Common use of Pro Rata Treatment Amongst Lenders Clause in Contracts

Pro Rata Treatment Amongst Lenders. Except as otherwise provided herein each borrowing, each payment of principal or interest on the Advances, each payment of fees contemplated hereunder and each reduction of the Commitments shall be made or shared among the Lenders pro rata according to their respective applicable Commitments (or, if such Commitments shall have expired or terminated, other than with respect to payment of Unused Line Fees, in accordance with the respective principal amounts of their outstanding Advances). Each Lender agrees that in computing each Xxxxxx’s portion of any Advance to be made hereunder, the Borrower may (with the consent of the Administrative Agent) round each Lender’s percentage of such Advance out to 9 decimal places. [***] = Certain information contained in this document, marked by brackets, has been omitted because it is both not material and would be competitively harmful if publicly disclosed.

Appears in 1 contract

Samples: Credit Agreement (Sunrun Inc.)

AutoNDA by SimpleDocs

Pro Rata Treatment Amongst Lenders. (A) Except as otherwise provided herein each borrowing, each payment of principal or interest on the Revolving Advances, each payment of fees contemplated hereunder and each reduction of the Commitments shall be made or shared among the Lenders pro rata according to their respective applicable Commitments (or, if such Commitments shall have expired or terminated, other than with respect to payment of Unused Line Fees, in accordance with the respective principal amounts of their outstanding Revolving Advances). Each Lender agrees that in computing each XxxxxxLender’s portion of any Revolving Advance to be made hereunder, the Borrower may (with the consent of the Administrative Agent) Agent may, in its discretion, round each Lender’s percentage of such Revolving Advance out to 9 decimal places. [***] = Certain information contained in this document, marked by brackets, has been omitted because it is both not material and would be competitively harmful if publicly disclosed.

Appears in 1 contract

Samples: Credit Agreement (Vivint Solar, Inc.)

Pro Rata Treatment Amongst Lenders. Except as otherwise provided herein each borrowing, each payment of principal or interest on the Advances, each payment of fees contemplated hereunder and each reduction of the Commitments shall be made or shared among the Lenders pro rata according to their respective applicable Commitments (or, if such Commitments shall have expired or terminated, other than with respect to payment of Unused Line Fees, in accordance with the respective principal amounts of their outstanding Advances). Each Lender agrees that in computing each XxxxxxLender’s portion of any Advance to be made hereunder, the Borrower may (with the consent of the Administrative Agent) round each Lender’s percentage of such Advance out to 9 decimal places. [***] = Certain information contained in this document, marked by brackets, has been omitted because it is both not material and would be competitively harmful if publicly disclosed.

Appears in 1 contract

Samples: Credit Agreement (Sunrun Inc.)

AutoNDA by SimpleDocs

Pro Rata Treatment Amongst Lenders. Except as otherwise provided herein each borrowing, each payment of principal or interest on the Advances, each payment of fees contemplated hereunder and each reduction of the Commitments shall be made or shared among the Lenders pro rata according to their respective applicable Commitments (or, if such Commitments shall have expired or terminated, other than with respect to payment of Unused Line Fees, in accordance with the respective principal amounts of their outstanding Advances). Each Lender agrees that in computing each Xxxxxx’s portion of any Advance to be made hereunder, the Borrower may (with the consent of the Administrative Agent) round each Lender’s percentage of such Advance out to 9 decimal places. [***] = Certain information contained in this document, marked by brackets, has been omitted because it is both not material and would be competitively harmful if publicly disclosed.ARTICLE III

Appears in 1 contract

Samples: Custodial Agreement (Sunrun Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.