Pro Rata definition

Pro Rata shall have the meaning given in subsection 2.1.4.

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Pro Rata is defined in Section 2.1.4.

Pro Rata means (a) when used with respect to Units or any class thereof, apportioned equally among all designated Units in accordance with their relative Percentage Interests, (b) when used with respect to Partners or Record Holders, apportioned among all Partners or Record Holders in accordance with their relative Percentage Interests and (c) when used with respect to holders of Incentive Distribution Rights, apportioned equally among all holders of Incentive Distribution Rights in accordance with the relative number or percentage of Incentive Distribution Rights held by each such holder.

Examples of Pro Rata in a sentence

• Except in respect of claims of Fraud, no Shareholder shall be directly liable, in the aggregate, to the Buyer Indemnified Parties pursuant to ‎Section 9.02(a) for any Damages in excess of each Shareholder’s Pro Rata Portion of the Aggregate Consideration actually received by such Shareholder.

• Except in respect of any claims of Fraud, no Shareholder shall be directly liable to the Buyer Indemnified Parties pursuant to ‎Section 9.02(b)(i) for more than his, her or its Pro Rata Portion of any Damages resulting therefrom.

• With respect to indemnification by the Indemnifying Sellers arising under ‎Section 9.02(b) and except in respect of claims of Fraud, no Indemnifying Seller shall be directly liable, in the aggregate, to the Buyer Indemnified Parties pursuant to ‎Section 9.02(b) for any Damages in excess of each Indemnifying Seller’s Pro Rata Portion of the Aggregate Consideration actually received by such Indemnifying Seller.

• Borrower’s Advance Percentage 25.0% Leverage Advance Percentage 75.0% Leverage Pro Rata Share 75.0% Material Agreements Leasing Agreement, Management Agreements and PILOT Agreements (each as defined in the Collaterally Assigned Loan Documents).

More Definitions of Pro Rata

Pro Rata means the proportion that an Allowed Claim or an Allowed Interest in a particular Class bears to the aggregate amount of Allowed Claims or Allowed Interests in that Class.

Pro Rata means pro rata to each Holder of the Securities according to the aggregate liquidation amount of the Securities held by the relevant Holder in relation to the aggregate liquidation amount of all Securities then outstanding unless, in relation to a payment, an Event of Default has occurred and is continuing, in which case any funds available to make such payment shall be paid first to each Holder of the Capital Securities Pro Rata according to the aggregate liquidation amount of the Capital Securities held by the relevant Holder relative to the aggregate liquidation amount of all Capital Securities outstanding, and only after satisfaction of all amounts owed to the Holders of the Capital Securities, to each Holder of the Common Securities Pro Rata according to the aggregate liquidation amount of the Common Securities held by the relevant Holder relative to the aggregate liquidation amount of all Common Securities outstanding.

Pro Rata means the proportion that an Allowed Claim in a particular Class bears to the aggregate amount of Allowed Claims in that Class, or the proportion that Allowed Claims in a particular Class bear to the aggregate amount of Allowed Claims in a particular Class and other Classes entitled to share in the same recovery as such Allowed Claim under the Plan.

Pro Rata has the meaning set forth in paragraph 8 of Annex I.

Pro Rata shall have the meaning given in subsection 2.1.4 of this Agreement.

Pro Rata means the proportion that the amount of an Allowed Claim or Allowed Interest in a particular Class bears to the aggregate amount of the Allowed Claims or Allowed Interests in that Class, or the proportion of the Allowed Claims or Allowed Interests in a particular Class and other Classes entitled to share in the same recovery as such Claim or Interest under the Plan.

Pro Rata means pro rata to each Holder of Securities according to the aggregate liquidation amount of the Securities held by the relevant Holder in relation to the aggregate liquidation amount of all Securities outstanding.