Common use of Allocation by Administrative Agent Clause in Contracts

Allocation by Administrative Agent. If offers are made by two or more Lenders with the same Competitive LIBOR Margins or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders as nearly as possible (in such multiples, not greater than $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers provided, however, that no Lender shall be allocated any Competitive Bid Loan which is less than the minimum amount which such Lender has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender of its receipt of a Competitive Bid Borrowing Notice and the principal amounts of the Competitive Bid Loans allocated to each participating Lender.

Allocation by Administrative Agent. If offers are made by two or more Lenders with the same Competitive LIBOR Margins Eurodollar Bid Rates or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders as nearly as possible (in such multiples, not greater than $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers offers; provided, however, that no Lender shall be allocated a portion of any Competitive Bid Loan Advance which is less than the minimum amount which such Lender has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender of its receipt of a Competitive Bid Borrowing Notice and the aggregate principal amounts amount of the such Competitive Bid Loans Advance allocated to each participating Lender.

Allocation by Administrative Agent. If offers are made by two or more Lenders with the same Competitive LIBOR Margins or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders as nearly as possible (in such multiples, not greater than $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers provided, however, that no Lender shall be allocated any Competitive Bid Loan which is less than the minimum amount which such Lender has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender of its receipt of a Competitive Bid Borrowing Notice Request and the principal amounts of the Competitive Bid Loans allocated to each participating Lender.

Allocation by Administrative Agent. If offers are made by two or more Lenders with the same Competitive LIBOR Margins or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders as nearly as possible (in such multiples, not greater than $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers providedPROVIDED, however, that no Lender shall be allocated any Competitive Bid Loan which is less than the minimum amount which such Lender has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender of its receipt of a Competitive Bid Borrowing Notice and the principal amounts of the Competitive Bid Loans allocated to each participating Lender.

Allocation by Administrative Agent. If offers are made by two or more Lenders with the same Competitive LIBOR Margins Eurodollar Bid Rates or Absolute Bid Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders as nearly as possible (in such multiples, not greater than $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers offers; provided, however, that no Lender shall be allocated a portion of any Competitive Bid Loan which is less than the minimum amount which such Lender has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender of its receipt of a Competitive Bid Borrowing Notice and the aggregate principal amounts amount of the such Competitive Bid Loans Loan allocated to each participating Lender.

Allocation by Administrative Agent. If offers are made by two or more Lenders with the same Competitive LIBOR Margins Eurocurrency Bid Rates or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders as nearly as possible (in such multiples, not greater than $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers provided, however, that no Lender shall be allocated a portion of any Competitive Bid Loan Advance which is less than the minimum amount which such Lender has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender of its receipt of a Competitive Bid Borrowing Notice and the aggregate principal amounts amount of the such Competitive Bid Loans Advance allocated to each participating Lender.

Allocation by Administrative Agent. If offers are made by two or more Lenders with the same Competitive LIBOR Bid Margins or Absolute Rates, as the case may be, same fixed interest rate for a greater aggregate principal amount than the amount in respect of which offers are permitted to be accepted for the related Interest PeriodPeriod or term, as the case may be, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders as nearly as possible (in such multiples, not greater than $1,000,000, multiples as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers offers; provided, however, that Administrative Agent shall endeavor to allocate each Competitive Bid Advance so that no Lender shall be allocated a portion of any Competitive Bid Loan Advance which is less than the minimum amount which such Lender has indicated that it is willing to accept$5,000,000. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender of its receipt of a Competitive Bid Borrowing Acceptance Notice and the aggregate principal amounts amount of the each Competitive Bid Loans Advance allocated to each that participating Lender.

Allocation by Administrative Agent. If offers are made by two or more Lenders with the same Competitive LIBOR Margins or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders as nearly as possible (in such multiples, not greater than $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers provided, however, that no Lender shall be allocated any Competitive Bid Loan which is less than the minimum amount which such Lender has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Banking Day, notify each Lender of its receipt of a Competitive Bid Borrowing Notice and the principal amounts of the Competitive Bid Loans allocated to each participating Lender.

