Definition of Term A Pro Rata Share


Term A Pro Rata Share means, when used with reference to any Term A Lender and any described aggregate or total amount, an amount equal to the result obtained by multiplying such described aggregate or total amount by a fraction the numerator of which shall be such Lender's then outstanding Term A Loan and the denominator of which shall be all then outstanding Term A Loans.
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Examples of Term A Pro Rata Share in a sentence

Promptly upon receipt by Facing Agent or Agent of any amount described in clause (i)(A) with respect to Rollover Letters of Credit or (ii)(B) of this Section 2.9(e), Facing Agent or Agent shall distribute to each Lender (other than a Defaulting Lender) that has reimbursed Facing Agent in accordance with Section 2.9(d) its Term A Pro Rata Share of such amount.
Notwithstanding the foregoing, in the event a Lender Default exists, Facing Agent shall not be required to issue any Letter of Credit unless Facing Agent has entered into arrangements satisfactory to it and Borrower to eliminate such Facing Agent's risk with respect to the participation in Letters of Credit of the Defaulting Lender or Lenders, including by cash collateralizing such Defaulting Lender's or Lenders' Revolver Pro Rata Share or Term A Pro Rata Share as applicable of the LC Obligations.
Facing Agent shall distribute to each other Lender which has paid all amounts payable by it under this Section 2.9(d) with respect to any Letter of Credit issued by Facing Agent such other Lender's Revolver Pro Rata Share or Term A Pro Rata Share, as applicable, of all payments received by Facing Agent from Borrowers in reimbursement of drawings honored by Facing Agent under such Letter of Credit when such payments are received.
With respect to its Loans and Commitments (and its Revolver Pro Rata Share, Term A Pro Rata Share, Term B Pro Rata Share or Pro Rata Share, as applicable, thereof), Agent shall have and may exercise the same rights and powers hereunder and is subject to the same obligations and liabilities as and to the extent set forth herein for any other Lender or holder of Obligations.
Each such Lender shall make available to Facing Agent an amount equal to its Revolver Pro Rata Share or Term A Pro Rata Share, as applicable, of such drawing in same day funds, at the office of Facing Agent specified in such notice, not later than00 P.M. (New York City time) on the Business Day after the date such Lender is notified by Agent.