Examples of Rateable Portion in a sentence
Subject to the terms and conditions of this Agreement, each Lender agrees to make available its Rateable Portion of each Advance (or Rollover or Conversion thereof) under the applicable Credit Facility to the Borrower in accordance with its Commitment in respect of such Credit Facility.
Any such amount deposited with the L/C Lender shall be held in trust for the other Lenders, to the extent of each Lenders' Rateable Portion, and shall be distributed as and when required by this Agreement.
If such Lender shall pay such corresponding amounts to the Administrative Agent, the amounts so paid shall constitute such Lender’s Rateable Portion of such Borrowing for the purposes of this Agreement.
Subject to the terms and conditions hereof, each of the Lenders shall make available to the Borrower such Xxxxxx's Rateable Portion of each Credit Facility.
If and to the extent that such Lender shall not have made its Rateable Portion available to the Administrative Agent, such Lender shall pay such corresponding amounts to the Administrative Agent forthwith on demand.