Allocation by Administrative Agent. If offers are made by two or more Lenders Banks with the same Competitive LIBOR Margins Eurodollar Bid Rates or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders Banks as nearly as possible (in such multiples, not greater less than $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers offers; provided, however, that no Lender Bank shall be allocated a portion of any Competitive Bid Loan Advance which is less than the minimum amount which such Lender Bank has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender Bank of its receipt of a Competitive Bid Borrowing Notice and the aggregate principal amounts amount of the such Competitive Bid Loans Advance allocated to each participating LenderBank.

Allocation by Administrative Agent. If offers are made by two or more Lenders Banks with the same Competitive LIBOR Bid Margins or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders Banks as nearly as possible (in such multiples, not greater than $1,000,000500,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers offers; provided, however, that no Lender Bank shall be allocated a portion of any Competitive Bid Loan which Advance that is less than the minimum amount which that such Lender Bank has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business DayDay in the case of Eurodollar Bid Rate Advances and by 11:00 a.m. (Chicago time) in the case of Absolute Rate Advances, notify each Lender Bank of its receipt of a Competitive Bid Borrowing Notice and the aggregate principal amounts amount of the such Competitive Bid Loans Advance allocated to each participating LenderBank.

Allocation by Administrative Agent. If offers are made by two or more Lenders with the same Competitive LIBOR Margins or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders as nearly as possible (in such multiples, not greater than $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers provided, however, that no Lender shall be allocated any Competitive Bid Loan which is less than the minimum amount which such Lender has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender of its receipt of a Competitive Bid Borrowing Notice and Notice, the principal amounts of the Competitive Bid Loans allocated to each participating LenderLender and the interest rates applicable to such Competitive Bid Loans.

Allocation by Administrative Agent. If offers are made by two or more Revolving Lenders with the same Competitive LIBOR Bid Margins or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are permitted to be accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Revolving Lenders as nearly as possible (in such multiples, not greater than $1,000,000, multiples as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers offers; provided, however, that no Revolving Lender shall be allocated a portion of any Competitive Bid Loan Advance which is less than the minimum amount which such Revolving Lender has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Revolving Lender of its receipt of a Competitive Bid Borrowing Acceptance Notice and the aggregate principal amounts amount of the each Competitive Bid Loans Advance allocated to each participating Revolving Lender.. (h)

Allocation by Administrative Agent. If offers are made by two or more Lenders with the same Competitive LIBOR Bid Margins or Absolute Rates, as the case may be, same fixed interest rate for a greater aggregate principal amount than the amount in respect of which offers are permitted to be accepted for the related Interest PeriodPeriod or term, as the case may be, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders as nearly as possible (in such multiples, not greater than $1,000,000, multiples as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers providedoffers; PROVIDED, howeverHOWEVER, that Administrative Agent shall endeavor to allocate each Competitive Bid Advance so that no Lender shall be allocated a portion of any Competitive Bid Loan Advance which is less than the minimum amount which such Lender has indicated that it is willing to accept$5,000,000. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender of its receipt of a Competitive Bid Borrowing Acceptance Notice and the aggregate principal amounts amount of the each Competitive Bid Loans Advance allocated to each that participating Lender.

Allocation by Administrative Agent. If offers are made by two or more Revolving Lenders with the same Competitive LIBOR Bid Margins or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are permitted to be accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Revolving Lenders as nearly as possible (in such multiples, not greater than $1,000,000, multiples as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers offers; provided, however, that no Revolving Lender shall be allocated a portion of any Competitive Bid Loan Advance which is less than the minimum amount which such Revolving Lender has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Revolving Lender of its receipt of a Competitive Bid Borrowing Acceptance Notice and the aggregate principal amounts amount of the each Competitive Bid Loans Advance allocated to each participating Revolving Lender.

Allocation by Administrative Agent. If offers are made by __________________________________ two or more Lenders Banks with the same Competitive LIBOR Margins Eurodollar Bid Rates or Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive Bid Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Lenders Banks as nearly as possible (in such multiples, not greater less than $1,000,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amount of such offers offers; provided, however, that no Lender Bank shall be allocated a portion of any Competitive Bid Loan Advance which is less than the minimum amount which such Lender Bank has indicated that it is willing to accept. Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error. The Administrative Agent shall promptly, but in any event on the same Business Day, notify each Lender Bank of its receipt of a Competitive Bid Borrowing Notice and the aggregate principal amounts amount of the such Competitive Bid Loans Advance allocated to each participating LenderBank.