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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)

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

Appears in 1 contract

Samples: Credit Agreement (Prentiss Properties Trust/Md)