Common use of Participating Interests Clause in Contracts

Participating Interests. Effective in the case of each Letter of Credit opened by the Issuing Lender as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Lender, and each Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application, an L/C Participating Interest in a percentage equal to such Lender's Revolving Credit Commitment Percentage.

Participating Interests. Effective in the case of each Letter of Credit opened by the Issuing Lender as of the date of the opening thereofissuance of each Letter of Credit, the Issuing Lender agrees to allot allot, and does allot, to itself and each other Lender, and each such Lender severally and irrevocably agrees to take and does take take, a Participating Interest in such Letter of Credit and the related L/C Application, an L/C Participating Interest Letter of Credit Application in a percentage equal to such Lender's Revolving Credit Commitment Percentage.Revolving

Participating Interests. Effective in the case of each Letter of Credit opened by the Issuing Lender as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Lender, and each Revolving Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application, an L/C Participating Interest in a percentage equal to such Revolving Lender's Revolving Credit Commitment Percentage.

Participating Interests. Effective in the case of each Letter of Credit opened by the Issuing Lender as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Lender, and each Revolving Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application, an L/C Participating Interest in a percentage equal to such Revolving Lender's ’s Revolving Credit Commitment Percentage.

Participating Interests. Effective in the case of each Letter of Credit opened by the Issuing Lender as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Lender, and each Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application, an L/C Participating Interest in a percentage equal to such LenderXxxxxx's Revolving Credit Commitment Percentage.

Participating Interests. Effective in the case of each Letter of Credit opened by the Issuing Lender as of the date of the opening thereof, the each Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C ApplicationCredit, an L/C Participating Interest in a percentage equal to such Lender's ’s Revolving Credit Commitment PercentagePercentage of the aggregate amount available to be drawn under such Letter of Credit.