Lender Revolving Commitment Amount Pro Rata Share Clause Samples
The 'Lender Revolving Commitment Amount Pro Rata Share' clause defines how each lender's share of the total revolving credit commitment is calculated in a syndicated loan agreement. It typically specifies that each lender's pro rata share is determined by dividing their individual commitment by the aggregate commitments of all lenders. For example, if a lender has committed $10 million out of a $100 million total facility, their pro rata share would be 10%. This clause ensures that all advances, repayments, and other financial obligations are allocated fairly among the lenders according to their respective commitments, thereby promoting equitable risk and return distribution.
Lender Revolving Commitment Amount Pro Rata Share. CIBC Bank USA $80,000,000 18.934911242% Rabobank $47,500,000 11.242603550% Brown Brothers ▇▇▇▇▇▇▇▇ $40,000,000 9.467455621% Cal Bank & Trust $40,000,000 9.467455621% Natixis, New York Branch $40,000,000 9.467455621% Deutsche Bank AG, Amsterdam Branch $40,000,000 9.467455621% Heartland Financial $35,000,000 8.284023668% Industrial and Commercial Bank of China Limited, New York Branch $30,000,000 7.100591715% HSBC $27,500,000 6.508875739% BOKF, NA dba Bank of Oklahoma $22,500,000 5.325443786% Sunwest Bank $20,000,000 4.733727810% TOTALS $422,500,000 100% */ Carry out to nine decimal places. A-MARK PRECIOUS METALS, INC., as Borrower ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ El Segundo, California 90245 Attention: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Email: ▇▇▇▇@▇▇▇▇▇.▇▇▇ ▇▇▇▇ & ▇▇▇▇▇, LLP ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ Malibu, CA 90265 Attention: ▇▇▇▇▇▇▇ ▇▇▇▇ Fax No. (▇▇▇) ▇▇▇-▇▇▇▇ Email: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ CIBC BANK USA, as Agent, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and a Lender
Lender Revolving Commitment Amount Pro Rata Share. CIBC Bank USA $80,000,000 17.505470460% Rabobank $52,500,000 11.487964989% Brown Brothers ▇▇▇▇▇▇▇▇ $40,000,000 8.752735230% Cal Bank & Trust $40,000,000 8.752735230% Natixis, New York Branch $40,000,000 8.752735230% Deutsche Bank AG, Amsterdam Branch $40,000,000 8.752735230% Industrial and Commercial Bank of China Limited, New York Branch $40,000,000 8.752735230% Premier Valley Bank, a division of UMB Bank N.A. $37,000,000 8.096280088% Sunwest Bank $30,000,000 6.564551422% BOKF, NA dba Bank of Oklahoma $30,000,000 6.564551422% HSBC $27,500,000 6.017505470% TOTALS $457,000,000 100% */ Carry out to nine decimal places.
Lender Revolving Commitment Amount Pro Rata Share. CIBC Bank USA $80,000,000 17.505470460% Rabobank $52,500,000 11.487964989% Brown Brothers ▇▇▇▇▇▇▇▇ $40,000,000 8.752735230% Cal Bank & Trust $40,000,000 8.752735230% Natixis, New York Branch $40,000,000 8.752735230% Deutsche Bank AG, Amsterdam Branch $40,000,000 8.752735230% Industrial and Commercial Bank of China Limited, New York Branch $40,000,000 8.752735230% Heartland Financial $37,000,000 8.096280088% Sunwest Bank $30,000,000 6.564551422% BOKF, NA dba Bank of Oklahoma $30,000,000 6.564551422% HSBC $27,500,000 6.017505470% TOTALS $457,000,000 100% */ Carry out to nine decimal places.