Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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 make its Loans hereunder.
Appears in 6 contracts
Samples: Pledge Agreement (Affinity Gaming, LLC), Credit Agreement (Pyramid Communication Services, Inc.), Security Agreement (Town Sports International Holdings Inc)
Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, ; provided that all Mandatory Borrowings shall be incurred from the RL Revolving Lenders pro rata on the basis of their RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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 make its Loans hereunder.
Appears in 5 contracts
Samples: Credit and Guaranty Agreement (Ancestry.com LLC), Credit and Guaranty Agreement (Ancestry.com LLC), Credit and Guaranty Agreement (Ancestry.com LLC)
Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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 make its Loans hereunder.
Appears in 5 contracts
Samples: Credit Agreement (Radio One, Inc.), Credit Agreement (Global Cash Access Holdings, Inc.), Credit Agreement (Duratek Inc)
Pro Rata Borrowings. All Borrowings of Initial Tranche B Term Loans, Tranche C Term Loans and Incremental Term Loans and Revolving Loans of a given Tranche under this Agreement shall be incurred from the Lenders pro rata on the basis of their Initial such Lenders’ Tranche B Term Loan Commitments, applicable Tranche C Term Loan Borrowing Amounts or Incremental Term Loan Commitments or Revolving Loan Commitmentsof the applicable given Tranche, as the case may be, provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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 make its Loans hereunder.
Appears in 4 contracts
Samples: Credit Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc)
Pro Rata Borrowings. All Borrowings Each Borrowing of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from granted by the Lenders pro rata on the basis of their Initial then-applicable Term Loan Commitments, applicable Incremental Term Loan Commitments . Each Borrowing of Revolving Credit Loans or Extended Revolving Loan CommitmentsCredit Loans, as the case may beapplicable, provided that all Mandatory Borrowings under this Agreement shall be incurred from granted by the RL Lenders pro rata on the basis of their RL Percentagesthen-applicable Revolving Credit Commitments or Extended Revolving Credit Commitments, as applicable. It is understood that no Lender shall be responsible for any default by any other Lender of 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 make fulfill its Loans commitments hereunder.
Appears in 2 contracts
Samples: Security Agreement (Rockwood Specialties Group Inc), Credit Agreement (Rockwood Holdings, Inc.)
Pro Rata Borrowings. All Borrowings Borrowing of the Initial Term Loans, Incremental Loan funded on the Closing Date under this Agreement shall be made by each Term Loans and Lender with an Initial Term Loan Commitment on the basis of its then-applicable Initial Term Loan Commitment. Each Borrowing of Revolving Loans under this Agreement shall be incurred from the Lenders pro rata made by each Revolving Lender with a Revolver Commitment on the basis of their Initial Term Loan Commitments, its then-applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL PercentagesRevolver Commitment. It is understood that no Lender shall be responsible for any default by any other Lender of 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 make fulfill its Loans commitments hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Adma Biologics, Inc.), Credit Agreement (Evolent Health, Inc.)
Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders Banks pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided provided, that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred from the RL Lenders Banks with Revolving Loan Commitments pro rata on the basis of their Adjusted RL Percentages. It is understood that no Lender No Bank shall be responsible for any default by any other Lender Bank of its obligation to make Loans hereunder and that each Lender Bank shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender Bank to make its Loans hereunder.
Appears in 2 contracts
Samples: And (Omniquip International Inc), Credit Agreement (Omniquip International Inc)
Pro Rata Borrowings. All Borrowings of Initial A Term Loans, B Term Loans, Revolving Loans and Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Initial A Term Loan Commitments, B Term Loan Commitments, Revolving Loan Commitments and applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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 make its Loans hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Lee Enterprises, Inc), Credit Agreement (Lee Enterprises Inc)
Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred by the Borrower from the Lenders pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental such Lenders' Term Loan Commitments or Revolving Loan Commitments, as the case may be, ; provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred from the RL Lenders pro rata on the basis of their respective Adjusted RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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 make fulfill its Loans commitments hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Pacer International Inc), Credit Agreement (Quality Distribution Inc)
Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from loaned by the Banks pro rata on the basis of their Percentages, provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowing shall be loaned by the Banks pro rata on the basis of their Adjusted Percentages. All Borrowings of Swingline Loans shall be loaned by the Swingline Lenders pro rata on the basis of their Initial Term Loan Swingline Commitments, applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL Percentages. It is understood that no Lender Bank shall be responsible for any default by any other Lender of Bank in its obligation to make Loans hereunder and that each Lender Bank shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender Bank to make fulfill its Loans commitments hereunder.
