Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender. (ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 66 contracts
Samples: Credit Agreement (Corsair Gaming, Inc.), Credit Agreement (Agilysys Inc), Credit Agreement (ONESPAWORLD HOLDINGS LTD)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 62 contracts
Samples: Credit Agreement (Suburban Propane Partners Lp), Incremental Amendment Agreement (Ciena Corp), Credit Agreement (TopBuild Corp)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 55 contracts
Samples: Credit Agreement (Akumin Inc.), Loan Agreement (Akumin Inc.), Credit Agreement (Nn Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 31 contracts
Samples: Credit Agreement (Pebblebrook Hotel Trust), Credit Agreement (Granite Construction Inc), Limited Waiver and Amendment to Credit Agreement (Granite Construction Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 24 contracts
Samples: Credit Agreement (Sylvamo Corp), Credit Agreement (WEX Inc.), Credit Agreement (Kbr, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 14 contracts
Samples: Credit Agreement (Celestica Inc), Credit Agreement (Celestica Inc), Credit Agreement (Ii-Vi Inc)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 11 contracts
Samples: Credit Agreement (Hecla Mining Co/De/), Credit Agreement (Tilray Brands, Inc.), Credit Agreement (Bandwidth Inc.)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 11 contracts
Samples: Credit Agreement (Ceco Environmental Corp), Credit Agreement (Tetra Tech Inc), Credit Agreement (Tetra Tech Inc)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 10 contracts
Samples: Credit Agreement (Cole Real Estate Investments, Inc.), Credit Agreement (Cole Real Estate Investments, Inc.), Credit Agreement (Cole Corporate Income Trust, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 10 contracts
Samples: Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 10 contracts
Samples: Credit Agreement (Toro Co), Credit Agreement (Toro Co), Credit Agreement
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 9 contracts
Samples: Credit Agreement (Biomarin Pharmaceutical Inc), Credit Agreement (Biomarin Pharmaceutical Inc), Credit Agreement (Carriage Services Inc)
Repayment of Participations. (i) At any time after any Revolving Facility Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Facility Lender its Applicable applicable Revolving Facility Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Facility Lender shall pay to the Swingline Swing Line Lender its Applicable applicable Revolving Facility Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the ABL Credit Obligations and the termination of this Agreement.
Appears in 8 contracts
Samples: Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.), Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.), Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.)
Repayment of Participations. (i) At any time after any Revolving Facility Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Facility Lender its Applicable Revolving Facility Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 8.10 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Facility Lender shall pay to the Swingline Lender its Applicable Revolving Facility Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Revolving Facility Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 7 contracts
Samples: Credit Agreement (EVERTEC, Inc.), Credit Agreement (Great Wolf Resorts, Inc.), Credit Agreement (EVERTEC, Inc.)
Repayment of Participations. (i) At any time after any Revolving A Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving A Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving A Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 7 contracts
Samples: Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 7 contracts
Samples: Credit Agreement (Entravision Communications Corp), Credit Agreement (Entercom Communications Corp), Credit Agreement (World Fuel Services Corp)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline any Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline such Swing Line Lender will distribute to such Revolving Lender its Applicable Pro Rata Share (with respect to the Revolving Percentage thereof Credit Facility) of such payment in the same funds as those received by the Swingline such Swing Line Lender.
(ii) If any payment received by the Swingline any Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline such Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline such Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline such Swing Line Lender its Applicable Pro Rata Share thereof (with respect to the Revolving Percentage thereof Credit Facility) on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline applicable Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 7 contracts
Samples: Credit Agreement (AdvanSix Inc.), Credit Agreement (AdvanSix Inc.), Credit Agreement (AdvanSix Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Commitment Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 9.09 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Commitment Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 6 contracts
Samples: Credit Agreement (Donnelley Financial Solutions, Inc.), Credit Agreement (Donnelley Financial Solutions, Inc.), Credit Agreement (LSC Communications, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 6 contracts
Samples: Credit Agreement (Fresh Del Monte Produce Inc), Abl Credit Agreement (Ciena Corp), Abl Credit Agreement (Ciena Corp)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.06 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 6 contracts
Samples: Credit Agreement (Primo Water Corp /CN/), Credit Agreement (Primo Water Corp /CN/), Credit Agreement (Primo Water Corp /CN/)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof of such payment in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full Full Payment of the Obligations and the termination of this Agreement.
Appears in 6 contracts
Samples: Credit Agreement (Casella Waste Systems Inc), Specified Acquisition Loan Joinder (Casella Waste Systems Inc), Credit Agreement (Casella Waste Systems Inc)
Repayment of Participations. (i) At any time after any Revolving Facility Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Facility Lender its Applicable Revolving Facility Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Facility Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Facility Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the ABL Credit Obligations and the termination of this Agreement.
