Common use of Limitation on Participant Rights Clause in Contracts

Limitation on Participant Rights. A Participant shall not be entitled to receive any greater payment under Section 3.6, 3.9, 3.11 or 3.12 than the applicable Bank would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower Representative’s prior written consent, and such Participant also shall not be entitled to the benefits of Section 3.11 unless the Borrower Representative is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers, to comply with Section 3.11 as though it were a Bank.

Limitation on Participant Rights. A Participant shall not be entitled to receive any greater payment under Section 3.6, 3.9, 3.11 or 3.12 than the applicable Bank Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower Representative’s prior written consent, and such Participant also shall not be entitled to the benefits of Section 3.11 unless the Borrower Representative is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the BorrowersBorrower, to comply with Section 3.11 as though it were a BankLender.

Limitation on Participant Rights. A Participant shall not be entitled to receive any greater payment under Section 3.6, 3.9, 3.11 or 3.12 than the applicable Bank would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower Representative’s prior written consent, and such Participant also shall not be entitled except to the benefits of Section 3.11 unless extent such entitlement to receive a greater payment results from a Change in Law that occurs after the Borrower Representative is notified of Participant acquired the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers, to comply with Section 3.11 as though it were a Bank.applicable participation. (f)