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Group Facilities Ratable Status
Group Facilities Ratable Status contract clause examples

The parties hereto acknowledge and agree that # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Revolving Credit Lender hereunder shall be a Group Revolving Credit Lender under each other Group Credit Agreement with a Group Revolving Credit Facility thereunder and shall hold the same percentage of Revolving Credit Borrowings, Revolving Credit Exposure and Revolving Credit Commitments under this Agreement as its holdings of Group Revolving Credit Borrowings, Group Revolving Credit Exposure and Group Revolving Credit Commitments under each other Group Credit Agreement, respectively (such pro rata holdings referred to as the “Group Revolving Credit Facility Ratable Status”), # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding Second Amendment Effective Date Term Loans constituting Term A Loans hereunder (if any[[Borrower:Organization]] shall be a Group Term Lender under each other Group Credit Agreement with Group Second Amendment Effective Date Term Loans constituting Term A Loans thereunder and shall hold the same percentage of Second Amendment Effective Date Term Loans constituting Term A Loans under this Agreement (if any[[Borrower:Organization]] as its holdings of Group Second Amendment Effective Date Term Loans constituting Term A Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Second Amendment Effective Date Term A Loans Ratable Status”), # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding Second Amendment Effective Date Term Loans constituting Term B Loans hereunder shall be a Group Term Lender under each other Group Credit Agreement with Group Second Amendment Effective Date Term Loans constituting Term B Loans thereunder and shall hold the same percentage of Second Amendment Effective Date Term Loans constituting Term B Loans under this Agreement as its holdings of Group Second Amendment Effective Date Term Loans constituting Term B Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Second Amendment Effective Date Term B Loans Ratable Status”) and # upon the incurrence of any Refinancing Revolving Commitments or Refinancing Term Loans and thereafter during the term of this Agreement, to the extent the Borrower has designated any Group Refinancing Revolving Commitments or Group Refinancing Term Loans under other Group Credit Agreements as constituting the same Class, each Lender holding such Refinancing Revolving Commitments or Refinancing Term Loans shall be a Group Lender under each other Group Credit Agreement with such Group Refinancing Revolving Commitments or Group Refinancing Term Loans and shall hold the same percentage of Refinancing Revolving Commitments or Refinancing Term Loans under this Agreement as its holdings of Group Refinancing Revolving Commitments of the same Class or Group Refinancing Term Loans of the same Class under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Refinancing Loans Ratable Status”). The Group Revolving Credit Facility Ratable Status, the Group Second Amendment Effective Date Term A Loans Ratable Status, the Group Second Amendment Effective Date Term B Loans Ratable Status and the Group Refinancing Loans Ratable Status are collectively referred to herein as the “Group Facilities Ratable Status”.

The parties hereto acknowledge and agree that # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Revolving Credit Lender hereunder shall be a Group Revolving Credit Lender under each other Group Credit Agreement with a Group Revolving Credit Facility thereunder and shall hold the same percentage of Revolving Credit Borrowings, Revolving Credit Exposure and Revolving Credit Commitments under this Agreement as its holdings of Group Revolving Credit Borrowings, Group Revolving Credit Exposure and Group Revolving Credit Commitments under each other Group Credit Agreement, respectively (such pro rata holdings referred to as the “Group Revolving Credit Facility Ratable Status”), # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding Second Amendment Effective Date Term Loans constituting Term A Loans hereunder shall be a Group Term Lender under each other Group Credit Agreement with Group Second Amendment Effective Date Term Loans constituting Term A Loans thereunder and shall hold the same percentage of Second Amendment Effective Date Term Loans constituting Term A Loans under this Agreement as its holdings of Group Second Amendment Effective Date Term Loans constituting Term A Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Second Amendment Effective Date Term A Loans Ratable Status”), # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding Second Amendment Effective Date Term Loans constituting Term B Loans hereunder (if any[[WXXA Borrower:Organization]] shall be a Group Term Lender under each other Group Credit Agreement with Group Second Amendment Effective Date Term Loans constituting Term B Loans thereunder and shall hold the same percentage of Second Amendment Effective Date Term Loans constituting Term B Loans under this Agreement (if any[[WXXA Borrower:Organization]] as its holdings of Group Second Amendment Effective Date Term Loans constituting Term B Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Second Amendment Effective Date Term B Loans Ratable Status”) and # upon the incurrence of any Refinancing Revolving Commitments or Refinancing Term Loans and thereafter during the term of this Agreement, to the extent the Borrower has designated any Group Refinancing Revolving Commitments or Group Refinancing Term Loans under other Group Credit Agreements as constituting the same Class, each Lender holding such Refinancing Revolving Commitments or Refinancing Term Loans shall be a Group Lender under each other Group Credit Agreement with such Group Refinancing Revolving Commitments or Group Refinancing Term Loans and shall hold the same percentage of Refinancing Revolving Commitments or Refinancing Term Loans under this Agreement as its holdings of Group Refinancing Revolving Commitments of the same Class or Group Refinancing Term Loans of the same Class under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Refinancing Loans Ratable Status”). The Group Revolving Credit Facility Ratable Status, the Group Second Amendment Effective Date Term A Loans Ratable Status, the Group Second Amendment Effective Date Term B Loans Ratable Status and the Group Refinancing Loans Ratable Status are collectively referred to herein as the “Group Facilities Ratable Status”.

