Participants' Proportionate Share means Participant's Proportionate Share (M&T), Participant's Proportionate Share (Compass), Participant's Proportionate Share (Regions) and Participant's Proportionate Share (BB&T), as such proportionate shares may change from time to time pursuant to the Participation Agreement.
Examples of Participants' Proportionate Share in a sentence
To the extent that amounts on deposit in any of the Participants accounts in the Rate Stabilization Fund are insufficient to pay such Participants Proportionate Share of Debt Service, the other Participants accounts within the Rate Stabilization Fund are expected to be available to pay the deficiency, subject to the terms and conditions of the Funding Agreement.
Dependence of Connection Fee Revenue on Development The projections relating to the payment of each Participants Proportionate Share of Debt Service, assume that connection fees will be a significant source of future revenue.
While each of the Participants projects that connection fee revenues will allow the Rate Stabilization Fund to be maintained at a level sufficient to fund annual Debt Service on the Series 2011 Bonds, the Series 2011A/B Bonds and any Parity Bonds, wastewater service charges are the ultimate financial support for the payment of each Participants Proportionate Share of Debt Service.
After all allocations of the Retention Payment have been made, each Participants Proportionate Share of the Retention Payment shall be paid in a cash lump sum on the Change of Control Date or as soon as practicable thereafter.
Agent shall promptly furnish to Lessor and each Participant copies of each such notice and, in the case of each request for an Advance, shall notify each Participant of the amount of such Participant's Proportionate Share of the Advance requested thereby.