Facility A Pro Rata Share definition

Facility A Pro Rata Share means, at any time for any Facility A Lender, the ratio that such Facility A Lender’s Facility A Commitment bears to the Aggregate Facility A Commitment.

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Facility A Pro Rata Share means, as to any Facility A Bank at any time, the percentage equivalent (expressed as a decimal, rounded to the ninth decimal place) at such time of such Facility A Bank's Facility A Exposure divided by the combined Facility A Exposure of all Facility A Banks. "Facility A Termination Date" means November 17, 2005 or such later date to which the Facility A Termination Date is extended pursuant to Section 2.6, unless the Facility A Commitments or this Agreement are earlier cancelled or terminated pursuant to the terms hereof. "Facility B Advance" means a borrowing hereunder consisting of the aggregate amount of the several Facility B Loans made by some or all of the Facility B Banks to the Borrower on the same Borrowing Date, at the same Rate Option (or on the same interest basis in the case of Competitive Facility B Bid Advances) and for the same Interest Period and includes a Competitive Facility B Bid Advance. "Facility B Bank" means a Bank having a Facility B Commitment as set forth on Schedule 3 hereof and its successors and assigns. "Facility B Commitment" means, for each Facility B Bank, the obligation of the Facility B Bank to make Facility B Loans not exceeding the amount set forth opposite the Facility B Bank's name in Schedule 3 hereof, as such amount may be modified from time to time pursuant to the terms of this Agreement (collectively, the "Facility B Commitments"); provided that if the Facility B Term Loans are made, "Facility B Commitment" means, for each Facility B Bank, the outstanding principal amount of the Facility B Term Loans made by such Facility B Bank, and "Facility B Commitments" means the aggregate principal amount of all Facility B Term Loans. "Facility B Exposure" means, as to any Facility B Bank, the Exposure of such Facility B Bank with respect to its Facility B Commitment and its Facility B Loans. "Facility B Loan" means a Loan made to the Borrower pursuant to Section 2.1(b) or a Facility B Term Loan. "Facility B Pro Rata Share" means, as to any Facility B Bank at any time, the percentage equivalent (expressed as a decimal, rounded to the ninth decimal place) at such time of such Facility B Bank's Facility B Exposure divided by the combined Facility B Exposure of all Facility B Banks. "Facility B Termination Date" means November 16, 2001 or such later date to which the Facility B Termination Date is extended pursuant to Section 2.7, unless the Facility B Commitments or this Agreement are earlier cancelled or terminated pursua...

Facility A Pro Rata Share means the quotient obtained by dividing the total Facility A Commitment by a particular Bank's Facility A Commitment.

Examples of Facility A Pro Rata Share in a sentence

The Borrower shall pay to the Administrative Agent for the account of each Facility A Bank in accordance with its Facility A Pro Rata Share, a facility fee equal to the Applicable Facility Fee Rate times the actual daily amount of the Facility A Commitments, regardless of usage.
Notwithstanding the foregoing, Borrower shall not be obligated to make a Deficiency Deposit if at any time the Loan is not “In Balance” as a result of a failure of a Facility A Lender to fund its Facility A Pro Rata Share of a Facility A Loan in accordance with the terms of this Agreement and so long as Borrower has funded such Defaulting Lender’s Facility A Pro Rata Share of such Facility A Loan.
If New Loans are made on the Motorola Drawdown Date, the amount of the Loans shall be redivided into Facility B Loans (constituting 25.4885302% of the principal amount of the Loans) and Facility A Loans (constituting the remainder of the principal amount of the Loans), with each Facility A Bank having its Facility A Pro Rata Share of the Facility A Loans and each Facility B Bank having its Facility B Pro Rata Share of the Facility B Loans.
The Applicable Agent will promptly notify each Facility A Domestic Bank, Facility A Canadian Bank or Facility B Bank of its receipt of any such notice, and of such Bank's Facility A Pro Rata Share or Facility B Pro Rata Share, as applicable of such prepayment.
All advances of Facility A Loans made by the Facility A Lenders to Borrower shall be advanced ratably among the Facility A Lenders based on the amount of each Facility A Lender’s Facility A Pro Rata Share.
The Applicable Agent will promptly distribute to each Facility A Domestic Bank, Facility A Canadian Bank or Facility B Bank, as applicable, its Facility A Pro Rata Share or Facility B Pro Rata Share, as applicable, (or other applicable share as expressly provided herein) of such payment in like funds as received.
The Borrower shall pay to the Administrative Agent for the account of each Facility A Bank in accordance with its Facility A Pro Rata Share, a utilization fee of 0.10% times the actual daily aggregate outstanding Facility A Loans on each day that the aggregate outstanding amount of the Facility A Loans and the Facility B Loans exceeds 33.0% of the Facility A Commitments and the Facility B Commitments.
Any reduction of the Facility A Commitments shall be applied to each Facility A Bank according to its Facility A Pro Rata Share.

More Definitions of Facility A Pro Rata Share

Facility A Pro Rata Share. With respect to a Facility A Lender, a percentage equal to a fraction the numerator of which is such Facility A Lender’s Facility A Commitment and the denominator of which is the Facility A Commitment Amount (or if the Facility A Commitments have terminated or expired, the Facility A Pro Rata Share shall be determined based upon such Facility A Lender’s share of the outstanding principal amount of the Facility A Loans).

Facility A Pro Rata Share means, when used with reference to any Facility A Bank, (i) on either Drawdown Date, the "Facility A Percentage" shown next to such Bank's name on Schedule 1 hereto and (ii) after the last Drawdown Date, a fraction the numerator of which shall be such Bank's Facility A Loans and the denominator of which shall be the aggregate Facility A Loans outstanding for all Facility A Banks.

Facility A Pro Rata Share. (i) definition of "L/C Advance"; (ii) subsection 3.3(a); (iii) subsection 3.3(c); (iv) subsection 3.4(a); and (v) subsection 3.4(b).

Facility A Pro Rata Share means, as to any Facility A Bank at any ------------------------- time, the percentage equivalent (expressed as a decimal, rounded to the ninth decimal place) at such time of such Facility A Bank's Facility A Exposure divided by the combined Facility A Exposure of all Facility A Banks (including, in each case, Exposure of Affiliate Banks).