Examples of Term Loan Pro Rata Share in a sentence
Each Lender shall deposit an amount equal to its Term Loan Pro Rata Share of the Term Loans with the Administrative Agent at its office in Chicago, Illinois, in immediately available funds, on the Closing Date, as specified in the Borrowing/Election Notice.
Each Borrowing under the Term Loan Facility shall consist of a Term Loan made by each Term Loan Lender in the proportion of its Term Loan Pro Rata Share.
Each Lender’s Delayed Draw Term Loan Commitment shall be permanently reduced immediately and without further action upon the funding of each Delayed Draw Term Loan by an amount equal to such Lender’s Delayed Draw Term Loan Pro Rata Share of such Delayed Draw Term Loan.
Each Bank shall record its Term Loan Pro Rata Share of the Term Loans and each repayment or prepayment in respect of the principal amount of the Term Loans in such Bank's electronic records.
The proportionate share set forth below opposite each Lender's name is herein called such Lender's "Term Loan Pro Rata Share": Term Loan Term Loan LENDER COMMITTED AMOUNT PRO RATA SHARE NationsBank $27,000,000 100% TOTAL TERM LOAN COMMITTED AMOUNT: $27,000,000 100% The obligation of each Lender to make a Term Loan is several and is limited to its Term Loan Committed Amount, and such obligation of each Lender is herein called its "Term Loan Commitment".