Common use of Payments Pro Rata Clause in Contracts

Payments Pro Rata. (a) The Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of Borrower or any Subsidiary in respect of any Obligations of Borrower or any Subsidiary hereunder, if it shall distribute such payment to the Banks (other than any Bank that has expressly waived its right to receive its pro rata share thereof) pro rata based upon their respective shares, if any, of the Obligations with respect to which such payment was received.

Payments Pro Rata. (a) The Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of Borrower or any Subsidiary Credit Party in respect of any Obligations of Borrower or any Subsidiary hereundersuch Credit Party, if it shall distribute such payment to the Banks (other than any Bank that has expressly waived its right to receive its pro rata share thereof) pro rata based upon their respective shares, if any, of the Obligations with respect to which such payment was receivedreceived and in accordance with the provisions hereof as to the application of prepayments.

Payments Pro Rata. (a) The Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower or any Subsidiary in respect of any Obligations of Borrower or any Subsidiary hereunder, if it shall distribute such payment to the Banks (other than any Bank that has expressly waived its right to receive its pro rata share thereof) pro rata PRO RATA based upon their respective shares, if any, of the Obligations with respect to which such payment was received.

Payments Pro Rata. (a) The Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of Borrower or any Subsidiary Credit Party in respect of any Obligations of Borrower or any Subsidiary such Credit Party hereunder, if it shall distribute such payment to the Banks (other than any Bank that has expressly waived its right to receive its pro rata PRO RATA share thereof) pro rata PRO RATA based upon their respective shares, if any, of the Obligations with respect to which such payment was received.

Payments Pro Rata. (a) The Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of Borrower or any Subsidiary Credit Party in respect of any Obligations of Borrower or any Subsidiary such Credit Party hereunder, if it shall distribute such payment to the Banks Lenders (other than any Bank Lender that has expressly waived its right to receive its pro rata share thereof) pro rata PRO RATA based upon their respective shares, if any, of the Obligations with respect to which such payment was received.

Payments Pro Rata. (a) The Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of Borrower or any Subsidiary in respect of any Obligations of Borrower or any Subsidiary hereunder, if it shall distribute such payment to the Banks (other than any Bank that has expressly waived its right to receive its pro rata share thereof) pro rata based upon their respective shares, if any, of the Obligations with respect to which such payment was received.

Payments Pro Rata. (a) The Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of Borrower or any Subsidiary Credit Party in respect of any Obligations of Borrower or any Subsidiary such Credit Party hereunder, if it shall distribute such payment to the Banks Lenders (other than any Bank Lender that has expressly waived its right to receive its pro rata share thereof) pro rata based upon their respective ratable shares, if any, of the Obligations with respect to which such payment was received.

Payments Pro Rata. (a) The Except as otherwise provided in this Agreement, the Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of Borrower or any Subsidiary Credit Party in respect of any Obligations of Borrower or any Subsidiary hereundersuch Credit Party, if it shall distribute such payment to the Banks (other than any Bank that has expressly waived consented in writing to waive its right to receive its pro rata PRO RATA share thereofof any such payment) pro rata PRO RATA based upon their respective shares, if any, of the Obligations with respect to which such payment was received.

Payments Pro Rata. (a) The Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of Borrower or any Subsidiary Credit Party in respect of any Obligations of Borrower or any Subsidiary such Credit Party hereunder, if it shall distribute such payment to the Banks Lenders (other than any Bank Lender that has expressly waived its right to receive its pro rata share thereof) pro rata PRO RATA -109- based upon their respective shares, if any, of the Obligations with respect to which such payment was received.

Payments Pro Rata. (a) The Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of Borrower or any Subsidiary Credit Party in respect of any Obligations of Borrower or any Subsidiary such Credit Party hereunder, if it shall distribute such payment to the Banks (other than any Bank that has expressly waived its right to receive its pro rata share thereof) pro rata PRO RATA based upon their respective shares, if any, of the Obligations with respect to which such payment was received.

Payments Pro Rata. (a) The Administrative Agent agrees that promptly after its receipt of each payment from or on behalf of Borrower or any Subsidiary Credit Party in respect of any Obligations of Borrower or any Subsidiary hereundersuch Credit Party, if it shall distribute such payment to the Banks Lenders (other than any Bank Lender that has expressly waived its right to receive its pro rata share thereof) pro rata based upon their respective shares, if any, of the Obligations with respect to which such payment was received.