Pro Rata Shares definition

Pro Rata Shares means such percentage shares of the Lenders.
Pro Rata Shares means, with respect to (i) any Class A Member, such Class A Member’s Class A Membership Interests divided by the aggregate Class A Membership Interests of all Class A Members or (ii) any Class B Member, such Class B Member’s Class B Membership Interests divided by the aggregate Class B Membership Interests of all Class B Members.
Pro Rata Shares. “Pro Rata Shares” means, with respect to each Stockholder, Shares of such Stockholder equal in number to the product of:

Examples of Pro Rata Shares in a sentence

  • All Revolving Borrowings shall be made by the Lenders on the basis of their respective Pro Rata Shares.

  • All Revolving Loans (other than Swing Loans and Extraordinary Advances) shall be made by the Lenders contemporaneously and in accordance with their Pro Rata Shares.

  • The Sellers in accordance with their Pro Rata Shares, on the one hand, and Purchaser, on the other hand, shall share the costs of such referral to the Accounting Firm equally.

  • Each such prepayment shall be applied to the Committed Loans of the Lenders in accordance with their respective Pro Rata Shares.

  • Each such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Pro Rata Shares.


More Definitions of Pro Rata Shares

Pro Rata Shares is defined in Section 1.5(a) hereof.
Pro Rata Shares shall have the meaning set forth in the Partnership Agreement. “Prohibited Jurisdiction” shall mean, any country or jurisdiction, from time to time, that is the subject of a prohibition order (or any similar order or directive), sanctions or restrictions
Pro Rata Shares shall have the meaning set forth in the Partnership Agreement.
Pro Rata Shares or "Event of Default";
Pro Rata Shares means, with respect to any Person that is a member of the Knightspoint Group, the number of Common Shares at any given time equal to the following: (i) the number of Common Shares directly Beneficially Owned by such Person divided by (ii) the aggregate number of Common Shares directly or indirectly Beneficially Owned by all members of the Knightspoint Group multiplied by (iii) the number of Excess Shares; provided, however, that the aggregate sum of all Pro Rata Shares at any given time for all members of the Knightspoint Group shall always be equal to the number of Excess Shares, and the foregoing calculation shall be adjusted on a pro rata basis to account for any member of the Knightspoint Group that fails to comply with the requirement described in Section 1(o)(iii) or to correct for any other anomaly that may result in the foregoing calculation causing the aggregate sum of all Pro Rata Shares at any given time for all members of the Knightspoint Group not to be equal to the number of Excess Shares.
Pro Rata Shares with respect to any Member, a portion of the number of Shares owned by the Company attributable to such Member's Ownership Interest, which will equal the product of [x] the aggregate number of Shares owned by the Company multiplied by [y] such Member's percentage Ownership Interest in the Company, expressed as a decimal. If any Member contributes Limited Voting Shares to the Company, all of such Shares shall be attributed to that Member as part of its Pro Rata Shares.
Pro Rata Shares means, with respect to any Shareholder Group at any time, the number of Ordinary Shares held by TW Holdings attributable to such Shareholder Group being: