Common use of Repayment of Participation Advances Clause in Contracts

Repayment of Participation Advances. 2.10.4.1. Upon (and only upon) receipt by the relevant Issuing Bank for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such Issuing Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank under such a Letter of Credit, such Issuing Bank will pay to each Bank, in the same funds as those received by such Issuing Bank, the amount of such Bank’s Ratable Share of such funds, except such Issuing Bank shall retain the amount of the Ratable Share of such funds of any Bank that did not make a Participation Advance in respect of such payment by such Issuing Bank. 2.10.4.2. If any Issuing Bank or the Administrative Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent the amount of its Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.9.4.1 Upon (and only upon) receipt by the relevant Issuing Bank Administrative Agent for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such Issuing Bank the Administrative Agent under the a Letter of Credit with respect to which any Bank Lender has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank the Administrative Agent under such a Letter of Credit, such Issuing Bank the Administrative Agent will pay to each BankLender, in the same funds as those received by such Issuing Bankthe Administrative Agent, the amount of such BankLender’s Ratable Share of such funds, except such Issuing Bank the Administrative Agent shall retain the amount of the Ratable Share of such funds of any Bank Lender that did not make a Participation Advance in respect of such payment by the Administrative Agent. 2.9.4.2 If such Issuing Bank. 2.10.4.2. If any Issuing Bank Lender or the Administrative Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.9.4.1 in reimbursement of a payment made under the a Letter of Credit or interest or fee thereon, each Bank Lender shall, on demand of the Administrative AgentAgent or such Issuing Lender, forthwith return to the Administrative Agent or such Issuing Lender the amount of its Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent or such Issuing Lender plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank Lender to the Administrative AgentAgent or such Issuing Lender, as the case may be, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.11.4.1 Upon (and only upon) receipt by the relevant Issuing Bank Agent for its account of immediately available funds from the Borrower Borrowers (i) in reimbursement payment of any payment Letter of Credit Borrowing made by such Issuing Bank the Agent under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank the Agent under such a Letter of Credit, such Issuing Bank the Agent will pay to each Bank, in the same funds as those received by such Issuing Bankthe Agent, the amount of such Bank’s 's Revolving Credit Ratable Share of such funds, except such Issuing Bank the Agent shall retain the amount of the Revolving Credit Ratable Share of such funds of any Bank that did not make a Participation Advance in respect of such payment by such Issuing BankAgent. 2.10.4.2. 2.11.4.2 If any Issuing Bank or the Administrative Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.11. 4.1 in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent the amount of its Revolving Credit Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.9.4.1 Upon (and only upon) receipt by the relevant Issuing Bank for its account Paying Agent of immediately available funds from the Borrower (i) in reimbursement of any payment made by such Issuing Bank under the a Letter of Credit with respect to which any Bank Lender has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank under such a Letter of Credit, such Issuing Bank the Paying Agent will pay to each BankLender, in the same funds as those received by such Issuing Bankthe Paying Agent, the amount of such Bank’s Lender's Ratable Share of such funds, except such the Paying Agent shall pay to the applicable Issuing Bank shall retain the amount of the Ratable Share of such funds of any Bank Lender that did not make a Participation Advance in respect of such payment by such Issuing Bankpayment. 2.10.4.2. 2.9.4.2 If any such Issuing Bank or the Administrative Paying Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Paying Agent pursuant to Section 2.10.4.1 2.9.4.1 in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank Lender shall, on demand of the Administrative AgentPaying Agent or such Issuing Bank, forthwith return to the Administrative Paying Agent or such Issuing Bank the amount of its Ratable Share of any amounts so returned by the Paying Agent or such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank Lender to the Administrative AgentPaying Agent or such Issuing Bank, as the case may be, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.9.4.1 Upon (and only upon) receipt by the relevant Agent, on behalf of the Issuing Bank, for the account of the Issuing Bank for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such the Issuing Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, on behalf of the Issuing Bank or (ii) in payment of interest on such a payment made by such the Issuing Bank under such a Letter of Credit, such the Agent, on behalf of the Issuing Bank Bank, will pay to each Bank, in the same funds as those received by such the Agent, on behalf of the Issuing Bank, the amount of such Bank’s 's Ratable Share of such funds, except such the Agent, on behalf of the Issuing Bank Bank, shall retain the amount of the Ratable Share of such funds of any Bank that did not make a Participation Advance in respect of such payment by such Issuing Bank. 2.10.4.2. 