Common use of Pro Rata Treatment among Loans Clause in Contracts

Pro Rata Treatment among Loans. Except as otherwise expressly ------------------------------ set forth in Article III, each payment (including each prepayment) by Borrower ----------- on account of principal of and interest on the Loans shall be made pro rata among the Loans of the same type and, if applicable, having the same Interest Period. Administrative Agent shall apply any prepayments in reduction of Loans so that Borrower's funded losses under Section 2.12(h)

Pro Rata Treatment among Loans. Except as otherwise expressly ------------------------------ set forth in Article III, each payment (including each prepayment) by the Borrower ----------- on account of principal of and interest on the Loans shall be made pro rata among the Loans of the same type and, if applicable, having the same Interest PeriodLoans. Administrative Agent shall will apply any prepayments in reduction of Loans so that the Borrower's funded funding losses under Section 2.12(h)under