Pro Rata Term Share definition

Pro Rata Term Share means, with respect to each Term Loan Lender, the percentage (carried out to the ninth decimal place) of the principal amount of the Term Loan funded by such Term Loan Lender. The initial Pro Rata Term Share of each Term Loan Lender is set forth opposite the name of such Term Loan Lender on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Term Loan Lender becomes a party hereto, as applicable.
Pro Rata Term Share means, with respect to any Lender, the percentage obtained by dividing such Lender's Term Loan Commitment by the Aggregate Term Loan Commitment.
Pro Rata Term Share means, with respect to each Term Loan Lender at any time, the percentage (carried out to the ninth decimal place) of the principal amount of the Term Loan funded by such Term Loan Lender, and outstanding at such time, or the principal amount of the Term Loan assigned to such Term Loan Lender, as applicable. The initial Pro Rata Term Share of each Term Loan Lender is set forth opposite the name of such Term Loan Lender on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Term Loan Lender becomes a party hereto, as applicable.

Examples of Pro Rata Term Share in a sentence

  • The Administrative Agent will promptly notify each applicable Lender of its receipt of each such notice, and such Lender’s Pro Rata Term Share of such prepayment (calculated in accordance with the first sentence of this clause (b)).

  • Each Term Loan Lender shall, pursuant to the terms and subject to the conditions of this Agreement, make available by wire transfer to the Administrative Agent not later than 12:00 noon New York time on the Closing Date, the amount of its Pro Rata Term Share of the Term Loan Facility then in effect.

  • The Administrative Agent will promptly distribute to each such Lender its Pro Rata Revolving Share or its Pro Rata Term Share, as applicable, of such payment in like funds as received by wire transfer to such Lender’s Lending Office; and all payments of fees and all other payments in respect of any other Obligation shall be allocated among such of the Lenders and L/C Issuers as are entitled thereto and, for such payments allocated to the Lenders, in proportion to their respective ratable portions.


More Definitions of Pro Rata Term Share

Pro Rata Term Share means, with respect to each Term Loan Lender, the percentage (carried out to the ninth decimal place) of the principal amount of the Term Loan funded by such Term Loan Lender as of the date of measurement thereof, after giving effect to any subsequent assignments made pursuant to Section 10.07 (Assignments and Participations), pursuant to which such Term Loan Lender becomes a party hereto, as applicable.
Pro Rata Term Share means, with respect to any Lender, the percentage obtained by dividing such Lender's Term Loans by the aggregate outstanding amount of all Term Loans.
Pro Rata Term Share means with respect to each Term Lender at any time of determination thereof, the ratio (expressed as a percentage) obtained by dividing (a) the sum of the Term Commitments of such Term Lender plus such Lender’s outstanding principal amount of Term Advances at such time by (b) the sum of the Term Commitments of all of the Term Lenders plus the aggregate principal amount outstanding of all Term Advances at such time.
Pro Rata Term Share means, with respect to each Lender at any time, the percentage of the Aggregate Term Loan Commitment set forth opposite the name of the Lender on signature pages hereto (as the same may be reduced or terminated from time to time).
Pro Rata Term Share means, with respect to any Lender, the applicable percentage (as adjusted from time to time in accordance with the terms hereof) specified opposite such Lender’s name on Annex I which corresponds to the Second Lien Term Loan Commitment, which percentage shall be with respect to the Second Lien Term Loan if the Second Lien Term Loan Commitment has terminated.
Pro Rata Term Share means, with respect to each Term Loan Lender, the percentage (carried out to the ninth decimal place) of the principal amount of the Term Loan funded by such Term Loan Lender, after giving effect to any subsequent assignments made pursuant to the terms hereof. The initial Pro Rata Term Share of each Term Loan Lender as of the First Amendment Effective Date is set forth opposite the name of such Term Loan Lender on