RATABLE PORTION or RATABLY definition

RATABLE PORTION or RATABLY means, with respect to any Lender, the quotient obtained by dividing the Commitment of such Lender by the Commitments of all Lenders.
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RATABLE PORTION or RATABLY means, with respect to any Purchaser, the percentage obtained by dividing (a) the Commitment of such Purchaser by (b) the Total Commitments (or, at any time after the Termination Date, the percentage obtained by dividing the aggregate Capital Investments then owing to such Purchaser by the Capital then owing).
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Examples of RATABLE PORTION or RATABLY in a sentence

  • RATABLE PORTION or RATABLY means, with respect to any Lender, the quotient obtained by dividing the Commitment of such Lender by the Commitments of all Lenders.