Borrower’s Proportionate Share definition

Borrower’s Proportionate Share means that pro rata percentage equal to the principal amount of the Borrower’s Loan as a percentage of the aggregate principal amount of the Notes.
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Borrower’s Proportionate Share means with respect to any Portfolio Investment that is owned indirectly by the Borrower through an Intermediate Vehicle, the portion of such Portfolio Investment attributable to the direct or indirect ownership interest of the Borrower in such Intermediate Vehicle. For the avoidance of doubt, with respect to any Portfolio Investment that is 100% owned directly by the Borrower, the Borrower’s Proportionate Share of such Portfolio Investment shall be 100%.
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Examples of Borrower’s Proportionate Share in a sentence

  • As an inducement to U.S. Bank to make Advances and extend credit to each Borrower, each Borrower agrees to indemnify and hold the other harmless from and each shall have a continuing right of contribution against each other Borrower, if and to the extent that a Borrower makes or is caused to make disproportionate payments of the Liabilities in excess of that Borrower’s Proportionate Share (as defined below), from dispositions of its assets or otherwise.

  • In addition to the payments required to be paid by the Borrower under Section 3.02 hereof, the Borrower agrees that it shall pay from the proceeds of the Notes, the Deferral Amounts or other legally available funds of the Borrower, the Borrower’s Proportionate Share of Costs of Issuance of the Notes.

  • As an inducement to the Agent and the Lenders to make Advances and extend credit to each Borrower, each Borrower agrees to indemnify and hold the other harmless from and each shall have a continuing right of contribution against each other Borrower, if and to the extent that a Borrower makes or is caused to make disproportionate payments of the Liabilities in excess of that Borrower’s Proportionate Share (as defined below), from dispositions of its assets or otherwise.

  • The Borrower covenants and agrees to pay and indemnify the Authority, the State Treasurer and the Trustee for the Borrower’s Proportionate Share of all reasonable and documented fees, costs and charges, including reasonable fees and expenses of attorneys, accountants, consultants and other experts, incurred in good faith (and with respect to the Trustee, without negligence) and arising out of or in connection with this Loan Agreement, the Notes or the Indenture.

  • For purposes hereof, a Borrower’s Proportionate Share shall mean a fraction, in which the numerator is the net worth of a Borrower (defined as the fair salable value of its assets minus its liabilities, other than the Liabilities and its contribution obligations hereunder) on the date of the determination with regard to such payments and the denominator is the consolidated net worth of every Borrower (as so defined) on such date.

  • As an inducement to the Agent and the Lenders to make Advances and extend credit to each Borrower, each Borrower agrees to indemnify and hold the others harmless from and each shall have a continuing right of contribution against each other Borrower, if and to the extent that a Borrower makes or is caused to make disproportionate payments of the Liabilities in excess of that Borrower’s Proportionate Share (as defined below), from dispositions of its assets or otherwise.