Examples of Pro Rata Term A Share in a sentence
If such Lender pays its share of the applicable Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Revolving Loan, Pro Rata Term A Share of the Term Loan A or Pro Rata Term B Share of the Term Loan B, as applicable, included in such Borrowing.
Subject to the terms and conditions of this Agreement, each Term Loan A Lender severally agrees to make an advance of its Pro Rata Term A Share of the Term Loan A to the Borrower in Dollars on the Closing Date, and from the Closing Date to the Term Loan A Maturity Date, convert and continue Segments from time to time in accordance with the terms hereof.
Each applicable Term Lender shall notify the Administrative Agent within such time period whether or not it agrees to commit to a portion of the requested increase of the applicable Term Loan Facility and, if so, whether by an amount equal to, greater than, or less than its Pro Rata Term A Share (calculated as of the Term Loan A prior to such increase) or Pro Rata Term B Share (calculated as of the Term Loan B prior to such increase) of such requested increase.
If the Borrower so notifies the Administrative Agent, the Borrower acknowledges that one or more of the Lenders may treat its Revolving Loans, its Pro Rata Term A Share of the Term Loan A, its Pro Rata Term B Share of the Term Loan B, and/or its interest in Swing Line Loans and/or Letters of Credit as part of a transaction that is subject to Treasury Regulation Section 301.6112-1, and such Lender or Lenders, as applicable, will maintain the lists and other records required by such Treasury Regulation.
The Administrative Agent will promptly distribute to each such Lender its Pro Rata Revolving Share, its Pro Rata Term A Share or its Pro Rata Term B Share, as applicable, of such payment in like funds as received by wire transfer to such Lender's Lending Office.
Notwithstanding anything to the contrary contained herein, if at any time Bank of America or JPMorgan assigns all of its Revolving Credit Commitment, Revolving Loans, any Pro Rata Term A Share of the Term Loan A and any Pro Rata Term B Share of the Term Loan B pursuant to subsection (b) above, such Person may, (i) upon 30 days’ notice to the Borrower and the Lenders, resign as L/C Issuer and/or (ii) in the case of Bank of America, upon 30 days’ notice to the Borrower, resign as Swing Line Lender.
Each Lender agrees to make a loan to Borrower (each such loan, a "TERM A LOAN") on the Closing Date in such Lender's applicable Pro Rata Term A Share of the Term A Loan Commitment.
The Administrative Agent will promptly distribute to each Lender its Pro Rata Revolving Share or Pro Rata Term A Share (or other applicable share as provided herein), as applicable, of such payment in like funds as received by wire transfer to such Lender’s Lending Office.
The Borrower hereby acknowledges that each Term Loan A Lender has previously advanced its Pro Rata Term A Share of the Term Loan A in Dollars to the Borrower, whether on April 24, 2002 or on January 31, 2003, in an aggregate original principal amount of $60,000,000.
Each Lender agrees to make a loan to Borrowers (all of such loans, collectively the “Term A Loan”) on the Closing Date in such Lender’s applicable Pro Rata Term A Share of the Term A Loan Commitment.