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Common use of Ratable Benefit Clause in Contracts

Ratable Benefit. This Guaranty is for the ratable benefit of the Lenders, each of which shall share any proceeds of this Guaranty pursuant to the terms of the Credit Agreement.

Appears in 15 contracts

Samples: Credit Agreement (Sun Healthcare Group Inc), Credit Agreement (Franchise Finance Corp of America), Revolving Credit Agreement (Mid America Apartment Communities Inc)

Ratable Benefit. This Guaranty is for the ratable benefit of the LendersLenders and Administrative Lender, each of which shall share any proceeds of this Guaranty pursuant to the terms of the Credit Agreement.

Appears in 3 contracts

Samples: Credit Agreement (La Quinta Inns Inc), Credit Agreement (La Quinta Inns Inc), Credit Agreement (La Quinta Inns Inc)

Ratable Benefit. This Guaranty is for the ratable benefit of the --------------- Lenders, each of which shall share any proceeds of this Guaranty pursuant to the terms of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Itc Deltacom Inc), Subsidiary Guaranty (Compusa Inc)

Ratable Benefit. This Guaranty is for the ratable benefit of the Lenderseach Guarantied Party, each of which shall share any proceeds of this Guaranty pursuant to the terms of Section 2.11(d) of the Credit Loan Agreement.

Appears in 1 contract

Samples: Loan Agreement (Elcor Corp)