Apportionment of Payments and Prepayments. (i) All payments and prepayments of principal and interest in respect of outstanding Loans and all payments of fees and all other payments in respect of any other Agreement Obligations, shall be allocated among the Issuing Bank and such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein. Subject to the provisions of Section 2.07(b)(ii), all such payments and prepayments and any other amounts received by the Agent from or for the benefit of the Borrower shall be applied first, to pay principal of and interest on any portion of the Loans which the Agent may have advanced on behalf of any Lender for which the Agent has not then been reimbursed by such Lender or the Borrower, second, to pay principal of and interest on any advance made under Section 11.18 for which the Agent has not then been paid by the Borrower or reimbursed by the Lenders, third, to pay all other Agreement Obligations (other than as those referred to in clauses fourth and fifth) then due and payable, fourth, to pay interest in respect of the Revolving Loans and unreimbursed LC Disbursements then due and payable, and fifth, to pay the principal of the Revolving Loans and unreimbursed LC Disbursements. All principal payments and prepayments in respect of Loans shall be applied first, to the Eurodollar Rate Loans maturing on the date of such payment, second, to repay outstanding Base Rate Loans, and then to repay outstanding Eurodollar Rate Loans with those Eurodollar Rate Loans which have earlier expiring Interest Periods being repaid prior to those which have later expiring Interest Periods.
Apportionment of Payments and Prepayments. Unless a Lender shall be in default of its obligations to advance any Revolving Loan or reimburse the Agent as provided herein, all payments and prepayments of principal and interest in respect of outstanding Revolving Loans and all payments of fees (other than any fees payable pursuant to the Administrative Fee Letter) and all other payments in respect of any other Obligations (other than with respect to the Swing Line Loans) shall be allocated among (and paid over as soon as reasonably practicable after receipt thereof to) such of the Lenders as are entitled thereto in proportion to their respective Pro Rata Share. All payments and prepayments of principal and interest and other amounts in respect of the Swing Line Loans that have not been converted to Revolving Loans shall be allocated to the Swing Line Lender, and all fees payable pursuant to the Administrative Fee Letter shall be allocated only to the Agent.
Apportionment of Payments and Prepayments. Unless a Lender shall be in default of its obligations to advance any Revolving Loan or reimburse the Agent as provided herein, all payments and prepayments of principal and interest in respect of outstanding Revolving Loans and all payments of fees (other than the Administrative Fee and Fronting Fee) and all other payments in respect of any other Obligations (other than with respect to Swing Line Loans) shall be allocated among (and paid over promptly after receipt thereof to) such of the Lenders as are entitled thereto in proportion to their respective Pro Rata Share. All payments and prepayments of principal and interest and other amounts in respect of the Swing Line Loans that have not been converted to Revolving Loans and of the Administrative Fee and Fronting Fee shall be allocated only to the Swing Line Lender.
Apportionment of Payments and Prepayments. All payments and prepayments of principal and interest in respect of outstanding Revolving Loans or reimbursement obligations arising from Drawings and all payments of fees (other than the Administrative Fee and Fronting Fee), each reduction of the Commitments and all other payments in respect of any other Obligations (other than with respect to Swing Line Loans) shall be allocated among (and paid over promptly after receipt thereof to) the Lenders in proportion to their respective Pro Rata Share. All payments and prepayments of principal and interest and other amounts in respect of the Swing Line Loans that have not been converted to Revolving Loans shall be allocated only to the Swing Line Lender. The Administrative Fee shall be allocated only to the Agent and the Fronting Fee shall be allocated only to the Issuing Lender.
