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.