Pro Rata Sharing. 24.2 If at any time the proportion received or recovered (whether by direct payment, by exercise of any right of set-off, combination of accounts or lien, or otherwise) by any Bank in respect of the total sum which has become due to it from the Borrower under this Agreement before that time exceeds the proportion received or recovered by the Bank(s) receiving or recovering the smallest proportion (if any), then:
Appears in 3 contracts
Samples: Agreement (Alstom), Agreement (Alstom), Agreement (Alstom)
Pro Rata Sharing. 24.2 If at any time the proportion received or recovered (whether by direct payment, by exercise of any right of set-off, combination of accounts or lien, or otherwise) by any Bank in respect of the total sum which has become due to it from the Borrower under this Agreement before that time exceeds the proportion received or recovered by the Bank(s) receiving or recovering the smallest proportion (if any), then:then:-
Appears in 3 contracts
Samples: First Supplemental Agreement (Chartered Semiconductor Manufacturing LTD), Supplemental Agreement (Chartered Semiconductor Manufacturing LTD), Chartered Semiconductor Manufacturing LTD
Pro Rata Sharing. 24.2 If at any time the proportion received or recovered (whether by direct payment, by exercise of any right of set-off, combination of accounts or lien, or otherwise) by any Bank Lender in respect of the total sum which has become due to it from the Borrower or either of the Guarantors under this Agreement the Security Documents before that time exceeds the proportion received or recovered by the Bank(sLender(s) receiving or recovering the smallest proportion (if any), then:then:-
Appears in 2 contracts
Samples: Loan Agreement (Pride International Inc), Agreement (Pride International Inc)
Pro Rata Sharing. 24.2 If at any time the proportion received or recovered (whether by direct payment, by exercise of any right of set-off, combination of accounts or lien, or otherwise) by any Bank in respect of the total sum which has become due to it from the Borrower under this Agreement before that time exceeds the proportion received or recovered by the Bank(s) receiving or recovering the smallest proportion (if any), then:
Appears in 2 contracts
Samples: Agreement (Alstom), Agreement (Alstom)
Pro Rata Sharing. 24.2 If at any time the proportion received or recovered (whether by direct payment, by exercise of any right of set-off, combination of accounts or lien, or otherwise) by any Bank Lender (the Recovering Lender) in respect of the total sum which has become due to it from the Borrower under this Agreement before that time exceeds the proportion received or recovered by the Bank(sLender(s) receiving or recovering the smallest proportion (if any), then:
Appears in 1 contract
Samples: Transfer Agreement (Alstom)
Pro Rata Sharing. 24.2 If at any time the proportion received or recovered (whether by direct payment, by exercise of any right of set-off, combination of accounts or lien, or otherwise) by any Bank Lender in respect of the total sum which has become due to it from the Borrower under this Agreement before that time exceeds the proportion received or recovered by the Bank(sLender(s) receiving or recovering the smallest proportion (if any), then:
Appears in 1 contract
