Common use of Agent Reliance Clause in Contracts

Agent Reliance. Unless the Administrative Agent shall have received notice from a Lender before the date of any Borrowing that such Lender will not make available to the Administrative Agent such Lender's Pro Rata Share of such Borrowing, the Administrative Agent may assume that such Lender has made its Pro Rata Share of such Borrowing available to the Administrative Agent on the date of such Borrowing in accordance with paragraph (a) of this Section 2.02, and the Administrative Agent may, in reliance upon such assumption, make available to the Borrower on such date a corresponding amount. If and to the extent that such Lender shall not have so made its Pro Rata Share of such Borrowing available to the Administrative Agent, such Lender and the Borrower severally agree to immediately repay to the Administrative Agent on demand such corresponding amount, together with interest on such amount, for each day from the date such amount is made available to the Borrower until the date such amount is repaid to the Administrative Agent at (i) in the case of the Borrower, the interest rate applicable on such day to Advances comprising such Borrowing and (ii) in the case of such Lender, the Federal Funds Rate for such day. If such Lender shall repay to the Administrative Agent such corresponding amount and interest as provided above, such corresponding amount so repaid shall constitute such Lender's Advance as part of such Borrowing for purposes of this Agreement even though not made on the same day as the other Advances comprising such Borrowing.

Agent Reliance. Unless the US Administrative Agent shall have received notice from a Lender before the date of any Borrowing of the proceeds of the Loan that such Lender will not make available to the Applicable Administrative Agent such Lender's Pro Rata ’s Percentage Share of such Borrowingadvance, the such Applicable Administrative Agent may assume that such Lender has made its Pro Rata Percentage Share of such Borrowing available to the such Applicable Administrative Agent on the date of such Borrowing in accordance with paragraph (aSection 2.02(c) of this Section 2.02, and the such Applicable Administrative Agent may, in reliance upon such assumption, make available to the Applicable Borrower on such date a corresponding amount. If and to the extent that such Lender shall not have so made its Pro Rata Percentage Share of such Borrowing available to the such Applicable Administrative Agent, such Lender and the Borrower severally agree agrees to immediately repay pay to the such Applicable Administrative Agent on demand such corresponding amount, together with interest on such amount, for each day from the date such amount is made available to the Applicable Borrower until the date such amount is repaid paid to the Applicable Administrative Agent Agent, at (i) in the case of the Borrower, the interest rate applicable on such day to Advances comprising such Borrowing and (ii) in the case of such Lender, the overnight Federal Funds Rate for such dayRate. If such Lender shall repay pay to the Applicable Administrative Agent such corresponding amount and interest as provided above, such corresponding amount so repaid paid shall constitute such Lender's Advance ’s advance as part of such Borrowing for purposes of this Agreement even though not made on the same day as the other Advances advances comprising such Borrowing.

Agent Reliance. Unless Except with respect to Swingline Loans made pursuant to Section 2.01(a)(iv), unless the US Administrative Agent shall have received notice from a Lender before the date of any Borrowing of the proceeds of the Loan that such Lender will not make available to the Applicable Administrative Agent such Lender's Pro Rata ’s Percentage Share of such Borrowingadvance, the such Applicable Administrative Agent may assume that such Lender has made its Pro Rata Percentage Share of such Borrowing available to the such Applicable Administrative Agent on the date of such Borrowing in accordance with paragraph (aSection 2.02(c) of this Section 2.02, and the such Applicable Administrative Agent may, in reliance upon such assumption, make available to the Applicable Borrower on such date a corresponding amount. If and to the extent that such Lender shall not have so made its Pro Rata Percentage Share of such Borrowing available to the such Applicable Administrative Agent, such Lender and the Borrower severally agree agrees to immediately repay pay to the such Applicable Administrative Agent on demand such corresponding amount, together with interest on such amount, for each day from the date such amount is made available to the Applicable Borrower until the date such amount is repaid paid to the Applicable Administrative Agent Agent, at (i) in the case of the Borrower, the interest rate applicable on such day to Advances comprising such Borrowing and (ii) in the case of such Lender, the overnight Federal Funds Rate for such dayRate. If such Lender shall repay pay to the Applicable Administrative Agent such corresponding amount and interest as provided above, such corresponding amount so repaid paid shall constitute such Lender's Advance ’s advance as part of such Borrowing for purposes of this Agreement even though not made on the same day as the other Advances advances comprising such Borrowing.