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Aggregate Pro Rata Share definition

Aggregate Pro Rata Share means, when used with reference to any Lender and any described aggregate or total amount, an amount equal to the result obtained by multiplying such desired aggregate or total amount by a fraction the numerator of which shall be the aggregate principal amount of such Lender’s Loans and the denominator of which shall be aggregate of all of the Loans outstanding hereunder.
Aggregate Pro Rata Share means, as to any Lender, the percentage obtained by dividing (i) the aggregate Commitments (or, with respect to any Commitment which has terminated, the outstanding principal balance of the applicable Loans) of such Lender by (ii) the aggregate Commitments (or, with respect to any Commitment which has terminated, the outstanding principal balance of the applicable Loans) of all Lenders.
Aggregate Pro Rata Share means, with respect to any Lender, the Aggregate Commitment of such Lender as a percentage of the sum of the Aggregate Commitments of all Lenders.

Examples of Aggregate Pro Rata Share in a sentence

  • It is the intention of the Lenders that after giving effect to the foregoing, each Lender shall hold an interest in each outstanding Loan, L/C Obligation, Swing Line Loan and Acceptance equal to such Lender’s Aggregate Pro Rata Share, and each Lender agrees to take such actions as may be reasonably requested by the Administrative Agent to effect the foregoing.

  • If the amount held in the Escrow Fund is insufficient to cover the full Stipulated Amount, then, subject to the limitations contained in Section 10.3, each Effective Time Holder shall pay within ten (10) Business Days following the execution of such settlement agreement, or such shorter period of time as may be set forth in the settlement agreement, such Effective Time Holder’s Aggregate Pro Rata Share of the amount of such deficiency to the Parent Indemnitee.

  • The failure of any Bank to make available to the Administrative Agent for the account of the European Issuing Bank its Aggregate Pro Rata Share of any such payment shall not relieve any other Bank of its obligation hereunder to make available to the Administrative Agent for the account of the European Issuing Bank its Aggregate Pro Rata Share of any payment on the date such payment is to be made.

  • The failure of any Bank to make available to the Administrative Agent for the account of the Western Pacific Issuing Bank its Aggregate Pro Rata Share of any such payment shall not relieve any other Bank of its obligation hereunder to make available to the Administrative Agent for the account of the Western Pacific Issuing Bank its Aggregate Pro Rata Share of any payment on the date such payment is to be made.

  • If the Tranche E Agent so notifies such Bank prior to 2:00 P.M. (New York time) on any Business Day, such Bank shall make available to the Tranche E Agent for the account of the Tranche E Issuing Bank its Aggregate Pro Rata Share of such amount on such Business Day in same day funds (or on the next succeeding Business Day if notice is given after such time).


More Definitions of Aggregate Pro Rata Share

Aggregate Pro Rata Share means, with respect to all Lenders, at any time, the percentage obtained by dividing (i) the sum of such Lender's Term Loan One and Term Loan Two outstanding and Revolving Loan Commitment at such time (in each case as adjusted from time to time in accordance with the provisions of this Agreement) by (ii) the sum of the aggregate amount of the Term Loan One and Term Loan Two outstanding hereunder at such time and the Aggregate Revolving Loan Commitment at such time, provided, however, that if all of the Revolving Loan Commitments are terminated pursuant to the terms of this Agreement, then "Aggregate Pro Rata Share" means, with respect to any Lender at any time, the percentage obtained by dividing (x) the sum of such Lender's Term Loan One and Term Loan Two and Revolving Loans outstanding at such time (excluding the amounts outstanding on the Swing Line Loan) by (y) the sum of the aggregate amount of the Term Loan One, Term Loan Two and Revolving Loans outstanding hereunder at such time.
Aggregate Pro Rata Share means, when used with reference to any Lender and any described aggregate or total amount, an amount equal to the result obtained by multiplying such described aggregate or total amount by a fraction the numerator of which shall be such Lender’s Commitment with respect to all Facilities and the denominator of which shall be the aggregate Commitments outstanding for all Lenders or, if no Commitments are then outstanding, with respect to such Facilities, such Lender’s aggregate Loans and L/C Participations with respect to such Facilities to the total Loans and L/C Participations outstanding hereunder with respect to such Facilities, and when used with reference to any Lender’s percent interest, such fraction, expressed as a percentage.
Aggregate Pro Rata Share means, at any time of determination and with respect to any Lender, the percentage of the sum of such Lender’s Revolving Credit Extensions plus the principal amount of such Lender’s LOTLAJTL Loans in relation to the sum of all Revolving Credit Extensions and the principal amount of all LOTLAJTL Loans.
Aggregate Pro Rata Share has the meaning assigned to that term in Section 11.5.
Aggregate Pro Rata Share means the percentage obtained by dividing (x) such Lender's Term Loans and Revolving Credit Obligations by (y) the aggregate amount of all Term Loans and Revolving Credit Obligations.
Aggregate Pro Rata Share means, at any time of determination and with respect to any Lender, the percentage of the sum of such Lender’s Revolving Credit Extensions in relation to the sum of all Revolving Credit Extensions.
Aggregate Pro Rata Share means, for any Lender, the percentage (carried out to the ninth decimal place) that (a) its Committed Sum with respect to the Revolver Facility plus its Committed Sum with respect to the Term Loan Facility bears to (b) the Aggregate Committed Sums of all Lenders with respect to the Revolver Facility plus the Aggregate Committed Sums of all Lenders with respect to the Term Loan Facility. On the Closing Date, the Lenders shall make cash settlement either directly or through the Administrative Agent, as the Administrative Agent may direct or approve, with respect to all assignments and reallocations as reflected in this Section. The Borrower agrees to pay any loss, cost or expense incurred by the Lenders who are parties to the Existing Credit Agreement as a result of payments received pursuant to the reallocations and assignments herein referenced, in accordance with Section 3.05 hereof.