Common use of Payments Pro Rata Clause in Contracts

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 45 contracts

Samples: Credit Agreement (Norwegian Cruise Line Holdings Ltd.), Supplemental Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.)

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Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) Banks pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 6 contracts

Samples: Credit Agreement (Wells Aluminum Corp), Securities Pledge Agreement (Carson Inc), Revolving Credit Agreement (Urohealth Systems Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 6 contracts

Samples: Credit Agreement (H-R Window Supply Inc), Credit Agreement (Atc Group Services Inc /De/), Credit Agreement (Tracor Inc /De)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 6 contracts

Samples: Credit Agreement (Pine Holdings Inc), Credit Agreement (Labtec Inc /Ma), Credit Agreement (Therma Wave Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 5 contracts

Samples: Credit Agreement (Workflow Management Inc), Loan Agreement (Grey Wolf Inc), Credit Agreement (Workflow Management Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after ----------------- its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata --- ---- --- ---- based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 5 contracts

Samples: Credit Agreement (U S a Floral Products Inc), Credit Agreement (Wesley Jessen Visioncare Inc), Credit Agreement (Wesley Jessen Holding Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) Banks pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 5 contracts

Samples: Credit Agreement (Video Update Inc), Credit Agreement (Reckson Services Industries Inc), Credit Agreement (Moovies Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its ----------------- receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based --- ---- --- ---- upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 4 contracts

Samples: Credit Agreement (Alliance Imaging of Michigan Inc), Credit Agreement (SMT Health Services Inc), Credit Agreement (Physicians Quality Care Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment of any interest or premium on or principal of the Notes from or on behalf of the Borrower in respect of Company or any Credit Document Obligations hereunderGuarantor, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective pro rata shares, if any, of the Credit Document Obligations with respect to which such payment was receivedpayment.

Appears in 3 contracts

Samples: Bridge Loan (Equinix Inc), Credit Agreement (Bio Rad Laboratories Inc), Subordinated Credit Agreement (Bio Rad Laboratories Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Collateral Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunderLoans hereunder and pursuant to the Indenture, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing expressly waived its right to waive receive its pro rata share of any such paymentthereof) pro rata based upon their respective sharesPercentages, if any, of the Credit Document Obligations Loans with respect to which such payment was received.

Appears in 3 contracts

Samples: Credit Agreement (Silver Point Specialty Lending Fund), Credit Agreement (GOLUB CAPITAL BDC, Inc.), Credit Agreement (PennantPark Floating Rate Capital Ltd.)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunderObligation (including, without limitation, any payment received pursuant to Section 2.4 or 6.4 of the Security Agreement) it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) Banks pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 3 contracts

Samples: Credit Agreement (Ace LTD), Credit Agreement (Assured Guaranty LTD), Credit Agreement (Radian Group Inc)

Payments Pro Rata. (a) Except a)Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 3 contracts

Samples: Sixth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Sixth Supplemental Agreement (NCL CORP Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Managing Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 2 contracts

Samples: Credit Agreement (Chancellor Broadcasting Co /De/), Credit Agreement (Chancellor Radio Broadcasting Co)

Payments Pro Rata. (a) Except as otherwise provided in this ----------------- Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the any Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon --- ---- --- ---- their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 2 contracts

Samples: Credit Agreement (Ikon Office Solutions Inc), Credit Agreement (Alco Standard Corp)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the any Borrower in respect of any Credit Document Secured Obligations hereunder, it the Facility Agent shall distribute such payment to the Lenders entitled thereto (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Secured Obligations with respect to which such payment was received.

Appears in 2 contracts

Samples: Facility Agreement (Toys R Us Inc), Syndicated Facility Agreement (Toys R Us Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 2 contracts

Samples: Global Assignment Agreement (Gener8 Maritime, Inc.), Global Assignment Agreement (Gener8 Maritime, Inc.)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders or the Letter of Credit Issuers, as the case may be, (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Credit Agreement (Eagle Picher Technologies LLC)

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Payments Pro Rata. (a) Except as otherwise provided in this ----------------- Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower or any Subordinated Guarantor in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata -------- based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Agreement (Physician Health Corp)

Payments Pro Rata. (ab) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunderhereunder (other than Obligations payable solely to Agent), it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share Percentage of any such payment) pro rata --- ---- based upon their respective sharesPercentages, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Term Loan Agreement (Autotote Corp)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Administrative and Collateral Agent agrees that promptly after its receipt of each payment from or on behalf of the any Borrower in respect of any Credit Document Obligations hereunderunder this Agreement, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) Banks pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Credit Agreement (Apria Healthcare Group Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it the Agent shall distribute such payment to the Lenders entitled thereto (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Credit Agreement (Trico Marine Services Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Paying Agent agrees that promptly after its receipt of each payment from or on behalf of the any Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders (other than any Lender that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Credit Agreement (Starwood Lodging Corp)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their its respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Credit Agreement (Florsheim Shoe Co /De/)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility The Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunderObligations, it shall shall, except as otherwise provided in this Agreement, distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Credit Agreement (Grand Union Co /De/)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower any Credit Party in respect of any Obligations of such Credit Document Obligations hereunderParty, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Credit Agreement (Jordan Industries Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower Borrowers in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective shares, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Credit Agreement (Neodata Services Inc)

Payments Pro Rata. (a) Except as otherwise provided in this Agreement, the Facility Agent agrees that promptly after its receipt of each payment from or on behalf of the Borrower in respect of any Credit Document Obligations hereunder, it shall distribute such payment to the Lenders Banks (other than any Lender Bank that has consented in writing to waive its pro rata share of any such payment) pro rata based upon their respective sharespercentages, if any, of the Credit Document Obligations with respect to which such payment was received.

Appears in 1 contract

Samples: Credit Agreement (Universal Compression Holdings Inc)

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