Common use of Pro Rata Treatment and Payments; Evidence of Debt Clause in Contracts

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing by the Borrower from the Lenders hereunder, and any reduction of the Commitments of the Lenders shall be made pro rata according to the respective Commitment Percentages of the Lenders.

Appears in 4 contracts

Samples: Possession Credit Agreement, Possession Credit Agreement, Possession Credit Agreement

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Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans by the Borrower Company from the Lenders hereunder, hereunder and any reduction of the Commitments of the Lenders shall be made pro rata according to the respective Commitment Aggregate Exposure Percentages of the LendersLenders except to the extent required or permitted pursuant to Section 2.18.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Ford Motor Co), Day Revolving Credit Agreement (Ford Motor Co), Revolving Credit Agreement (Ford Motor Co)

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans under any Facility by the Borrower Company from the Lenders hereunder, under such Facility hereunder and any reduction of the Commitments of the Lenders under any Facility shall be made pro rata according to the respective Commitment Aggregate Exposure Percentages of the LendersLenders in such Facility except to the extent required or permitted pursuant to Section 2.18.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Ford Motor Co), Revolving Credit Agreement (Ford Motor Co), Amendment Agreement (Ford Motor Co)

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans by the Company or any Subsidiary Borrower from the Lenders hereunder, hereunder and any reduction of the Commitments of the Lenders shall be made pro rata according to the respective Commitment Aggregate Exposure Percentages of the LendersLenders except to the extent required or permitted pursuant to Section 2.18.

Appears in 2 contracts

Samples: Day Revolving Credit Agreement (Ford Motor Co), Revolving Credit Agreement (Ford Motor Co)

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing by the Borrower from the Lenders hereunder, and any reduction of the Commitments of the Lenders shall be made pro rata according to the respective Commitment Percentages of the Lendersin accordance with Schedule 6.21(a).

Appears in 1 contract

Samples: Administration Agreement

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Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans by the Borrower from the Lenders hereunder, each payment by the Borrower on account of any commitment fee and any reduction of the Commitments of the Lenders shall be made pro rata according to the respective Commitment Percentages Percentages, of the LendersLenders except to the extent required or permitted pursuant to Sections 2.17, 2.18 and 2.20.

Appears in 1 contract

Samples: Credit Agreement (General Motors Co)

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing by the Borrower Company from the Lenders hereunder, and any reduction of the Commitments of the Lenders shall be made pro rata according to the respective Commitment Aggregate Exposure Percentages of the Lendersrelevant Lenders except to the extent required or permitted pursuant to Section 2.16.

Appears in 1 contract

Samples: Contribution Agreement (Daimler Ag)

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans by the Borrower Company from the Lenders hereunder, hereunder and any reduction of the Commitments of the Lenders shall be made pro rata according to the respective Commitment Percentages Loans and Commitments of the LendersLenders except to the extent required or permitted pursuant to Section 2.17.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Ford Motor Co)

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