A heating, ventilation, air conditioning and refrigeration (HVAC&R) system having a compressor, a heat exchanger, an expansion valve, and a multichannel heat exchanger connected in a closed refrigerant loop. The multichannel heat exchanger has at least two fluid flow paths cooled by a flow of air from an air-moving device through the multichannel heat exchanger. Each of the at least two fluid flow paths have an inlet and an outlet in communication there between. The multichannel heat exchanger also has at least one flow regulator disposed in at least one outlet to regulate through at least one fluid flow path in response to the air flow through the heat exchanger to achieve a substantially equal temperature of a fluid flowing in the at least two flow paths.