Pro Rata Portion, Pari Passu and Equal. The Pro Rata Share of each Bank in the Loans and the Letters of Credit shall be pari passu and equal with the Pro Rata Share of each other Bank and no Bank shall have priority over the other.
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Samples: Credit Agreement (Baker Michael Corp), Loan Agreement (Baker Michael Corp), Loan Agreement (Baker Michael Corp)
Pro Rata Portion, Pari Passu and Equal. The Pro Rata Share of each Bank in the Revolving Credit Loans and the Letters of Credit shall be pari passu and equal with the Pro Rata Share of each other Bank and no Bank shall have priority over the other.
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Pro Rata Portion, Pari Passu and Equal. The Pro Rata Share of each Bank in the Loans and the Letters of Credit all collateral therefor shall be pari passu and equal with the Pro Rata Share of each other Bank and no Bank shall have priority over the other.
Appears in 1 contract
Samples: Loan Agreement (Tuscarora Inc)
Pro Rata Portion, Pari Passu and Equal. The Pro Rata Share of each Bank in the Revolving Loans and the Letters of Credit shall be pari passu and equal with the Pro Rata Share of each other Bank and no Bank shall have priority over the other.
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