Common use of Pro Rata Treatment Clause in Contracts

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 8 contracts

Samples: Credit Agreement (Altice USA, Inc.), Credit Agreement (Altice USA, Inc.), Credit Agreement (CSC Holdings LLC)

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Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.13, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Facility Fees, each reduction of Commitments and each conversion of any Borrowing to or continuation of any Borrowing as with a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their applicable outstanding Loans). Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing Borrowing, computed in accordance with Schedule 2.01, to the next higher or lower whole Dollar dollar amount.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Alcoa Inc), Revolving Credit Agreement (Alcoa Inc), Extended Revolving Credit Agreement (Alcoa Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.13, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Commitment Fees and the L/C Participation Fees, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 7 contracts

Samples: Credit Agreement (El Paso Electric Co /Tx/), Credit Agreement (El Paso Electric Co /Tx/), Credit Agreement (El Paso Electric Co /Tx/)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 2.12(e) or otherwise stated herein2.14, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 5 contracts

Samples: Second Lien Credit Agreement (STR Holdings LLC), Second Lien Credit Agreement (STR Holdings (New) LLC), Second Lien Credit Agreement (STR Holdings, Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 5 contracts

Samples: Term Loan Credit Agreement (Supervalu Inc), Term Loan Credit Agreement (Supervalu Inc), Credit Agreement (Supervalu Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Commitment Fees, each reduction of the Term Loan Commitments or the Revolving Credit Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 5 contracts

Samples: Pledge Agreement (Tel Save Holdings Inc), Credit Agreement (Bremen Bearings Inc), Credit Agreement (PSF Holdings LLC)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 ------------------ 2.15, 2.16 or otherwise stated herein2.18, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the fees, each reduction of the Commitments, and each refinancing of any Borrowing with, conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated ratably and pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans)Percentage Shares. Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage 's portion of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 3 contracts

Samples: Credit Agreement (Pure Resources Inc), Credit Agreement (Pure Resources Inc), Credit Agreement (Pure Resources Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Commitment Fees, each reduction of the Revolving Credit Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 3 contracts

Samples: Abl Intercreditor Agreement (Quorum Health Corp), Credit Agreement (CGG), Credit Agreement (CGG)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated hereinand Section 2.16, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans)Loans or, in the case of a reduction of Commitments, their respective outstanding Commitments. Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Pyxus International, Inc.), Term Loan Credit Agreement (Pyxus International, Inc.), Loan Credit Agreement (Pyxus International, Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated expressly provided herein, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Commitment Fees and L/C Participation Fees, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 3 contracts

Samples: Credit Agreement (Cactus, Inc.), Credit Agreement (Cactus, Inc.), Credit Agreement (Cactus, Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.12(b) or 2.15 or and except as otherwise stated provided herein, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Hawaiian Telcom Holdco, Inc.), Credit Agreement (Hawaiian Telcom Holdco, Inc.), Credit Agreement (Hawaiian Telcom Holdco, Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated hereinSections 2.11 and 2.16, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Commitment Fees, each reduction of the Commitments and each refinancing or conversion of any Borrowing to or continuation of any Borrowing as with a Borrowing of any Type Type, shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 3 contracts

Samples: Credit Agreement (Txu Corp /Tx/), Credit Agreement (Txu Corp /Tx/), Credit Agreement (Txu Corp /Tx/)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.13, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Facility Fees, each reduction of Commitments and each conversion of any Borrowing to or continuation of any Borrowing as with a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their applicable outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing Borrowing, computed in accordance with Schedule 2.01, to the next higher or lower whole Dollar dollar amount.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Alcoa Inc), Revolving Credit Agreement (Alcoa Inc), Revolving Credit Agreement (Alcoa Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.12, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans and Loans, each conversion payment of the Commitment Fees, each refinancing of any Borrowing to or continuation of any Borrowing as with a Borrowing of any Type and each reduction of the Commitments shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing Borrowing, computed in accordance with Section 2.01, to the next higher or lower whole Dollar amount.

