Common use of Subsequent Drawdowns Clause in Contracts

Subsequent Drawdowns. If a Lender becomes a Non-Participating Lender, subsequent Drawdowns will be funded first by the Non-Participating Lender rateably based on each Non-Participating Lender's Individual Commitment Amount, until the Principal Amounts of the Lenders are again in proportion to their respective Rateable Portions prior to the Hostile Acquisition.

Appears in 3 contracts

Samples: Credit Agreement (Harvest Operations Corp.), Credit Agreement (Harvest Operations Corp.), Credit Agreement (Harvest Operations Corp.)

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Subsequent Drawdowns. If a Lender becomes is a Non-Participating Lender, subsequent Drawdowns will be funded first by the Non-Participating Lender Lenders rateably based on each Non-Participating Lender's ’s Individual Commitment Amount, until the Aggregate Principal Amounts of the all Lenders are again in proportion to their respective Rateable Portions prior to the Hostile AcquisitionPortions.

Appears in 2 contracts

Samples: Credit Agreement (Obsidian Energy Ltd.), Credit Agreement (Obsidian Energy Ltd.)

Subsequent Drawdowns. If a Lender becomes a Non-Participating Lender, subsequent Drawdowns will be funded first by the Non-Participating Lender rateably based on each Non-Participating Lender's Individual Commitment Amount, until the Principal Amounts of owed to the Lenders are again in proportion to their respective Rateable Portions prior to the Hostile Acquisition.

Appears in 2 contracts

Samples: Credit Agreement (ENERPLUS Corp), Credit Agreement (Penn West Energy Trust)

Subsequent Drawdowns. If a Lender becomes a Non-Participating Lender, subsequent Drawdowns will be funded first by the Non-Participating Lender rateably based on each Non-Participating NonParticipating Lender's Individual Commitment Amount, until the Principal Amounts of the Lenders are again in proportion to their respective Rateable Portions prior to the Hostile Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Harvest Energy Trust)

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Subsequent Drawdowns. If a Lender becomes a Non-Participating Lender, subsequent Drawdowns will be funded first by the Non-Participating Lender rateably based on each Non-Participating Lender's Individual Commitment AmountAmount under the Revolving Facility, until the Principal Amounts of the Revolving Lenders are again in proportion to their respective Rateable Portions under the Revolving Facility prior to the Hostile Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Harvest Energy Trust)

Subsequent Drawdowns. If a Lender becomes a Non-Participating Lender, subsequent Drawdowns will be funded first by the Non-Participating Lender rateably based on each Non-Participating Lender's ’s Individual Commitment Amount, until the Principal Amounts of the Lenders are again in proportion to their respective Rateable Portions prior to the Hostile Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Penn West Energy Trust)

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