2.9.4.2 If any Issuing Bank (or the Administrative Agent on behalf of an Issuing Bank) is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such the Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.9. 4.1 in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank shall, on demand of the Administrative Agent, on behalf of the Issuing Bank, forthwith return to the Administrative Agent Agent, on behalf of the Issuing Bank, the amount of its Ratable Share of any amounts so returned by such the Issuing Bank Bank, or the Administrative Agent on behalf of the Issuing Bank, plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative AgentIssuing Bank, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.9.4.1 Upon (and only upon) receipt by the relevant Issuing Bank Administrative Agent for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such Issuing Bank the Administrative Agent under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank the Administrative Agent under such a Letter of Credit, such Issuing Bank the Administrative Agent will pay to each Bank, in the same funds as those received by such Issuing Bankthe Administrative Agent, the amount of such Bank’s 's Revolving Credit Ratable Share of such funds, except such Issuing Bank the Administrative Agent shall retain the amount of the Revolving Credit Ratable Share of such funds of any Bank that did not make a Participation Advance in respect of such payment by such Issuing BankAdministrative Agent. 2.10.4.2. 2.9.4.2 If any Issuing Bank or the Administrative Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 0 in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent the amount of its Revolving Credit Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.12.9.4.1. Upon (and only upon) receipt by the relevant Issuing Bank Agent for its account of immediately available funds from the Borrower Borrowers (i) in reimbursement of any payment made by such Issuing Bank the Agent under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank the Agent under such a Letter of Credit, such Issuing Bank the Agent will pay to each Bank, in the same funds as those received by such Issuing Bankthe Agent, the amount of such Bank’s 's Ratable Share of such funds, except such Issuing Bank the Agent shall retain the amount of the Ratable Share of such funds of any Bank that did not make a Participation Advance in respect of such payment by such Issuing BankAgent. 2.10.4.22.9.4.2. If any Issuing Bank or the Administrative Agent is required at any time to return to any Loan PartyBorrower, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party Borrower to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.9. 4.1 in reimbursement of a payment made under the a Letter of Credit or interest or fee thereonthereon and remitted by the Agent to the Banks pursuant to Section 2.9.4.1, each Bank shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent the amount of its Ratable Share of any such amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.10.4.1 Upon (and only upon) receipt by the relevant Issuing Bank Administrative Agent for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such the Issuing Letter of Credit Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such the Issuing Letter of Credit Bank under such a Letter of Credit, such Issuing Bank the Administrative Agent will pay to each Bank, in the same funds as those received by such Issuing Bankthe Administrative Agent, the amount of such Bank’s 's Revolving Credit Ratable Share of such funds, except such the Administrative Agent shall deliver to the Issuing Letter of Credit Bank shall retain the amount of the Revolving Credit Ratable Share of such funds of any Bank that did not make a Participation Advance in respect of such payment by such Issuing BankAdministrative Agent. 2.10.4.2. 2.10.4.2 If any Issuing Bank or the Administrative Agent or the Issuing Bank is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent the amount of its Revolving Credit Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. (i) Upon (and only upon) receipt by the relevant Agent for the account of the Issuing Bank for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such the Issuing Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative AgentCredit, or (ii) in payment of interest on such a payment made by such the Issuing Bank under such a Letter of Credit, such Issuing Bank in either case with respect solely to which any Lender has made a Participation Advance to the Agent, the Agent will pay to each BankLender, in the same funds as those received by such Issuing Bankthe Agent, the amount of such BankLender’s Ratable Share of such fundsfunds (up to the amount of such Lender’s Participation Advance), except such the Agent shall pay to the Issuing Bank shall retain the amount of the Ratable Share of such funds of any Bank Lender that did not make a Participation Advance in respect of such payment by such Issuing Bank. 2.10.4.2. If any Issuing Bank or the Administrative interest thereon. (ii) If the Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.10(d)(i) directly above in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank