Aggregate Pro Rata Share definition
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).