The parties hereto acknowledge and agree that # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Revolving Credit Lender hereunder shall be a Group Revolving Credit Lender under each other Group Credit Agreement with a Group Revolving Credit Facility thereunder and shall hold the same percentage of Revolving Credit Borrowings, Revolving Credit Exposure and Revolving Credit Commitments under this Agreement as its holdings of Group Revolving Credit Borrowings, Group Revolving Credit Exposure and Group Revolving Credit Commitments under each other Group Credit Agreement, respectively (such pro rata holdings referred to as the “Group Revolving Credit Facility Ratable Status”), # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding Second Amendment Effective Date Term Loans constituting Term A Loans hereunder shall be a Group Term Lender under each other Group Credit Agreement with Group Second Amendment Effective Date Term Loans constituting Term A Loans thereunder and shall hold the same percentage of Second Amendment Effective Date Term Loans constituting Term A Loans under this Agreement as its holdings of Group Second Amendment Effective Date Term Loans constituting Term A Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Second Amendment Effective Date Term A Loans Ratable Status”), # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding Second Amendment Effective Date Term Loans constituting Term B Loans hereunder shall be a Group Term Lender under each other Group Credit Agreement with Group Second Amendment Effective Date Term Loans constituting Term B Loans thereunder and shall hold the same percentage of Second Amendment Effective Date Term Loans constituting Term B Loans under this Agreement as its holdings of Group Second Amendment Effective Date Term Loans constituting Term B Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Second Amendment Effective Date Term B Loans Ratable Status”) and # upon the incurrence of any Refinancing Revolving Commitments or Refinancing Term Loans and thereafter during the term of this Agreement, to the extent the Borrower has designated any Group Refinancing Revolving Commitments or Group Refinancing Term Loans under other Group Credit Agreements as constituting the same Class, each Lender holding such Refinancing Revolving Commitments or Refinancing Term Loans shall be a Group Lender under each other Group Credit Agreement with such Group Refinancing Revolving Commitments or Group Refinancing Term Loans and shall hold the same percentage of Refinancing Revolving Commitments or Refinancing Term Loans under this Agreement as its holdings of Group Refinancing Revolving Commitments of the same Class or Group Refinancing Term Loans of the same Class under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Refinancing Loans Ratable Status”). The Group Revolving Credit Facility Ratable Status, the Group Second Amendment Effective Date Term A Loans Ratable Status, the Group Second Amendment Effective Date Term B Loans Ratable Status and the Group Refinancing Loans Ratable Status are collectively referred to herein as the “Group Facilities Ratable Status.”

The parties hereto acknowledge and agree that # on the SecondThird Amendment Effective Date and at all times thereafter during the term of this Agreement, each Revolving Credit Lender under the 2018 Revolving Credit Tranche or the 2020 Revolving Credit Tranche hereunder shall be a Group Revolving Credit Lender under each other Group Credit Agreement with a Group Revolving Credit Facility thereunder that “Constitutes Same Class With” the 2018 Revolving Credit Tranche or the 2020 Revolving Credit Tranche, as applicable, and shall hold the same percentage of Revolving Credit Borrowings, Revolving Credit Exposure and Revolving Credit Commitments under the 2018 Revolving Credit Tranche or 2020 Revolving Credit Tranche under this Agreement as its holdings of Group Revolving Credit Borrowings, Group Revolving Credit Exposure and Group Revolving Credit Commitments under the applicable tranche of Group Revolving Credit Commitments that “Constitute Same Class With” such tranche under each other Group Credit Agreement, respectively (such pro rata holdings referred to as the “Group Revolving Credit Facility Ratable Status”), # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding Second Amendment Effective Date Term Loans constituting Term A Loans hereunder (if any[[Borrower:Organization]] shall be a Group Term Lender under each other Group Credit Agreement with Group Second Amendment Effective Date Term Loans constituting Term A Loans thereunder and shall hold the same percentage of Second Amendment Effective Date Term Loans constituting Term A Loans under this Agreement (if any[[Borrower:Organization]] as its holdings of Group Second Amendment Effective Date Term Loans constituting Term A Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Second Amendment Effective Date Term A Loans Ratable Status”), # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding Second Amendment Effective Date Term Loans constituting Term B Loans hereunder shall be a Group Term Lender under each other Group Credit Agreement with Group Second Amendment Effective Date Term Loans constituting Term B Loans thereunder and shall hold the same percentage of Second Amendment Effective Date Term Loans constituting Term B Loans under this Agreement as its holdings of Group Second Amendment Effective Date Term Loans constituting Term B Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Second Amendment Effective Date Term B Loans Ratable Status”) and # upon the incurrence of any Refinancing Revolving Commitments or Refinancing Term Loans and thereafter during the term of this Agreement, to the extent the Borrower has designated any Group Refinancing Revolving Commitments or Group Refinancing Term Loans under other Group Credit Agreements as constituting the same Class, each Lender holding such Refinancing Revolving Commitments or Refinancing Term Loans shall be a Group Lender under each other Group Credit Agreement with such Group Refinancing Revolving Commitments or Group Refinancing Term Loans and shall hold the same percentage of Refinancing Revolving Commitments or Refinancing Term Loans under this Agreement as its holdings of Group Refinancing Revolving Commitments of the same Class or Group Refinancing Term Loans of the same Class under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Refinancing Loans Ratable Status”). The Group Revolving Credit Facility Ratable Status, the Group Second Amendment Effective Date Term A Loans Ratable Status, the Group Second Amendment Effective Date Term B Loans Ratable Status and the Group Refinancing Loans Ratable Status are collectively referred to herein as the “Group Facilities Ratable Status”.

The parties hereto acknowledge and agree that # on the Fourth Amendment Effective Date and at all times thereafter during the term of this Agreement, each Revolving Credit Lender under the 2018 Revolving Credit Tranche or the 2020 Revolving Credit Tranche hereunder shall be a Group Revolving Credit Lender under each other Group Credit Agreement with a Group Revolving Credit Facility thereunder that “Constitutes Same Class With” the 2018 Revolving Credit Tranche or the 2020 Revolving Credit Tranche, as applicable, and shall hold the same percentage of Revolving Credit Borrowings, Revolving Credit Exposure and Revolving Credit Commitments under the 2018 Revolving Credit Tranche or 2020 Revolving Credit Tranche under this Agreement as its holdings of Group Revolving Credit Borrowings, Group Revolving Credit Exposure and Group Revolving Credit Commitments under the applicable tranche of Group Revolving Credit Commitments that “Constitute Same Class With” such tranche under each other Group Credit Agreement, respectively (such pro rata holdings referred to as the “Group Revolving Credit Facility Ratable Status”), # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding Second Amendment Effective Date Term Loans constituting Term A Loans hereunder shall be a Group Term Lender under each other Group Credit Agreement with Group Second Amendment Effective Date Term Loans constituting Term A Loans thereunder and shall hold the same percentage of Second Amendment Effective Date Term Loans constituting Term A Loans under this Agreement as its holdings of Group Second Amendment Effective Date Term Loans constituting Term A Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Second Amendment Effective Date Term A Loans Ratable Status”), # on the Second Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding Second Amendment Effective Date Term Loans constituting Term B Loans hereunder shall be a Group Term Lender under each other Group Credit Agreement with Group Second Amendment Effective Date Term Loans constituting Term B Loans thereunder and shall hold the same percentage of Second Amendment Effective Date Term Loans constituting Term B Loans under this Agreement as its holdings of Group Second Amendment Effective Date Term Loans constituting Term B Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Second Amendment Effective Date Term B Loans Ratable Status”) and # upon the incurrence of any Refinancing Revolving Commitments or Refinancing Term Loans and thereafter during the term of this Agreement, to the extent the Borrower has designated any Group Refinancing Revolving Commitments or Group Refinancing Term Loans under other Group Credit Agreements as constituting the same Class, each Lender holding such Refinancing Revolving Commitments or Refinancing Term Loans shall be a Group Lender under each other Group Credit Agreement with such Group Refinancing Revolving Commitments or Group Refinancing Term Loans and shall hold the same percentage of Refinancing Revolving Commitments or Refinancing Term Loans under this Agreement as its holdings of Group Refinancing Revolving Commitments of the same Class or Group Refinancing Term Loans of the same Class under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Refinancing Loans Ratable Status”). The Group Revolving Credit Facility Ratable Status, the Group Second Amendment Effective Date Term A Loans Ratable Status, the Group Second Amendment Effective Date Term B Loans Ratable Status and the Group Refinancing Loans Ratable Status are collectively referred to herein as the “Group Facilities Ratable Status.”

