Noteholder Pro Rata Share definition

Noteholder Pro Rata Share means, with respect to each Noteholder, the percentage that the principal amount of Existing Notes held by such Noteholder bears to the total principal amount of Existing Notes held by all Noteholders immediately prior to the Effective Time;
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Noteholder Pro Rata Share means, in respect of a Noteholder, (i) the total principal amount of Notes held by that Noteholder as at the Distribution Record Date, divided by(ii) the aggregate principal amount of Notes held by all Noteholders as at the Distribution Record Date;
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Noteholder Pro Rata Share means, with respect to any Noteholder, the percentage, rounded to the nearest tenth of a percent, obtained by dividing (i) the aggregate principal amount of all Outstanding Second Lien Notes held by such Noteholder on the Commitment Record Date by (ii) the aggregate principal amount of all Outstanding Second Lien Notes held by all holders of Outstanding Second Lien Notes (including any Backstop Parties) on the Commitment Record Date.
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Examples of Noteholder Pro Rata Share in a sentence

  • On the Effective Date, and in accordance with the times, steps and in the sequence set forth in Section 4.4, each Noteholder shall receive: its Noteholder Pro Rata Share of the New Secured Notes Pool; its Noteholder Pro Rata Share of the New Common Share Pool; and if such Noteholder is a Consenting Noteholder, its Consenting Noteholder Pro Rata Share of the Early Consent Notes Pool, all of which shall, and shall be deemed to, be received in full and final settlement of its Notes and its Noteholder Claims.


More Definitions of Noteholder Pro Rata Share

Noteholder Pro Rata Share means the Class A Noteholder Pro Rata Share or the Class B Noteholder Pro Rata Share, as applicable.
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Noteholder Pro Rata Share is defined in Section 2.1.1
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Noteholder Pro Rata Share means, with respect to any Noteholder, the percentage, rounded to the nearest tenth of a percent, obtained by dividing (i) the aggregate principal amount of all Outstanding Second Lien Notes held by such Noteholder on the Commitment Record Date by
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Noteholder Pro Rata Share means, at any time with respect to the holders of the Series 1999-A Notes, the Series 2001-A Notes, the Series 2002-A Notes and the Series 2003-A, Tranche 3, Floating Rate Notes, the Pro Rata Share, multiplied by a fraction (a) the numerator of which is the outstanding principal amount of all such Notes held by such holders at such time, and (b) the denominator of which is the aggregate principal amount of All Notes of All Series outstanding at such time.
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Related to Noteholder Pro Rata Share

  • Holder Pro Rata Amount means a fraction (i) the numerator of which is the original Principal amount of this Note on the Closing Date and (ii) the denominator of which is the aggregate original principal amount of all Notes issued to the initial purchasers pursuant to the Securities Purchase Agreement on the Closing Date.

  • Pro Rata Share As to any Distribution Date, the Subordinated Principal Distribution Amount and any Class of Subordinated Certificates, the portion of the Subordinated Principal Distribution Amount allocable to such Class, equal to the product of the Subordinated Principal Distribution Amount on such Distribution Date and a fraction, the numerator of which is the related Class Certificate Balance thereof and the denominator of which is the aggregate of the Class Certificate Balances of the Subordinated Certificates.

  • Non Pro Rata Loan is defined in Section 9.2 hereof.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender, the percentage of the total Revolving Facility Commitments represented by such Lender’s Revolving Facility Commitment. If the Revolving Facility Commitments have terminated or expired, the Revolving Facility Percentages shall be determined based upon the Revolving Facility Commitments most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of all Revolving Loans then outstanding; provided that in the event that the Revolving Loans are paid in full prior to the reduction to zero of the Total Revolving Commitments, the Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding Revolving Extensions of Credit shall be held by the Revolving Lenders on a comparable basis.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Ratable Share means, for any Guarantor in respect of any payment of Obligations, the ratio (expressed as a percentage) as of the date of such payment of Obligations of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of all of the Loan Parties exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties hereunder) of the Loan Parties; provided, however, that, for purposes of calculating the Ratable Shares of the Guarantors in respect of any payment of Obligations, any Guarantor that became a Guarantor subsequent to the date of any such payment shall be deemed to have been a Guarantor on the date of such payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such payment; and (c) “Contribution Share” shall mean, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Loan Parties other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties) of the Loan Parties other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 10.06 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under Law against the Borrower in respect of any payment of Obligations.

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Allocable Percentage means, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency, bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

  • Pro Rata Percentage of any Revolving Credit Lender at any time shall mean the percentage of the Total Revolving Credit Commitment represented by such Lender’s Revolving Credit Commitment. In the event the Revolving Credit Commitments shall have expired or been terminated, the Pro Rata Percentages shall be determined on the basis of the Revolving Credit Commitments most recently in effect, giving effect to any subsequent assignments.

  • Class A Percentage means 100% minus the Class B Percentage.

  • Participation Amount as defined in Section 3.4(b).