Common use of Reversal of redistribution Clause in Contracts

Reversal of redistribution. If any Excess Amount subsequently has to be wholly or partly refunded to the Company by a Sharing Bank which has paid an amount equal to that Excess Amount to the Facility Agent under Clause 15.1 (Redistribution), each Bank to which any part of that amount was distributed shall on request from the Sharing Bank repay to the Sharing Bank that Bank's proportionate share of the amount which has to be so refunded by the Sharing Bank.

Appears in 1 contract

Samples: Credit Agreement (CNH Industrial N.V.)

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Reversal of redistribution. If any Excess Amount excess amount subsequently has to be wholly or partly refunded to the Company a Borrower by a Sharing Bank which has paid an amount equal to that Excess Amount excess amount to the Facility Agent under Clause 15.1 (Redistribution), each Bank to which any part of that amount was distributed shall on request from the Sharing Bank repay to the Sharing Bank that Bank's proportionate share of the amount which has to be so refunded by the Sharing Bank.

Appears in 1 contract

Samples: Credit Agreement (Dynea International Oy /)

Reversal of redistribution. If any Excess Amount subsequently has to be wholly or partly refunded to the Company a Borrower by a Sharing Bank which has paid an amount equal to that Excess Amount to the Facility Agent under Clause 15.1 17.1 (Redistribution), each Bank to which any part of that amount was distributed shall on request from the Sharing Bank repay to the Sharing Bank that Bank's proportionate share of the amount which has to be so refunded by the Sharing Bank.

Appears in 1 contract

Samples: Agreement (CNH Global N V)

Reversal of redistribution. If any Excess Amount excess amount subsequently has to be wholly or partly refunded to the Company a Borrower by a Sharing Bank Lender which has paid an amount equal to that Excess Amount excess amount to the Facility Agent under Clause 15.1 17.1 (RedistributionREDISTRIBUTION), each Bank Lender to which any part of that amount was distributed shall on request from the Sharing Bank Lender repay to the Sharing Bank that BankLender such Lender's proportionate share of the amount which has to be so refunded by the Sharing BankLender.

Appears in 1 contract

Samples: Credit Agreement (Aon Corp)

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Reversal of redistribution. If any Excess Amount subsequently has to be wholly or partly refunded to the Company an Obligor by a Sharing Bank which has paid an amount equal to that Excess Amount to the Facility Agent under Clause 15.1 (Redistribution)15.1, each Bank to which any part of that amount was distributed shall on request from the Sharing Bank repay to the Sharing Bank that Bank's proportionate share of the amount which has to be so refunded by the Sharing Bank.

Appears in 1 contract

Samples: Credit Agreement (CNH Global N V)

Reversal of redistribution. If any Excess Amount subsequently has to be wholly or partly refunded to the Company a Borrower by a Sharing Bank which has paid an amount equal to that Excess Amount to the Facility Agent under Clause 15.1 17.1 (RedistributionREDISTRIBUTION), each Bank to which any part of that amount was distributed shall on request from the Sharing Bank repay to the Sharing Bank that Bank's proportionate share of the amount which has to be so refunded by the Sharing Bank.

Appears in 1 contract

Samples: Credit Agreement (Inverness Medical Innovations Inc)

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