Common use of Recovery of Amount Clause in Contracts

Recovery of Amount. If any such Advantage resulting in the purchase of an additional participation as set forth in subsection (a) or (b) hereof shall be recovered in whole or in part from the Lender receiving the Advantage, each such purchase shall be rescinded, and the purchase price restored (but without interest unless the Lender receiving the Advantage is required to pay interest on the Advantage to the Person recovering the Advantage from such Lender) ratably to the extent of the recovery.

Appears in 5 contracts

Samples: Credit and Security Agreement (AvidXchange Holdings, Inc.), Assignment and Acceptance Agreement (Ignite Restaurant Group, Inc.), Credit Agreement (Gibraltar Industries, Inc.)

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Recovery of Amount. If any such Advantage resulting in the purchase of an additional participation as set forth in subsection subsections (a) or (b) hereof shall be recovered in whole or in part from the Lender receiving the Advantage, each such purchase shall be rescinded, and the purchase price restored (but without interest unless the Lender receiving the Advantage is required to pay interest on the Advantage to the Person recovering the Advantage from such Lender) ratably to the extent of the recovery.

Appears in 4 contracts

Samples: Credit and Security Agreement (Epiq Systems Inc), Assignment and Acceptance Agreement (Shiloh Industries Inc), Assignment and Acceptance Agreement (Epiq Systems Inc)

Recovery of Amount. If any such Advantage resulting in the purchase of an additional participation as set forth in subsection (a) or (b) hereof above shall be recovered in whole or in part from the Lender receiving the Advantage, each such purchase shall be rescinded, and the purchase price restored (but without interest unless the Lender receiving the Advantage is required to pay interest on the Advantage to the Person recovering the Advantage from such Lender) ratably to the extent of the recovery.

Appears in 2 contracts

Samples: Credit and Security Agreement (Universal Logistics Holdings, Inc.), Assignment and Acceptance Agreement (Netscout Systems Inc)

Recovery of Amount. If any such Advantage resulting in the purchase of an additional participation as set forth in subsection subparts (a) or (b) hereof shall be recovered in whole or in part from the Lender Bank receiving the Advantage, each such purchase shall be rescinded, and the purchase price restored (but without interest unless the Lender Bank receiving the Advantage is required to pay interest on the Advantage to the Person recovering the Advantage from such LenderBank) ratably to the extent of the recovery.

Appears in 1 contract

Samples: First Amendment Agreement (Standard Register Co)

Recovery of Amount. If any such Advantage resulting in the purchase of an additional participation as set forth in subsection (a) or (b) hereof shall be recovered in whole or in part from the Lender receiving the Advantage, each such purchase shall be rescinded, and the purchase price restored (but without interest unless the Lender receiving the Advantage is required to pay interest on the Advantage to the Person recovering the Advantage from such Lender) ratably to the extent of the recovery.. (d)

Appears in 1 contract

Samples: First Amendment Agreement (DMC Global Inc.)

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Recovery of Amount. If any such Advantage resulting in the purchase of an additional participation as set forth in subsection subparts (a) or (b) hereof shall be recovered in whole or in part from the Lender receiving the Advantage, each such purchase shall be rescinded, and the purchase price restored (but without interest unless the Lender receiving the Advantage is required to pay interest on the Advantage to the Person recovering the Advantage from such Lender) ratably to the extent of the recovery.

Appears in 1 contract

Samples: Credit Agreement (American Greetings Corp)

Recovery of Amount. If any such Advantage resulting in the purchase of an additional participation as set forth in subsection (a) or (b) hereof shall be recovered in whole or in part from the Lender receiving the Advantage, each such purchase shall be rescinded, and the purchase price restored (but without interest unless the Lender receiving the Advantage is required to pay interest on the Advantage to the Person recovering the Advantage from such Lender) ratably to the extent of the recovery.. 110

Appears in 1 contract

Samples: Credit and Security Agreement (DMC Global Inc.)

Recovery of Amount. If any such Advantage resulting in the purchase of an additional participation as set forth in subsection subsections (a) or (b) hereof above shall be recovered in whole or in part from the Lender receiving the Advantage, each such purchase shall be rescinded, and the purchase price restored (but without interest unless the Lender receiving the Advantage is required to pay interest on the Advantage to the Person recovering the Advantage from such Lender) ratably to the extent of the recovery.

Appears in 1 contract

Samples: Credit and Security Agreement (Jupitermedia Corp)

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