Class A Pro Rata Share definition

Class A Pro Rata Share means, with respect to any Class A Member at any time, the quotient (expressed as a percentage) of (a) the Class A Common Units held by such Class A Member at the time of determination, divided by (b) the aggregate number of outstanding Class A Common Units held by all Class A Members at such time.
Class A Pro Rata Share means for each Company Stockholder, a fraction expressed as a percentage equal to (i) the number of shares of Company Class A Common Stock held immediately prior to the Effective Time by such Company Stockholder divided by (ii) the total number of shares of Company Class A Common Stock issued and outstanding prior to the Effective Time.
Class A Pro Rata Share means 84.25/95.

Examples of Class A Pro Rata Share in a sentence

  • If the proposed contributions by the Contributing Members exceed the Unfunded Contribution, then each Contributing Member may fund a portion of the Unfunded Contribution on a pro rata basis according to the respective Class A Pro Rata Share or Class B Pro Rata Share (as applicable) of such Contributing Members in place of such Non-Contributing Member.

  • In the event that any Class A Member elects not to purchase its full Class A Pro Rata Share of Additional Interests or to fund its Class A Pro Rata Share of any Member Loan, then the other Class A Members that subscribed for their full Class A Pro Rata Share (the “Fully Participating Members”) may purchase or fund any or all of the remaining portion of such Additional Interests or Member Loan (the “Excess Financing”) on the same terms and conditions.

  • In any Exercise Notice, the Member electing to exercise its pre-emptive rights pursuant to this Section 3.3 (each, an “Electing Member”) shall specify the number of Pre-emptive Securities, up to its Class A Pro Rata Share, that it desires to purchase.

  • The Fully Participating Members shall be entitled to purchase or fund their Class A Pro Rata Share of such Excess Financing, as well as any Excess Financing not subscribed for by the other Fully Participating Members (which will also be allocated on a pro rata basis).

  • The Administrative Agent shall promptly forward a copy of each Borrowing Notice to each Class A Lender or Class B Lender, as applicable, and simultaneously notify such Lenders of the amounts of Advances included in such Borrowing and each Lender of its share of such Advances; provided, that with respect to Class A Lenders, such share shall be equal to such Class A Lender’s Class A Pro Rata Share and with respect to Class B Lenders such share shall be determined pursuant to the Class B Side Letter.

  • Upon the occurrence of a Funding Shortfall with respect to a Class A Lender, each of the remaining Class A Lenders shall be responsible for funding an amount equal to its Class A Pro Rata Share of the amount giving rise to such Funding Shortfall; provided, that no Class A Lender shall be responsible for funding any amounts that, after giving effect to such proposed funding, would cause the aggregate outstanding Class A Advances for such Class A Lender to exceed such Class A Lender’s Commitment.

  • At the Effective Time, each issued and outstanding Company Class A Interest (other than those described in Section 2.9(c)) will automatically be cancelled and cease to exist in exchange for the right to receive the Class A Merger Consideration Shares, with each Seller being entitled to receive its Class A Pro Rata Share of the Class A Merger Consideration Shares, without interest, upon delivery of the Class A Transmittal Documents in accordance with Section 2.11(d).

  • Each Class A Lender’s Outstanding Class A Pro Rata Share of any such prepayment shall be applied to the outstanding Class A Advances funded by such Class A Lender.

  • The obligation of each Class A Alternate Investor to remit its Class A Pro Rata Share of any Class A Incremental Funding shall be several from that of each other Class A Alternate Investor, and the failure of any Class A Alternate Investor to so make such amount available to the Agent shall not relieve any other Class A Alternate Investor of its obligation hereunder.

  • The aggregate amount of Advances to be made pursuant to any Funding Request (the aggregate amount of Advances made pursuant to a Funding Request being an "Aggregate Advance") shall be made under the Class A Notes in an amount equal to the Class A Pro Rata Share times such Aggregate Advance and under the Class B Notes in an amount equal to the Class B Pro Rata Share times such Aggregate Advance.


More Definitions of Class A Pro Rata Share

Class A Pro Rata Share means, with respect to any Class A Lender, the Class A Exposure of such Class A Lender divided by the Class A Exposure of all Class A Lenders.
Class A Pro Rata Share means, for a Class A Alternate Investor, (i) the Class A Commitment of such Class A Alternate Investor divided by the sum of the Class A Commitments of all Class A Alternate Investors or (ii) if the Commitments shall have been terminated, its pro rata share of the Class A Alternate Investor Percentage of the Class A Funded Amount.
Class A Pro Rata Share means, with respect to any Class A Letter of Credit Provider, as of any date, the fraction (expressed as a percentage) obtained by dividing (A) the available amount under such Class A Letter of Credit Provider’s Class A Letter of Credit as of such date by (B) an amount equal to the aggregate available amount under all Class A Letters of Credit, as of such date; provided, that if such Class A Letter of Credit Provider has not complied with its obligation to pay the Trustee the amount of any draw under its Class A Letter of Credit made prior to such date, the available amount under such Class A Letter of Credit Provider’s Class A Letter of Credit as of such date shall be treated as reduced (for calculation purposes only) by the amount of such unpaid demand and shall not be reinstated for purposes of such calculation unless and until the date as of which such Class A Letter of Credit Provider has paid such amount to the Trustee and been reimbursed by the Lessee for such amount (provided that the foregoing calculation shall not in any manner reduce a Class A Letter of Credit Provider’s actual liability in respect of any failure to pay any demand under its Class A Letter of Credit).
Class A Pro Rata Share means, the Outstanding Class A Pro Rata Share.
Class A Pro Rata Share means, as to any Purchaser, the percentage set forth opposite its name on the signature page hereof.