Appears in 2 contracts

Samples: Credit Agreement (McDermott International Inc), Credit Agreement (McDermott International Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Term Loan Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 2 contracts

Samples: Credit Agreement (Crimson Exploration Inc.), Lien Credit Agreement (Crimson Exploration Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Commitment Fees, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments of an applicable class (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 2 contracts

Samples: Abl Credit Agreement (Community Health Systems Inc), Abl Credit Agreement (Community Health Systems Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section Sections 2.13 and 2.15 or otherwise stated hereinherein (including in any Extension), each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (Affirmative Insurance Holdings Inc), Credit Agreement (Affirmative Insurance Holdings Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.12 and 2.14, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Forest Oil Corp), First Lien Credit Agreement (Forest Oil Corp)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.15, each Borrowing, each payment or prepayment of principal of any Borrowing (other than Discounted Voluntary Prepayments made by the Borrower as expressly provided in _________.), each payment of interest on the Loans (or, with respect to any payment of interest made in connection with a prepayment of any Borrowing, each payment of interest on the Loans made pursuant to such Borrowing) and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans)Pro Rata Shares. Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 2 contracts

Samples: Credit Agreement (Medley LLC), Credit Agreement (Medley Management Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein, each Each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of fees, each reduction of the Revolving Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Revolving Commitments (or, if such Revolving Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 2 contracts

Samples: Security Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Virtus Investment Partners, Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein, each Each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans and each conversion reduction of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type the Commitments shall be allocated pro rata among the applicable Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding LoansLoans of the applicable Class); it being acknowledged that this Section 2.14 shall not apply to any payment obtained by any Lender as consideration for the assignment or participation in any Loan to any assignee or participant in accordance with this Agreement. Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 2 contracts

Samples: Term Loan Agreement, Term Loan Agreement

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.13, 2.14, 2.15 or otherwise stated herein2.21, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Hawkeye Holdings, Inc.), Intercreditor Agreement (Hawkeye Holdings, Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 2.13 or otherwise stated herein2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminatedfollowing the termination of the Commitments, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Weight Watchers International Inc), First Lien Credit Agreement (Weight Watchers International Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.13, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Laboratory Corp of America Holdings), Bridge Loan Agreement (Laboratory Corp of America Holdings)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans (or, with respect to any payment of interest made in connection with a prepayment of any Borrowing, each payment of interest on the Loans made pursuant to such Borrowing) and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans)Pro Rata Shares. Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Medley Management Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 2.13(d) or otherwise stated herein(h) or 2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of any prepayment fee, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Itc Deltacom Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.12, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Commitment Fees, each reduction of the Commitments and each conversion refinancing of any Borrowing to or continuation of any Borrowing as with a Borrowing of any Type shall be allocated pro rata among the Lenders Banks in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender Bank agrees that in computing such Lender’s Bank's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s Bank's percentage of such Borrowing Borrowing, computed in accordance with Section 2.01, to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Revolving Credit Agreement (Washington Water Power Co)

Pro Rata Treatment. Except as set forth in Subject to Section 2.12, as required under Section 2.15 or otherwise stated herein2.8, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of fees payable to the Lenders, each reduction of the Aggregate Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments Commitment shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such LenderLxxxxx’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Abrdn Income Credit Strategies Fund)

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Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.12, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Facility Fees, each reduction of the Commitments and each refinancing of any Borrowing with, conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing Borrowing, computed in accordance with Section 2.01, to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Dillards Inc)

Pro Rata Treatment. (a) Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein, provided herein each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of Commitment Fees, each payment of Undrawn Fees and each conversion reduction of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type the Commitments shall be allocated pro rata made or shared among the Lenders in accordance with pro rata according to their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, other than with respect to payment of Undrawn Fees, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such each Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 1 contract

