Rateable Portion definition

Rateable Portion means, subject to adjustment pursuant to Section 2.3, 2.8(b), 6.3, 6.4 or 6.5, the proportion from time to time of the Individual Commitment Amount of a Lender under the Credit Facility relative to the Aggregate Commitment Amount under the Credit Facility.

Rateable Portion means, subject to Section 6.5 in respect of the rounding of allocations of Bankers' Acceptances, in respect of each Lender from time to time:

Rateable Portion means, with reference to any Lender:

Examples of Rateable Portion in a sentence

• If such Lender makes the payment to the Agent as required herein, the amount so paid will constitute such Lender's Rateable Portion of the Advance for purposes of this Agreement.

• Subject to the terms and conditions hereof, each of the Lenders shall make available to the Borrower such Lender’s Rateable Portion of the Credit Facility.

• The failure of any Lender to make its Rateable Portion of the Advance will not relieve any other Lender of its obligation, if any, hereunder to make its Rateable Portion of the Advance on the date that such Advance is to take place, but no Lender will be responsible for the failure of any other Lender to provide its Rateable Portion of any Advance under the Credit Facility.

• Upon receipt of a Drawdown Notice, Rollover Notice or Conversion Notice with respect to a Canadian Prime Rate Loan, U.S. Base Rate Loan or Libor Loan, the Agent shall forthwith notify the Lenders of the requested type of Loan, the proposed Drawdown Date, Rollover Date or Conversion Date, each Lender’s Rateable Portion of such Loan and, if applicable, the account of the Agent to which each Lender’s Rateable Portion is to be credited.

• Each such determination by the Agent shall be prima facie evidence of such Rateable Portion or share.

More Definitions of Rateable Portion

Rateable Portion means, at any time and from time to time with respect to each Lender the proportion from time to time of the Individual Commitment Amount of a Lender relative to the Commitment Amount, subject to adjustment pursuant to Sections 3.9, 7.3, 7.4, 7.5 and 21.18; provided that, the Rateable Portion after an Event of Default has occurred and is continuing shall be the portion of the Aggregate Principal Amount owing to a Lender relative to the Aggregate Principal Amount owing to all Lenders.

Rateable Portion means, as to any Lender, the percentage which:

Rateable Portion means, with respect to a Lender, the proportion from time to time of the Individual Revolving Loan Commitment Amount of such Lender.

Rateable Portion as regards any Lender, with regard to any amount of money, means:

Rateable Portion of a Lender means the quotient obtained by dividing that Lender's Commitment by the Total Commitment, all as set forth in Schedule "A", as Schedule "A" may be amended from time to time in accordance with the provisions of this Agreement.

Rateable Portion means, in respect of each Lender at any time, the proportion that (a) its Revolving Facility Commitment at such time bears to the Aggregate Revolving Facility Commitment at such time, (b) its Term Facility Commitment at such time bears to the Aggregate Term Facility Commitment at such time, or (c) its Commitment at such time bears to the Aggregate Commitment at such time, as the context requires, and the terms “rateable” and “rateably” shall have the corresponding meanings.

Rateable Portion means, at any time and from time to time with respect to each Lender and each Credit Facility and subject to adjustment pursuant to Sections 5.10, 6.3 and 9.4(f):