Common use of Proportionate Absorption of Losses Clause in Contracts

Proportionate Absorption of Losses. Except as otherwise provided in the Loan Documents, nothing in the Loan Documents gives any Lender any advantage over any other Lender insofar as the obligations hereunder are concerned or relieves any Lender from ratably absorbing any losses sustained with respect to the obligations hereunder (except to the extent unilateral actions or inactions by any Lender result in the Borrower or any other obligor on the obligations hereunder having any credit, allowance, setoff, defense or counterclaim solely with respect to all or any part of that Lender’s part of the obligations hereunder).

Proportionate Absorption of Losses. Except as otherwise provided in the Loan Documents, nothing in the Loan Documents gives any Lender any advantage over any other Lender insofar as the obligations hereunder Obligations are concerned or relieves to relieve any Lender from ratably absorbing any losses sustained with respect to the obligations hereunder Obligations (except to the extent unilateral actions or inactions by any Lender result in the Borrower or any other obligor on the obligations hereunder Obligations having any credit, allowance, setoff, defense defense, or counterclaim solely with respect to all or any part of that Lender’s part pro rata share of the obligations hereunderObligations).

Proportionate Absorption of Losses. Except as otherwise provided in the Loan Documents, nothing in the Loan Documents gives any Lender any advantage over any other Lender insofar as the obligations hereunder Obligations are concerned or relieves to relieve any Lender from ratably absorbing any losses sustained with respect to the obligations hereunder Obligations (except to the extent unilateral actions or inactions by any Lender result in the Borrower or any other obligor on the obligations hereunder Obligations having any credit, allowance, setoff, defense defense, or counterclaim solely with respect to all or any part of that Lender’s part 's Pro Rata Part of the obligations hereunderObligations).