Payments for Account of the Applicable Fronting Lender. Notwithstanding any other provision of this Agreement, until the applicable Sterling Lender funds its risk participation pursuant to this Section 5.2 to refinance such Sterling Lender’s applicable Sterling Fronting Loan, all payments made hereunder in respect of the portion of any Sterling Loan 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.)