Appears in 2 contracts
Samples: Nabisco Credit Agreement (RJR Nabisco Inc), Nabisco Credit Agreement (Nabisco Inc)
Pro Rata Borrowings. All Borrowings of Initial Term A Dollar Loans, Incremental Term A Euro Loans, Term B Loans, Term C Loans, Domestic Revolving Loans and Multicurrency Revolving Loans under this Agreement shall be incurred from loaned by the Lenders pro rata on the basis of their Initial Term Loan A Dollar Commitments, applicable Incremental Term Loan A Euro Commitments, Term B Commitments, Term C Commitments, Domestic Revolving Commitments or Multicurrency Revolving Loan Commitments, as the case may be, provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL Percentages. It is understood that no No Lender shall be responsible for any default by any other Lender of 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 make fulfill its Loans Commitments hereunder.
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Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred from the RL Lenders pro rata on the basis of their RL Adjusted Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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 make its Loans hereunder.
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Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans B and Revolving Loans under this Agreement shall be incurred from made by the Lenders Banks pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan B Commitments or Revolving Loan Commitments, as the case may be, provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred from the RL Lenders Banks with Revolving Loan Commitments pro rata on the basis of their RL Adjusted Percentages. It is understood that no Lender Bank shall be responsible for any default by any other Lender Bank of its obligation to make Loans hereunder and that each Lender Bank shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender Bank to make its Loans hereunder.
Appears in 1 contract
Samples: Credit Agreement (Primedia Inc)
Pro Rata Borrowings. All Borrowings of Initial A Term Loans, Incremental B Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders Banks pro rata on the basis of their Initial A Term Loan Commitments, applicable Incremental B Term Loan Commitments or Revolving Loan Commitments, as the case may be; provided, provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred from the RL Lenders Banks with Revolving Loan Commitments pro rata on the basis of their RL Adjusted Percentages. It is understood that no Lender Bank shall be responsible for any default by any other Lender Bank of its obligation to make Loans hereunder and that each Lender Bank shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender Bank or Banks to make its or their Loans hereunder.
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Pro Rata Borrowings. All Borrowings of Initial Term Loans (other than Swingline Loans, Incremental Term Loans and Revolving Loans ) under this Agreement shall be incurred from the Lenders Banks pro rata on the basis of their Initial respective A Term Loan Commitments, applicable Incremental B Term Loan Commitments or Revolving Loan Commitments, as the case may be, ; provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred by the Borrower from the RL Lenders Banks pro rata on the basis of their RL Percentages. It is understood that no Lender Bank shall be responsible for any default by any other Lender Bank of its obligation to make Loans hereunder and that each Lender Bank shall be obligated to make the Loans provided to be made by it hereunder, hereunder regardless of the failure of any other Lender Bank to make its Loans hereunder.
Appears in 1 contract
Samples: Credit Agreement (Ubiquitel Inc)
Pro Rata Borrowings. All Borrowings of Initial B Term Loans, Delayed-Draw B Term Loans, Incremental B Term Loans and Revolving RF Loans under this Agreement shall be incurred from made by the Lenders pro rata on the basis of their Initial B Term Loan Commitments, applicable Delayed-Draw B Term Commitments, Incremental B Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL Percentagesif any. It is understood that no Lender shall be responsible for any default by any other Lender of 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 make fulfill its Loans commitments hereunder.
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Pro Rata Borrowings. All Borrowings of Initial B Term Loans, Delayed-Draw Term Loans, Incremental B Term Loans and Revolving RF Loans under this Agreement shall be incurred from made by the Lenders pro rata on the basis of their Initial B Term Loan Commitments, applicable Delayed-Draw Term Commitments, Incremental B Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL Percentagesif any. It is understood that no Lender shall be responsible for any default by any other Lender of 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 make fulfill its Loans commitments hereunder.
