Common use of Repayment of Participations Clause in Contracts

Repayment of Participations. (i) At any time after an Issuing Bank has made a payment under any Letter of Credit and has received from any Bank such Bank’s L/C Advance in respect of such payment in accordance with Section 2.20(b), if the Administrative Agent receives for the account of such Issuing Bank any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 8 contracts

Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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Repayment of Participations. (i) At any time after an Issuing Bank has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(b), if the Administrative Agent receives for the account of such Issuing Bank any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement (Allegheny Energy, Inc), Credit Agreement (Allegheny Energy, Inc), Credit Agreement (Allegheny Energy, Inc)

Repayment of Participations. (ia) At any time after an such Issuing Bank Lender has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b)2.7, if the Administrative Agent receives for the account of such Issuing Bank Lender any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share Revolving Percentage thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement, Credit Agreement (Access Midstream Partners Lp), Credit Agreement (Chesapeake Midstream Partners Lp)

Repayment of Participations. (ia) At any time after an the Issuing Bank has made a payment under any Letter of Credit and has received from any Domestic Bank such Bank’s L/C Advance in respect of such payment in accordance with Section 2.20(b)§4.3, if the Administrative Agent receives for the account of such the Issuing Bank any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower Ryder or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank its Pro Rata Share Domestic Commitment Percentage thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 4 contracts

Samples: Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc)

Repayment of Participations. (i) At any time after an Issuing Bank L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 4 contracts

Samples: Credit Agreement (Noble Midstream Partners LP), Credit Agreement (Noble Midstream Partners LP), Credit Agreement (Noble Midstream Partners LP)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Sonic Corp), Credit Agreement (Meritage Homes CORP), Credit Agreement (Sonic Corp)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Qep Resources, Inc.), Credit Agreement (QEP Midstream Partners, LP), Credit Agreement (QEP Midstream Partners, LP)

Repayment of Participations. (i) At any time after an Issuing Bank L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Schnitzer Steel Industries Inc), Credit Agreement (Manor Care Inc), Credit Agreement (Proquest Co)

Repayment of Participations. (i) At any time after an Issuing Bank the applicable L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Ameron International Corp), Credit Agreement (Ameron International Corp), Credit Agreement (Renal Care Group Inc)

Repayment of Participations. (i) At any time after an Issuing Bank the applicable Issuer has made a payment under any Letter of Credit and has received from any Bank Revolving Credit Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

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 an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.04(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (ONEOK Partners LP), Credit Agreement (Oneok Inc /New/), Credit Agreement (Oneok Inc /New/)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower Borrowers or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Imation Corp), Credit Agreement (Imation Corp), Credit Agreement (Imation Corp)

Repayment of Participations. (i) At any time after an Issuing Bank any L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Ferrellgas Partners Finance Corp), Credit Agreement (Ferrellgas Finance Corp)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.04(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Bre Properties Inc /Md/), Credit Agreement (Bre Properties Inc /Md/)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Paying Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Paying Agent), the Administrative Paying Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Paying Agent.

Appears in 2 contracts

Samples: Assignment and Assumption (Timken Co), Credit Agreement (Timken Co)

Repayment of Participations. (i) At any time after an Issuing Bank L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank an L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Commercial Metals Co), Credit Agreement (Commercial Metals Co)

Repayment of Participations. (ia) At any time after an the applicable Issuing Bank Lender has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b)2.3.3, if the Administrative Agent receives for the account of such the applicable Issuing Bank Lender any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower Company or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (SP Plus Corp), Credit Agreement (Standard Parking Corp)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b2.04(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the applicable Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Metlife Inc), Credit Agreement (Metlife Inc)

Repayment of Participations. (i) At any time after an the Issuing Bank Lender has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s L/C Lender's LOC Advance in respect of such payment in accordance with Section 2.20(b2.2(c), if the Administrative Agent receives for the account of such the Issuing Bank Lender any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s L/C Lender's LOC Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (CNL Retirement Properties Inc), Credit Agreement (CNL Retirement Properties Inc)

Repayment of Participations. (i) At any time after an Issuing Bank the applicable L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.04(c), if the Administrative Agent receives for the account of such Issuing Bank L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Health Net Inc), Credit Agreement (Health Net Inc)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in Dollars and in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Intercreditor Agreement (Tech Data Corp), Credit Agreement (Navigant International Inc)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related applicable Unreimbursed Amount or interest thereon (whether directly from the Borrower Borrowers or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Imation Corp), Credit Agreement (Imation Corp)

Repayment of Participations. (i) At any time after an the Issuing Bank has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C LC Advance in respect of such payment in accordance with Section 2.20(b2.05(c), if the Administrative Agent receives for the account of such the Issuing Bank any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share Applicable Percentage thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C LC Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (AGA Medical Holdings, Inc.), Credit Agreement (AGA Medical Holdings, Inc.)