Appears in 6 contracts
Samples: Credit Agreement (Constellium Se), Credit Agreement (Constellium N.V.), Credit Agreement (Constellium N.V.)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Loan Obligations and the termination of this Agreement.
Appears in 5 contracts
Samples: Credit Agreement (American Renal Associates Holdings, Inc.), Credit Agreement (American Renal Associates Holdings, Inc.), First Lien Credit Agreement (American Renal Associates Holdings, Inc.)
Repayment of Participations. (i) At any time after any Revolving Committed (USD) Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving (USD) Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Committed (USD) Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving (USD) Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Committed (USD) Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 5 contracts
Samples: Credit Agreement (Mastec Inc), Credit Agreement (Mastec Inc), Credit Agreement (Mastec Inc)
Repayment of Participations. (i) At any time after any Revolving Tranche A Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Tranche A Lender its Applicable Revolving Commitment Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 2.8(d) (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Tranche A Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Commitment Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Tranche A Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Revolving Credit Facility (Nordstrom Inc), Revolving Credit Facility (Nordstrom Inc), Revolving Credit Facility (Nordstrom Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Cal Dive International, Inc.), Credit Agreement (Helix Energy Solutions Group Inc), Credit Agreement (Helix Energy Solutions Group Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Graphic Packaging Holding Co), Credit Agreement (Graphic Packaging International, LLC), Credit Agreement (Graphic Packaging International, LLC)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds New York Fed Bank Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Credit Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Madison Square Garden Entertainment Corp.), Credit Agreement (Madison Square Garden Entertainment Corp.), Credit Agreement (MSG Networks Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline applicable Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline such Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline such Swing Line Lender.
(ii) If any payment received by the Swingline applicable Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline such Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline such Swing Line Lender in its discretion), each applicable Revolving Lender shall pay to the Swingline applicable Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline applicable Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Hain Celestial Group Inc), Credit Agreement (Hain Celestial Group Inc), Credit Agreement (Hain Celestial Group Inc)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this AgreementTermination Date.
Appears in 4 contracts
Samples: Credit Agreement (Atlassian Corp), Credit Agreement (Atlassian Corp), Credit Agreement (Workday, Inc.)
Repayment of Participations. (i) At any time after any Dollar Tranche Revolving Credit Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Dollar Tranche Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 13.5 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Dollar Tranche Revolving Credit Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc)
Repayment of Participations. (i) At any time after any Revolving applicable Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline applicable Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline such Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof of the Company Sublimit in the same funds as those received by the Swingline such Swing Line Lender.
(ii) If any payment received by the Swingline applicable Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline such Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline such Swing Line Lender in its discretion), each Revolving applicable Lender shall pay to the Swingline such Swing Line Lender its Applicable Revolving Percentage thereof of the Company Sublimit of such amount required to be returned on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline such Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Thermo Fisher Scientific Inc.), Credit Agreement (Thermo Fisher Scientific Inc.), Credit Agreement (Thermo Fisher Scientific Inc.)
Repayment of Participations. (i) At any time after any Initial Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Initial Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) . If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 9.03 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Initial Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Effective Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Secured Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Abl Credit Agreement (Hayward Holdings, Inc.), Abl Credit Agreement (Hayward Holdings, Inc.), Abl Credit Agreement (Hayward Holdings, Inc.)
Repayment of Participations. (i) At any time after any Revolving Facility Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Facility Lender its Applicable Revolving Facility Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 8.10 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Facility Lender shall pay to the Swingline Lender its Applicable Revolving Facility Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Revolving Facility Lenders under this clause shall be absolute and unconditional and survive the payment Payment in full of the Obligations Full and the termination of this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (EVERTEC, Inc.), Credit Agreement (EVERTEC, Inc.), Credit Agreement (EVERTEC, Inc.)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Effective Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Post Holdings, Inc.), Credit Agreement, Credit Agreement (Post Holdings, Inc.)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Effective Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause paragraph (ii) shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (ACCO BRANDS Corp), Credit Agreement (ACCO BRANDS Corp), Credit Agreement (ACCO BRANDS Corp)
Repayment of Participations. (i) At any time after any USD Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such USD Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each USD Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the USD Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 4 contracts
Samples: Refinancing Amendment (Hologic Inc), Refinancing Amendment (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 12.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Rexford Industrial Realty, Inc.), Credit Agreement (Rexford Industrial Realty, Inc.), Credit Agreement (Rexford Industrial Realty, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 10.7(c) (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (National Financial Partners Corp), Credit Agreement (National Financial Partners Corp), Credit Agreement (National Financial Partners Corp)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (COMMERCIAL METALS Co), Credit Agreement (Helen of Troy LTD), Credit Agreement (COMMERCIAL METALS Co)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds RateRate from time to time in effect. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 3 contracts
Samples: Amendment No. 2 and Reaffirmation of Collateral Documents (Einstein Noah Restaurant Group Inc), Credit Agreement (Einstein Noah Restaurant Group Inc), Credit Agreement (Einstein Noah Restaurant Group Inc)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this AgreementTermination Date.
