Common use of Pro Rata Treatment, etc Clause in Contracts

Pro Rata Treatment, etc. Except as required under Section 2.12, each Revolving Credit Borrowing, each payment or prepayment of principal of any Revolving Credit Borrowing, each payment of interest on the Revolving Credit Loans, each payment of Letter of Credit fees (other than fees for the account of the Issuing Bank), each reduction of the Commitments, each refinancing of any Borrowing with a Revolving Credit Borrowing of any Type, each payment of Commitment Fees and each conversion of Revolving Credit Loans, shall be made pro rata among the Banks in accordance with their respective Commitment Percentages. Each Bank agrees that in computing such Bank's portion of any Borrowing to be made hereunder, the Agent may, in its discretion, round each Bank's percentage of such Borrowing to the next higher or lower whole dollar amount.

Appears in 3 contracts

Samples: Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc)

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Pro Rata Treatment, etc. Except as required under Section 2.12, ----------------------- each Revolving Credit Borrowing, each payment or prepayment of principal of any Revolving Credit Borrowing, each payment of interest on the Revolving Credit Loans, each payment of Letter of Credit fees (other than fees for the account of the Issuing Bank), each reduction of the Commitments, each refinancing of any Borrowing with a Revolving Credit Borrowing of any Type, each payment of Commitment Fees and each conversion of Revolving Credit Loans, shall be made pro --- rata among the Banks in accordance with their respective Commitment Percentages. ---- Each Bank agrees that in computing such Bank's portion of any Borrowing to be made hereunder, the Agent may, in its discretion, round each Bank's percentage of such Borrowing to the next higher or lower whole dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Dover Downs Entertainment Inc)

Pro Rata Treatment, etc. Except as required under Section 2.12, ----------------------- each Revolving Credit Borrowing, each payment or prepayment of principal of any Revolving Credit Borrowing, each payment of interest on the Revolving Credit Loans, each payment of Letter of Credit fees (other than fees for the account of the Issuing Bank), each reduction of the Commitments, each refinancing of any Borrowing with a Revolving Credit Borrowing of any Type, each payment of Commitment Fees and each conversion of Revolving Credit Loans, shall be made pro rata among the Banks in accordance with their respective Commitment --- ---- Percentages. Each Bank agrees that in computing such Bank's portion of any Borrowing to be made hereunder, the Agent may, in its discretion, round each Bank's percentage of such Borrowing to the next higher or lower whole dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Dover Downs Gaming & Entertainment Inc)

Pro Rata Treatment, etc. Except as required under Section 2.122.11, each Revolving Credit Borrowing, each payment or prepayment of principal of any Revolving Credit Borrowing, each payment of interest on the Revolving Credit Loans, each payment of Letter of Credit fees (other than fees for the account of the Issuing Bank)Fees, each reduction of the CommitmentsRevolving Credit Commitment, each refinancing of any Borrowing with a Revolving Credit Borrowing of any Type, each payment of Commitment Fees Type and each conversion of Revolving Credit Loans, shall be made pro rata among the Banks in accordance with their respective applicable Commitment Percentages. Except as required under Section 2.11, each payment of the Commitment Fee shall be made pro rata among the Banks in accordance with their respective Commitment Percentages with respect to Revolving Credit Loans. Each Bank agrees that in computing such Bank's portion of any Borrowing to be made hereunder, the Agent may, in its discretion, round each Bank's percentage of such Borrowing to the next higher or lower whole dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Ceco Environmental Corp)

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Pro Rata Treatment, etc. Except as required under Section ----------------------- 2.12, each Revolving Credit Borrowing, each payment or prepayment of principal of any Revolving Credit Borrowing, each payment of interest on the Revolving Credit Loans, each payment of Letter of Credit fees (other than fees for the account of the Issuing Bank), each reduction of the Commitments, each refinancing of any Borrowing with a Revolving Credit Borrowing of any Type, each payment of Commitment Fees and each conversion of Revolving Credit Loans, shall be made pro rata among the Banks in accordance with their respective --- ---- Commitment Percentages. Each Bank agrees that in computing such Bank's portion of any Borrowing to be made hereunder, the Agent may, in its discretion, round each Bank's percentage of such Borrowing to the next higher or lower whole dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Dover Downs Entertainment Inc)

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