Common use of Ratable Loans Clause in Contracts

Ratable Loans. Each Advance shall consist of Loans made (a) in the case of Loans to the Company, by the Lenders ratably in accordance with their respective Pro Rata Shares or (b) in the case of Loans to any Borrowing Subsidiary, by the BSub Lenders for such Borrowing Subsidiary in accordance with their respective BSub Percentages for such Borrowing Subsidiary.

Appears in 7 contracts

Samples: Credit Agreement (Bemis Co Inc), Credit Agreement (Bemis Co Inc), Credit Agreement (Bemis Co Inc)

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Ratable Loans. Each Advance shall consist of Loans made (a) in the case of Revolving Loans to the Company, by the Lenders ratably in accordance with their respective Pro Rata Shares or Shares, (b) in the case of Revolving Loans to any Borrowing Subsidiary, by the BSub Lenders for such Borrowing Subsidiary in accordance with their respective BSub Percentages for such Borrowing SubsidiarySubsidiary or (c) in the case of the Term Loan, by the Lenders ratably in accordance with their pro rata portion of the Term Loan.

Appears in 1 contract

Samples: Credit Agreement (Bemis Co Inc)

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Ratable Loans. Each Advance shall consist of Loans made (a) in the case of Revolving Loans to the Company, by the Lenders ratably in accordance with their respective Pro Rata Shares or or, (b) in the case of Revolving Loans to any Borrowing Subsidiary, by the BSub Lenders for such Borrowing Subsidiary in accordance with their respective BSub Percentages for such Borrowing SubsidiarySubsidiary or (c) in the case of the Term Loan, by the Lenders ratably in accordance with their pro rata portion of the Term Loan.

Appears in 1 contract

Samples: Credit Agreement (Bemis Co Inc)

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