Common use of Reallocation of Loans Clause in Contracts

Reallocation of Loans. On the occurrence of the Refinancing, (a) each Bank that, as a result of the adjustment of the Pro Rata Shares, is to have a greater principal amount of Loans outstanding than such Bank had outstanding immediately prior to the occurrence of the Refinancing shall, if requested by the Agent, deliver to the Agent immediately available funds to cover such Loans (and the Agent shall, to the extent of the funds so received and the funds received from any Banks that are not parties to the Original Credit Agreement, disburse funds to each Bank that, as a result of such adjustment of the Pro Rata Shares, is to have a lesser principal amount outstanding than such Bank had outstanding under the Original Credit Agreement), and (b) immediately prior to the Refinancing each Bank that is not a party to the Original Credit Agreement shall deliver to the Agent immediately available funds to cover its Loans that will equal such Bank's Pro Rata Share of the aggregate principal amount outstanding under this Agreement immediately after the occurrence of the Refinancing.

Reallocation of Loans. On the occurrence of the Refinancing, (a) each Bank that, as a result of the adjustment of the Pro Rata Shares, is to have a greater principal amount of Loans outstanding than such Bank had outstanding immediately prior to the occurrence of the Refinancing shall, if requested by the Administrative Agent, deliver to the Administrative Agent immediately available funds to cover such Loans (and the Administrative Agent shall, to the extent of the funds so received and the funds received from any Banks that are not parties to the Original Credit Agreement, disburse funds to each Bank that, as a result of such adjustment of the Pro Rata Shares, is to have a lesser principal amount outstanding than such Bank had outstanding under the Original Credit Agreement), and (b) immediately prior to the Refinancing each Bank that is not a party to the Original Credit Agreement shall deliver to the Administrative Agent immediately available funds to cover its Loans that will equal such Bank's Pro Rata Share of the aggregate principal amount outstanding under this Agreement immediately after the occurrence of the Refinancing.