Common use of Repayment of Participation Advances Clause in Contracts

Repayment of Participation Advances. 2.11.4.1 Upon (and only upon) receipt by the Agent for its account of immediately available funds from the Borrowers (i) in payment of any Letter of Credit Borrowing made by the Agent under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Agent, or (ii) in payment of interest on such a payment made by the Agent under such a Letter of Credit, the Agent will pay to each Bank, in the same funds as those received by the Agent, the amount of such Bank's Revolving Credit Ratable Share of such funds, except 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 Agent. 2.11.4.2 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 the Agent pursuant to Section 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 Agent, forthwith return to the Agent the amount of its Revolving Credit Ratable Share of any amounts so returned by the Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.11.4.1 2.10.4.1. Upon (and only upon) receipt by the Agent relevant Issuing Bank for its account of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by the Agent 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 the Agent such Issuing Bank under such a Letter of Credit, the Agent such Issuing Bank will pay to each Bank, in the same funds as those received by the Agentsuch Issuing Bank, the amount of such Bank's Revolving Credit ’s Ratable Share of such funds, except the Agent such Issuing 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 Agentsuch Issuing Bank. 2.11.4.2 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 2.11. 4.1 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. 2.11.4.1 2.9.4.1 Upon (and only upon) receipt by the Administrative Agent for its account of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by 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 the Administrative Agent under such a Letter of Credit, the Administrative Agent will pay to each BankLender, in the same funds as those received by the Administrative Agent, the amount of such Bank's Revolving Credit Lender’s Ratable Share of such funds, except 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 the Administrative Agent. 2.11.4.2 2.9.4.2 If such Issuing 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 the Administrative Agent pursuant to Section 2.11. 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 AgentAdministrative Agent or such Issuing Lender, forthwith return to the Administrative Agent or such Issuing Lender the amount of its Revolving Credit Ratable Share of any amounts so returned by 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 AgentAdministrative Agent 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. 2.11.4.1 2.9.4.1 Upon (and only upon) receipt by the Agent for its account on behalf of the Letter of Credit Bank of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any payment made by the on behalf of the Letter of Credit Borrowing made by the Agent Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Agent, Agent on behalf of the Letter of Credit Bank or (ii) in payment of interest on such a payment made by the Agent under such a Letter of Credit, the Agent will pay to each Bank, in the same funds as those received by the Agent, the amount of such Bank's Revolving Credit Ratable Share of such funds, except 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 Agent. If the Letter of Credit Bank receives any such 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. 2.11.4.2 2.9.4.2 If the Agent or the 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 the Agent pursuant to Section 2.112.9. 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 AgentAgent on behalf of the Letter of Credit Bank, forthwith return to the Agent the amount of its Revolving Credit Ratable Share of any amounts so returned by the Agent or such Letter of Credit Bank plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.11.4.1 2.9.4.1 Upon (and only upon) receipt by the Administrative Agent for its account of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by 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 the Administrative Agent under such a Letter of Credit, the Administrative Agent will pay to each Bank, in the same funds as those received by the Administrative Agent, the amount of such Bank's Revolving Credit ’s Ratable Share of such funds, except 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 Administrative Agent. 2.11.4.2 2.9.4.2 If 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 the Administrative Agent pursuant to Section 2.112.9. 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 Revolving Credit Ratable Share of any amounts so returned by 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. 2.11.4.1 2.9.4.1 Upon (and only upon) receipt by the Paying Agent for its account of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by the Agent under the a Letter of Credit with respect to which any Bank Lender has made a Participation Advance to the Agent, or (ii) in payment of interest on such a payment made by the Agent under such a Letter of Credit, the Paying Agent will pay to each BankLender, in the same funds as those received by the Paying Agent, the amount of such BankLender's Revolving Credit Ratable Share of such funds, except the Paying Agent shall retain pay to the applicable Issuing Bank 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 Agentpayment. 2.11.4.2 2.9.4.2 If such Issuing Bank or the 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 the Paying Agent pursuant to Section 2.11. 