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Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from loaned by the Lenders pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, Percentages; provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred from loaned by the RL Lenders pro rata on the basis of their RL Adjusted Percentages. All Borrowings of Swingline Loans shall be loaned by the Swingline Lenders pro rata on the basis of their Swingline Commitments. It is understood that no Lender shall be responsible for any default by any other Lender of 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 make fulfill its Loans commitments hereunder.
Appears in 1 contract
Samples: Credit Agreement (Rj Reynolds Tobacco Holdings Inc)
Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from made by the Lenders Banks pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, ; provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred from the RL Lenders Banks with Revolving Loan Commitments pro rata on the basis of their RL Adjusted Percentages. It is understood that no Lender Bank shall be responsible for any default by any other Lender Bank of its obligation to make Loans hereunder and that each Lender Bank shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender Bank to make its Loans hereunder.
Appears in 1 contract
Samples: Credit Agreement (Primedia Inc)
Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred by the Borrower from the Lenders pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental such Lenders’ Term Loan Commitments or Revolving Loan Commitments, as the case may be, ; provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred from the RL Lenders pro rata on the basis of their respective Adjusted RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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 make fulfill its Loans commitments hereunder.
Appears in 1 contract
Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan Commitments or Revolving their Revolvin g Loan Commitments, as the case may be, provided that all . All Mandatory Borrowings made pursuant to Section 1.01(d) shall be incurred from made by the RL Lenders with Revolving Loan Commitments pro rata on the basis of their RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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 make its Loans hereunder.
Appears in 1 contract
Pro Rata Borrowings. All Borrowings Borrowing of the Initial Term Loans, Incremental Term Loans and Revolving Loans Loan funded on the Closing Date under this Agreement shall be incurred from the Lenders pro rata made by each Lender with an Initial Term Loan Commitment on the basis of their its then-applicable Initial Term Loan Commitments, applicable Incremental Commitment. Each Borrowing of Delayed Draw Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided that all Mandatory Borrowings under this Agreement shall be incurred from the RL Lenders pro rata made by each Lender with a DDTL Commitment on the basis of their RL Percentagesits then-applicable DDTL Commitment. It is understood that no Lender shall be responsible for any default by any other Lender of 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 make fulfill its Loans commitments hereunder.. SECTION 2.08
Appears in 1 contract
Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders Banks pro rata on the basis of their Initial A Term Loan Commitments, applicable Incremental B Term Loan Commitments, C Term Loan Commitments or Revolving Loan Commitments, as the case may be, provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred from the RL Lenders Banks pro rata on the basis of their RL Adjusted Percentages. It is understood that no Lender Bank shall be responsible for any default by any other Lender Bank of its obligation to make Loans hereunder and that each Lender Bank shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender Bank to make its Loans hereunder.
Appears in 1 contract
Samples: Credit Agreement (Interco Inc)
Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders pro rata within each Tranche on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, ; provided that all Mandatory Borrowings shall be incurred from the RL Revolving Lenders pro rata on the basis of their RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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, hereunder (solely to the extent such Lender is so obligated) regardless of the failure of any other Lender to make its Loans hereunder.
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Pro Rata Borrowings. All Borrowings of Initial Term Loans, Incremental Term Loans and Revolving Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Initial Term Loan Commitments, applicable Incremental Term Loan Commitments or Revolving Loan Commitments, as the case may be, ; provided that all Mandatory Borrowings shall be incurred from the RL Lenders pro rata on the basis of their RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided required to be made by it hereunder, regardless of the failure of any other Lender to make its Loans hereunder.
Appears in 1 contract
Samples: Credit Agreement (Town Sports International Holdings Inc)
Pro Rata Borrowings. All Borrowings of Initial A Term Loans, Incremental B Term Loans and Revolving Loans under this Agreement shall be incurred by the Borrower from the Lenders pro rata on the basis of their Initial A Term Loan Commitments, applicable Incremental B Term Loan Commitments or Revolving Loan Commitments, as the case may be, ; provided that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowings Borrowing shall be incurred from the RL Lenders pro rata on the basis of on their RL Percentages. It is understood that no Lender shall be responsible for any default by any other Lender 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 make fulfill its Loans commitments hereunder.
Appears in 1 contract
Samples: Security Agreement (Marathon Power Technologies Co)