Common use of Pro Rata Treatment of Lenders Clause in Contracts

Pro Rata Treatment of Lenders. Each borrowing of Revolving Credit Loans shall be allocated to each Lender according to its Ratable Share, and each selection of, conversion to or renewal of any Interest Rate Option and each payment or prepayment by the Borrower with respect to principal, interest, Commitment Fees, Letter of Credit Fees, or other fees (except for the Administrative Agent’s Fee and the fees payable to the Issuing Lender pursuant to Section 2.9.2.2 [Fronting Fees] or 2.

Appears in 2 contracts

Samples: Credit Agreement (CONSOL Energy Inc), Revolving Credit Facility (CONSOL Energy Inc)

AutoNDA by SimpleDocs

Pro Rata Treatment of Lenders. Each borrowing of Revolving Credit Loans and LIFO Loans shall be allocated to each Lender according to its Ratable Share, and each selection of, conversion to or renewal of any Interest Rate Option and each payment or prepayment by the Borrower with respect to principal, interest, Commitment Fees, Fees and Letter of Credit Fees, or other fees Fees (except for but excluding the Administrative Agent’s Fee and the fees payable Issuing Lender’s fronting fee) shall (except as otherwise may be provided with respect to the Issuing Lender pursuant to Section 2.9.2.2 [Fronting Fees] or 2.a - 12 - 131832.01464/109680341v.4

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

Pro Rata Treatment of Lenders. Each borrowing of Revolving Credit Loans shall be allocated to each Lender according to its Ratable Share, and each selection of, conversion to or renewal of any Interest Rate Option and each payment or prepayment by the any Borrower with respect to principal, interest, Commitment Fees, Letter of Credit Fees, or other fees (except for the Administrative Agent’s Fee and the fees payable to the Issuing Lender pursuant to Section 2.9.2.2 [Fronting Fees] or 2.with

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Financial Corp)

Pro Rata Treatment of Lenders. Each borrowing of Revolving Credit Term Loans shall be allocated to each Lender according to its Ratable Share, and each selection of, conversion to or renewal of any Interest Rate Option and each payment or prepayment by the Borrower with respect to principal, interest, Commitment Fees, Letter of Credit Fees, or other fees (except for the Administrative Agent’s Fee and Fee) or amounts due from the fees payable Borrower hereunder to the Issuing Lenders with respect to the Loans, shall be made in proportion to the applicable Loans outstanding from each Lender pursuant and, if no such Loans are then outstanding, in proportion to Section 2.9.2.2 [Fronting Fees] or 2the Ratable Share, as applicable of each Lender.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Glatfelter Corp)

Pro Rata Treatment of Lenders. Each borrowing of Revolving Credit Loans shall be allocated to each Lender according to its Ratable Share, and each selection of, conversion to or renewal of any Interest Rate Option and each payment or prepayment by the Borrower Borrowers with respect to principal, interest, Commitment Fees, Letter of Credit Fees, or other fees amounts due with respect to the Revolving Credit Loans (except for Fees payable under the Administrative Agent’s Fee and the fees payable Letters, any payments with respect to the Issuing Lender pursuant to Swing Loans or Bid Loans, and except as provided in Section 2.9.2.2 [Fronting Fees] 4.03(b), 5.04(b), 5.06 or 2.12

Appears in 1 contract

Samples: Credit Agreement (Borders Group Inc)

AutoNDA by SimpleDocs

Pro Rata Treatment of Lenders. Each The sole and initial borrowing of Revolving Credit Loans shall be allocated to each Lender according to its Ratable Share, and each selection of, conversion to or renewal of any Interest Rate Option and each payment or prepayment by the Borrower with respect to principal, interest, Commitment Fees, Letter of Credit Fees, the Bridge Loan Funding Fee or other fees (except for or amounts due from the Administrative Agent’s Fee and the fees payable Borrower hereunder to the Issuing Lenders with respect to the Loan, shall except as in the case of an event specified in Section 4.6 [Additional Compensation in Certain Circumstances]) be made in proportion to the pro rata interest of each Lender pursuant to Section 2.9.2.2 [Fronting Fees] or 2in the Loan.

Appears in 1 contract

Samples: Loan Agreement (BioFuel Energy Corp.)

Pro Rata Treatment of Lenders. Each borrowing of Revolving Credit Loans shall be allocated to each Lender according to its Ratable Share, and each . Each selection of, conversion to or renewal of any Interest Rate Option and each payment or prepayment by the Borrower with respect to principal, interest, Commitment Fees, Letter of Credit Fees, or other fees (except for the Administrative Agent’s Fee and the fees payable to the Issuing Lender pursuant to Section 2.9.2.2 [Fronting Fees] or 2.the

Appears in 1 contract

Samples: Credit Agreement (Ipalco Enterprises, Inc.)

Pro Rata Treatment of Lenders. Each The sole and initial borrowing of Revolving Credit Loans shall be allocated to each Lender according to its Ratable Share, and each selection of, conversion to or renewal of any Interest Rate Option and each payment or prepayment by the Borrower with respect to principal, interest, Commitment Fees, Letter of Credit Fees, interest or other fees or amounts due from Borrower hereunder to the Lenders with respect to the Loan shall (except for in the Administrative Agent’s Fee and the fees payable case of an event specified in Section 4.8) be made in proportion to the Issuing Ratable Share of each Lender pursuant to Section 2.9.2.2 [Fronting Fees] or 2in the Loan.

Appears in 1 contract

Samples: Loan Agreement (Green Brick Partners, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!