Proportionate Absorption of Losses. Except as otherwise provided in the Loan Documents, nothing in the Loan Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Documents is concerned, or to relieve any Lender from absorbing its ratable portion of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Documents).
Appears in 8 contracts
Samples: Revolving Credit Agreement (Northern Border Partners Lp), Credit Agreement (Dobson Communications Corp), Credit Agreement (Affiliated Computer Services Inc)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan Documents, nothing in the Loan Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Documents is concerned, or to relieve any Lender from absorbing its ratable portion of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Documents).
Appears in 3 contracts
Samples: Credit Agreement (Adelphia Communications Corp), Pledge Agreement (Adelphia Communications Corp), Senior Secured Term Loan Agreement (America West Holdings Corp)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan Documents, nothing in the Loan Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Documents is concerned, or to relieve any Lender from absorbing its ratable portion of any losses sustained with respect to the Obligation (except to NBPLP CREDIT AGREEMENT the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Documents).
Appears in 1 contract
Samples: NBPLP Credit Agreement (Northern Border Partners Lp)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan Documents, nothing in the Loan Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Documents is concerned, or to relieve any Lender from absorbing its ratable portion of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Documents).. 44 NBPLP CREDIT AGREEMENT
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Proportionate Absorption of Losses. Except as otherwise provided in the Loan Documents, nothing in the Loan Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Documents is concerned, or to relieve any Lender from absorbing its ratable portion of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Documents).. TERM LOAN AND SECURITY AGREEMENT
Appears in 1 contract
Samples: Term Loan and Security Agreement (American Real Estate Partners L P)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan Documents, nothing in the Loan Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Documents is concerned, or to relieve any Lender from absorbing its ratable portion of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Documents).from
Appears in 1 contract
Samples: Revolving Credit Agreement (Intermedia Communications Inc)
Proportionate Absorption of Losses. Except EXCEPT as otherwise provided in the Loan DocumentsPapers, nothing in the Loan Documents Papers shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Documents Papers is concerned, or to relieve any Lender from absorbing its ratable portion of ratably any losses sustained with respect to the Obligation (except EXCEPT to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan DocumentsPapers).
Appears in 1 contract
Samples: Revolving Credit Agreement (Logix Communications Enterprises Inc)
Proportionate Absorption of Losses. Except for Competitive Borrowings or as otherwise provided in the Loan DocumentsPapers, nothing in the Loan Documents Papers shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Documents Papers is concerned, or to relieve any Lender from absorbing its ratable portion of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan DocumentsPapers).
Appears in 1 contract
Proportionate Absorption of Losses. Except as otherwise provided in the Loan Documents, nothing in the Loan Documents shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation arising under the Loan Documents is concerned, or to relieve any Lender from absorbing its ratable portion of any losses sustained with respect to the Obligation (except EXCEPT to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan Documents).
Appears in 1 contract
Samples: Credit Agreement (Dutchess County Cellular Telephone Co Inc)
Proportionate Absorption of Losses. Except as otherwise provided in the Loan DocumentsPapers, nothing in the Loan Documents Papers shall be deemed to give any Lender any advantage over any other Lender insofar as the Obligation obligation arising under the Loan Documents Papers is concerned, or to relieve any Lender from absorbing its ratable portion Pro Rata Part of any losses sustained with respect to the Obligation (except to the extent such losses result from unilateral actions or inactions of any Lender that are not made in accordance with the terms and provisions of the Loan DocumentsPapers).
Appears in 1 contract
