Common use of Apportionment, Application and Reversal of Payments Clause in Contracts

Apportionment, Application and Reversal of Payments. Except as otherwise provided with respect to Defaulting Lenders, principal and interest payments shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations to which such payments relate held by each individual Lender) and payments of fees (other than fees designated for Agent's sole and separate account) shall, as applicable, be apportioned ratably among the Lenders having a Pro Rata Share of the type of credit facility as to which the particular fee is applicable. All payments shall be remitted to Agent and all such payments not relating to principal or interest of specific Obligations or not constituting payment of specific fees, and all proceeds of Collateral received by Agent, shall be applied as in the following order:

Apportionment, Application and Reversal of Payments. Except as otherwise provided with respect to Defaulting defaulting Lenders, aggregate principal and interest payments shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations Revolving Loans to which such payments relate held by each individual Lender) and payments of the fees (other than fees designated for the Agent's sole and separate account) shall, as applicable, be apportioned ratably among the Lenders having a Pro Rata Share of the type of credit facility as to which the particular fee is applicableLenders. All payments shall be remitted to the Agent and all such payments not relating to principal or interest of specific Obligations Revolving Loans, or not constituting payment of specific fees, and all proceeds of Accounts or other Collateral received by the Agent, shall be applied as in the following order:

Apportionment, Application and Reversal of Payments. Except as otherwise provided with respect to Defaulting Lenders, principal and interest payments shall and payments of fees (other than fees designated for the Agent's sole and separate account) shall, as applicable, be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations to which such payments relate held by each individual Lender) and payments of fees (other than fees designated for Agent's sole and separate account) shall, as applicable, be apportioned ratably among the Lenders having a Pro Rata Share of the type of credit facility as to which the particular fee is applicable). All payments shall be remitted to the Agent and all such payments not relating to principal or interest of specific Obligations or not constituting payment of specific fees, and all proceeds of Collateral received by the Agent, shall be applied as in the following order:

Apportionment, Application and Reversal of Payments. Except as otherwise provided with respect to Defaulting Lenders, principal and interest payments shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations to which such payments relate held by each individual Lender) and payments of fees (other than fees designated for Agent's sole and separate account) shall, as applicable, be apportioned ratably among the Lenders having a Pro Rata Share of the type of credit facility as to which the particular fee is applicable. All payments shall be remitted to Agent and all such payments not relating to principal or interest of specific Obligations or not constituting payment of specific fees, and all proceeds of Collateral received by Agent, shall be applied as to amounts due and owing in the following order:

Apportionment, Application and Reversal of Payments. Except as otherwise provided with respect to Defaulting Lenders, principal Principal and interest payments shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations Loans to which such payments relate held by each individual Lender) and payments of the fees (other than fees designated for Agent's sole and separate account) shall, as applicable, be apportioned ratably among the Lenders having a Pro Rata Share Lenders, except for fees payable solely to Agent and the Letter of the type of credit facility Credit Issuer and except as to which the particular fee is applicableprovided in Section 11.1(b). All payments shall be remitted to the Agent and all such payments not relating to principal or interest of specific Obligations Loans, or not constituting payment of specific fees, and all proceeds of Accounts or other Collateral received by the Agent, shall be applied as in the following order:applied, ratably, subject

Apportionment, Application and Reversal of Payments. (i) Except as otherwise provided with respect to Defaulting LendersLenders and except as otherwise expressly provided in the Loan Documents (or the Fee Split Letters), aggregate principal and interest payments shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations Advances to which such payments relate held by each individual Lender) and payments of fees (other than fees designated for an Agent's sole and separate account) shall, as applicable, be apportioned ratably among the Lenders having a Pro Rata Share of the type of credit facility as to which the particular fee is applicableLenders. All payments shall be remitted to Agent and all such payments not relating to principal or interest of specific Obligations or not constituting payment of specific fees, and all proceeds of Collateral received by Agent, Agent shall be applied as in the following orderfollows:

Apportionment, Application and Reversal of Payments. (i) Except as otherwise provided with respect to Defaulting Lenders, aggregate principal and interest payments shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations to which such payments relate held by each individual Lender) and payments of fees (other than fees designated for Agent's sole and separate account) shall, as applicable, be apportioned ratably among the Lenders having a (in accordance with their applicable Pro Rata Share of the type of credit facility as to which the particular fee is applicableShares). All payments shall be remitted to Agent and all such payments not relating to principal or interest of specific Obligations or not (other than payments constituting payment of specific fees), and all proceeds of Collateral received by Agent, shall be applied as in the following orderapplied: