Common use of Settlement Amongst Lenders Clause in Contracts

Settlement Amongst Lenders. (a) The amount of each Lender’s Pro Rata Percentage under one or more Subfacilites of outstanding Revolving Loans (including outstanding Swingline Loans) under such Subfacility or Subfacilities shall be computed weekly (or more frequently in the Administrative Agent’s discretion) and shall be adjusted upward or downward based on all Revolving Loans (including Swingline Loans) and repayments of Revolving Loans (including Swingline Loans) under such Subfacility or Subfacilities received by the Administrative Agent as of 12:00 p.m., Local Time, on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Administrative Agent.

Settlement Amongst Lenders. (a) The amount of each Lender’s 's Pro Rata Percentage under one or more Subfacilites Subfacilities of outstanding Revolving Loans (including outstanding Swingline Loans) under such Subfacility or Subfacilities shall be computed weekly (or more frequently in the Administrative Agent’s 's discretion) and shall be adjusted upward or downward based on all Revolving Loans (including Swingline Loans) and repayments of Revolving Loans (including Swingline Loans) under such Subfacility or Subfacilities received by the Administrative Agent as of 12:00 p.m., Local Time, on the first Business Day (such date, the “"Settlement Date”") following the end of the period specified by the Administrative Agent.

Settlement Amongst Lenders. (a) The amount of each Lender’s Pro Rata Percentage under one or more Subfacilites Subfacilities of outstanding Revolving Loans (including outstanding Swingline Loans) under such Subfacility or Subfacilities shall be computed weekly (or more frequently in the Administrative Agent’s discretion) and shall be adjusted upward or downward based on all Revolving Loans (including Swingline Loans) and repayments of Revolving Loans (including Swingline Loans) under such Subfacility or Subfacilities received by the Administrative Agent as of 12:00 p.m., Local Time, on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Administrative Agent.