Common use of Other Lenders' Participation Clause in Contracts

Other Lenders' Participation. Upon the issuance of each Letter of Credit issued by the Issuer pursuant hereto, and without further action, each Lender (other than the Issuer) shall be deemed to have irrevocably purchased, to the extent of its Percentage relating to Revolving Loans, a participation interest in such Letter of Credit (including the Contingent Obligation and any Reimbursement Obligation with respect thereto), and such Lender shall, to the extent of its Percentage, be responsible for reimbursing promptly (and in any event within one (1) Business Day) the Issuer for Reimbursement Obligations which have not been reimbursed by the Borrower in accordance with Section 2.8.3. In addition, such Lender shall, to the extent of its Percentage relating to Revolving Loans, be entitled to receive a ratable portion of the Letter of Credit fees payable pursuant to Section 3.4.3 with respect to each Letter of Credit (other than the issuance and processing fees and other charges payable to the Issuer of such Letter of Credit pursuant to the last sentence of Section 3.4.3) and of interest payable pursuant to Section 3.4 with respect to any Reimbursement Obligation. To the extent that any Lender has reimbursed the Issuer for a Disbursement as required by this Section, such Lender shall be entitled to receive its ratable portion of any amounts subsequently received (from the Borrower or otherwise) in respect of such Disbursement.

Other Lenders' Participation. Upon the issuance of each Letter of Credit issued by the Issuer pursuant hereto, and without further action, each Lender (other than the such Issuer) shall be deemed to have irrevocably purchased, to the extent of its Percentage relating to Revolving make Loans, and the Issuer shall be deemed to have irrevocably granted and sold to such Lender, a participation interest in such Letter of Credit (including the Contingent Obligation Liability and any Reimbursement Obligation with respect thereto), and such Lender shall, to the extent of its PercentagePercentage to make Loans, be responsible for reimbursing promptly (and in any event within one (1) Business Day) the Issuer for Reimbursement Obligations which have not been reimbursed by the Borrower in accordance with Section 2.8.32.6.3. In addition, such Lender shall, to the extent of its Percentage relating to Revolving make Loans, be entitled to receive a ratable portion of the Letter of Credit fees payable pursuant to Section 3.4.3 3.3.3 with respect to each Letter of Credit (other than the issuance and processing fees and other charges payable to the an Issuer of such Letter of Credit pursuant to the last sentence of Section 3.4.33.3.3) and of interest payable pursuant to Section 3.4 3.2 with respect to any Reimbursement Obligation. To the extent that any Lender has reimbursed the Issuer for a Disbursement as required by this SectionDisbursement, such Lender shall be entitled to receive its ratable portion of any amounts subsequently received (from the Borrower or otherwise) in respect of such Disbursement.

Other Lenders' Participation. Upon the issuance of each Letter of Credit issued by the Issuer pursuant heretoCredit, and without further action, each Revolving Lender (other than the such Issuer) shall be deemed to have irrevocably purchased, to the extent of its Percentage relating to make Revolving Loans, a participation interest in such Letter of Credit (including the Contingent Obligation Liability and any Reimbursement Obligation with respect thereto), and such Revolving Lender shall, to the extent of its PercentagePercentage to make Revolving Loans, be responsible for reimbursing promptly (and in any event within one (1) Business Day) Day the Issuer for Reimbursement Obligations which have not been reimbursed by the Borrower in accordance with Section 2.8.32.6.3. In addition, such Revolving Lender shall, to the extent of its Percentage relating to make Revolving Loans, be entitled to receive a ratable portion of the Letter of Credit fees payable pursuant to Section 3.4.3 3.3.2 with respect to each Letter of Credit (other than the issuance and processing fees and other charges payable to the an Issuer of such Letter of Credit pursuant to the last sentence clause (ii) of Section 3.4.33.3.2) and of interest payable pursuant to Section 3.4 3.2 with respect to any Reimbursement Obligation. To the extent that any Revolving Lender has reimbursed the any Issuer for a Disbursement as required by this SectionDisbursement, such Lender shall be entitled to receive its ratable portion of any amounts subsequently received (from the Borrower or otherwise) in respect of such Disbursement.

Other Lenders' Participation. Upon the issuance of each Letter of Credit issued by the Issuer pursuant heretoCredit, and without further action, each Lender (other than the such Issuer) shall be deemed to have irrevocably purchased, to the extent of its Percentage relating to Revolving LoansPercentage, a participation interest in such Letter of Credit (including the Contingent Obligation Liability and any Reimbursement Obligation with respect thereto), and such Lender shall, to the extent of its Percentage, be responsible for reimbursing promptly (and in any event within one (1) Business Day) Day the Issuer for Reimbursement Obligations which have not been reimbursed by the Borrower Borrowers in accordance with Section 2.8.32.6.2 or which have been required to be returned or disgorged by the Issuer or the Administrative Agent. In addition, such Lender shall, to the extent of its Percentage relating to Revolving LoansPercentage, be entitled to receive a ratable portion of the Subfacility Letter of Credit fees payable pursuant to Section 3.4.3 3.3.3 with respect to each Subfacility Letter of Credit or the Standby Letter of Credit fees payable pursuant to Section 3.3.4 with respect to each Standby Letter of Credit (in each case other than the issuance and processing fees and other charges payable to the Issuer of such Letter of Credit pursuant to the last sentence of Section 3.4.3) Fronting Fee), and of interest payable pursuant to Section 3.4 3.2 with respect to any Reimbursement Obligation. To the extent that any Lender has reimbursed the any Issuer for a Disbursement as required by this SectionDisbursement, such Lender shall be entitled to receive its ratable portion of any amounts subsequently received (from the Borrower or otherwise) in respect of such Disbursement.