Examples of U.S. Commitment Percentage in a sentence
The applicable Agent will pay to each applicable Lender, promptly after receiving any payment in respect of letter of credit fees referred to in this clause (v), an amount equal to the product of such Lender's U.S. Commitment Percentage or Canadian Commitment Percentage, as the case may be, times the amount of such fees.
If such Borrower fails to make such payment when due, the General Administrative Agent shall notify each U.S. Lender of the applicable LC Disbursement, the payment then due from such Borrower in respect thereof and such U.S. Lender’s U.S. Commitment Percentage thereof.
In consideration and in furtherance of the foregoing, each U.S. Lender hereby absolutely and unconditionally agrees to pay to the General Administrative Agent, for the account of the Issuing Lender, such U.S. Lender’s U.S. Commitment Percentage of each LC Disbursement made by the Issuing Lender and not reimbursed on or before the date due as provided in paragraph (e) of this Section 4.01, or of any reimbursement payment required to be refunded to the Borrowers for any reason.
Each U.S. Lender will make its U.S. Commitment Percentage of each Revolving U.S. Loan borrowing available to the U.S. Agent for the account of Airgas as specified in Section 4.14, or in such other manner as the U.S. Agent may specify in writing, by 1:00 P.M. (Charlotte, North Carolina time) on the date specified in the applicable Notice of Borrowing in U.S. Dollars and in funds immediately available to the U.S. Agent.
The Canadian Bank, however, shall be obligated and permitted to make U.S. Loans in accordance with its U.S. Commitment Percentage (subject to and taking into account adjustments pursuant to the terms of this Section 8.15).