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 AgentPaying Agent or such Issuing Bank, forthwith return to the Paying Agent or such Issuing Bank the amount of its Revolving Credit Ratable Share of any amounts so returned by the Paying Agent or such Issuing Bank plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank Lender to the 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. 2.11.4.1 2.9.4.1 Upon (and only upon) receipt by the Agent Agent, on behalf of the Issuing Bank, for its the account of the Issuing Bank of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by the Agent Issuing Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Agent, on behalf of the Issuing Bank or (ii) in payment of interest on such a payment made by the Agent Issuing Bank under such a Letter of Credit, the Agent Agent, on behalf of the Issuing Bank, will pay to each Bank, in the same funds as those received by the Agent, on behalf of the Issuing Bank, the amount of such Bank's Revolving Credit Ratable Share of such funds, except the Agent Agent, on behalf of the Issuing 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 AgentIssuing Bank. 2.11.4.2 2.9.4.2 If any Issuing Bank (or the 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 the Agent Issuing Bank pursuant to Section 2.112.9. 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 Agent, on behalf of the Issuing Bank, forthwith return to the Agent Agent, on behalf of the Issuing Bank, the amount of its Revolving Credit Ratable Share of any amounts so returned by the Issuing Bank, or the 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 AgentIssuing Bank, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.11.4.1 2.9.4.1 Upon (and only upon) receipt by the Administrative Agent for its account of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by 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 the Administrative Agent under such a Letter of Credit, the Administrative Agent will pay to each BankLender, in the same funds as those received by the Administrative Agent, the amount of such Bank's Revolving Credit Lender’s Ratable Share of such funds, except 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 Administrative Agent. 2.11.4.2 2.9.4.2 If such Issuing 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 the Administrative Agent pursuant to Section 2.11. 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 AgentAdministrative Agent or such Issuing Lender, forthwith return to the Administrative Agent or such Issuing Lender the amount of its Revolving Credit Ratable Share of any amounts so returned by 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 AgentAdministrative Agent 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. 2.11.4.1 2.9.4.1 Upon (and only upon) receipt by the Administrative Agent for its account of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by 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 the Administrative Agent under such a Letter of Credit, the Administrative Agent will pay to each Bank, in the same funds as those received by the Administrative Agent, the amount of such Bank's Revolving Credit Ratable Share of such funds, except 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 Administrative Agent. 2.11.4.2 2.9.4.2 If 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 the Administrative Agent pursuant to Section 2.11. 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 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. 2.11.4.1 (i) Upon (and only upon) receipt by the Agent for its the account of the Issuing Bank of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by the Agent Issuing Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the AgentCredit, or (ii) in payment of interest on such a payment made by the Agent Issuing Bank under such a Letter of Credit, 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 the Agent, the amount of such BankLender's Revolving Credit Ratable Share of such fundsfunds (up to the amount of such Lender's Participation Advance), except the Agent shall retain pay to the Issuing Bank 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 AgentIssuing Bank or the interest thereon. 2.11.4.2 (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 the Agent pursuant to Section 2.11. 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 Agent, forthwith return to the Agent the amount of its Revolving Credit Ratable Share of any amounts so returned by the Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank Lender to the Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.11.4.1 2.9.4.1 Upon (and only upon) receipt by the Administrative Agent for its account of immediately available funds from the Borrowers Borrower and the Co-Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by 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 the Administrative Agent under such a Letter of Credit, the Administrative Agent will pay to each BankLender, in the same funds as those received by the Administrative Agent, the amount of such BankLender's Revolving Credit Ratable Share of such funds, except 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 Administrative Agent. 2.11.4.2 2.9.4.2 If 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 the Administrative Agent pursuant to Section 2.11. 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 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. 2.11.4.1 2.10.4.1. Upon (and only upon) receipt by the Agent relevant Issuing Bank for its account of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by the Agent 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 the Agent such Issuing Bank under such a Letter of Credit, the Agent such Issuing Bank will pay to each Bank, in the same funds as those received by the Agentsuch Issuing Bank, the amount of such Bank's Revolving Credit Ratable Share of such funds, except the Agent such Issuing 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 Agentsuch Issuing Bank. 2.11.4.2 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 2.11. 