Lender shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent the amount of its Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank Lender to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.9.4.1 Upon (and only upon) receipt by the relevant Issuing Bank Agent for its the account of the Issuer of immediately available funds from the Borrower (i) in reimbursement of any payment made by such Issuing Bank the Agent Issuer under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank the Agent under such a Letter of Credit, such Issuing Bank the Agent, on behalf of the Issuer, will pay to each Bank, in the same funds as those received by such Issuing Bankthe Agent, for the account of the Issuer, the amount of such Bank’s 's Ratable Share of such funds, except such Issuing Bank the Agent shall retain the amount of the Ratable Share of such funds of any Bank that did not make a Participation participation Advance in respect of such payment by such Issuing BankAgent. 2.10.4.2. 2.9.4.2 If any Issuing Bank or the Administrative Agent Agent, on behalf of the Issuer, is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent Agent, for the account of the Issuer, pursuant to Section 2.10.4.1 2.9. 4.1 in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank shall, on demand of the Administrative Agent, on behalf of the Issuer, forthwith return to the Administrative Agent Agent, for the account of the Issuer, the amount of its Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent Agent, on behalf of the Issuer, plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative Agent, for the account of the Issuer, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. Upon (and only upon) receipt by the relevant Issuing Bank for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such Issuing Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank under such a Letter of Credit, such Issuing Bank will pay to each Bank, in the same funds as those received by such Issuing Bank, the amount of such Bank’s 's Ratable Share of such funds, except such Issuing Bank shall retain the amount of the Ratable Share of such funds of any Bank that did not make a Participation Advance in respect of such payment by such Issuing Bank. 2.10.4.2. If any Issuing Bank or the Administrative Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent the amount of its Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.8.4.1 Upon (and only upon) receipt by the relevant Issuing Bank Administrative Agent for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such the Issuing Letter of Credit Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank the Administrative Agent under such a Letter of Credit, such Issuing Bank the Administrative Agent will pay to each Bank, in the same funds as those received by such Issuing Bankthe Administrative Agent, the amount of such Bank’s 's Ratable Share of such funds, except such the Administrative Agent shall deliver to the Issuing Letter of Credit Bank shall retain the amount of the Ratable Share of such funds of any Bank that did not make a Participation Advance in respect of such payment by such Issuing BankAdministrative Agent. 2.10.4.2. 2.8.4.2 If any Issuing Bank or the Administrative Agent or the Issuing Letter of Credit Bank is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.8. 4.1 [Repayment of Participation Advances] in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent the amount of its Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. (i) Upon (and only upon) receipt by the relevant Agent for the account of the Issuing Bank for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such the Issuing Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative AgentCredit, or (ii) in payment of interest on such a payment made by such the Issuing Bank under such a Letter of Credit, such Issuing Bank in either case with respect solely to which any Lender has made a Participation Advance to the Agent, the Agent will pay to each BankLender, in the same funds as those received by such Issuing Bankthe Agent, the amount of such Bank’s Lender's Ratable Share of such fundsfunds (up to the amount of such Lender's Participation Advance), except such the Agent shall pay to the Issuing Bank shall retain the amount of the Ratable Share of such funds of any Bank Lender that did not make a Participation Advance in respect of such payment by such Issuing Bank. 2.10.4.2. If any Issuing Bank or the Administrative interest thereon. (ii) If the Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.10(d)(i) directly above in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank Lender shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent the amount of its Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank Lender to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.9.4.1 Upon (and only upon) receipt by the relevant Issuing Bank Administrative Agent for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such Issuing Bank the Administrative Agent under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank the Administrative Agent under such a Letter of Credit, such Issuing Bank the Administrative Agent will pay to each Bank, in the same funds as those received by such Issuing Bankthe Administrative Agent, the amount of such Bank’s Ratable Share of such funds, except such Issuing Bank the Administrative Agent shall retain the amount of the Ratable Share of such funds of any Bank that did not make a Participation Advance in respect of such payment by such Issuing BankAdministrative Agent. 