Ratable Advances. Each Ratable Advance hereunder shall consist of Loans made to a Borrower from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The aggregate outstanding amount of Competitive Bid Advances shall reduce each Lender’s Commitment ratably in the proportion such Lender’s Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances.
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Samples: Credit Agreement (Illinois Tool Works Inc), Credit Agreement (Nationwide Financial Services Inc/), Five Year Credit Agreement (Nationwide Financial Services Inc/)
Ratable Advances. Each Ratable Advance hereunder shall consist of Loans made to a Borrower from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The aggregate outstanding amount of Competitive Bid Advances shall reduce each Lender’s 's Commitment ratably in the proportion such Lender’s 's Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances.
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Samples: Credit Agreement (Nationwide Financial Services Inc/), 364 Day Credit Agreement (Nationwide Financial Services Inc/)
Ratable Advances. Each Ratable Advance hereunder shall consist of Loans made to a Borrower from the several all Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The aggregate outstanding amount of Competitive Bid Advances shall reduce the availability under each Lender’s 's Commitment ratably in the proportion such Lender’s 's Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances.
Appears in 2 contracts
Samples: Credit Agreement (Amli Residential Properties Trust), Credit Agreement (Amli Residential Properties Trust)
Ratable Advances. Each Ratable Advance hereunder shall consist of Loans borrowings made to a Borrower from the several Lenders ratably in proportion to the ratio that amounts of their respective Commitments bear to the Aggregate CommitmentCommitments. The aggregate outstanding amount of Competitive Bid Advances shall reduce the amount available for borrowing under each Lender’s 's Commitment ratably in the proportion such Lender’s 's Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances.Aggrxxxxx
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Ratable Advances. Each Ratable Advance hereunder shall consist of Loans made to a Borrower from the several Lenders ratably in proportion according to the ratio that their respective Commitments bear to the Aggregate CommitmentPro Rata Shares. The aggregate outstanding amount of Competitive Bid Advances shall reduce each Lender’s 's Commitment ratably in the proportion such Lender’s 's Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances.
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Ratable Advances. Each Ratable Advance hereunder shall consist of Loans borrowings made to a Borrower from the several Lenders ratably in proportion to the ratio that amounts of their respective Commitments bear to the Aggregate CommitmentCommitments. The aggregate outstanding amount of Competitive Bid Advances shall reduce each Lender’s 's Commitment ratably in the proportion such Lender’s 's Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances.
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