4.1 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. 2.11.4.1 (i) Upon (and only upon) receipt by the Agent for its the account of the Issuing Bank of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by the Agent Issuing Bank under the Letter of Credit with respect to which any Bank has made a Participation Advance to the AgentCredit, or (ii) in payment of interest on such a payment made by the Agent Issuing Bank under such a Letter of Credit, 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 the Agent, the amount of such Bank's Revolving Credit Lender’s Ratable Share of such fundsfunds (up to the amount of such Lender’s Participation Advance), except the Agent shall retain pay to the Issuing Bank 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 AgentIssuing Bank or the interest thereon. 2.11.4.2 (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 the Agent pursuant to Section 2.11. 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 Agent, forthwith return to the Agent the amount of its Revolving Credit Ratable Share of any amounts so returned by the Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank Lender to the Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.11.4.1 2.9.4.1 Upon (and only upon) receipt by the Agent for its the account of the Issuer of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any Letter of Credit Borrowing payment made by the Agent Issuer under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Agent, or (ii) in payment of interest on such a payment made by the Agent under such a Letter of Credit, the Agent Agent, on behalf of the Issuer, will pay to each Bank, in the same funds as those received by the Agent, for the account of the Issuer, the amount of such Bank's Revolving Credit Ratable Share of such funds, except the Agent shall retain the amount of the Revolving Credit Ratable Share of such funds of any Bank that did not make a Participation participation Advance in respect of such payment by Agent. 2.11.4.2 2.9.4.2 If the 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 the Agent Agent, for the account of the Issuer, pursuant to Section 2.112.9. 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 Agent, on behalf of the Issuer, forthwith return to the Agent Agent, for the account of the Issuer, the amount of its Revolving Credit Ratable Share of any amounts so returned by the 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 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. 2.11.4.1 2.10.4.1 Upon (and only upon) receipt by the Administrative Agent for its account of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any payment made by the Issuing Letter of Credit Borrowing made by the Agent 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 the Agent Issuing Letter of Credit Bank under such a Letter of Credit, the Administrative Agent will pay to each Bank, in the same funds as those received by the Administrative Agent, the amount of such Bank's Revolving Credit Ratable Share of such funds, except the Administrative Agent shall retain deliver to the Issuing Letter of Credit Bank 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 Administrative Agent. 2.11.4.2 2.10.4.2 If 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 the Administrative Agent pursuant to Section 2.11. 4.1 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 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. 2.11.4.1 2.9.4.1. Upon (and only upon) receipt by the Agent for its account of immediately available funds from the Borrowers (i) in payment reimbursement of any Letter of Credit Borrowing payment made by the Agent under the Letter of Credit with respect to which any Bank has made a Participation Advance to the Agent, or (ii) in payment of interest on such a payment made by the Agent under such a Letter of Credit, the Agent will pay to each Bank, in the same funds as those received by the Agent, the amount of such Bank's Revolving Credit Ratable Share of such funds, except 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 Agent. 2.11.4.2 2.9.4.2. If the 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 the Agent pursuant to Section 2.112.9. 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 Agent, forthwith return to the Agent the amount of its Revolving Credit Ratable Share of any such amounts so returned by the Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Bank to the Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect from time to time.

Repayment of Participation Advances. 2.11.4.1 2.8.4.1 Upon (and only upon) receipt by the Administrative Agent for its account of immediately available funds from the Borrowers Borrower (i) in payment reimbursement of any payment made by the Issuing Letter of Credit Borrowing made by the Agent 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 the Administrative Agent under such a Letter of Credit, the Administrative Agent will pay to each Bank, in the same funds as those received by the Administrative Agent, the amount of such Bank's Revolving Credit Ratable Share of such funds, except the Administrative Agent shall retain deliver to the Issuing Letter of Credit Bank 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 Administrative Agent. 2.11.4.2 2.8.4.2 If 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 the Administrative Agent pursuant to Section 2.112.8. 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 Revolving Credit Ratable Share of any amounts so returned by 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.