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 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.

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, as of the Deferred Payment Allocation Date, the sum of the Deferred Interest and the Deferred Letter of Credit Fee payable on such date is less than $7,000,000, the Company agrees to pay to the Administrative Agent, for the account of each Lender (other than the Term-C Lenders) in accordance with its Aggregate Pro Rata Share as of the Deferred Payment Allocation Date, a deferred amendment fee equal to the amount by which $7,000,000 exceeds such sum, such fee being payable on the Deferred Payment Date.

  • Those Lenders who are parties to the Existing Credit Agreement (each, an “Existing Credit Agreement Lender”) hereby assign, to the Lenders who are parties hereto, the Indebtedness owed to them under the Existing Credit Agreement, in proportion to each Lender’s Aggregate Pro Rata Share (as defined in this Section 10.20).

  • Those Lenders who are parties to the Existing Credit Agreement (each, an “Existing Credit Agreement Lender”) hereby assign, to the Lenders who are parties hereto, the Indebtedness owed to them under the Existing Credit Agreement, in proportion to each Lender’s Aggregate Pro Rata Share (as defined in this Section 10.18).

  • 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 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 outstanding Term Loans (other than Term-C Loans) and Revolving Loans by (y) the aggregate outstanding amount of all Term Loans (other than Term-C Loans) and Revolving Loans.
Aggregate Pro Rata Share means, at any time for any Lender, the ratio that (a) the sum of (i) such Lender’s Revolving Credit Commitment and (ii) such Lender’s outstanding Term Loan bears to (b) the Aggregate Commitment, provided, however, if the Revolving Credit Commitments have terminated or been terminated in full, the Aggregate Pro Rata Share shall be the ratio that (x) the sum of such Lender’s outstanding Revolving Credit Loans, Facility Letter of Credit Obligations and Term Loan bear to (y) the sum of all outstanding Revolving Credit Loans, Facility Letter of Credit Obligations and Term Loans and provided, further, that this definition is subject to the provisions of Section 2.02.2(c) (if and when applicable).
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.
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.