Ratable Application. Each prepayment of the Loans of any Class made pursuant to Section 2.7(a) shall be applied ratably among the Lenders of such Class holding the Loans being prepaid, in proportion to the principal amount held by each.
Ratable Application. Except as set forth in Section 2.5(d), each reduction of the Commitments pursuant to this Section 2.5 shall be applied ratably among the Lenders according to their respective Commitments.
Ratable Application. Any reduction and termination of the Commitments pursuant to Section 2.03(a) shall be applied ratably to each Lender’s Commitment and shall be permanent, with no obligation of the Lenders to reinstate such Commitments. The Administrative Agent shall give each Lender prompt notice of any Commitment reduction or termination.
Ratable Application. Any prepayment made pursuant to this Section 2.05 shall be applied ratably against (i) principal obligations of the Term Loans and the installments thereof in the inverse order of maturity, (ii) accrued interest on the principal amount being prepaid to the date of prepayment, (iii) any Funding Losses payable pursuant to Section 2.08 and (iv) fees, if any, payable in connection with such prepayment of the Term Loans to the extent required under the Origination Fee Letter.
Ratable Application. Each prepayment of Tranche A Loans or Tranche B Loans pursuant to this Section 2.09 shall be applied ratably to the Tranche A Loans or Tranche B Loans, respectively, of the several Lenders.
Ratable Application. Except as set forth in Section 2.5(d), each reduction of the Commitments pursuant to this Section 2.5 shall be applied ratably among the Lenders of such Class according to their respective Commitments of such Class. Notwithstanding any provision of this Agreement to the contrary, (i) any reduction of the Commitments pursuant to this Section 2.5 that has the effect of reducing the aggregate Dollar Revolving Commitments to an amount less than the amount of the Dollar Swingline Commitment at such time shall result in an automatic corresponding reduction of the Dollar Swingline Commitment to the amount of the aggregate Dollar Revolving Commitments (as so reduced) and (ii) any reduction of the Commitments pursuant to this Section 2.5 that has the effect of reducing the aggregate Multicurrency Revolving Commitments to an amount less than the amount of the Multicurrency Swingline Commitment at such time shall result in an automatic corresponding reduction of the Multicurrency Swingline Commitment to the amount of the aggregate Multicurrency Revolving Commitments (as so reduced), in each case, without any further action on the part of the Borrowers, the Swingline Lender or any other Lender.
Ratable Application. Each repayment or prepayment of any Group of Loans pursuant to this Section 2.08 shall be applied ratably to the Loans of the several Banks included in such Group of Loans.
Ratable Application. Each repayment or prepayment of any Group of Loans (or Money Market Borrowing) pursuant to this Section shall be applied ratably to the Loans of the several Banks included in such Group of Loans (or Money Market Borrowing).
Ratable Application. Each reduction of Commitments and each prepayment of any Group of Loans pursuant to this Section shall be applied ratably to the Commitments or Loans, as the case may be, of the several Lenders included in such Group of Loans.
Ratable Application. Prepayments on the Loan Obligations will be paid by the Administrative Agent to the Lenders ratably in accordance with their respective interests therein (except for Defaulting Lenders where their share will be held as provided in Section 2.14(a) hereof).
