Pro rata interest settlement Sample Clauses

Pro rata interest settlement. If the Agent has notified the Lenders that it is able to distribute interest payments on a “pro rata basis” to Existing Lenders and New Lenders then (in respect of any transfer pursuant to Clause 23.5 (Procedure for transfer) or any assignment pursuant to Clause 23.6 (Procedure for assignment) the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. 24.9.3If the Agent has notified the Lenders that it is able to distribute interest payments on a "pro rata basis" to Existing Lenders and New Lenders then (in respect of any transfer pursuant to Clause 24.5 (Procedure for transfer) or any assignment pursuant to Clause 24.6 (Procedure for assignment) the Transfer Date of which is after the date of such notification and is not on the last day of an Interest Period):(f)any interest or fees in respect of the relevant participation which are expressed to accrue by reference to the lapse of time shall continue to accrue in favour of the Existing Lender up to but excluding the Transfer Date ("Accrued Amounts") and shall become due and payable to the Existing Lender (without further interest accruing on them) on the last day of the current Interest Period (or, if the Interest Period is longer than three months, on the next of the dates which falls at three monthly intervals after the first day of that Interest Period); and(g)the rights assigned or transferred by the Existing Lender will not include the right to the Accrued Amounts, so that, for the avoidance of doubt:(iii)when the Accrued Amounts become payable, those Accrued Amounts will be payable to the Existing Lender; and(iv)the amount payable to the New Lender on that date will be the amount which would, but for the application of this Clause 24.9, have been payable to it on that date, but after deduction of the Accrued Amounts.24.9.4In this Clause 24.9 references to "Interest Period" shall be construed to include a reference to any other period for accrual of fees.
Pro rata interest settlement. If the Agent has notified the Lenders that it is able to distribute interest payments on a “pro rata basis” to Existing Lenders and New Lenders then (in respect of any assignment pursuant to Clause 22.2(d) (Conditions of assignment or assignment and transfer by assumption of contract (Vertragsübernahme)) or assignment and transfer by assumption of contract (Vertragsübernahme) pursuant to Clause 22.5 (Procedure for assignment and transfer by assumption of contract (Vertragsübernahme)) the Assignment Date or Transfer Date, respectively, of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. If the Agent has notified the Bank Guarantor that it is able to distribute interest payments on a “pro rata basis” to Existing Bank Guarantor and New Bank Guarantor then (in respect of any transfer pursuant to Clause 26.2(Procedure for transfer) the transfer date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. If the Company has notified the Holders that it is able to distribute interest payments on a "pro rata basis" to Existing Holders and New Holders where the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. If the Facility Agent has notified the Banks that it is able to distribute interest payments on a "pro rata basis" to Existing Banks and Bank Transferees then (in respect of any assignment pursuant to Clause 23.3 (Assignments by Banks) or transfer pursuant to Clause 23.4 (Transfers by Banks)) and the date on which the relevant assignment or transfer becomes effective, in each case, is after the date of such notification and is not on the last day of an Interest Period:
Pro rata interest settlement. If the Facility Agent has notified the Lenders that it is able to distribute interest payments on a “pro rata basis” to Existing Lenders and New Lenders then (in respect of any transfer) the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. If under the terms of the Credit Documentation in relation to the transaction the Transferor is to retain the right to receive its portion of any interest or fees accrued up to, but excluding the Transfer Effective Date, and which are expressed to accrue by reference to the lapse of time ("Accrued Amounts"), the Novated Assets will not include the Accrued Amounts. Any Accrued Amount will continue, under the Credit Documentation, to be for the account of the Transferor but will be subject to Clause 2.5 (Excluded Rights).2.42.5 Excluded Rights
Pro rata interest settlement. In respect of any assignment pursuant to clause 31.7 (Procedure available for assignment) the Transfer Date of which is not on the last day of an Interest Period:
Pro rata interest settlement. In respect of any assignment to a New Lender the Transfer Date of which is not on the last day of an Interest Period, unless otherwise agreed by the Existing Lender and the New Lender and notified to the Facility Agent in writing: