OBLIGATED TO, IN THE CASE OF THE LOANS, FOR APPLICATION TO SUCH
PRINCIPAL REPAYMENT INSTALLMENTS THEREOF, AS THE ADMINISTRATIVE AGENT SHALL
DIRECT, AND IN OTHER CASES, ELECT TO, DISTRIBUTE SUCH FUNDS TO EACH OF THE
LENDERS IN ACCORDANCE WITH SUCH LENDER'S PRO RATA SHARE OF THE AGGREGATE
PRINCIPAL AMOUNT OF THE LOANS OUTSTANDING AT SUCH TIME, IN REPAYMENT OR
PREPAYMENT OF SUCH OF THE OUTSTANDING LOANS OR OTHER OBLIGATIONS THEN OWING TO
SUCH LENDER.
(E)
SUBJECT TO ANY CONTRARY PROVISIONS IN THE DEFINITION OF "INTEREST
PERIOD," IF ANY PAYMENT UNDER THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS
IS SPECIFIED TO BE MADE ON A DAY WHICH IS NOT A BUSINESS DAY, IT SHALL BE MADE
ON THE NEXT BUSINESS DAY, AND SUCH EXTENSION OF TIME SHALL IN SUCH CASE BE
INCLUDED IN COMPUTING INTEREST AND FEES, IF ANY, IN CONNECTION WITH SUCH
PAYMENT; PROVIDED, HOWEVER, THAT,
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IF SUCH EXTENSION WOULD CAUSE PAYMENT OF INTEREST ON OR PRINCIPAL OF EURODOLLAR
LOANS TO BE MADE IN THE NEXT FOLLOWING CALENDAR MONTH, SUCH PAYMENT SHALL BE
MADE ON THE NEXT PRECEDING BUSINESS DAY.
(F)
UNLESS THE ADMINISTRATIVE AGENT SHALL HAVE RECEIVED NOTICE FROM
DURATEK PRIOR TO THE DATE ON WHICH ANY PAYMENT IS DUE TO ANY LENDER HEREUNDER
THAT DURATEK WILL NOT MAKE SUCH PAYMENT IN FULL, THE ADMINISTRATIVE AGENT MAY
ASSUME THAT DURATEK HAS MADE SUCH PAYMENT IN FULL TO THE ADMINISTRATIVE AGENT ON
SUCH DATE AND THE ADMINISTRATIVE AGENT MAY, IN RELIANCE UPON SUCH ASSUMPTION,
CAUSE TO BE DISTRIBUTED TO EACH SUCH LENDER ON SUCH DUE DATE AN AMOUNT EQUAL TO
THE AMOUNT THEN DUE SUCH LENDER.
IF AND TO THE EXTENT DURATEK SHALL NOT HAVE SO
MADE SUCH PAYMENT IN FULL TO THE ADMINISTRATIVE AGENT, EACH SUCH LENDER SHALL
REPAY TO THE ADMINISTRATIVE AGENT FORTHWITH ON DEMAND SUCH AMOUNT DISTRIBUTED TO
SUCH LENDER TOGETHER WITH INTEREST THEREON, FOR EACH DAY FROM THE DATE SUCH
AMOUNT IS DISTRIBUTED TO SUCH LENDER UNTIL THE DATE SUCH LENDER REPAYS SUCH
AMOUNT TO THE ADMINISTRATIVE AGENT, AT THE FEDERAL FUNDS RATE.
SECTION 2.11
REIMBURSEMENT.
(A)
WHENEVER ANY LENDER SHALL SUSTAIN OR INCUR ANY LOSSES OR
OUT-OF-POCKET EXPENSES IN CONNECTION WITH (I) FAILURE BY DURATEK TO BORROW ANY
EURODOLLAR LOAN AFTER HAVING GIVEN NOTICE OF ITS INTENTION TO BORROW IN
ACCORDANCE WITH SECTION 2.2 HEREOF (WHETHER BY REASON OF DURATEK'S ELECTION NOT
TO PROCEED OR THE NON-FULFILLMENT OF ANY OF THE CONDITIONS SET FORTH IN
ARTICLE 3), OR (II) PAYMENT OF ANY EURODOLLAR LOAN IN WHOLE OR IN PART PURSUANT
TO SECTION 2.2(A)(II), 2.6, 2.8 OR 10.2, ACCELERATION OF THE MATURITY OF THE
LOANS PURSUANT TO SECTION 8.2 OR FOR ANY OTHER REASON, DURATEK AGREES TO PAY TO
SUCH LENDER, UPON DEMAND, AN AMOUNT SUFFICIENT TO COMPENSATE SUCH LENDER FOR ALL
SUCH LOSSES AND REASONABLE OUT-OF-POCKET EXPENSES.
SUCH LENDER'S GOOD FAITH
DETERMINATION OF THE AMOUNT OF SUCH LOSSES OR OUT-OF-POCKET EXPENSES, AS SET
FORTH IN WRITING PURSUANT TO SECTION 2.11(B) HEREOF, AND ACCOMPANIED BY
CALCULATIONS IN REASONABLE DETAIL DEMONSTRATING THE BASIS