Ratable Amount definition

Ratable Amount means, at any time, with respect to any Term Facility Related Prepayment Offer and the Notes held by any holder at such time, the amount equal to the aggregate principal amount of the Notes held by such holder multiplied by the percentage by which the principal amount of the term loans under the Bank Credit Agreement were reduced by the relevant prepayment under Section 2.05(c) of the Bank Credit Agreement.

Ratable Amount means, at any time, a fraction (i) the numerator of which is the Aggregate Commitment at such time (as adjusted from time to time in accordance with the provisions of this Agreement) or, if the Aggregate Commitment has been terminated, the aggregate outstanding principal Dollar Equivalent of all Lenders’ Loans at such time and (ii) the denominator of which is the sum of the amount in clause (i) plus all unused commitments and the aggregate principal amount of loans outstanding under (a) all Existing Credit Facilities (other than the Existing Revolving Credit Agreement) and (b) any other revolving or term loan bilateral or club credit agreements of the Borrower.

Ratable Amount is used with respect to Net Special Prepayment Proceeds arising from an Asset Disposition Event.

Examples of Ratable Amount in a sentence

• Each Holder of an Allowed Claim in Class 3A shall receive its Ratable Amount of the Class 3A Portion of the General Unsecured Distribution Pool.Class 3A is an impaired Class and is entitled to vote on this Plan.

• If so accepted by any holder of a Note, the amount of such offered prepayment (equal to not less than such holder’s Ratable Amount ) shall become due and payable on the Term Facility Related Prepayment Date and shall be delivered to such holder of Notes for application on such date in accordance with the terms hereof.

• Each Holder of an Allowed Claim in Class 3B shall receive its Ratable Amount of both (i) the Class 3B Portion of the General Unsecured Distribution Pool; and (ii) the Class 3C Portion of the General Unsecured Distribution Pool.Class 3B is an impaired Class and is entitled to vote on this Plan.

• Mester regarding a National Cooperative Research Program through AASHTO.

• Each Holder of an Allowed Claim in Class 3A shall receive its Ratable Amount of the Class 3A Portion of the General Unsecured Distribution Pool.

• With reference to any distribution on account of any Allowed Claim in any Class, a distribution equal in amount to the ratio (expressed as a percentage) that the amount of such Allowed Claim bears to the aggregate amount of Allowed Claims in such Class; provided, however, that the Ratable Amount for Holders of Allowed Class 3B Claims includes reductions for fees charged and costs incurred by the indenture trustees serving in accordance with the indentures relating to the Revenue Bonds.

• The Economic Cooperation and Trade Division of UNECE also attended.

• The absence of a formal deed of sale in no way detracts from the fact that Demesa used the land without having to pay the consideration that the company selling it was entitled to demand.

More Definitions of Ratable Amount

Ratable Amount means a pro rata portion of Net Special Prepayment Proceeds as determined by reference to the principal amount of the Notes outstanding on the date on which the relevant Special Offer Prepayment Event occurs as a percentage of the principal amount of all Senior Pro Rata Debt outstanding on such date; provided, however, that, in the case of Net Special Prepayment Proceeds attributable to a Subordinated Debt Event, such pro rata portion shall be determined by reference to the principal amount of the Notes outstanding on the date on which such Subordinated Debt Event occurs as a percentage of the sum of (a) such principal amount, (b) the outstanding principal amount of the 2012 Notes on such date, (c) the Bank Facility Commitment in effect on such date (but only up to Can.$400,000,000 less the amount (but no more than Can.$70,000,000) of any Net Special Prepayment Proceeds applied to payment of Debt outstanding under the Bank Facility on or prior to such date arising from one or more Swan Hills Disposition Events), and (d) the greater of the outstanding principal amount or the commitment amount, if any, of the principal amount of all other Senior Pro Rata Debt outstanding on such date. For purposes of this definition, the face amount of letters of credit outstanding under the Bank Facility or any Permitted Refinancing Creditor Document shall not constitute a principal amount except as “Ratable Amount” is used with respect to Net Special Prepayment Proceeds arising from an Asset Disposition Event.

Ratable Amount has the meaning assigned to such term in Section 2.06(b).

Ratable Amount has the meaning specified in Section 2.10(b)(iv).

Ratable Amount is defined in Section 8.3. “Related Fund” means, with respect to any holder of any Note, any fund or entity that (i) invests in Securities or bank loans, and (ii) is advised or managed by such holder, the same investment advisor as such holder or by an affiliate of such holder or such investment advisor. “Required Holders” means, at any time, the holders of more than 50% in principal amount of the Notes at the time outstanding (exclusive of Notes then owned by the Company or any of its Affiliates). B-12

Ratable Amount means, as of any date, the product obtained by multiplying the entire unpaid principal amount of the A Advances made to the Borrower then outstanding times a fraction the numerator of which shall be the principal amount of the Additional Unsecured Debt of the Borrower being prepaid, redeemed, purchased, defeased or otherwise acquired and the denominator of which shall be the entire unpaid principal amount of such Additional Unsecured Debt then outstanding.

Ratable Amount means, at any time, a fraction (i) the numerator of which is the Aggregate Commitment at such time (as adjusted from time to time in accordance with the provisions of this Agreement) or, if the Aggregate Commitment has been terminated, the aggregate outstanding principal Dollar Equivalent of all Lenders' Loans at such time and (ii) the denominator of which is the sum of the amount in clause (i) plus all unused commitments and the aggregate principal amount of loans outstanding under (a) all Existing Credit Facilities (other than the Existing Revolving Credit Agreement) and (b) any other revolving or term loan bilateral or club credit agreements of the Borrower.