Common use of Distributions to Participants Clause in Contracts

Distributions to Participants. Whenever LC Issuer has in accordance with this section received from any Revolving Credit Lender payment of such Revolving Credit Lender's Revolving Credit Percentage Share of any Matured LC Obligation, if LC Issuer thereafter receives any payment of such Matured LC Obligation or any payment of interest thereon (whether directly from Borrower or by application of LC Collateral or otherwise, and excluding only interest for any period prior to LC Issuer's demand that such Revolving Credit Lender make such payment of its Revolving Credit Percentage Share), LC Issuer will distribute to such Revolving Credit Lender its Revolving Credit Percentage Share of the amounts so received by LC Issuer; provided, however, that if any such payment received by LC Issuer must thereafter be returned by LC Issuer, such Revolving Credit Lender shall return to LC Issuer the portion thereof which LC Issuer has previously distributed to it.

Distributions to Participants. Whenever LC Issuer has in accordance with this section Section received from any Revolving Credit Lender payment of such Revolving Credit Lender's ’s Applicable Revolving Credit Percentage Share of any Matured LC Obligation, if LC Issuer thereafter receives any payment of such Matured LC Obligation or any payment of interest thereon (whether directly from the Borrower or by application of LC Collateral or otherwise, and excluding only interest for any period prior to LC Issuer's ’s demand that such Revolving Credit Lender make such payment of its Revolving Credit Percentage ShareApplicable Percentage), LC Issuer will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage Share of the amounts so received by LC Issuer; provided, however, that if any such payment received by LC Issuer must thereafter be returned by LC Issuer, such Revolving Credit Lender shall return to LC Issuer the portion thereof which LC Issuer has previously distributed to it.

Distributions to Participants. Whenever an LC Issuer has in accordance with this section received from any Revolving Credit Lender payment of such Revolving Credit Lender's Revolving Credit ’s Percentage Share of any Matured US LC Obligation or Matured Canadian LC Obligation, if such LC Issuer thereafter receives any payment of such Matured US LC Obligation or Matured Canadian LC Obligation or any payment of interest thereon (whether directly from the Borrower or by application that requested such Letter of LC Collateral Credit or otherwise, and excluding only interest for any period prior to such LC Issuer's ’s demand that such Revolving Credit Lender make such payment of its Revolving Credit Percentage Share), such LC Issuer will distribute to such Revolving Credit Lender its Revolving Credit Percentage Share of the amounts so received by such LC Issuer; provided, however, that if any such payment received by an LC Issuer must thereafter be returned by such LC Issuer, such Revolving Credit Lender shall return to such LC Issuer the portion thereof which such LC Issuer has previously distributed to it.

Distributions to Participants. Whenever LC Issuer has in accordance with this section received from any Revolving Credit Lender payment of such Revolving Credit Lender's Revolving Credit Percentage Share of any Matured LC Obligation, if LC Issuer thereafter receives any payment of such Matured LC Obligation or any payment of interest thereon (whether directly from Borrower or by application of LC Collateral or otherwise, and excluding only interest for any period prior to LC Issuer's demand that such Revolving Credit Lender make such payment of its Revolving Credit Percentage Share), LC Issuer will distribute to such Revolving Credit Lender its Revolving Credit Percentage Share of the amounts so received by LC Issuer; provided, however, that if any such payment received by LC Issuer must thereafter be returned by LC Issuer, such Revolving Credit Lender shall return to LC Issuer the portion thereof which LC Issuer has previously distributed to it.

Distributions to Participants. Whenever LC Issuer has in accordance with this section received from any Revolving Credit Revolver Lender payment of such Revolving Credit Revolver Lender's Revolving Credit Revolver Percentage Share of any Matured LC Obligation, if LC Issuer thereafter receives any payment of such Matured LC Obligation or any payment of interest thereon (whether directly from Borrower or by application of LC Collateral or otherwise, and excluding only interest for any period prior to LC Issuer's demand that such Revolving Credit Revolver Lender make such payment of its Revolving Credit Revolver Percentage Share), LC Issuer will distribute to such Revolving Credit Revolver Lender its Revolving Credit Revolver Percentage Share of the amounts so received by LC Issuer; providedPROVIDED, howeverHOWEVER, that if any such payment received by LC Issuer must thereafter be returned by LC Issuer, such Revolving Credit Revolver Lender shall return to LC Issuer the portion thereof which LC Issuer has previously distributed to it.

Distributions to Participants. Whenever LC Issuer has in accordance with this section received from any Revolving Credit Revolver Lender payment of such Revolving Credit Revolver Lender's Revolving Credit ’s Applicable Revolver Percentage Share of any Matured LC Obligation, if LC Issuer thereafter receives any payment of such Matured LC Obligation or any payment of interest thereon (whether directly from Borrower or by application of LC Collateral or otherwise, and excluding only interest for any period prior to LC Issuer's ’s demand that such Revolving Credit Revolver Lender make such payment of its Revolving Credit Percentage ShareApplicable Revolver Percentage), LC Issuer will distribute to such Revolving Credit Revolver Lender its Revolving Credit Applicable Revolver Percentage Share of the amounts so received by LC Issuer; provided, however, that if any such payment received by LC Issuer must thereafter be returned by LC Issuer, such Revolving Credit Revolver Lender shall return to LC Issuer the portion thereof which LC Issuer has previously distributed to it.

Distributions to Participants. Whenever LC Issuer has in accordance with this section received from any Revolving Credit Revolver Lender payment of such Revolving Credit Revolver Lender's Revolving Credit Revolver Percentage Share of any Matured LC Obligation, if LC Issuer thereafter receives any payment of such Matured LC Obligation or any payment of interest thereon (whether directly from Borrower or by application of LC Collateral or otherwise, and excluding only interest for any period prior to LC Issuer's demand that such Revolving Credit Revolver Lender make such payment of its Revolving Credit Revolver Percentage Share), LC Issuer will distribute to such Revolving Credit Revolver Lender its Revolving Credit Revolver Percentage Share of the amounts so received by LC Issuer; provided, however, that if any such payment received by LC Issuer must thereafter be returned by LC Issuer, such Revolving Credit Revolver Lender shall return to LC Issuer the portion thereof which LC Issuer has previously distributed to it.