Common use of Provision Regarding Payments Clause in Contracts

Provision Regarding Payments. Lenders agree that Lenders shall be obligated to make any required purchase and or sale from another Lender on a Settlement Date or required reimbursement to Administrative Agents following the termination of Lenders obligations to make Advances under Section 17.3.2. The Parties acknowledge and agree that the provisions of this Section 18.11 are solely for the benefit of Administrative Agents and Lenders and not for Reseller or any other Person.

Appears in 3 contracts

Samples: Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp)

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Provision Regarding Payments. Lenders agree that the Lenders shall be obligated to make any required purchase and or sale from another Lender on a Settlement Date or required reimbursement to Administrative Agents Agent following the termination of the Lenders obligations to make Advances under Section 17.3.2Sections 0 (A) and (B) of this Agreement. The Parties parties acknowledge and agree that the provisions of this Section 18.11 0 are solely for the benefit of Administrative Agents Agent and the Lenders and not for Reseller Borrower or any other Person.

Appears in 1 contract

Samples: Credit Facilities Agreement (Gtsi Corp)

Provision Regarding Payments. Lenders agree that the Lenders shall be obligated to make any required purchase and or sale from another Lender on a Settlement Date or required reimbursement to Administrative Agents Agent following the termination of the Lenders obligations to make Advances under Section 17.3.2. The Parties acknowledge and agree that the provisions of this Section 18.11 are solely for the benefit of Administrative Agents and Lenders and not for Reseller or any other Person.to

Appears in 1 contract

Samples: Credit Facilities Agreement (Pomeroy It Solutions Inc)

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Provision Regarding Payments. Lenders agree that the Lenders shall be obligated to make any required purchase and or sale from another Lender on a Settlement Date or required reimbursement to Administrative Agents Agent following the termination of the Lenders obligations to make Advances under Section 17.3.2Sections 16.3.1 and 16.3.2 of this Agreement. The Parties parties acknowledge and agree that the provisions of this Section 18.11 17.11 are solely for the benefit of Administrative Agents Agent and the Lenders and not for Reseller Borrower or any other Person.

Appears in 1 contract

Samples: Credit Facilities Agreement (MTM Technologies, Inc.)

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