Common use of Interest for Account of Swingline Lender Clause in Contracts

Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrower for interest on the Swingline Advances (provided that any failure of the Swingline Lender to provide such invoice shall not release the Borrower from its obligation to pay such interest). Until each Revolving Lender funds its Revolving Tranche A Advance or risk participation pursuant to clause (d) above, interest in respect of such Lender’s Pro Rata Share of the Swingline Advances shall be solely for the account of the Swingline Lender.

Appears in 4 contracts

Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.)

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Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrower for interest on the Swingline Advances (provided that any failure of the Swingline Lender to provide such invoice shall not release the Borrower from its obligation to pay such interest). Until each Revolving Lender funds its Revolving Tranche A Advance or risk participation pursuant to clause (d) above, interest in respect of such Lender’s Pro Rata Share of the Swingline Advances shall be solely for the account of the Swingline Lender.

Appears in 2 contracts

Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.)

Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the each Borrower for interest on the Swingline Advances Loans owing by such Borrower (provided that any failure of the Swingline Lender to provide such invoice shall not release the such Borrower from its obligation to pay such interest). Until each Revolving Lender funds its Revolving Tranche A Advance Loan or risk participation pursuant to clause (dc) above, interest in respect of such Lender’s Pro Rata Share Applicable Percentage of the Swingline Advances Loans shall be solely for the account of the Swingline Lender.

Appears in 2 contracts

Samples: Credit Agreement (Diamond Offshore Drilling, Inc.), Credit Agreement (Diamond Offshore Drilling Inc)

Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrower for interest on the Swingline Advances Loans (provided that any failure of the Swingline Lender to provide such invoice shall not release the Borrower from its obligation to pay such interest). Until each Revolving Lender funds its Revolving Tranche A Advance Loan or risk participation pursuant to clause (dc) above, interest in respect of such Lender’s Pro Rata Share Applicable Percentage of the Swingline Advances Loans shall be solely for the account of the Swingline Lender.

Appears in 1 contract

Samples: Year Revolving Credit Agreement (Diamond Offshore Drilling Inc)

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Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrower for interest on the Swingline Advances (provided that any failure of the Swingline Lender to provide such invoice shall not release the Borrower from its obligation to pay such interest). Until each Revolving Lender funds its Revolving Tranche A Advance or risk participation pursuant to clause (d) above, interest in respect of such each Lender’s Pro Rata Share 's Applicable Percentage of the Swingline Advances shall be solely for the account of the Swingline Lender.

Appears in 1 contract

Samples: Credit Agreement (Select Energy Services, Inc.)

Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrower for interest on the Swingline Advances (provided that any failure of the Swingline Lender to provide such invoice shall not release the Borrower from its obligation to pay such interest). Until each Revolving Lender funds its Revolving Tranche A Advance or risk participation pursuant to clause (d) above, interest in respect of such each Lender’s Pro Rata Share Applicable Percentage of the Swingline Advances shall be solely for the account of the Swingline Lender.

Appears in 1 contract

Samples: Credit Agreement (Select Energy Services, Inc.)

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