Common use of Pro Rata Loans Clause in Contracts

Pro Rata Loans. Each Loan shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Shares, with each Borrowing to consist of a Loan by each Lender equal to such Lender’s Proportionate Share of such Borrowing.

Appears in 15 contracts

Samples: Credit Agreement (Tampa Electric Co), Credit Agreement (Tampa Electric Co), Credit Agreement (Teco Energy Inc)

AutoNDA by SimpleDocs

Pro Rata Loans. Each Revolving Loan shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Shares, with each Revolving Borrowing to consist of a Revolving Loan by each Lender equal to such Lender’s Proportionate Share of such Borrowing.

Appears in 12 contracts

Samples: Credit Agreement (Tampa Electric Co), Credit Agreement (Tampa Electric Co), Credit Agreement (Tampa Electric Co)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesShare, with each the Borrowing of Loans to consist be comprised of a Loan by each Lender equal to such Lender’s Proportionate Share of such the Borrowing.

Appears in 8 contracts

Samples: Loan Agreement (Vivint Solar, Inc.), Loan Agreement (Vivint Solar, Inc.), Loan Agreement (Vivint Solar, Inc.)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders Banks in accordance with their respective Proportionate SharesShares of such Loans, with each Borrowing to consist of a Loan by each Lender Bank equal to such Lender’s Bank's Proportionate Share of such Borrowing.

Appears in 4 contracts

Samples: Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesShares of such Loans, with each the Borrowing of Loans to consist be comprised of a the applicable Loan by each Lender equal to such Lender’s Proportionate Share of such the Borrowing.

Appears in 4 contracts

Samples: Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.)

Pro Rata Loans. Each Loan shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Shares, with each Borrowing to consist of a Loan by each Lender equal to such Lender’s 's Proportionate Share of such Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Teco Energy Inc), Credit Agreement (Teco Energy Inc)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders Banks in accordance with their respective Proportionate SharesShares of such Loans, with each Borrowing to consist of a Loan by each Lender Bank equal to such Lender’s Bank's Proportionate Share of such BorrowingLoans.

Appears in 2 contracts

Samples: Credit Agreement (Ormat Technologies, Inc.), Credit Agreement (Ormat Technologies, Inc.)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Shares, with each Borrowing to consist of a Loan by each Lender equal to such Lender’s Proportionate Share of such Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders Groups in accordance with their respective Proportionate Shares, with each Borrowing the Borrowings of Loans to consist be comprised of a Loan by each Lender Group equal to such LenderGroup’s Proportionate Share of the aggregate amount of all Borrowings requested by Borrower with respect to such BorrowingBorrowing Date.

Appears in 2 contracts

Samples: Loan Agreement (Solarcity Corp), Required Group Agent Action No. 2 (Solarcity Corp)

Pro Rata Loans. Each Loan shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesCommitments of the applicable Class, with each Borrowing to consist of a Loan by each Lender equal to such Lender’s Proportionate Share pro rata share of such Borrowing.

Appears in 1 contract

Samples: Senior Unsecured Bridge Credit Agreement (Teco Energy Inc)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesShares of such Loans, with each Borrowing to consist of a Loan by each Lender equal to such Lender’s Proportionate Share of such BorrowingLoan.

Appears in 1 contract

Samples: Credit Agreement (First Wind Holdings Inc.)

Pro Rata Loans. Each Revolving Loan shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesShares of the Facility under which such Revolving Loan is made, with each Borrowing to consist of a Revolving Loan by each Lender equal to such Lender’s 's Proportionate Share of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Teco Energy Inc)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Shares, with each Borrowing the Borrowings of Loans to consist be comprised of a Loan by each Lender equal to such Lender’s Proportionate Share of the aggregate amount of all Borrowings requested by Borrower with respect to such BorrowingBorrowing Date.

Appears in 1 contract

Samples: Credit Agreement (Solarcity Corp)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders Banks in accordance with their respective Proportionate SharesShares of such Loans, with each Borrowing Loan to consist of a Loan by each Lender Bank equal to such Lender’s Bank's Proportionate Share of such BorrowingLoan.

Appears in 1 contract

Samples: Credit Agreement (NRG Energy Inc)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesShare, with each the Borrowing of Loans to consist be comprised of a Loan by each Lender equal to such Lender’s 's Proportionate Share of such the Borrowing.

Appears in 1 contract

Samples: Financing Agreement (Central Vermont Public Service Corp)

AutoNDA by SimpleDocs

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesShares of such Loans, with each Borrowing to consist collectively of a Loan the total of the Loans by each Lender equal to such Lender’s 's Proportionate Share of such BorrowingLoan.

Appears in 1 contract

Samples: Credit Agreement (Renegy Holdings, Inc.)

Pro Rata Loans. Each The Loan shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Shares, with each Borrowing to consist of a Loan by each Lender equal to such Lender’s Proportionate Share of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Teco Energy Inc)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesShare, with each the Borrowing of Loans to consist be comprised of a Loan by each Lender equal to such Lender’s Proportionate Share of such the Borrowing. Trapper Loan Agreement [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Loan Agreement (Solarcity Corp)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Shares, with each Borrowing or funding of LC Loans, as applicable, to consist be comprised of a Loan by each Lender equal to such Lender’s Proportionate Share of such BorrowingBorrowing or funding of LC Loans, as applicable.

Appears in 1 contract

Samples: Financing Agreement (Fuelcell Energy Inc)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesShares of such Loans, with each Borrowing to consist collectively of a Loan the total of the Loans by each Lender equal to such Lender’s Proportionate Share of such BorrowingLoan.

Appears in 1 contract

Samples: Credit Agreement (Renegy Holdings, Inc.)

Pro Rata Loans. Each Revolving Loan shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Shares, with each Borrowing to consist of a Revolving Loan by each Lender equal to such Lender’s 's Proportionate Share of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Tampa Electric Co)

Pro Rata Loans. Each Loan The Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Shares, with each the Borrowing to consist of a Loan by each Lender equal to such Lender’s Proportionate Share of such Borrowingthereof.

Appears in 1 contract

Samples: Loan Agreement (Teco Energy Inc)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesShares of such Loans, with each Borrowing to consist of a Loan by each Lender equal to such Lender’s 's Proportionate Share of such BorrowingLoan.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

Pro Rata Loans. Each Loan All Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate SharesShare, with each the Borrowing of Loans to consist [***] DESIGNATES PORTIONS OF THIS DOCUMENT THAT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE COMMISSION. be comprised of a Loan by each Lender equal to such Lender’s Proportionate Share of such the Borrowing.

Appears in 1 contract

Samples: Loan Agreement (Vivint Solar, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!