Common use of Payments for Account of the Applicable Fronting Lender Clause in Contracts

Payments for Account of the Applicable Fronting Lender. Notwithstanding any other provision of this Agreement, until a Yen Lender funds its risk participation pursuant to this Section 4.2 to refinance such Yen Lender’s applicable Yen Fronting Loan, all payments made hereunder in respect of the portion of any Yen Loans that was funded in part by a Fronting Lender shall be solely for the account of the applicable Fronting Lender.

Appears in 2 contracts

Sources: Senior Term Loan Agreement (Prologis, L.P.), Senior Term Loan Agreement (Prologis, L.P.)

Payments for Account of the Applicable Fronting Lender. Notwithstanding any other provision of this Agreement, until a Yen Lender funds its risk participation pursuant to this Section 4.2 to refinance such Yen Lender’s applicable Yen Fronting Loan, all payments made hereunder in respect of the portion of any Yen Committed Loans that was funded in part by a Fronting Lender shall be solely for the account of the applicable Fronting Lender.

Appears in 1 contract

Sources: Global Senior Credit Agreement (Prologis, L.P.)

Payments for Account of the Applicable Fronting Lender. Notwithstanding any other provision of this Agreement, until a Yen Lender funds its risk participation pursuant to this Section 4.2 5.2 to refinance such Yen Lender’s applicable Yen Fronting Loan, all payments made hereunder in respect of the portion of any Yen Committed Loans that was funded in part by a Fronting Lender on behalf of such Yen Lender shall be solely for the account of the applicable Fronting Lender.

Appears in 1 contract

Sources: Global Senior Credit Agreement (Prologis)

Payments for Account of the Applicable Fronting Lender. Notwithstanding any other provision of this Agreement, until a Yen Lender funds its risk participation pursuant to this Section 4.2 5.2 to refinance such Yen Lender’s applicable Yen Fronting Loan, all payments made hereunder in respect of the portion of any Yen Committed Loans that was funded in part by a Fronting Lender shall be solely for the account of the applicable Fronting Lender.was

Appears in 1 contract

Sources: Global Senior Credit Agreement (Prologis)

Payments for Account of the Applicable Fronting Lender. Notwithstanding any other provision of this Agreement, until a Yen Lender funds its risk participation pursuant to this Section 4.2 to refinance such Yen Lender’s applicable Yen Fronting Loan, all payments made hereunder in respect of the portion of any Yen Committed Loans that was funded in part by a Fronting Lender on behalf of such Yen Lender shall be solely for the account of the applicable Fronting Lender.

Appears in 1 contract

Sources: Global Senior Credit Agreement (Prologis)