Samples: Accession Agreement (Vivint Solar, Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.13, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Commitment Fees and the Duration Fees, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Bridge Term Loan Credit Agreement (Laboratory Corp of America Holdings)

Pro Rata Treatment. Except as set forth provided in Section 2.12, as required under Section 2.15 or otherwise stated hereinSections 2.13(h) and 2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Commitment Fees and each conversion reduction of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type the Commitments shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each payment or prepayment of principal of the Loans, each payment of interest on the Loans and each conversion or continuation of any Borrowing shall be allocated pro rata among the Lenders in accordance with the respective principal amounts of their outstanding Loans. Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing to the next higher or lower whole Dollar amountdollar.

Appears in 1 contract

Samples: Tranche C Credit Agreement (Terex Corp)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.12, each Borrowing, each payment or prepayment reduction of principal of any Borrowing, each payment of interest on the Loans Revolving Credit Commitments and each conversion change of any Borrowing to or continuation of any Borrowing as a Borrowing of any another Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Revolving Credit Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Revolving Loans)) and each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans and each payment of Commitment Fees shall be allocated pro rata among the Lenders entitled thereto. Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing Borrowing, computed in accordance with Section 2.01, to the next higher or lower whole Dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Ethan Allen Interiors Inc)

Pro Rata Treatment. Except as set forth otherwise provided in this Section 2.12, 2.8 and as otherwise required under Section 2.15 or otherwise stated herein3.4(e), each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of fees, each reduction of the Revolving Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Cantor Fitzgerald Income Trust, Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein, each Each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, and each conversion reduction of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type the Revolving Credit Commitments shall be allocated pro rata among the Lenders Bridge Lenders, in the case of principal and interest payments, in accordance with their respective applicable outstanding Loans and, in the case of all other payments, the Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Bridge Lender agrees that in computing such Bridge Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Bridge Lender’s 's percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Bridge Credit Agreement (Mascotech Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated hereinSections 2.13 and 2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Ispat Inland Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 -------------------------------- 2.15, 2.16 or otherwise stated herein2.18, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the fees, each reduction of the Commitments, and each refinancing of any Borrowing with, conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated ratably and pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans)Percentage Shares. Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage 's portion of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Pure Resources Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Second Lien Credit Agreement (True Temper Sports Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated hereinSections 2.06 and 2.07, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, and each conversion reduction of the Commitments and each refinancing of any Borrowing to or continuation of any Borrowing as with a Borrowing of any Type Type, shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Tredegar Corp)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated hereinpermitted under Sections 2.13(f) and 2.14, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Commitments and each conversion Conversion of any Borrowing to or continuation of any Borrowing as with a Borrowing of any Type Type, shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments Commitment (or, as if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that that, in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Loan Agreement (Citizens Communications Co)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.14, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Credit Agreement (St Louis Riverboat Entertainment Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated hereinSections 2.12(h) and 2.14, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Commitment Fees, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Alon USA Energy, Inc.)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.13, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Commitment Fees, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any the Interest Period applicable to each Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their the outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount.

Appears in 1 contract

Samples: Revolving Credit Agreement (Gulfmark Offshore Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.13 hereof, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the Facility Fees and Commitment Fees, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s 's percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Ascent Entertainment Group Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 or otherwise stated herein2.14, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each reduction of the Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Carrizo Oil & Gas Inc)

Pro Rata Treatment. Except as set forth in Section 2.12, as required under Section 2.15 2.15, ------------------ 2.16 or otherwise stated herein2.18, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans Loans, each payment of the fees, each reduction of the Commitments, and each refinancing of any Borrowing with, conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated ratably and pro rata among the Lenders in accordance with their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans)Percentage Shares. Each Lender agrees that in computing such Lender’s 's portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage 's portion of such Borrowing to the next higher or lower whole Dollar dollar amount.

Appears in 1 contract

Samples: Credit Agreement (Titan Exploration Inc)

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