Rateable Portion definition

Rateable Portion means, subject to adjustment pursuant to Section 2.3, 2.8(b), 6.3, 6.4 or 6.5, the proportion from time to time of the Individual Commitment Amount of a Lender under the Credit Facility relative to the Aggregate Commitment Amount under the Credit Facility.

Rateable Portion means, with reference to any Lender:

Rateable Portion means, at any time and from time to time with respect to each Lender the proportion from time to time of the Individual Commitment Amount of a Lender relative to the Commitment Amount, subject to adjustment pursuant to Section 19.18; provided that, the Rateable Portion after an Event of Default has occurred and is continuing shall be the portion of the Aggregate Principal Amount owing to a Lender relative to the Aggregate Principal Amount owing to all Lenders.

Examples of Rateable Portion in a sentence

• If such Lender makes the payment to the Agent required herein, the amount so paid shall constitute such Lender’s Rateable Portion of the Loan for purposes of this Agreement.

• The failure of any Lender to make its Rateable Portion of any Loan shall not relieve any other Lender of its obligation, if any, hereunder to make its Rateable Portion of such Loan on the Drawdown Date, Rollover Date or Conversion Date, as the case may be, but no Lender shall be responsible for the failure of any other Lender to make the Rateable Portion of any Loan to be made by such other Lender on the date of any Drawdown, Rollover or Conversion, as the case may be.

• If such Lender makes the payment to the Agent as required herein, the amount so paid will constitute such Lender's Rateable Portion of the Advance for purposes of this Agreement.

• Subject to the terms and conditions hereof, each of the Lenders shall make available to the Borrower such Lender’s Rateable Portion of the Credit Facility.

• The failure of any Lender to make its Rateable Portion of the Advance will not relieve any other Lender of its obligation, if any, hereunder to make its Rateable Portion of the Advance on the date that such Advance is to take place, but no Lender will be responsible for the failure of any other Lender to provide its Rateable Portion of any Advance under the Credit Facility.

More Definitions of Rateable Portion

Rateable Portion means, subject to Section 6.5 in respect of the rounding of allocations of Bankers' Acceptances, in respect of each Lender from time to time:

Rateable Portion means, as to any Lender, the percentage which:

Rateable Portion means, with respect to a Lender, the proportion from time to time of the Individual Revolving Loan Commitment Amount of such Lender.

Rateable Portion of a Lender means the quotient obtained by dividing that Lender's Commitment by the Total Commitment, all as set forth in Schedule "A", as Schedule "A" may be amended from time to time in accordance with the provisions of this Agreement.

Rateable Portion as regards any Lender, with regard to any amount of money, means:

Rateable Portion means, at any time and from time-to-time with respect to each Lender and each Credit Facility:

Rateable Portion means, at any time and from time to time with respect to each Lender and subject and subject to adjustment pursuant to Sections 3.3, 3.10, 7.3, 7.4, 7.5 and 21.18 the proportion from time to time of the Individual Commitment Amount and of a Lender relative to the Commitment Amount.