The parties hereto acknowledge and agree that # on the First Amendment Effective Date and at all times thereafter during the term of this Agreement, each Revolving Credit Lender hereunder shall be a Group Revolving Credit Lender under each other Group Credit Agreement with a Group Revolving Credit Facility thereunder and shall hold the same percentage of Revolving Credit Borrowings, Revolving Credit Exposure and Revolving Credit Commitments under this Agreement as its holdings of Group Revolving Credit Borrowings, Group Revolving Credit Exposure and Group Revolving Credit Commitments under each other Group Credit Agreement, respectively (such pro rata holdings referred to as the “Group Revolving Credit Facility Ratable Status”), # on the First Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding First Amendment Effective Date Term Loans constituting Term A Loans hereunder shall be a Group Term Lender under each other Group Credit Agreement with Group First Amendment Effective Date Term Loans constituting Term A Loans thereunder and shall hold the same percentage of First Amendment Effective Date Term Loans constituting Term A Loans under this Agreement as its holdings of Group First Amendment Effective Date Term Loans constituting Term A Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group First Amendment Effective Date Term A Loans Ratable Status”), # on the First Amendment Effective Date and at all times thereafter during the term of this Agreement, each Term Lender holding First Amendment Effective Date Term Loans constituting Term B Loans hereunder (if any[[Borrower:Organization]] shall be a Group Term Lender under each other Group Credit Agreement with Group First Amendment Effective Date Term Loans constituting Term B Loans thereunder and shall hold the same percentage of First Amendment Effective Date Term Loans constituting Term B Loans under this Agreement (if any[[Borrower:Organization]] as its holdings of Group First Amendment Effective Date Term Loans constituting Term B Loans under each other Group Credit Agreement (such pro rata holdings referred to as the “Group First Amendment Effective Date Term B Loans Ratable Status”) and # upon the incurrence of any Refinancing Revolving Commitments or Refinancing Term Loans and thereafter during the term of this Agreement, to the extent the Borrower has designated any Group Refinancing Revolving Commitments or Group Refinancing Term Loans under other Group Credit Agreements as constituting the same Class, each Lender holding such Refinancing Revolving Commitments or Refinancing Term Loans shall be a Group Lender under each other Group Credit Agreement with such Group Refinancing Revolving Commitments or Group Refinancing Term Loans and shall hold the same percentage of Refinancing Revolving Commitments or Refinancing Term Loans under this Agreement as its holdings of Group Refinancing Revolving Commitments of the same Class or Group Refinancing Term Loans of the same Class under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Refinancing Loans Ratable Status”). The Group Revolving Credit Facility Ratable Status, the Group Closing Date Term A Loans Ratable Status, the Group Closing Date Term B Loans Ratable Status and the Group Refinancing Loans Ratable Status are collectively referred to herein as the “Group Facilities Ratable Status”.

The parties hereto acknowledge and agree that # on the Third Amendment Effective Date and at all times thereafter during the term of this Agreement, each Revolving Credit Lender under the 2018 Revolving Credit Tranche or the 2020 Revolving Credit Tranche hereunder shall be a Group Revolving Credit Lender under each other Group Credit Agreement with a Group Revolving Credit Facility thereunder that “Constitutes Same Class With” the 2018 Revolving Credit Tranche or the 2020 Revolving Credit Tranche, as applicable, and shall hold the same percentage of Revolving Credit Borrowings, Revolving Credit Exposure and Revolving Credit Commitments under the 2018 Revolving Credit Tranche or 2020 Revolving Credit Tranche under this Agreement as its holdings of Group Revolving Credit Borrowings, Group Revolving Credit Exposure and Group Revolving Credit Commitments under the applicable tranche of Group Revolving Credit Commitments that “Constitute Same Class With” such tranche under each other Group Credit Agreement, respectively (such pro rata holdings referred to as the “Group Revolving Credit Facility Ratable Status”), # [reserved], # [reserved] and # upon the incurrence of any Refinancing Revolving Commitments or Refinancing Term Loans and thereafter during the term of this Agreement, to the extent the Borrower has designated any Group Refinancing Revolving Commitments or Group Refinancing Term Loans under other Group Credit Agreements as constituting the same Class, each Lender holding such Refinancing Revolving Commitments or Refinancing Term Loans shall be a Group Lender under each other Group Credit Agreement with such Group Refinancing Revolving Commitments or Group Refinancing Term Loans and shall hold the same percentage of Refinancing Revolving Commitments or Refinancing Term Loans under this Agreement as its holdings of Group Refinancing Revolving Commitments of the same Class or Group Refinancing Term Loans of the same Class under each other Group Credit Agreement (such pro rata holdings referred to as the “Group Refinancing Loans Ratable Status”).

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