Appears in 3 contracts
Samples: Credit Agreement (Ansys Inc), Credit Agreement (Ansys Inc), Credit Agreement (Ansys Inc)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations Facility Termination Date and the termination of this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Armstrong Flooring, Inc.), Credit Agreement (Armstrong Flooring, Inc.), Credit Agreement (Us Xpress Enterprises Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause (d)(ii) shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Carriage Services Inc), Credit Agreement, Credit Agreement (Carriage Services Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Clarcor Inc.), Credit Agreement (Clarcor Inc.), Credit Agreement (Clarcor Inc.)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage Pro Rata Share thereof (or greater share of the amount funded) in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 9.22 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage Pro Rata Share thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Loan Obligations and the termination of this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Solutia Inc), Credit Agreement (Solutia Inc), Credit Agreement (Solutia Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage Pro Rata Share thereof (or greater share of the amount funded) in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage Pro Rata Share thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Loan Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Targa Resources Corp.), Credit Agreement (Targa Resources Corp.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Agree Realty Corp), Revolving Credit and Term Loan Agreement (Agree Realty Corp)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Amedisys Inc), Credit Agreement (Amedisys Inc)
Repayment of Participations. (i) At any time after any Domestic Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Domestic Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Domestic Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Balchem Corp), Credit Agreement (Balchem Corp)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause (ii) shall survive the payment in full of the Obligations Facility Termination Date and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (AeroVironment Inc), Exhibit (AeroVironment Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Flextronics International Ltd.), Credit Agreement (Flextronics International Ltd.)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Armada Hoffler Properties, Inc.), Credit Agreement (Armada Hoffler Properties, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Secured Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Sunpower Corp), Credit Agreement (Sunpower Corp)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds RateRate from time to time in effect. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (NOODLES & Co), Credit Agreement (NOODLES & Co)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.Swing Line
Appears in 2 contracts
Samples: Credit Agreement (Ashland Global Holdings Inc), Credit Agreement (Bally Technologies, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender making such Swing Line Loan receives any payment on account of such Swingline Swing Line Loan, the Swingline such Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline such Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender making a Swing Line Loan in respect of principal or interest on any Swingline such Swing Line Loan is required to be returned by the Swingline such Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline such Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline such Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline applicable Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Agree Realty Corp), Revolving Credit and Term Loan Agreement (Agree Realty Corp)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline any Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline such Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline such Swing Line Lender.
(ii) If any payment received by the Swingline any Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline such Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline such Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline such Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Effective Rate. The Administrative Agent will make such demand upon the request of the Swingline such Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Starwood Property Trust, Inc.), Credit Agreement (Starwood Property Trust, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Revolving Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Revolving Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Flir Systems Inc), Credit Agreement (Flir Systems Inc)
Repayment of Participations. (i) At any time after any Revolving Revolver Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Revolver Lender its Applicable Revolving Revolver Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Revolver Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Revolver Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolver Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (SemGroup Energy Partners, L.P.), Credit Agreement (SemGroup Energy Partners, L.P.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (RigNet, Inc.), Credit Agreement (RigNet, Inc.)
Repayment of Participations. (i) At any time after any Revolving applicable Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof of the Company Sublimit in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving applicable Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof of the Company Sublimit of such amount required to be returned on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Thermo Fisher Scientific Inc.), Credit Agreement (Thermo Fisher Scientific Inc.)
Repayment of Participations. (i) At any time after any Revolving A Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving A Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving A Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving A Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage Pro Rata Share thereof (or greater share of the amount funded) in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage Pro Rata Share thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Loan Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Targa Resources Corp.), Credit Agreement (Targa Resources Investments Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Amerigon Inc), Credit Agreement (Amerigon Inc)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 13.7 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Lender its Applicable Revolving Credit Commitment Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Ugi Corp /Pa/), Credit Agreement (Amerigas Partners Lp)
Repayment of Participations. (i) At any time after any Revolving Tranche 1 Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Tranche 1 Lender its Applicable Revolving Tranche 1 Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Tranche 1 Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Tranche 1 Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Tranche 1 Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Discovery Communications, Inc.), Credit Agreement (Discovery Communications, Inc.)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Herbalife Ltd.), Credit Agreement (Herbalife Ltd.)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds RateRate from time to time in effect. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Del Taco Restaurants, Inc.), Credit Agreement (Del Taco Restaurants, Inc.)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Adjusted Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Senior Credit Obligations and the termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Ahny-Iv LLC)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this AgreementTermination Date.