2.10.4.2. 2.9.4.2 If any Issuing Bank or the Administrative Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.9. 4.1 [Repayment of Participation Advances] in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent the amount of its Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.9.4.1 Upon (and only upon) receipt by the relevant Issuing Bank Administrative Agent for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such Issuing Bank the Administrative Agent under the a Letter of Credit with respect to which any Bank Lender has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank the Administrative Agent under such a Letter of Credit, such Issuing Bank the Administrative Agent will pay to each BankLender, in the same funds as those received by such Issuing Bankthe Administrative Agent, the amount of such BankLender’s Ratable Share of such funds, except such Issuing Bank the Administrative Agent shall retain the amount of the Ratable Share of such funds of any Bank Lender that did not make a Participation Advance in respect of such payment by Administrative Agent. 2.9.4.2 If such Issuing Bank. 2.10.4.2. If any Issuing Bank Lender or the Administrative Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.9.4.1 in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank Lender shall, on demand of the Administrative AgentAgent or such Issuing Lender, forthwith return to the Administrative Agent or such Issuing Lender the amount of its Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent or such Issuing Lender plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank Lender to the Administrative AgentAgent or such Issuing Lender, as the case may be, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.9.4.1 Upon (and only upon) receipt by the relevant Issuing Agent on behalf of the Letter of Credit Bank for its account of immediately available funds from the Borrower (i) in reimbursement of any payment made by such Issuing the on behalf of the Letter of Credit Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Administrative Agent, Agent on behalf of the Letter of Credit Bank or (ii) in payment of interest on such a payment made by such Issuing Bank the Agent under such a Letter of Credit, such Issuing Bank the Agent will pay to each Bank, in the same funds as those received by such Issuing Bankthe Agent, the amount of such Bank’s 's Ratable Share of such funds, except such Issuing Bank the Agent shall retain the amount of the Ratable Share of such funds of any Bank that did not make a Participation Advance in respect of such payment by Agent. If the Letter of Credit Bank receives any such Issuing payment prior to 1:00 p.m. on a Business Day and does not make payment to any such Bank which has made such a Participation Advance on the same Business Day, then such Bank shall be entitled to receive such Letter of Credit Bank interest at the Federal Funds Effective Rate for each day until such payment is made to such Bank. 2.10.4.2. 2.9.4.2 If any Issuing Bank the Agent or the Administrative Agent Letter of Credit Bank is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.9. 4.1 ( Repayment of Participation Advances) in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank shall, on demand of the Administrative AgentAgent on behalf of the Letter of Credit Bank, forthwith return to the Administrative Agent the amount of its Ratable Share of any amounts so returned by the Agent or such Issuing Letter of Credit Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.10.4.1. 2.9.4.1 Upon (and only upon) receipt by the relevant Issuing Bank Administrative Agent for its account of immediately available funds from the Borrower and the Co-Borrower (i) in reimbursement of any payment made by such Issuing Bank the Administrative Agent under the Letter of Credit with respect to which any Bank Lender has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a payment made by such Issuing Bank the Administrative Agent under such a Letter of Credit, such Issuing Bank the Administrative Agent will pay to each BankLender, in the same funds as those received by such Issuing Bankthe Administrative Agent, the amount of such Bank’s Lender's Revolving Credit Ratable Share of such funds, except such Issuing Bank the Administrative Agent shall retain the amount of the Revolving Credit Ratable Share of such funds of any Bank Lender that did not make a Participation Advance in respect of such payment by such Issuing BankAdministrative Agent. 2.10.4.2. 2.9.4.2 If any Issuing Bank or the Administrative Agent is required at any time to return to any Loan Party, or to a trustee, receiver, liquidator, custodian, or any official in any Insolvency Proceeding, any portion of the payments made by any Loan Party to such Issuing Bank or the Administrative Agent pursuant to Section 2.10.4.1 2.9.4.1 in reimbursement of a payment made under the Letter of Credit or interest or fee thereon, each Bank Lender with Revolving Credit Commitments shall, on demand of and one day's notice by the Administrative Agent, forthwith return to the Administrative Agent the amount of its Revolving Credit Ratable Share of any amounts so returned by such Issuing Bank or the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank Lender to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.