We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

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 Share of such payment or prepayment.

Appears in 12 contracts

Samples: Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md)

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

Appears in 2 contracts

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

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 Share Part of such that payment or prepayment.

Appears in 1 contract

Samples: Credit Agreement (Affiliated Computer Services Inc)