Examples of Pro Rata Outstandings in a sentence
The Borrower agrees to pay to each Lender a commitment fee on the average daily amount by which the Commitment of such Lender exceeds its Pro Rata Outstandings (the “Unused Commitment Fee”) from the date hereof through the Termination Date at a rate per annum equal to 0.50%, payable in arrears (x) on the last day of each calendar month and (y) on the Termination Date.
Further, the expenses chargedunder this clause shall be utilized for distribution expenses incurred for bringing inflows from retail investors from B30 cities.
The Borrower and Holdings agree to pay to the Administrative Agent on the Second Amendment Effective Date for the benefit of each Lender executing this Amendment, a consent fee equal to 5 basis points of the aggregate amount of such Lender’s Revolving Credit Commitment and Pro Rata Outstandings of the Initial Term Loan and the Incremental Term Loan (the “Consent Fee”).