Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 33 contracts
Samples: Agreement (Preem Holdings Ab Publ), Agreement (Telesystem International Wireless Inc), Amendment and Restatement Agreement (Smurfit Kappa Funding PLC)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.
Appears in 23 contracts
Samples: Credit Agreement (MGM Resorts International), Facility Agreement (TTM Technologies Inc), Agreement (PPG Industries Inc)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, other than the recovering Lender, Lenders accordingly.
Appears in 9 contracts
Samples: Supplemental Agreement (Enodis PLC), Agreement (Smith & Nephew PLC), Agreement (Smith & Nephew PLC)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.
Appears in 8 contracts
Samples: Agreement (United States Steel Corp), Agreement (United States Steel Corp), Credit Facility Agreement (MGM Resorts International)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 7 contracts
Samples: Western Power Distribution (PPL Corp), Agreement (PPL Corp), Bridge Facilities Agreement (Bayer Aktiengesellschaft)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Owner under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.
Appears in 7 contracts
Samples: Agreement (Ocean Rig UDW Inc.), Agreement (DryShips Inc.), Agreement (DryShips Inc.)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Borrower under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 7 contracts
Samples: Agreement (PPL Corp), Agreement (Seaspan CORP), Credit Agreement (Seaspan CORP)
Effect of redistribution. (a) 33.2.1 The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 3 contracts
Samples: Amendment and Restatement Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Agreement (PPL Energy Supply LLC)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Borrower under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 3 contracts
Samples: Agreement (Danaos Corp), Agreement (Global Ship Lease, Inc.), Agreement (Vivendi Universal)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, Lenders (other than the recovering Lender, ) accordingly.
Appears in 2 contracts
Samples: Agreement (Centex Development Co Lp), Agreement (Centex Corp)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, Finance Parties (other than the recovering Lender, accordinglyFinance Party) in accordance with clause 17.7 (Partial payments).
Appears in 2 contracts
Samples: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc)
Effect of redistribution. (a) 30.2.1 The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 1 contract
Samples: PPL Energy Supply LLC
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company or the Parent (as the case may be) under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 1 contract
Samples: Facility Agreement (EnerSys)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Relevant Obligor under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.
Appears in 1 contract
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Borrowers under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 1 contract
Samples: Agreement (Seaspan CORP)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the Lenders, other than the recovering Lender, Lenders accordingly.
Appears in 1 contract
Samples: United States Steel Corp
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the Lenders, other than the recovering Lender, Lenders accordingly.
Appears in 1 contract
Samples: Bridge Loan Agreement (Enodis PLC)
Effect of redistribution. (a) 33.2.1 The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 1 contract
Samples: Facilities Agreement (Royal Ahold)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Owner under this Agreement and distribute it among the LendersFinance Parties, other than the recovering LenderFinance Party, accordingly.. 119
Appears in 1 contract
Samples: Agreement (Ocean Rig UDW Inc.)
Effect of redistribution. (a) The Facility Agent must treat a redistribution as if it were a payment by the relevant Obligor Company under this Agreement and distribute it among the LendersFinance Parties, other than the recovering Lender, Finance Party accordingly.
Appears in 1 contract
Effect of redistribution. (a) The Facility Agent must shall treat a redistribution as if it were a payment by the relevant Obligor under this Agreement and distribute it among the Lenders, other than the recovering Lender, accordingly.
Appears in 1 contract
