Equalization. If any Lender receives any payment or makes any application on account of its Letter of Credit Participating Interest, such Lender shall forthwith pay over to the Issuing Bank, in Dollars and in like kind of funds received or applied by it the amount in excess of such Lender's ratable share of the amount so received or applied.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Weis Markets Inc), Agreement (Primark Corp), Credit Agreement (Primark Corp)
Equalization. If any Lender receives any payment or makes any application on account of its Letter of Credit Participating Interest, such Lender shall forthwith pay over to the Issuing Bank, in Dollars and in like kind of funds received or applied by it the amount in excess of such Lender's ratable ’s Pro Rata share of the amount so received or applied.
Appears in 3 contracts
Samples: Credit Agreement (Black Box Corp), Credit Agreement (Norstan Inc), Credit Agreement (Black Box Corp)
Equalization. If any Lender receives any payment or makes any application on account of its Letter of Credit Participating Interest, such Lender shall forthwith pay over to the Issuing Bank, in Dollars and in like kind of funds received or applied by it the amount in excess of such Lender's ratable Pro Rata share of the amount so received or applied.
Appears in 2 contracts
Samples: Credit Agreement (Black Box Corp), Credit Agreement (Black Box Corp)
Equalization. If any Lender receives any payment or makes any ------------ application on account of its Letter of Credit Participating Interest, such Lender shall forthwith pay over to the Agent for the account of the Issuing BankBanks, in Dollars and in like kind of funds received or applied by it the amount in excess of such LenderXxxxxx's ratable share of the amount so received or applied.
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Equalization. If any Lender receives any payment or makes any application on account of its Letter of Credit Participating Interest, such Lender shall forthwith pay over to the applicable Issuing Bank, in Dollars and in like kind of funds received or applied by it the amount in excess of such Lender's ratable Pro Rata share of the amount so received or applied.
Appears in 1 contract
