Common use of refers Clause in Contracts

refers. In the circumstances set out in paragraph (b) above, to the extent that it is not possible to make a Revolving Credit Advance due to the insolvency of a Borrower, the Lenders will indemnify (pro-rata according to their Revolving Credit Commitments) the Swingline Lenders for any loss that they incur as a result of the relevant Swingline Borrowing.

Appears in 2 contracts

Sources: Credit Agreement (Philip Morris International Inc.), Credit Agreement (Altria Group, Inc.)