Examples of Revolving Credit Facility Pro Rata Shares in a sentence
The Agent Bank shall be fully justified in failing or refusing to take any action hereunder unless it shall first be indemnified to its satisfaction by the Banks in accordance with their respective Revolving Credit Facility Pro Rata Shares against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action.
Upon a request to reduce the principal amount outstanding in Swing Line Loans from the Agent Bank, the Banks shall make advances based on their Revolving Credit Facility Pro Rata Shares in amounts sufficient to effect the requested reduction in Swing Line Loans.
The Borrower shall pay to the Agent Bank on the 2009A Amendment Closing Date for the benefit of the Banks in proportion to their respective Revolving Credit Facility Pro Rata Shares on the 2009A Amendment Closing Date, a waiver fee (the “Waiver Fee”) equal to 75/100 of one percent (0.75%) of the $50,000,000 of Revolving Loan Commitments.
The Administrative Bank shall be fully justified in failing or refusing to take any action hereunder unless it shall first be indemnified to its satisfaction by the Banks in accordance with their respective Revolving Credit Facility Pro Rata Shares against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action.
The Borrower shall pay to the Agent Bank for the ------------ benefit of the Banks in proportion to their respective Revolving Credit Facility Pro Rata Shares on the Closing Date, an upfront fee equal to 25/100 of one percent (0.25%) of the Revolving Loan Commitments.
The Agent Bank shall be fully justified in failing or re-fusing to take any action hereunder unless it shall first be indem-nified to its satisfaction by the Banks in accordance with their respective Revolving Credit Facility Pro Rata Shares against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action.
The Borrower agrees to pay to the Agent Bank on the Closing Date, for the benefit of the Banks in accordance with their Revolving Credit Facility Pro Rata Shares, Closing Fees in the total amount of $625,000.
At the Closing, the Borrower shall pay to the Agent, for the ratable benefit of the Lenders, a non-refundable up-front fee (the "Up-Front Fee") in an amount equal to one-tenth of one percent (0.10%) of the sum of the aggregate Revolving Credit Facility Pro Rata Shares.
At any time while no Loans are outstanding hereunder, the Lenders holding at least sixty percent (60%) of the aggregate amount of the Revolving Credit Facility Pro Rata Shares at such time, and at any time while Loans are outstanding hereunder, the Lenders holding at least sixty percent (60%) of the outstanding aggregate principal amount of the Loans hereunder.
Revolving Credit Facility Pro Rata Shares" means, with respect to each Revolving Loan Commitment of each Bank, the per-centage set forth opposite that Bank's name on Schedule 2.1 annexed hereto; provided that Schedule 2.1 shall be amended and each Bank's Revolving Credit Facility Pro Rata Share shall be adjusted from time to time to give effect to the addition or removal of any Bank as provided herein or by assignment, sales or purchases, pursuant to Section 11 hereof.