Common use of Repayment of Canadian Participations Clause in Contracts

Repayment of Canadian Participations. (A) At any time after any Canadian Lender has purchased and funded a participation in a Canadian Swing Line Loan, if the Canadian Swing Line Lender receives any payment on account of such Canadian Swing Line Loan, the Canadian Swing Line Lender will distribute to such Canadian Lender its Pro Rata Share of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Canadian Lender’s participation was outstanding and funded) in the same funds as those received by the Canadian Swing Line Lender.

Repayment of Canadian Participations. (A) At any time after any Canadian Lender has purchased and funded a participation in a Canadian Swing Line Loan, if the Canadian Swing Line Lender receives any payment on account of such Canadian Swing Line Loan, the Canadian Swing Line Lender will distribute to such Canadian Lender its Pro Rata Share of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Canadian Lender’s 's participation was outstanding and funded) in the same funds as those received by the Canadian Swing Line Lender.