Pro rata interest settlement Sample Clauses

Pro rata interest settlement. If the Agent has notified the Lenders that it is able to distribute interest payments on a “pro rata basis” to Existing Lenders and New Lenders then (in respect of any transfer pursuant to Clause 25.5 (Procedure for transfer) or any assignment pursuant to Clause 25.6 (Procedure for assignment) the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
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Pro rata interest settlement. If the Agent has notified the Banks that it is able to distribute interest payments on a pro rata basis to Existing Banks and New Banks then (in respect of any transfer pursuant to Clause 28.3 (Procedure for novations) the Transfer Date of which is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. If the Agent has notified the Lenders that it is able to distribute interest payments on a “pro rata basis” to Existing Lenders and New Lenders then (in respect of any assignment pursuant to Clause 22.2(d) (Conditions of assignment or assignment and transfer by assumption of contract (Vertragsübernahme)) or assignment and transfer by assumption of contract (Vertragsübernahme) pursuant to Clause 22.5 (Procedure for assignment and transfer by assumption of contract (Vertragsübernahme)) the Assignment Date or Transfer Date, respectively, of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. (A) If the Senior Agent has notified the Senior Lenders that it is able to distribute interest payments on a "pro rata basis" to Existing Senior Lenders and New Senior Lenders then (in respect of any transfer pursuant to Clause 24.5 (Procedure for transfer) the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. (a) In respect of any transfer pursuant to Clause 25.5 (Procedure for Transfer) or any assignment pursuant to Clause 25.6 (Procedure for Assignment) the Transfer Date of ​ 107 ​ ​ which, in each case, is after the date of that notification and is not on the last day of an Interest Period:
Pro rata interest settlement. (a) If the Agent has notified the Subscribers that it is able to distribute interest payments on a "pro rata basis" to Existing Subscribers and New Subscribers then (in respect of any assignment pursuant to Clause 29.7 (Procedure for assignment) the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. (AX) If the Facility Agent has notified the Lenders that it is able to distribute interest payments on a “pro rata basis” to Existing Lenders and New Lenders then (in respect of any transfer pursuant to clause 30.5 (Procedure for transfer) the Transfer Date of which is after the date of such notification and is not on the last day of an Interest Period): liv. any interest or fees in respect of the relevant participation which are expressed to accrue by reference to the lapse of time shall continue to accrue in favour of the Existing Lender up to but excluding the Transfer Date ("Accrued Amounts") and shall become due and payable to the Existing Lender (without further interest accruing on them) on the last day of the current Interest Period (or, if the Interest Period is longer than six Months, on the next of the dates which falls at six Monthly intervals after the first day of that Interest Period); and
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Pro rata interest settlement. If the Agent has notified the Lenders that it is able to distribute interest payments on a “pro rata basis” to Existing Lenders and New Lenders then (in respect of any transfer pursuant to Clause 33.5 (Procedure for transfer) the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. (a) If the Interim Facility Agent has notified the Interim Lenders that it is able to distribute interest payments on a “pro rata basis” to Existing Interim Lenders and New Interim Lenders then (in respect of any transfer pursuant to Clause 22.4 (Procedure for transfer) or any assignment pursuant to Clause 22.5 (Procedure for assignment) the Transfer Date of which, in each case, is after the date of such notification and is not on the last day of an Interest Period):
Pro rata interest settlement. If under the terms of the Credit Documentation in relation to the transaction the Transferor is to retain the right to receive its portion of any interest or fees accrued up to, but excluding the Transfer Effective Date, and which are expressed to accrue by reference to the lapse of time ("Accrued Amounts"), the Novated Assets will not include the Accrued Amounts. Any Accrued Amount will continue, under the Credit Documentation, to be for the account of the Transferor but will be subject to Clause 2.5 (Excluded Rights).
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