Tranche B Pro Rata Share definition

Tranche B Pro Rata Share means, at any particular time and with respect to any Lender, a fraction (expressed as a percentage), the numerator of which shall be the then outstanding principal balance of such Lender's Tranche B Term Loans and the denominator of which shall be the then outstanding principal balance of all Tranche B Term Loans.

Tranche B Pro Rata Share means, at any time, with respect to any Tranche B Bank, the percentage corresponding to the fraction, the numerator of which shall be the amount of the Tranche B Commitment of such Tranche B Bank, and the denominator of which shall be the aggregate amount of the Tranche B Commitments of all of the Tranche B Banks and, if the Tranche B Commitments shall have been terminated, the numerator of which shall be the Tranche B Accommodations Outstanding of such Tranche B Bank and the denominator of which shall be the Tranche B Accommodations Outstanding of all Tranche B Banks.

Tranche B Pro Rata Share or "Pro Rata Share".

Examples of Tranche B Pro Rata Share in a sentence

• Aggregate principal and interest payments in respect of Tranche B Loans shall be apportioned among all outstanding Tranche B Loans to which such payments relate, in each case proportionately to each Tranche B Lender's respective Tranche B Pro Rata Share.

• Lender Pro Rata Share of Tranche A Pro Rata Share of Tranche B Pro Rata Share of Tranche C Pro Rata Share of Commitment Cap Morgan Stanley Bank, N.A. 0.281% 0.000% 0.000% 0.281% Morgan Stanley Senior Funding, Inc.

• Subsequent to quarter-end, there was a global outbreak of COVID-19 (coronavirus), which has had a significant impact on businesses through the restrictions put in place by the Canadian, provincial and municipal governments regarding travel, business operations and isolation/quarantine orders.

• The Administrative Agent shall promptly distribute to each Lender, at its address set forth below its name on the signature page hereof or at such other address as such Lender may request, its Tranche A Pro Rata Share of all such payments received by the Administrative Agent in respect of Tranche A Loans, and its Tranche B Pro Rata Share of all such payments received by the Administrative Agent in respect of Tranche B Loans.

• Pro Rata Share of Tranche B Pro Rata Share of Tranche C Pro Rata Share of Commitment Cap Sumitomo Mitsui Trust Bank, Limited, New York Branch 0.667% 0% 0% 0.667% Banco Bradesco S.A., New York Branch 0.667% 0% 0% 0.667% TOTAL: 100.0% 100.0% 100.0% 100.0% 1 SCHEDULE 9.2 ADMINISTRATIVE AGENT’S OFFICE, CERTAIN ADDRESSES FOR NOTICES ADMINISTRATIVE AGENT: Administrative Agent’s Office (for Notices of Payments and Requests for Loans): BNP Paribas RCC Inc.

More Definitions of Tranche B Pro Rata Share

Tranche B Pro Rata Share means, with respect to each Tranche B Lender, the percentage obtained by dividing the Tranche B Loan Exposure of that Tranche B Lender by the aggregate Tranche B Loan Exposure of all Tranche B Lenders, in each case as such percentage may be adjusted by assignments permitted pursuant to subsection 9.1. The initial Tranche B Pro Rata Share of each Tranche B Lender is set forth opposite the name of that Tranche B Lender in Schedule 2.1 annexed hereto.

Tranche B Pro Rata Share means, with respect to each Bank, the percentage of the combined Tranche B Commitments set forth opposite the name of that Bank on Schedule 2.1.

Tranche B Pro Rata Share means, with respect to any Lender, a fraction (expressed as a percentage), the numerator of which is the outstanding principal amount of such Lender’s Tranche B Loan (or, prior to the making of the initial Loans, such Lender’s Tranche B Commitment) and the denominator of which is the outstanding principal amount of all Tranche B Loans of all Lenders (or, prior to the making of the initial Loans, the aggregate of the Tranche B Commitments of all Lenders).

Tranche B Pro Rata Share means, with respect to a Lender, a fraction (expressed as a percentage), the numerator of which is the amount of such Lender's Tranche B Commitment and the denominator of which is the aggregate amount of the Tranche B Commitments.

Tranche B Pro Rata Share means, with respect to all payments, computations and other matters relating to the Tranche B Term Loan Commitment or Tranche B Term Loan of any Lender, the percentage obtained by dividing (x) the Tranche B Term Loan Exposure of that Lender by (y) the aggregate Tranche B Term Loan Exposure of all Lenders. The initial Tranche B Pro Rata Share of each Lender is set forth opposite the name of that Lender in Schedule 2.1 annexed hereto.

Tranche B Pro Rata Share means, with respect to any Lender, (i) at any time prior to the funding of the Tranche B Term Loans, a fraction (expressed as a percentage), the numerator of which shall be the then aggregate amount of such Lender's Tranche B Term Loan Commitment and the denominator of which shall be the then Aggregate Tranche B Term Loan Commitment, and (ii) at any time after the funding of the Tranche B Term Loans, a fraction (expressed as a percentage), the numerator of which shall be and the outstanding principal balance of such Lender's Tranche B Term Loans and the denominator of which shall be the outstanding principal balance of all Tranche B Term Loans.

Tranche B Pro Rata Share mean, respectively, at any particular time with respect to each Lender, (i) the ratio of such Lender’s outstanding Individual Loan Commitment to the Loan Amount, (ii) the ratio of such Lender’s Individual Loan Commitment allocated to Tranche A to Tranche A, and (iii) the ratio of such Lender’s Individual Loan Commitment allocated to Tranche B to Tranche B, as adjusted from time to time to give effect to any applicable Assignment and Acceptance Agreement or the payment or reimbursement of any Delinquency Amount, in each case as determined by Agent. As of the date hereof, each Lender’s respective Pro Rata Share, Tranche A Pro Rata Share and Tranche B Pro Rata Share are as follows: Pro Rata Share: 28.52253% 71.47747% Tranche A Pro Rata Share: 30.25000% 69.75000% Tranche B Pro Rata Share: 0.00000% 100.00000%”