Common use of Payments by the Administrative Agent Clause in Contracts

Payments by the Administrative Agent. Unless specifically allocated to a specific Lender pursuant to the terms of this Agreement, all amounts received by the Administrative Agent for the account of the Lenders shall be paid by the Administrative Agent to the Lenders in accordance with their Pro Rata Shares on the Business Day such amounts were received by the Administrative Agent, unless such amounts are received after 12:00 noon, in which case the Administrative Agent shall use its reasonable efforts to pay such amounts to the applicable Lenders on such Business Day, but, in any event, shall pay such amounts to such Lenders not later than the following Business Day.

Payments by the Administrative Agent. Unless specifically allocated to a specific Lender pursuant to the terms of this AgreementLender, all amounts received by the Administrative Agent for the account on behalf of the Lenders shall be paid by the Administrative Agent to the Lenders allocated in accordance with their related Lender’s respective Pro Rata Shares Share on the Business Day such amounts were received by the Administrative Agent, unless such amounts are received after 12:00 noonnoon on such Business Day, in which case the Administrative Agent shall use its reasonable efforts to pay such amounts to the applicable Lenders each Lender on such Business Day, but, in any event, shall pay such amounts to such Lenders Lender not later than the following Business Day.

Payments by the Administrative Agent. Unless specifically allocated to a specific Lender pursuant to the terms of this AgreementLender, all amounts received by the Administrative Agent for the account on behalf of the Lenders shall be paid by the Administrative Agent to the Lenders allocated in accordance with their related Lender's respective Pro Rata Shares Share on the Business Day such amounts were received by the Administrative Agent, unless such amounts are received after 12:00 noonnoon on such Business Day, in which case the Administrative Agent shall use its reasonable efforts to pay such amounts to the applicable Lenders each Lender on such Business Day, but, in any event, shall pay such amounts to such Lenders Lender not later than the following Business Day.