Common use of Pro Rata Clause in Contracts

Pro Rata. Each payment or prepayment shall be distributed to each Lender in accordance with its Pro Rata Part of that payment or prepayment.

Appears in 16 contracts

Samples: Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx)

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Pro Rata. Each payment or prepayment shall be distributed to each Lender in accordance with its Pro Rata Part of that payment or prepayment.

Appears in 2 contracts

Samples: Credit Agreement (Ultrak Inc), Credit Agreement (Ultrak Inc)

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Pro Rata. Each payment or prepayment (other than pursuant to CLAUSE (b)(iv), which payments shall be made pro rata) shall be distributed to each Lender in accordance with its Pro Rata Part of that payment or prepayment.

Appears in 1 contract

Samples: Credit Agreement (Affiliated Computer Services Inc)

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