Pro Rata Treatment; Sharing of Payments. (a) All fundings, continuations and conversions of Loans shall be made by the Banks pro rata on the basis of their respective Commitment Percentage.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Integrated Circuit Systems Inc)
Pro Rata Treatment; Sharing of Payments. (a) All fundings, continuations and conversions of Revolving Loans shall be made by the Banks Lenders pro rata on the basis of their respective Commitment PercentageCommitments (in the case of the initial funding of any Revolving Loans pursuant to Sections 2.2(b), 2.2(d) or 2.2(e)) or Revolving Loans (in the case of continuations and conversions of outstanding Revolving Loans pursuant to Section 2.10), as applicable from time to time.
Appears in 1 contract
Samples: Credit Agreement (Movie Gallery Inc)
Pro Rata Treatment; Sharing of Payments. (a) All fundings, continuations and conversions of Loans shall be made by the Banks Lenders pro rata on the basis of their respective Commitment PercentageCommitments (in the case of the initial funding of Revolving Credit Loans pursuant to Section 2.1) or Loans, as applicable from time to time.
Appears in 1 contract
Pro Rata Treatment; Sharing of Payments. (a) All fundings, continuations and conversions of Loans shall be made by the Banks Lenders pro rata on the basis of their respective Commitment Percentageoutstanding Loans. All payments on account of principal of or interest on the Loans, fees or any other Obligations owing to or for the account of any one or more Lenders shall be apportioned ratably among such Lenders in proportion to the amounts of such principal, interest, fees or other Obligations owed to them respectively.
Appears in 1 contract
Samples: Credit Agreement (Front Royal Inc)
Pro Rata Treatment; Sharing of Payments. (a) All fundings, --------------------------------------- continuations and conversions of Loans shall be made by the Banks Lenders pro rata on the basis of their respective Commitment PercentageCommitments (in the case of the initial funding of Loans pursuant to Section 2.2) or Loans (in the case of continuations and conversions of outstanding Loans pursuant to Section 2.9), as applicable from time to time.
Appears in 1 contract