Common use of Pro Rata Treatment of Loans, Etc Clause in Contracts

Pro Rata Treatment of Loans, Etc. Except to the extent otherwise provided: (a) each borrowing shall be made from the Banks, each reduction or termination of the amount of the Commitments shall be applied to the Commitments of the Banks, and each payment of the fees shall be made by and held for the account of the Banks, pro rata in accordance with their respective Commitment Proportions; (b) each prepayment and payment of principal of or interest on Loans of a particular type and a particular Interest Period shall be made to the Agent for the account of the Banks holding Loans of such type and Interest Period pro rata in accordance with the respective unpaid principal amounts of such Loans of such Interest Period held by such Banks.

Pro Rata Treatment of Loans, Etc. Except to the extent otherwise provided: (a) each borrowing shall be made from the Banks, each reduction or termination of the amount of the Commitments shall be applied to the Commitments of the Banks, and each payment of the fees hereunder shall be made by and held for the account of the Banks, pro rata in accordance with their respective Commitment Proportions; (b) each prepayment and payment of principal of or interest on Loans of a particular type and a particular Interest Period shall be made to the Agent for the account of the Banks holding Loans of such type and Interest Period pro rata in accordance with the respective unpaid principal amounts of such Loans of such Interest Period held by such Banks.

Pro Rata Treatment of Loans, Etc. Except to the extent otherwise provided: (a) each borrowing under 2.1 shall be made from the BanksLenders, each reduction or termination of the amount of the Commitments under 2.9 shall be applied to the Commitments of the BanksLenders, and each payment of the fees accruing under 2.7 shall be made by and held for the account of the BanksLenders, pro rata in accordance with according to the amounts of their respective Commitment Proportionsunused Commitments; and (b) each prepayment and payment of principal of or interest on Loans of a particular type and a particular Interest Period shall be made to the Agent for the account of the Banks Lenders holding Loans of such type and Interest Period pro rata in accordance with the respective unpaid principal amounts of such Loans in respect of such Interest Period held by such BanksLenders.