Common use of Subsequent Drawdowns Clause in Contracts

Subsequent Drawdowns. If a Lender under either Tranche becomes a Non-Participating Lender, subsequent Drawdowns under such Tranche will be funded first by the Non-Participating Lender rateably based on each Non-Participating Lender’s Individual Commitment Amount under the applicable Tranche, until the Principal Amounts owed to the Lenders under such Tranche are again in proportion to their respective Rateable Portions under such Tranche prior to the Hostile Acquisition.

Subsequent Drawdowns. If a Lender under either Tranche becomes a Non-Participating Lender, subsequent Drawdowns under such the applicable Tranche will be funded first by the Non-Participating Lender rateably based on each Non-Participating Lender’s Individual Commitment Amount under the applicable such Tranche, until the Principal Amounts owed to the Lenders under such Tranche are again in proportion to their respective Rateable Portions under such Tranche prior to the Hostile Acquisition.