Common use of Apportionment of Payments Clause in Contracts

Apportionment of Payments. All payments of principal and interest in respect of outstanding Loans, all payments of fees and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata Shares, or as otherwise provided herein.

Appears in 8 contracts

Sources: Loan and Security Agreement (Angel Studios, Inc.), Loan and Security Agreement (Rapid Micro Biosystems, Inc.), Loan and Security Agreement (Shoulder Innovations, Inc.)

Apportionment of Payments. Subject to Section 2.02 hereof: (a) All payments of principal and interest in respect of outstanding Loans, all payments of fees Loans and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata SharesShares or otherwise as provided herein or, or in respect of payments not made on account of Loans, as otherwise provided hereindesignated by the Person making payment when the payment is made.

Appears in 4 contracts

Sources: First Lien Credit Agreement (Gannett Co., Inc.), First Lien Credit Agreement (Gannett Co., Inc.), First Lien Credit Agreement (Gannett Co., Inc.)

Apportionment of Payments. Subject to Section 2.02 hereof: (a) All payments of principal and interest in respect of outstanding Loans, all payments of fees Term Loans and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata SharesShares or otherwise as provided herein or, or in respect of payments not made on account of Term Loans, as otherwise provided hereindesignated by the Person making payment when the payment is made.

Appears in 3 contracts

Sources: Credit Agreement (Gannett Co., Inc.), Credit Agreement (Gannett Co., Inc.), Credit Agreement (New Fortress Energy LLC)

Apportionment of Payments. All Subject to Section 2.02 hereof:all payments of principal and interest in respect of outstanding Loans, all payments of fees and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata SharesShares or otherwise as provided herein or, or in respect of payments not made on account of Loans, as otherwise provided hereindesignated by the Person making payment when the payment is made.

Appears in 2 contracts

Sources: Financing Agreement (Imperial Holdings, LLC), Financing Agreement (Imperial Holdings, LLC)