Common use of Pro rata interest settlement Clause in Contracts

Pro rata interest settlement. (a) If the Agent has notified the Issuing Banks that it is able to distribute interest payments on a “pro rata basis” to Existing Issuing Banks and New Issuing Banks then (in respect of any transfer pursuant to Clause 19.5 (Procedure for transfer) or any assignment pursuant to Clause 19.6 (Procedure for assignment) the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):

Pro rata interest settlement. (a) 26.5.1 If the Agent has notified the Issuing Banks that it is able to distribute interest payments on a “pro rata basis” to Existing Issuing Banks and New Issuing Banks then (in respect of any transfer pursuant to Clause 19.5 26.2 (Transfer by Banks) or a novation pursuant to Clause 26.3 (Procedure for transfer) or any assignment pursuant to Clause 19.6 (Procedure for assignmentnovations) the date on which the transfer or novation effective (the “Transfer Date Date”) of which, in each case, is after the date of such notification and is not on the last day of an Interest Perioda Term):

Pro rata interest settlement. (a) 26.5.1 If the Agent has notified the Issuing Banks that it is able to distribute interest payments on a “pro rata basis” to Existing Issuing Banks and New Issuing Banks then (in respect of any transfer pursuant to Clause 19.5 26.2 (Transfer by Banks) or a novation pursuant to Clause 26.3 (Procedure for transfer) or any assignment pursuant to Clause 19.6 (Procedure for assignmentnovations) the date on which the transfer or novation effective (the “Transfer Date Date”) of which, in each case, is after the date of such notification and is not on the last day of an Interest Perioda Term End Date):

Pro rata interest settlement. (a) If the Agent has notified the Issuing Banks that it is able to distribute interest payments on a “pro rata basis” basis to Existing Issuing Banks and New Issuing Banks then (in respect of any transfer pursuant to Clause 19.5 28.3 (Procedure for transfer) or any assignment pursuant to Clause 19.6 (Procedure for assignmentnovations) the Transfer Date of which, in each case, which is after the date of such notification and is not on the last day of an Interest Period):

Pro rata interest settlement. (a) 26.5.1 If the Agent has notified the Issuing Banks that it is able to distribute interest payments on a “"pro rata basis” " to Existing Issuing Banks and New Issuing Banks then (in respect of any transfer pursuant to Clause 19.5 26.2 (Transfers by Banks) or a novation pursuant to Clause 26.3 (Procedure for transfer) or any assignment pursuant to Clause 19.6 (Procedure for assignmentnovations) the date on which the transfer or novation effective (the "Transfer Date Date") of which, in each case, is after the date of such notification and is not on the last day of an Interest Perioda Term End Date):