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;
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
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

Examples of Noteholder Pro Rata Share in a sentence

  • On or before each date the Company is required to deliver its quarterly financial statements to the holders of the Notes pursuant to Section 7.1(a) hereof with respect to the fiscal quarter of the Company then most recently ended, the Company shall prepay the Notes in an aggregate amount equal to the Noteholder Pro Rata Share of Excess Cash Flow for such fiscal quarter.

  • Each Class A Noteholder's Advance as part of such Aggregate Advance shall be in an amount equal to its Class A Noteholder Pro Rata Share of the Class A Noteholder Advances which are part of such Aggregate Advance, and each Class B Noteholder's Advance as part of such Aggregate Advance shall be in an amount equal to its Class B Noteholder Pro Rata Share of the Class B Noteholder Advances which are part of such Aggregate Advance.


More Definitions of Noteholder Pro Rata Share

Noteholder Pro Rata Share is defined in Section 2.1.1
Noteholder Pro Rata Share means the Class A Noteholder Pro Rata Share or the Class B Noteholder Pro Rata Share, as applicable.
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.
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.