentagesTerm Commitments or Revolving Commitments, as the case may be. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 2 contracts
Samples: Credit Agreement (National Tobacco Co Lp), Credit Agreement (National Tobacco Co Lp)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted incurred by the Lenders pro rata on the basis of their Applicable PercentagesRevolving Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Revolving Loans hereunder and that each Lender shall be obligated to make the Revolving Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable Percentagesapplicable Revolving Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Revolving Commitments hereunder.
Appears in 1 contract
Samples: Credit Agreement (Huntsman Advanced Materials (UK) LTD)
Pro Rata Borrowings. Each Borrowing of A Term Loans, B Term Loans or Revolving Credit Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their Applicable Percentagesthen-applicable Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans All Borrowings under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable PercentagesCommitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitment or make Loans hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans of any Class under this Agreement shall be granted by incurred from the Lenders of such Class pro rata on the basis of their Applicable Percentagesapplicable Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Loans hereunder.
Appears in 1 contract
Samples: New First Lien Loan Agreement
Pro Rata Borrowings. Each Borrowing of A Term Loans, B Term Loans, C Term Loans or Revolving Credit Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their Applicable Percentagesthen-applicable Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans -------------------- under this Agreement shall be granted by the Lenders pro rata on the basis of --- ---- their Applicable Percentagesthen- applicable Revolving Credit Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Samples: Credit Agreement (Borden Chemicals & Plastics Limited Partnership /De/)
Pro Rata Borrowings. Each Borrowing of Term Loans or Revolving Credit Loans under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable Percentagesthen-applicable Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Samples: Credit Agreement (Brunos Inc)
Pro Rata Borrowings. Each Borrowing The borrowing of Revolving Credit Loans under this Agreement shall be granted by the Lenders pro rata on the basis of gross proceeds equal to 99.00% of their Applicable Percentagesrespective Commitments of the Loans. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable PercentagesRevolving Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitment hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under ------------------- this Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable Percentages--- ---- Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Revolving Loans hereunder and that each Lender shall be obligated to make the Revolving Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Revolving Loans hereunder.
Appears in 1 contract
Samples: Credit Agreement (Waters Corp /De/)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the Lenders pro rata on the basis of -------------------- their Applicable Percentagesapplicable Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitments hereunder.
Appears in 1 contract
Samples: Credit Agreement (Us Can Corp)
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans under this Agreement shall be granted made by the Lenders pro rata on the basis of their Applicable then-applicable Commitment Percentages. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans under this Agreement shall be granted made by the Lenders pro rata on the basis of their Applicable Percentagesthen-applicable Commitment Percentage. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans and Term Loans under this Agreement shall be granted made by the Lenders pro rata on the basis of their Applicable PercentagesRevolving Loan Commitments or Term Loan Commitments, respectively. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing The borrowing of Revolving Credit Loans under this Agreement shall be granted by the Lenders pro rata on the basis basis, and in the amount, of 99.00% of their Applicable Percentagesrespective Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Samples: Credit Agreement (Verso Paper Corp.)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable PercentagesRevolving Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Loans hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing All Borrowings of Multicurrency Revolving Credit Loans under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable Percentagesapplicable Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments obligations with respect to its Commitments hereunder.
Appears in 1 contract
Samples: Credit Agreement (Greif Inc)
Pro Rata Borrowings. Each The Borrowing of Revolving Credit Loans under this Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable PercentagesCommitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Loans hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans under this ------------------- Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable Percentages--- ---- Revolving Loan Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Revolving Loans hereunder and that each Lender shall be obligated to make the Revolving Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Revolving Loans hereunder.
Appears in 1 contract
Samples: Credit Agreement (Nm Licensing LLC)
Pro Rata Borrowings. Each Borrowing All Borrowings of Revolving Credit Loans (including Mandatory Borrowings) under this Agreement shall be granted by incurred from the Lenders pro rata on the basis of their Applicable RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender in of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill make its commitments Loans hereunder.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility (Magellan Health Services Inc)
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans All Borrowings under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable PercentagesRevolving Loan Commitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Samples: Revolving Credit Agreement (Leading Edge Earth Products Inc)
Pro Rata Borrowings. Each Borrowing of Revolving Credit Loans under this Agreement shall be granted made by the Lenders pro rata on the basis of their Applicable Percentages. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Samples: Credit Agreement (Accellent Inc)
Pro Rata Borrowings. Each Borrowing Except as expressly provided in Section 2A.9(e), Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the applicable Lenders pro rata on the basis of their Applicable PercentagesCommitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitments hereunder.. ARTICLE IIA
Appears in 1 contract
Samples: Credit Agreement (Ball Corp)
Pro Rata Borrowings. Each Borrowing All Borrowings of Tender Offer Loans, Term Loans and Revolving Credit Loans under this Agreement shall be granted loaned by the Lenders pro rata on the basis of their Applicable PercentagesCommitments, as the case may be. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder hereunder, and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Samples: Credit Agreement (Tefron LTD)
Pro Rata Borrowings. Each Borrowing of Revolving Credit All Loans under this Agreement shall be granted made by the Lenders pro rata on the basis of their Applicable PercentagesRevolving Commitments. It is understood that no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder.
Appears in 1 contract
Pro Rata Borrowings. Each Borrowing Except as expressly provided in Section 2A.9(e), all Borrowings of Revolving Credit Loans under this Agreement shall be granted loaned by the applicable Lenders pro rata on the basis of their Applicable PercentagesCommitments. It is understood that no No Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments Commitment hereunder.
Appears in 1 contract
Samples: Credit Agreement (Ball Corp)