Appears in 1 contract
Repayment of Participations. (i) i. At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) . If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (NV5 Global, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender Credit Lender, has purchased and funded a risk participation in a Swingline LoanSwing Line Participation, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender Credit Lender, shall pay to the Swingline Swing Line Lender its Applicable Revolving Adjusted Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this AgreementTermination Date.
Appears in 1 contract
Samples: Credit Agreement (DJO Finance LLC)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.obligations
Appears in 1 contract
Samples: Credit Agreement (Tutor Perini Corp)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.4824-8983-8000 v.10
Appears in 1 contract
Samples: Credit Agreement (RigNet, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender (through Agent) its Applicable Percentage for Revolving Percentage Loans thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Percentage for Revolving Percentage Loans thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Senior Credit Obligations and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line NYDOCS02/1167307 48 Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Core Currency Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Core Currency Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Tiffany & Co)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) . If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving Tranche 1 Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Tranche 1 Lender its Applicable Revolving Tranche 1 Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Tranche 1 Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Tranche 1 Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Tranche 1 Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Jacobs Engineering Group Inc /De/)
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) . If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds NYFRB Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Lenders under this clause (ii) shall survive the payment in full of the Obligations Facility Termination Date and the termination of this Agreement.
Appears in 1 contract
Samples: Amendment and Restatement Agreement (Concentrix Corp)
Repayment of Participations. (i) At x. Xx any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) . If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Lydall Inc /De/)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause (ii) shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Effective Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations Obligations, the termination of the Commitments and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving CREDIT AGREEMENT – Page 29 Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 12.24 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Bgsf, Inc.)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan under the Revolving Credit Facility is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Colfax CORP)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender.
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Joint Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Joint Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Green Plains Inc.)
Repayment of Participations.
(i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute 49 to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Lender..
(ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Revolving Lender shall pay to the Swingline Lender its Applicable Revolving Percentage thereof on demand of the Joint Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Joint Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement..
Appears in 1 contract
Samples: Credit Agreement (Green Plains Inc.)
Repayment of Participations. (i) At any time after any Dollar Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Dollar Revolving Lender its Dollar Revolving Facility Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Dollar Revolving Lender shall pay to the Swingline Swing Line Lender its Dollar Revolving Facility Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Dollar Revolving Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Outerwall Inc)
Repayment of Participations. (i) At any time after any Revolving Committed (USD) Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving 86420711.6 Lender its Applicable Revolving (USD) Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Committed (USD) Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving (USD) Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Committed (USD) Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Mastec Inc)
Repayment of Participations. (i) At any time after any Revolving Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Fundsapplicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving A-2 Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline applicable Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline such Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline such Swing Line Lender.
(ii) If any payment received by the Swingline applicable Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline such Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline such Swing Line Lender in its discretion), each Revolving A-2 Lender shall pay to the Swingline applicable Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline any Swing Line Lender. The obligations of the Revolving A-2 Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
Appears in 1 contract
Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(iii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
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Repayment of Participations. (i) At any time after any Revolving U.S. Sub-facility Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline Swing Line Lender will distribute to such Revolving U.S. Sub-facility Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline Swing Line Lender.
(ii) If any payment received by the Swingline Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline Swing Line Lender under any of the circumstances described in Section 11.05 10.05 (including pursuant to any settlement entered into by the Swingline Swing Line Lender in its discretion), each Revolving U.S. Sub-facility Lender shall pay to the Swingline Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline Swing Line Lender. The obligations of the U.S. Sub-facility Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
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Samples: Credit Agreement (Multi Color Corp)
Repayment of Participations. (i) At any time after any Revolving A-12 Lender has purchased and funded a risk participation in a Swingline Swing Line Loan, if the Swingline applicable Swing Line Lender receives any payment on account of such Swingline Swing Line Loan, the Swingline such Swing Line Lender will distribute to such Revolving Lender its Applicable Revolving Percentage thereof in the same funds as those received by the Swingline such Swing Line Lender.
(ii) If any payment received by the Swingline applicable Swing Line Lender in respect of principal or interest on any Swingline Swing Line Loan is required to be returned by the Swingline such Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swingline such Swing Line Lender in its discretion), each Revolving A-12 Lender shall pay to the Swingline applicable Swing Line Lender its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swingline any Swing Line Lender. The obligations of the Revolving A-12 Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement.
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