Pro Rata Treatment; Application. Upon receipt by Administrative Agent of each payment from Borrower hereunder, other than as described in the succeeding sentence, Administrative Agent shall promptly credit each Lender’s account with its Pro Rata Share of such payment in accordance with such Lender’s Pro Rata Share and shall promptly wire advice of the amount of such credit to each Lender. Each payment to Administrative Agent of its fees shall be made in like manner, but for the account of Administrative Agent.
Appears in 6 contracts
Samples: Credit Agreement (Atlantic Tele Network Inc /De), Credit Agreement (Surewest Communications), Credit Agreement (Atlantic Tele Network Inc /De)
Pro Rata Treatment; Application. Upon receipt by ------------------------------- Administrative Agent of each payment from Borrower hereunder, other than as described in the succeeding sentence, Administrative Agent shall promptly credit each Lender’s 's account with its Pro Rata Share of such payment in accordance with such Lender’s 's Pro Rata Share and shall promptly wire advice of the amount of such credit to each Lender. Each payment to Administrative Agent of its fees shall be made in like manner, but for the account of Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (Unwired Telecom Corp), Credit Agreement (Us Unwired Inc)
Pro Rata Treatment; Application. Upon receipt by Administrative Agent of each payment from Borrower hereunder, other than as described in the succeeding sentence, Administrative Agent shall promptly credit (but in no event later than 11:00 a.m. (Denver time) on the next succeeding Business Day) wire transfer in immediately available funds to each Lender’s 's account with its Pro Rata Share of such payment in accordance with such Lender’s 's Pro Rata Share and shall promptly wire advice of the amount of such credit to each LenderShare. Each payment to Administrative Agent of its fees shall be made in like manner, but for the account of Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (D&e Communications Inc), Credit Agreement (D&e Communications Inc)
Pro Rata Treatment; Application. Upon receipt by Administrative Agent of each payment from Borrower hereunder, other than as described in the succeeding sentence, Administrative Agent shall promptly credit each Lender’s account with its Pro Rata Share of such payment in accordance with such LenderXxxxxx’s Pro Rata Share and shall promptly wire advice of the amount of such credit to each Lender. Each payment to Administrative Agent of its fees shall be made in like manner, but for the account of Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement
Pro Rata Treatment; Application. Upon receipt by the Administrative Agent of each payment from the Borrower hereunder, other than as described in the succeeding sentence, the Administrative Agent shall promptly credit each Lender’s account with its Pro Rata Share of such payment in accordance with such Lender’s Pro Rata Share and shall promptly wire advice of the amount of such credit to each Lender. Each payment to the Administrative Agent of its fees shall be made in like manner, but for the account of the Administrative Agent.
Appears in 1 contract
Pro Rata Treatment; Application. Upon receipt by the Administrative Agent of each payment from the Borrower hereunder, other than as described in the succeeding sentence, the Administrative Agent shall promptly credit each Lender’s 's account with its Pro Rata Share of such payment in accordance with such Lender’s 's Pro Rata Share and shall promptly wire advice of the amount of such credit to each Lender. Each payment to the Administrative Agent of its fees shall be made in like manner, but for the account of the Administrative Agent.
Appears in 1 contract
Pro Rata Treatment; Application. Upon receipt by Administrative Agent of each payment from Borrower hereunder, other than as described in the succeeding sentence, Administrative Agent shall promptly credit each Lender’s 's account with its Pro Rata Share of such payment in accordance with such Lender’s 's Pro Rata Share and shall promptly wire advice of the amount of such credit to each Lender. Each payment to Administrative Agent of its fees shall be made in like manner, but for the account of Administrative Agent.
Appears in 1 contract
Samples: Credit Agreement (Us Unwired Inc)
Pro Rata Treatment; Application. Upon receipt by Administrative Agent of each payment from Borrower hereunder, other than as described in the succeeding sentence, Administrative Agent shall promptly credit each Lender’s account with its Pro Rata Share of such payment in accordance with such Lender’s Pro Rata Share and shall promptly wire advice of the amount of such credit to each Lender. Each payment to any Person (including Administrative Agent Agent) of its fees under or in connection with any Loan Document shall be made in like manner, but for the account of such Person (including Administrative Agent).
Appears in 1 contract
Pro Rata Treatment; Application. Upon receipt by the Administrative Agent of each payment from the Borrower hereunder, other than as described in the succeeding sentence, the Administrative Agent shall promptly credit each Lender’s account with its Pro Rata Share of such payment in accordance with such Lender’s Pro Rata Share and shall promptly wire advice of the amount of such credit to each Lender. Each payment to any Person (including the Administrative Agent Agent) of its fees shall be made in like manner, but for the account of such Person (including the Administrative Agent).
Appears in 1 contract
