Pro Rata Basis. All payments of principal, interest and fees to the Lenders, unless otherwise expressly stipulated, shall be made for the account of, and distributed by the Administrative Agent to, the Lenders pro rata on the basis of the amounts respectively owed to them as (as applicable) principal, interest or fees under the relevant Credit Facility.
Appears in 3 contracts
Sources: Credit Agreement (Maxar Technologies Inc.), Restated Credit Agreement (Maxar Technologies Ltd.), Credit Agreement (Macdonald Dettwiler & Associates LTD)
Pro Rata Basis. All payments of principal, interest and fees to the Lendersherein set forth, unless otherwise expressly stipulated, shall be made for the account of, and distributed by the Administrative Agent to, the Lenders pro rata on the basis of the amounts respectively owed to them as (as applicable) principal, interest or fees under the relevant Credit Facilitytheir respective Commitments.
Appears in 1 contract
Sources: Credit Agreement (Kinder Morgan Inc)
Pro Rata Basis. All payments of principal, interest and fees to the Lendersherein set forth, unless otherwise expressly stipulated, shall be bE made for the account of, and distributed by the Administrative Agent to, the Lenders pro rata on the basis of the amounts respectively owed to them as (as applicable) principal, interest or fees under the relevant Credit Facilitytheir respective Commitments.
Appears in 1 contract