Pro Rata Payments. Payments to the Holders shall be pro rata with other Holders who purchased Notes in the same offering, 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.
Appears in 306 contracts
Sources: Investment Agreement, Investment Agreement, Investment Agreement
Pro Rata Payments. Payments to the Holders shall be pro rata with other Holders who purchased Notes in the same offeringoRering, 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.
Appears in 172 contracts
Sources: Investment Agreement, Investment Agreement, Investment Agreement
Pro Rata Payments. Payments to the Holders shall be pro rata with other Holders who purchased Notes in the same offeringo<ering, 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 bene6t of other Holders.
Appears in 1 contract
Sources: Investment Agreement