Pro Rata Payments definition

Pro Rata Payments means the Total Tris Payments, minus an amount equal to $100,000 times the number of Products and Suspensions for which Product Details have been delivered under this Agreement, minus the Additional Suspension Payments (as defined in Section 2.3.1.1.4 below) for any Suspension for which Product Details have been delivered under this Agreement.
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Pro Rata Payments. Any payments made to any holder of any outstanding Notes (whether for principal, ------------------ interest or otherwise) shall be made pro rata among all holders of outstanding Notes.
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Examples of Pro Rata Payments in a sentence

  • Each Bank will on request supply to the Facility Agent such information as the Facility Agent may from time to time request for the purpose of this Clause 21.1 (Pro Rata Payments).

  • In such case, Advertiser will only be responsible for the pro-rata portion of payments attributable to the period from the commencement of the Insertion Order Agreement through the effectiveness of such cancellation (the "Pro Rata Payments").

  • The provisions of this Clause 21.1 (Pro Rata Payments) shall not, and shall not be construed so as to, constitute a charge by any Bank over all or any part of any sum received or recovered by it under any of the circumstances mentioned in this Clause 21.1 (Pro Rata Payments).

  • All payments (other than any payments in respect of a conversion of Notes, any Initially Issued Notes Pro Rata Payments or any Fourth Option Notes Pro Rata Payments (collectively, the “Non-Pro Rata Payments”)) to the holders of the Notes (including the Holder) shall be made pro rata among the holders based upon the aggregate unpaid principal amount and accrued interest of the Notes outstanding as of one Business Day immediately prior to any such payment.

  • Each party to this Agreement agrees to take all steps required of it pursuant to Clause 21.1(a) (Recoveries) and to use its reasonable endeavours to obtain any consents or authorisations which may at any relevant time be required in respect of any payment to be made by it pursuant to this Clause 21.1 (Pro Rata Payments).

  • The provisions of this Clause 28 (Pro Rata Payments, Receipts and Set off) shall not, and shall not be construed so as to, constitute a charge by any Lender over all or any part of any sum received or recovered by it under any of the circumstances mentioned in this Clause 28 (Pro Rata Payments, Receipts and Set off).

  • Each party to this Agreement agrees to take all steps required of it pursuant to Clause 28.1 (Recoveries) and to use its reasonable endeavours to obtain any consents or authorisations which may at any relevant time be required in respect of any payment to be made by it pursuant to this Clause 28 (Pro Rata Payments, Receipts and Set off).

  • Each Lender will on request supply to the Facility Agent such information as the Facility Agent may from time to time request for the purpose of this Clause 28 (Pro Rata Payments, Receipts and Set off).

  • Section 3.1 Payments 14 Section 3.2 No Duplicative Payments 14 Section 3.3 Pro Rata Payments 14 Section 3.4 Coordination of Benefits 15 Section 3.5 Optional Cap on Payments.

  • Amendments and Consents 32 (a) Delivery of Documents 32 (b) Pro Rata Payments 32 (c) Amendments and Consents 33 11.

Related to Pro Rata Payments

  • Pro Rata Amount means, for each Major Investor, that portion of the New Securities identified in an Offer Notice which equals the proportion that the Common Stock issued and held, or issuable (directly or indirectly) upon conversion and/or exercise, as applicable, of the Preferred Stock and any other Derivative Securities then held, by such Major Investor bears to the total Common Stock of the Company then outstanding (assuming full conversion and/or exercise, as applicable, of all Preferred Stock and other Derivative Securities).

  • 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.

  • Pro Rata Annual Bonus means the amount of Annual Bonus, multiplied by a fraction, the numerator of which is the number of days in such year during which the Executive was actually employed by the Company (or its predecessor) and the denominator of which is 365.

  • Pro Rata Portion means the ratio of (x) the Subscription Amount of Securities purchased on the Closing Date by a Purchaser participating under this Section 4.12 and (y) the sum of the aggregate Subscription Amounts of Securities purchased on the Closing Date by all Purchasers participating under this Section 4.12.

  • Pro Rata Allocation shall have the meaning set forth in Section 2.6(b)(i)(A).