Proportionate Absorption of Losses. Except as otherwise provided in the Loan Papers, nothing in the Loan Papers shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Papers is concerned, or to relieve any Lender from absorbing its Pro Rata Part of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Papers).
Appears in 13 contracts
Samples: Facility a Revolving Credit Agreement (Worldcom Inc /Ga/), Term Loan Agreement (Williams Companies Inc), Credit Agreement (Dobson Sygnet Communications Co)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan PapersDocuments, nothing in the Loan Papers Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Papers Documents is concerned, or to relieve any Lender from absorbing its Pro Rata Part ratable portion of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan PapersDocuments).
Appears in 8 contracts
Samples: Revolving Credit Agreement (Pier 1 Imports Inc/De), Revolving Credit Agreement (Northern Border Partners Lp), Revolving Credit Agreement (Dobson Communications Corp)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan PapersDocuments, nothing in the Loan Papers Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Papers Documents is concerned, or to relieve any Lender from absorbing its Pro Rata Part of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan PapersDocuments).
Appears in 4 contracts
Samples: Exchange Agreement (Protection One Alarm Monitoring Inc), Revolving Credit Agreement (Protection One Alarm Monitoring Inc), Revolving Credit and Term Loan Agreement (Coorstek Inc)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan PapersDocuments, nothing in the Loan Papers Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Papers Documents is concerned, or to relieve any Lender from absorbing its Pro Rata Part ratable portion of any losses sustained with respect to the Obligation (except to NBPLP CREDIT AGREEMENT the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan PapersDocuments).
Appears in 1 contract
Samples: 364 Day Credit Agreement (Northern Border Partners Lp)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan PapersDocuments, nothing in the Loan Papers Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Papers is concerned, or to relieve any Lender from absorbing its Pro Rata Part ratable portion of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan PapersDocuments).. TERM LOAN AND SECURITY AGREEMENT
Appears in 1 contract
Samples: Term Loan and Security Agreement (American Real Estate Partners L P)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan Papers, nothing in the Loan Papers shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation obligation arising under the Loan Papers is concerned, or to relieve any Lender from absorbing its Pro Rata Part of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Papers).
Appears in 1 contract
Proportionate Absorption of Losses. Except for Competitive Borrowings or as otherwise provided in the Loan Papers, nothing in the Loan Papers shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Papers is concerned, or to relieve any Lender from absorbing its Pro Rata Part ratable portion of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Papers).
Appears in 1 contract
Proportionate Absorption of Losses. Except EXCEPT as otherwise provided in the Loan Papers, nothing in the Loan Papers shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Papers is concerned, or to relieve any Lender from absorbing its Pro Rata Part of ratably any losses sustained with respect to the Obligation (except EXCEPT to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Papers).
Appears in 1 contract
Samples: Revolving Credit Agreement (Logix Communications Enterprises Inc)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan PapersDocuments, nothing in the Loan Papers Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Papers Documents is concerned, or to relieve any Lender from absorbing its Pro Rata Part ratable portion of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan PapersDocuments).. 44 NBPLP CREDIT AGREEMENT
Appears in 1 contract
Samples: Revolving Credit Agreement (Northern Border Partners Lp)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan PapersDocuments, nothing in the Loan Papers Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Papers Documents is concerned, or to relieve any Lender from absorbing its Pro Rata Part of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Papers).from
Appears in 1 contract
Samples: Revolving Credit Agreement (Intermedia Communications Inc)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan PapersDocuments, nothing in the Loan Papers Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Papers Documents is concerned, or to relieve any Lender from absorbing its Pro Rata Part ratable portion of any losses sustained with respect to the Obligation (except EXCEPT to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan PapersDocuments).
Appears in 1 contract
Samples: Credit Agreement (Dutchess County Cellular Telephone Co Inc)
