Examples of ratably in a sentence
Ratably to the fruits and products of property that is the object of particular legacies, and then ratably to such property.
In an Agreement to Ratably Share Revenues by and between the NDPFA and the City, NDPFA consented to the issuance of the 2019 USDA Loan and the Series 2020 Bonds, provided that the City submitted a certificate to NDPFA evidencing that GPT revenue will be greater than one hundred twenty percent (120%) of the average annual principal and interest coverage for the Certificate and the Wastewater Treatment Bond.
The guarantee contained in this Section 2 shall remain in full force and effect until all Guaranteed Obligations (other than Guaranteed Obligations in respect of Equally and Ratably Secured Notes Obligations) are paid in full, no Letter of Credit shall be outstanding and the Commitments are terminated, notwithstanding that from time to time during the term of the Credit Agreement the Borrower may be free from any Borrower Obligations.
The powers conferred on the Administrative Agent, the Secured Parties and the holders of Equally and Ratably Secured Notes Obligations hereunder are solely to protect the Administrative Agent’s and the Lenders’ interests in the Collateral and shall not impose any duty upon the Administrative Agent or any Lender to exercise any such powers.
The Administrative Agent, the Secured Parties and the holders of Equally and Ratably Secured Notes Obligations shall be accountable only for amounts that they actually receive as a result of the exercise of such powers, and neither they nor any of their officers, directors, employees or agents shall be responsible to any Grantor for any act or failure to act hereunder, except for their own gross negligence or willful misconduct.