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 of Loans under the Facility by the Company or any Subsidiary Borrower from the Lenders under the Facility, each payment by the Company or any Subsidiary Borrower on account of any Facility Fee and any reduction of the Commitments of the Lenders under the Facility shall be made pro rata according to the respective Percentages under the Facility, of the relevant Lenders in the Facility except to the extent required or permitted pursuant to Sections 2.11, 2.24 and 2.25.

Appears in 2 contracts

Samples: Guarantee Agreement (General Motors Financial Company, Inc.), Credit Agreement (General Motors Financial Company, Inc.)

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Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans under the Facility by the Company or any Subsidiary Borrower from the Lenders under the Facility, each payment by the Company or any Subsidiary Borrower on account of any Facility Fee and any reduction of the Commitments of the Lenders under the Facility shall be made pro rata according to the respective Percentages under the Facility, of the relevant Lenders in the Facility except to the extent required or permitted pursuant to Sections 2.9, 2.11, 2.24 and 2.25.

Appears in 2 contracts

Samples: Guarantee Agreement (General Motors Financial Company, Inc.), Joinder Agreement (General Motors Co)

Pro Rata Treatment and Payments; Evidence of Debt. (aix) Each borrowing of Loans under the Facility by the Company or any Subsidiary Borrower from the Lenders under the Facility, each payment by the Company or any Subsidiary Borrower on account of any Facility Fee and any reduction of the Commitments of the Lenders under the Facility shall be made pro rata according to the respective Percentages under the Facility, of the relevant Lenders in the Facility except to the extent required or permitted pursuant to Sections 2.9, 2.11, 2.24 and 2.25.

Appears in 1 contract

Samples: Day Revolving Credit Agreement (General Motors Co)

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans under the Facility by the Company or any Subsidiary Borrower from the Lenders under the Facility, each payment by the Company or any Subsidiary Borrower on account of any Facility Fee and any reduction of the Commitments of the Lenders under the Facility shall be made pro rata according to the respective Percentages under the FacilityFacility (including in connection with a Commitment Reduction), of the relevant Lenders in the Facility except to the extent required or permitted pursuant to Sections 2.9, 2.11, 2.24 and 2.25.

Appears in 1 contract

Samples: Guarantee Agreement (General Motors Co)

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans under the Facility by the Company or any Subsidiary Borrower from the Lenders under the Facility, each payment by the Company or any Subsidiary Borrower on account of any Facility Fee and any reduction of the Commitments of the Lenders under the Facility shall be made pro rata according to the respective Percentages under the Facility, of the relevant Lenders in the Facility except to the extent required or permitted pursuant to Sections 2.11, 2.24 and 2.25.

Appears in 1 contract

Samples: Day Revolving Credit Agreement (General Motors Co)

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans under the Facility by the Company or any Subsidiary Borrower from the Lenders under the Facility, each payment by the Company or any Subsidiary Borrower on account of any Facility Commitment Fee in accordance with Section 2.10 and any reduction of the Commitments of the Lenders under the Facility shall be made pro rata according to the respective Percentages under the Facility, Facility of the relevant Lenders in the Facility except to the extent required or permitted pursuant to Sections 2.11, 2.24 and 2.25.

Appears in 1 contract

Samples: Guarantee Agreement (General Motors Co)

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Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans under the any Facility by the Company or any Subsidiary Borrower from the Lenders under the Facility, each payment by the Company or any Subsidiary Borrower on account of any such Facility Fee hereunder and any reduction of the Commitments of the Lenders under the any Facility shall be made pro rata according to the respective Aggregate Exposure Percentages under the Facility, of the relevant Lenders in the such Facility except to the extent required or permitted pursuant to Sections 2.11, 2.24 and 2.25Section 2.182.18.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ford Motor Co)

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Revolving Loans under the any Facility by the Company or any Subsidiary Borrower from the Lenders under the Facility, each payment by the Company or any Subsidiary Borrower on account of any such Facility Fee hereunder and any reduction of the Commitments of the Lenders under the any Facility shall be made pro rata according to the respective Revolving Percentages under the Facility, of the relevant Lenders in the such Facility except to the extent required or permitted pursuant to Sections 2.112.2, 2.24 2.14, 2.16(b), 2.16(c), 2.29. 2.30 and 2.252.33.

Appears in 1 contract

Samples: Credit Agreement (Ford Motor Co)

Pro Rata Treatment and Payments; Evidence of Debt. (a) Each borrowing of Loans under the any Facility by the Company or any Subsidiary Borrower from the Lenders under the such Facility, each payment by the Company or any Subsidiary Borrower on account of any Facility Fee and any reduction of the Commitments of the Lenders under the any Facility shall be made pro rata according to the respective Percentages under the such Facility, of the relevant Lenders in the such Facility except to the extent required or permitted pursuant to Sections 2.112.8, 2.24 2.10, 2.23, 2.24, 2.26 and 2.252.28.

Appears in 1 contract

Samples: Guarantee Agreement (General Motors Co)

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