Common use of Participations of Banks Clause in Contracts

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.

Appears in 9 contracts

Samples: Revolving Credit Agreement (Anacomp Inc), Revolving Credit Agreement (Cabot Microelectronics Corp), Revolving Credit Agreement (Stride Rite Corp)

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Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2.

Appears in 8 contracts

Samples: Revolving Credit and Term Loan Agreement (Western Digital Corp), Revolving Credit and Term Loan Agreement (Bangor Hydro Electric Co), Revolving Credit Agreement (Aztec Technology Partners Inc /De/)

Participations of Banks. Each such payment made by a Bank ----------------------- shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 (S)5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2(S)5.2.

Appears in 7 contracts

Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit (Chart House Enterprises Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 ss.4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2ss.4.2.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Hadco Acquisition Corp Ii), Revolving Credit Agreement (Appnet Systems Inc), Revolving Credit Agreement (Hadco Corp)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the applicable Borrower's Reimbursement Obligation under Section 4.2 ss.4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2ss.4.2.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 ss.5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2ss.5.2.

Appears in 4 contracts

Samples: Credit and Term Loan Agreement (Hvide Marine Inc), Revolving Credit and Term Loan Agreement (Marcam Corp), Revolving Credit and Term Loan Agreement (Mapics Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's ’s Reimbursement Obligation under Section §4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section §4.2.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Digitas Inc), Revolving Credit (Weider Nutrition International Inc), Revolving Credit Agreement (Anacomp Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 (S)4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2(S)4.2.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Ameriking Inc), Revolving Credit Agreement (Varian Semiconductor Equipment Associates Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Perkins Finance Corp), Revolving Credit Agreement (Restaurant Co)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 sec.5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2sec.5.2.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Dynatech Corp), Revolving Credit and Term Loan Agreement (Filenes Basement Corp)

Participations of Banks. Each such payment made by a Bank ----------------------- shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 (S)4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2(S)4.2.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Ameriking Inc), Revolving Credit Agreement (California Steel Industries Inc)

Participations of Banks. Each such payment made by a Bank in respect of a Letter of Credit Participation shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 (S)3.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2(S)3.2.

Appears in 2 contracts

Samples: Credit Agreement (Trico Marine Services Inc), Revolving Credit Agreement (Trico Marine Services Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 5.2 below in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2.

Appears in 2 contracts

Samples: Term Loan Agreement (Emmis Communications Corp), Revolving Credit (Emmis Communications Corp)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2. 4.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Rollins Truck Leasing Corp)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the BorrowerCompany's Reimbursement Obligation under Section 4.2 2.2.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.22.2.2.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Picturetel Corp)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section §4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section §4.2.

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Rogers Corp)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 5.2 below in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2. 5.2.

Appears in 1 contract

Samples: Revolving Credit (Emmis Broadcasting Corporation)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 §5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2§5.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Anacomp Inc)

Participations of Banks. Each such payment made by a Bank shall be -------------- -- ----- treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 section 2A.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2section 2A.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Telephone & Data Systems Inc /De/)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Borrowers' Reimbursement Obligation under Section 4.2 hereof in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.24.2 hereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Terex Corp)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the applicable Borrower's Reimbursement Obligation under Section 4.2 5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Flextronics International LTD)

Participations of Banks. Each such payment made by a Bank shall ----------------------- be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 (S)5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2(S)5.2.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Mapics Inc)

Participations of Banks. Each such payment made by a Bank shall ----------------------- be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 (S)7.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2(S)7.2.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Petro Stopping Centers L P)

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Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hbo & Co)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 3.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.23.2.

Appears in 1 contract

Samples: Credit and Gold Consignment Agreement (Whitehall Jewellers Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 [SECTION] 2A.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2[SECTION] 2A.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Bradley Real Estate Inc)

Participations of Banks. Each such payment made by a Bank shall -------------- -- ----- be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 (S)4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2(S)4.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ameriking Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 in an amount equal to such 34 -28- payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cabot Corp)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Borrowers' Reimbursement Obligation under Section 4.2 2B.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.22B.2.

Appears in 1 contract

Samples: Multicurrency Revolving Credit and Term Loan Agreement (Dynatech Corp)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Arrow Automotive Industries Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Borrowers' Reimbursement Obligation under Section 4.2 5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Dave & Busters Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Borrowers' Reimbursement Obligation under Section 4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Restaurant Group Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 ss.5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.Each

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Western Digital Corp)

Participations of Banks. Each such payment made by a Bank ----------------------- shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 (S)5.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.amount

Appears in 1 contract

Samples: Credit Agreement (Jackson Products Inc)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank Bank, to the extent of such Bank's Commitment Percentage, of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alliance Capital Management Lp)

Participations of Banks. Each such payment made by a Bank shall be treated as the purchase by such Bank of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 (S)4.2 hereof in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2(S)4.2 hereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Jordan Telecommunication Products Inc)

Participations of Banks. Each such payment made by a Bank shall -------------- -- ----- be treated as the purchase by such Bank of a participating interest in the BorrowerCompany's Reimbursement Obligation under Section 4.2 (S)2A.2 in an amount equal to such payment. Each Bank shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2(S)2A.2.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Sterling Commerce Inc)

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