Common use of Participations of Lenders Clause in Contracts

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in GWI’s Reimbursement Obligation under §5.3 in an amount equal to such payment. Each Applicable Lender shall share in accordance with its participating interest in any interest which accrues pursuant to §5.3.

Appears in 6 contracts

Samples: Revolving Credit and Term Loan Agreement (Genesee & Wyoming Inc), Syndicated Facility Agreement (Genesee & Wyoming Inc), Senior Secured Syndicated Facility Agreement (Genesee & Wyoming Inc)

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Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in GWI’s the Borrowers’ Reimbursement Obligation under §5.3 5.2 in an amount equal to such payment. Each Applicable Lender shall share in accordance with its participating interest in any interest which accrues pursuant to §5.35.2.

Appears in 5 contracts

Samples: Possession Credit Agreement (Real Mex Restaurants, Inc.), Credit Agreement (Vermont Pure Holdings LTD/De), Revolving Credit Agreement (McCormick & Schmicks Seafood Restaurants Inc.)

Participations of Lenders. Each such payment made by a Lender pursuant to §5.4 above shall be treated as the purchase by such Lender of a participating interest in GWI’s the Borrowers' Reimbursement Obligation under §5.3 5.6 in an amount equal to such payment. Each Applicable Lender shall share in accordance with its participating interest in any interest which accrues pursuant to §5.35.6.

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc), Credit Agreement (Sovran Acquisition LTD Partnership), Credit Agreement (Sovran Self Storage Inc)

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Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in GWIthe Domestic Borrower’s Reimbursement Obligation under §5.3 § 5.2 in an amount equal to such payment. Each Applicable Lender shall share in accordance with its participating interest in any interest which accrues pursuant to §5.3§ 5.2.

Appears in 2 contracts

Samples: Revolving Credit Agreement (McCormick & Schmicks Seafood Restaurants Inc.), Revolving Credit Agreement (McCormick & Schmicks Seafood Restaurants Inc.)

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