WebbPro Rata Payments Payments to the Holders shall be pro rata with other Holders who purchased Notes in the same oRering, based on the Principal Amount of each such Note. If a Holder receives a payment in excess of his, her, or its pro rata share, the excess shall be deemed to be held in trust for the benefit of other Holders. WebbPro Rata Meaning “Pro rata” refers to a fair and equitable method of distributing something. The term is derived from Latin, and it means “in proportion” or …
Pro Rata Sharing Provisions in Credit Agreements: What …
WebbTenant's Pro Rata Share of Operating Expenses. Initially .9038%, subject to adjustment in accordance with Sections 1.4 (h) and 11.20. Sample 1. Tenant's Pro Rata Share of Operating Expenses. In addition to any other sums due from Tenant under this Lease, Tenant shall pay to Landlord, as additional rent, in the manner and at the times set forth ... Webb10 maj 2024 · This clause must encompass the warranties, representations, obligations, & execution of the agreement. Consideration & Sale of Shares As per this clause, there must include a clear illustration of the payment structure in the agreement. The details given below should find their way in the agreement under the consideration terms. colorlib free template login page
What Is Pari-Passu? - Investopedia
WebbShare via email Close Share Drafting note Via Email modal Close Close Share Drafting note Via Email modal Document Syndication and transfer of loans—overview Send to Email address * Open Help options for Email Address. You can send the message to up to 4 other recipients. Separate each address with a semi-colon (;) Example: [email protected]; WebbPro Rata Sharing. Any sums obtained from the Borrower by any Lender by reason of the exercise of its rights of set -off, banker 's lien or in collection shall be shared ( net of costs ) pro rata among the Lenders on the basis of the principal amount of Loans . COMMITMENTS AND PRO RATA SHARES. Subsidiaries. Part (b). Other Equity … Tenant’s Pro Rata Share. For the period commencing with the 9th Floor … Related to Set Off and Pro Rata Sharing. Set Off; Mitigation The Company’s obligation … Pro Rata Payments. Payments to the Holders shall be pro rata with other … Related to AS LENDER. LENDER The term “Lender” shall mean the holder of any … Loans Outstanding. Notwithstanding the foregoing provisions of this Section, a … Related to Rights of Set. Rights of Set-Off Buyer shall have the following rights of … Related to Amount Owed. Amount of Fee Prior to the beginning of each contract … WebbProrata Sharing. Except to the extent otherwise provided herein (i) each payment or prepayment of principal of the Loans shall be distributed by the Administrative Agent pro … dr squatch spiderman