Common use of Ratable Advances Clause in Contracts

Ratable Advances. Each Ratable Advance hereunder shall consist of Loans made to a Borrower from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The aggregate outstanding amount of Competitive Bid Advances shall reduce each Lender’s Commitment ratably in the proportion such Lender’s Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances.

Ratable Advances. Each Ratable Advance hereunder shall consist of Loans made to a Borrower from the several Lenders ratably in proportion according to the ratio that their respective Commitments bear to the Aggregate CommitmentPro Rata Shares. The aggregate outstanding amount of Competitive Bid Advances shall reduce each Lender’s 's Commitment ratably in the proportion such Lender’s 's Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances.

Ratable Advances. Each Ratable Advance hereunder shall consist of Loans borrowings made to a Borrower from the several Lenders ratably in proportion to the ratio that amounts of their respective Commitments bear to the Aggregate CommitmentCommitments. The aggregate outstanding amount of Competitive Bid Advances shall reduce the amount available for borrowing under each Lender’s 's Commitment ratably in the proportion such Lender’s 's Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances.Aggrxxxxx

Ratable Advances. Each Ratable Advance hereunder shall consist of Loans borrowings made to a Borrower from the several Lenders ratably in proportion to the ratio that amounts of their respective Commitments bear to the Aggregate CommitmentCommitments. The aggregate outstanding amount of Competitive Bid Advances shall reduce each Lender’s 's Commitment ratably in the proportion such Lender’s 's Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances.

Ratable Advances. Each Ratable Advance hereunder shall consist of Loans borrowings made to a Borrower from the several Lenders ratably in proportion to the ratio that amounts of their respective Commitments bear to the Aggregate CommitmentCommitments. The aggregate outstanding amount of Competitive Bid Advances shall reduce the amount available for borrowing under each Lender’s 's Commitment ratably in the proportion such Lender’s 's Commitment bears to the Aggregate Commitment regardless of which Lender or Lenders make such Competitive Bid Advances. Ratable Advances shall be evidenced by the Ratable Notes. No Ratable Advance may mature after the Termination Date.