Repayment of Participations. (i) At any time after an the Issuing Bank Lender has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.07(c), if the Administrative Agent receives for the account of such the Issuing Bank Lender any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Brigham Exploration Co), Credit Agreement (Brigham Exploration Co)

Repayment of Participations. (i) At any time after an Issuing the Fronting Bank has made a payment under any Participated Letter of Credit and has received from any Bank Lender such BankLender’s L/C 57 Advance in respect of such payment in accordance with Section 2.20(b3.2(f), if the Administrative Agent receives for the account of such Issuing the Fronting Bank any payment in respect of the related Unreimbursed Amount unpaid L/C Disbursement or interest thereon (whether directly from the Borrower applicable Account Party or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Ratable Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Platinum Underwriters Holdings LTD)

Repayment of Participations. (i) At any time after an Issuing Bank has made a payment under any Letter of Credit and has received from any Bank such Bank’s L/C Advance in respect of such payment in accordance with Section ‎Section 2.20(b), if the Administrative Agent receives for the account of such Issuing Bank any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b2.04(c), if the Administrative Agent receives for the account of such Issuing Bank L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Citgo Petroleum Corp)

Repayment of Participations. (i) At any time after an such Issuing Bank has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C LC Advance in respect of such payment in accordance with Section 2.20(b2.05(c), if the Administrative Agent receives for the account of such Issuing Bank any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share Applicable Percentage thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C LC Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (PharMerica CORP)

Repayment of Participations. (i) At any time after an Issuing Bank L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.04(c), if the Administrative Agent receives for the account of such Issuing Bank L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankXxxxxx’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the any Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Catellus Development Corp)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), . if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Cousins Properties Inc)

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Repayment of Participations. (i) At any time after an Issuing the Fronting Bank has made a payment under any Participated Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(bSECTION 4.2(F), if the Administrative Agent receives for the account of such Issuing the Fronting Bank any payment in respect of the related Unreimbursed Amount unpaid L/C Disbursement or interest thereon (whether directly from the Borrower applicable Account Party or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Ratable Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Ipc Holdings LTD)

Repayment of Participations. (i) At any time after an the Issuing Bank has made a payment under any Letter of Credit and has received from any Bank Standby Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b2.20(c), if the Administrative Agent receives for the account of such the Issuing Bank any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Ratable Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Citizens Communications Co

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.10(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the a Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Famous Daves of America Inc)

Repayment of Participations. (i) At any time after an any Issuing Bank has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.3(e), if the Administrative Agent receives for the account of such Issuing Bank any payment in respect of the related Unreimbursed Amount Reimbursement Obligation or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share ratable portion thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Empire District Electric Co)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share pro rata share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Mac-Gray Corp)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.. Exhibit A

Appears in 1 contract

Samples: Credit Agreement (School Specialty Inc)

Repayment of Participations. (ia) At any time after an the applicable Issuing Bank Lender has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b)SECTION 3.3, if the Administrative Agent receives for the account of such the applicable Issuing Bank Lender any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower Company or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Long Term Credit Agreement (Republic Services Inc)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.05(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the any Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in Dollars and in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Donaldson Co Inc)

Repayment of Participations. (ia) At any time after an the Issuing Bank has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Letter of Credit Advance in respect of such payment in accordance with Section 2.20(b)§4.3, if the Administrative Agent receives for the account of such the Issuing Bank any payment in respect of the related Unreimbursed Amount Unpaid Reimbursement Obligation or interest thereon (whether directly from the applicable Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share Commitment Percentage thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Letter of Credit Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Barnes Group Inc)

Repayment of Participations. (i) At any time anytime after an the Issuing Bank has made a payment under any Letter of Credit and has received from any Bank such Bankthe Agent a Lender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.3(c), if the Administrative Agent receives for the account of such the Issuing Bank any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower Borrowers or otherwise, including the proceeds of Cash Collateral, if anyin form and substance satisfactory to Agent, applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Leslies Poolmart Inc)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Carters Inc)

Repayment of Participations. (i) At any time after an the Issuing Bank has made a payment under any Letter of Credit and has received from any Bank such Bank’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.5(c), if the Administrative Agent receives for the account of such the Issuing Bank any payment in respect of the related Unreimbursed LA\4060806.14 Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Revolving Loan Agreement (Kb Home)

Repayment of Participations. (i) At any time after an Issuing Bank the Letter of Credit Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.08(c), if the Administrative Agent receives for the account of such Issuing Bank the Letter of Credit Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the applicable Borrower or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lendex’x L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lafayette Square USA, Inc.)

Repayment of Participations. (i) At any time after an Issuing Bank the Letter of Credit Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.08(c), if the Administrative Agent receives for the account of such Issuing Bank the Letter of Credit Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share Applicable Percentage thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (New England Realty Associates Limited Partnership)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in Dollars and in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Armor Holdings Inc)

Repayment of Participations. (i) At any time after an Issuing Bank L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b2.04(c), if the Administrative Agent receives for the account of such Issuing Bank L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Baker Hughes Inc)

Repayment of Participations. (i) At any time after an Issuing Bank the L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such Bank’s Lender's L/C Advance in respect of such payment in accordance with Section 2.20(b2.04(c), if the Administrative Agent receives for the account of such Issuing Bank the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Bank Lender its Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Bank’s Lender's L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Line of Credit Loan Agreement (Bre Properties Inc /Md/)

Repayment of Participations. (i1) At any time after an the Issuing Bank has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b)this Paragraph 3, if the Administrative Agent receives for the account of such the Issuing Bank any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the applicable Borrower or otherwise, including the proceeds of Cash Collateral, if any, Collateral applied thereto by the Administrative Agent), the Administrative Agent will promptly distribute to such Bank Lender its Pro Rata Percentage Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (American Vanguard Corp)

Repayment of Participations. (i) At any time after an Issuing Bank L/C Issuer has made a payment under any Letter of Credit and has received from any Bank Lender such BankLender’s L/C Advance in respect of such payment in accordance with Section 2.20(b2.03(c), if the Administrative Paying Agent receives for the account of such Issuing Bank L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including the proceeds of Cash Collateral, if any, cash collateral applied thereto by the Administrative Paying Agent), the Administrative Paying Agent will distribute to such Bank Lender its Pro Rata Share pro rata share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such BankLender’s L/C Advance was outstanding) in Dollars and in the same funds as those received by the Administrative Paying Agent.

Appears in 1 contract

Samples: Assignment and Assumption (Tyco International LTD /Ber/)

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