Common use of Ratable Payments; Effect of Notice Clause in Contracts

Ratable Payments; Effect of Notice. Each payment of any Advance pursuant to this Section 2.07 or any other provision of this Agreement shall be made in a manner such that all Advances comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 shall be irrevocable and binding upon the Borrower.

Appears in 6 contracts

Samples: Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.)

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Ratable Payments; Effect of Notice. Each payment of any Advance pursuant to this Section 2.07 or any other provision of this Agreement shall be made in a manner such that all Advances comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 shall be irrevocable and binding upon the BorrowerBorrowers.

Appears in 4 contracts

Samples: Credit Agreement (Global Industries LTD), Credit Agreement (Global Industries LTD), Credit Agreement (Schweitzer Mauduit International Inc)

Ratable Payments; Effect of Notice. Each payment of any Advance pursuant to this Section 2.07 2.08 or any other provision of this Agreement shall be made in a manner such that all Advances comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 2.08 shall be irrevocable and binding upon the Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Carriage Services Inc), Credit Agreement (Living Centers of America Inc), Credit Agreement (Carriage Services Inc)

Ratable Payments; Effect of Notice. Each payment of any Advance pursuant to this Section 2.07 2.06 or any other provision of this Agreement shall be made in a manner such that all Advances comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 2.06 shall be irrevocable and binding upon the BorrowerBorrowers.

Appears in 2 contracts

Samples: Senior Secured Superpriority Debtor in Possession Credit Agreement (Horsehead Holding Corp), Credit Agreement (Horsehead Holding Corp)

Ratable Payments; Effect of Notice. Each payment of any Revolving Advance or Bridge Loan pursuant to this Section 2.07 or any other provision of this Agreement shall be made in a manner such that all Revolving Advances or Bridge Loans comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 shall be irrevocable and binding upon the BorrowerBorrowers.

Appears in 2 contracts

Samples: Credit Agreement (MxEnergy Holdings Inc), Credit Agreement (MxEnergy Holdings Inc)

Ratable Payments; Effect of Notice. Each payment of any Advance pursuant to this Section 2.07 or any other provision of this Agreement shall be made in a manner such that all Revolving Advances comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 shall be irrevocable and binding upon the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Diamondback Energy Services, Inc.), Credit Agreement (Diamondback Energy Services, Inc.)

Ratable Payments; Effect of Notice. Each payment of any Revolving Advance pursuant to this Section 2.07 or any other provision of this Agreement shall be made in a manner such that all Revolving Advances comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 shall be irrevocable and binding upon the BorrowerBorrowers.

Appears in 2 contracts

Samples: Credit Agreement (MxEnergy Holdings Inc), Credit Agreement (Total Gas & Electricity (PA) Inc)

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Ratable Payments; Effect of Notice. Each payment of any Advance pursuant to this Section 2.07 or any other provision of this Agreement shall be made in a manner such that all Advances comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 shall be irrevocable and binding upon the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Semco Energy Inc)

Ratable Payments; Effect of Notice. Each payment of any Advance pursuant to this Section 2.07 2.08 or any other provision of this Agreement shall be made in a manner such that all LC Advances comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 2.08 shall be irrevocable and binding upon the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Willbros Group Inc)

Ratable Payments; Effect of Notice. Each payment of any Advance pursuant to this Section 2.07 SECTION 2.7 or any other provision of this Agreement shall be made in a manner such that all Advances comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 SECTION 2.7(b) shall be irrevocable and binding upon the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Monro Muffler Brake Inc)

Ratable Payments; Effect of Notice. Each payment of any Advance pursuant to this Section 2.07 or any other provision of this Agreement shall be made in a manner such that all Advances comprising part of the same Borrowing are paid in whole or ratably in part. All notices given pursuant to this Section 2.07 shall be irrevocable and binding upon the applicable Borrower.

Appears in 1 contract

Samples: Credit Agreement (Vantage Drilling CO)

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