Initial Pro Rata Share definition

Initial Pro Rata Share means the fraction that is equal to (a) the amount of the Proven Claim of a General Unsecured Creditor, divided by (b) the aggregate amount of the Proven General Unsecured Claims and Disputed Distribution Claims.

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Initial Pro Rata Share means the ratio (expressed as a percentage) of the amount of an Allowed General Unsecured Claim to the sum of the aggregate amounts of (i) all Allowed General Unsecured Claims as of the Effective Date and (ii) all Disputed General Unsecured Claims that the Reorganized Debtors, on the Effective Date, reasonably estimate will be Allowed when the allowance or disallowance of each Disputed General Unsecured Claim is ultimately determined (with an appropriate amount included for as yet unresolved General Unsecured Claims).

Initial Pro Rata Share means, with respect to any Holder or Carve-Out Participant, the proportion that (a) the portion of the Initial Merger Consideration Value and/or Initial Carve-Out Payment, as the case may be, paid or finally determined to be payable to such Holder or Carve-Out Participant pursuant to this Agreement bears to (b) the Initial Payment.

Examples of Initial Pro Rata Share in a sentence

Tenant’s Initial Pro Rata Share is set forth in Section 1.08 and is subject to adjustment based on the aforementioned formula.
Accordingly, the Property Rentable Area, Premises Rentable Area, Tenant’s Initial Pro Rata Share and Base Rent are subject to adjustment before the Lease Commencement Date by mutual written agreement of the parties.
PAYMENTS INCLUDED AS RENT - REVISED TO READ IN FULL AS FOLLOWS: (i) Real Property Taxes (See Section 4.02); (ii) Utilities (See Section 4.03); (iii) Insurance Premiums (See Section 4.04); (iv) Tenant's Initial Pro Rata Share of Common Area Expenses presently at 25.67% shall be increased to (46.7%) effective November 1, 1999.
On the Effective Date, or as soon as practicable thereafter, the Company shall issue to each holder of an Allowed Claim as of the Effective Date a number of Class A Units equal to such holder’s Estimated Initial Pro Rata Share multiplied by 9,500,000, as set forth on Schedule A-1, and each such holder shall be a Class A Member as of the Effective Date upon execution and delivery to the Company of a counterpart signature page to this Agreement.
Notwithstanding anything else contained in this Lease to the contrary, Tenant’s Pro Rata Share shall not at any time exceed the Initial Pro Rata Share.
Commencing November 1, 1997 the Tenant's Initial Pro Rata Share for the building shall be 13.15%, and commencing February 1, 1998 the Tenants Initial Pro Rata Share shall be 33.27%.
During the ten (10) day period commencing after such information is given, each Fully-Exercising Investor may elect to purchase that portion of the Shares for which Major Investors were entitled to subscribe, but which were not subscribed for by the Major Investors, that is equal to the proportion that the Initial Pro Rata Share of such Fully-Exercising Investor bears to the aggregate Initial Pro Rata Share of all Fully-Exercising Investors.
PAYMENTS (i) Real Property Taxes above the "Base Real Property Taxes" (See Section 4.02); (ii) Utilities (See Section 4.03); (iii) increased Insurance Premiums above "Base Premiums" (See Section 4.04); (iv) Tenant's Initial Pro Rata Share of Common Area Expenses 10.75 % (See Section 4.05); (v) Impounds for Tenant's Share of Insurance Premiums and Property Taxes (See Section 4.08); (vi) Maintenance Repairs and Alterations (See Article Six).

More Definitions of Initial Pro Rata Share

Initial Pro Rata Share means, for any Lender, subject to any adjustments provided pursuant to SECTION 2.1(a), (x) the sum of such Lender's Original Loans on the Closing Date, immediately prior to giving effect to the Transactions DIVIDED BY (y) the sum of the total Original Loans of all Lenders outstanding on the Closing Date, immediately prior to giving effect to the Transactions.

Initial Pro Rata Share means, for any Lender, subject to any adjustments provided pursuant to Section 2.1(a), (x) the sum of such Lender’s Original Loans on the Closing Date, immediately prior to giving effect to the Transactions divided by (y) the sum of the total Original Loans of all Lenders outstanding on the Closing Date, immediately prior to giving effect to the Transactions.