Common use of Repayment of Participation Clause in Contracts

Repayment of Participation. (a) When the Agent receives (and only if the Agent receives), for the account of the Issuing Bank, immediately available funds from the Borrowers (i) in respect of which any Acquisition Loan Lender has paid the Agent for the account of the Issuing Bank for such Lender’s participation in the Letter of Credit Advance pursuant to Section 6.3 or (ii) in payment of interest thereon, the Agent will pay to each Lender, in the same funds as those received by the Agent for the account of the Issuing Bank, the amount of such funds attributable to each such Lender and the Issuing Bank shall receive and retain the amount of such funds attributable to any Lender that did not so pay the Agent for the account of the Issuing Bank.

Repayment of Participation. (a) When the Agent receives (and only if the Agent receives), for the account of the an Issuing Bank, immediately available funds from the Borrowers (i) in respect of which any Acquisition Loan Lender has paid the Agent for the account of the such Issuing Bank for such Lender’s participation in the Letter of Credit Advance pursuant to Section 6.3 or (ii) in payment of interest thereon, the Agent will pay to each Lender, in the same funds as those received by the Agent for the account of the such Issuing Bank, the amount of such funds attributable to each such Lender and the such Issuing Bank shall receive and retain the amount of such funds attributable to any Lender that did not so pay the Agent for the account of the such Issuing Bank.

Repayment of Participation. (a) When the Agent receives (and only if the Agent receives), for the account of the Issuing Bank, immediately available funds from the Borrowers (i) in respect of which any Acquisition Loan Lender Bank has paid the Agent for the account of the Issuing Bank for such Lender’s Bank's participation in the Letter of Credit Advance pursuant to Section 6.3 or (ii) in payment of interest thereon, the Agent will pay to each LenderBank, in the same funds as those received by the Agent for the account of the Issuing Bank, the amount of such funds attributable to each such Lender Bank and the Issuing Bank shall receive and retain the amount of such funds attributable to any Lender Bank that did not so pay the Agent for the account of the Issuing Bank.

Repayment of Participation. (a) When the Agent receives (and only if the Agent receives), for the account of the Issuing Bank, immediately available funds from the Borrowers (i) in respect of which any Acquisition Loan Lender has paid the Agent for the account of the Issuing Bank for such Lender’s 's participation in the Letter of Credit Advance pursuant to Section 6.3 or (ii) in payment of interest thereon, the Agent will pay to each Lender, in the same funds as those received by the Agent for the account of the Issuing Bank, the amount of such funds attributable to each such Lender and the Issuing Bank shall receive and retain the amount of such funds attributable to any Lender that did not so pay the Agent for the account of the Issuing Bank.

Repayment of Participation. (a) When the Agent receives (and only if the Agent receives), for the account of the an Issuing Bank, immediately available funds from the Borrowers (i) in respect of which any Acquisition Loan Lender has paid the Agent for the account of the such Issuing Bank for such LenderXxxxxx’s participation in the Letter of Credit Advance pursuant to Section 6.3 or (ii) in payment of interest thereon, the Agent will pay to each Lender, in the same funds as those received by the Agent for the account of the such Issuing Bank, the amount of such funds attributable to each such Lender and the such Issuing Bank shall receive and retain the amount of such funds attributable to any Lender that did not so pay the Agent for the account of the such Issuing Bank.

Repayment of Participation. (a) When the Agent receives (and only if the Agent receives), for the account of the an Issuing Bank, immediately available funds from the Borrowers (i) in respect of which any Acquisition Loan Lender has paid the Agent for the account of the such Issuing Bank for such Lender’s participation xxxxxcipation in the Letter of Credit Advance pursuant to Section 6.3 or (ii) in payment of interest thereon, the Agent will pay to each Lender, in the same funds as those received by the Agent for the account of the such Issuing Bank, the amount of such funds attributable to each such Lender and the such Issuing Bank shall receive and retain the amount of such funds attributable to any Lender that did not so pay the Agent for the account of the such Issuing Bank.

Repayment of Participation. (a) When the Agent receives (and only if the Agent receives), for the account of the Issuing Bank, immediately available funds from the Borrowers (i) in respect of which any Acquisition Loan Lender has paid the Agent for the account of the Issuing Bank for such Lender’s 's participation in the Letter of Credit Advance pursuant to Section 6.3 or (ii) in payment of interest thereon, the Agent will pay to each Lender, in the same funds as those received by the Agent for the account of the Issuing Bank, the amount of such funds attributable to each such Lender and the Issuing Bank shall receive and retain the amount of such funds attributable to any Lender that did not so pay the Agent for the account of the Issuing Bank.