Ratable Amount definition

Ratable Amount means, at any time, with respect to any Term Facility Related Prepayment Offer and the Notes held by any holder at such time, the amount equal to the aggregate principal amount of the Notes held by such holder multiplied by the percentage by which the principal amount of the term loans under the Bank Credit Agreement were reduced by the relevant prepayment under Section 2.05(c) of the Bank Credit Agreement.
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Ratable Amount is used with respect to Net Special Prepayment Proceeds arising from an Asset Disposition Event.
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Ratable Amount means, at any time, a fraction (i) the numerator of which is the Aggregate Commitment at such time (as adjusted from time to time in accordance with the provisions of this Agreement) or, if the Aggregate Commitment has been terminated, the aggregate outstanding principal Dollar Equivalent of all Lenders’ Loans at such time and (ii) the denominator of which is the sum of the amount in clause (i) plus all unused commitments and the aggregate principal amount of loans outstanding under (a) all Existing Credit Facilities (other than the Existing Revolving Credit Agreement) and (b) any other revolving or term loan bilateral or club credit agreements of the Borrower.
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Examples of Ratable Amount in a sentence

  • Each Holder of an Allowed Claim in Class 3A shall receive its Ratable Amount of the Class 3A Portion of the General Unsecured Distribution Pool.Class 3A is an impaired Class and is entitled to vote on this Plan.

  • If so accepted by any holder of a Note, the amount of such offered prepayment (equal to not less than such holder’s Ratable Amount ) shall become due and payable on the Term Facility Related Prepayment Date and shall be delivered to such holder of Notes for application on such date in accordance with the terms hereof.

  • Each Holder of an Allowed Claim in Class 3B shall receive its Ratable Amount of both (i) the Class 3B Portion of the General Unsecured Distribution Pool; and (ii) the Class 3C Portion of the General Unsecured Distribution Pool.Class 3B is an impaired Class and is entitled to vote on this Plan.

  • Mester regarding a National Cooperative Research Program through AASHTO.

  • Each Holder of an Allowed Claim in Class 3A shall receive its Ratable Amount of the Class 3A Portion of the General Unsecured Distribution Pool.

  • With reference to any distribution on account of any Allowed Claim in any Class, a distribution equal in amount to the ratio (expressed as a percentage) that the amount of such Allowed Claim bears to the aggregate amount of Allowed Claims in such Class; provided, however, that the Ratable Amount for Holders of Allowed Class 3B Claims includes reductions for fees charged and costs incurred by the indenture trustees serving in accordance with the indentures relating to the Revenue Bonds.

  • The Economic Cooperation and Trade Division of UNECE also attended.

  • The absence of a formal deed of sale in no way detracts from the fact that Demesa used the land without having to pay the consideration that the company selling it was entitled to demand.


More Definitions of Ratable Amount

Ratable Amount means a pro rata portion of Net Special Prepayment Proceeds as determined by reference to the principal amount of the Notes outstanding on the date on which the relevant Special Offer Prepayment Event occurs as a percentage of the principal amount of all Senior Pro Rata Debt outstanding on such date; provided, however, that, in the case of Net Special Prepayment Proceeds attributable to a Subordinated Debt Event, such pro rata portion shall be determined by reference to the principal amount of the Notes outstanding on the date on which such Subordinated Debt Event occurs as a percentage of the sum of (a) such principal amount, (b) the outstanding principal amount of the 2010 Notes on such date, (c) the Bank Facility Commitment in effect on such date (but only up to Can.$400,000,000 less the amount (but no more than Can.$70,000,000) of any Net Special Prepayment Proceeds applied to payment of Debt outstanding under the Bank Facility on or prior to such date arising from one or more Swan Hills Disposition Events), and (d) the greater of the outstanding principal amount or the commitment amount, if any, of the principal amount of all other Senior Pro Rata Debt outstanding on such date. For purposes of this definition, the face amount of letters of credit outstanding under the Bank Facility or any Permitted Refinancing Creditor Document shall not constitute a principal amount except as “Ratable Amount” is used with respect to Net Special Prepayment Proceeds arising from an Asset Disposition Event.
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Ratable Amount means, at any time, a fraction (i) the numerator of which is the Aggregate Commitment at such time (as adjusted from time to time in accordance with the provisions of this Agreement) or, if the Aggregate Commitment has been terminated, the aggregate outstanding principal Dollar Equivalent of all Lenders' Loans at such time and (ii) the denominator of which is the sum of the amount in clause (i) plus all unused commitments and the aggregate principal amount of loans outstanding under (a) all Existing Credit Facilities (other than the Existing Revolving Credit Agreement) and (b) any other revolving or term loan bilateral or club credit agreements of the Borrower.
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Ratable Amount has the meaning assigned to such term in Section 2.06(b).
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Ratable Amount is defined in Section 8.3. “Related Fund” means, with respect to any holder of any Note, any fund or entity that (i) invests in Securities or bank loans, and (ii) is advised or managed by such holder, the same investment advisor as such holder or by an affiliate of such holder or such investment advisor. “Required Holders” means, at any time, the holders of more than 50% in principal amount of the Notes at the time outstanding (exclusive of Notes then owned by the Company or any of its Affiliates). B-12
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Ratable Amount has the meaning specified in Section 2.10(b)(iv).
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Ratable Amount means, as of any date, the product obtained by multiplying the entire unpaid principal amount of the A Advances made to the Borrower then outstanding times a fraction the numerator of which shall be the principal amount of the Additional Unsecured Debt of the Borrower being prepaid, redeemed, purchased, defeased or otherwise acquired and the denominator of which shall be the entire unpaid principal amount of such Additional Unsecured Debt then outstanding.
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Related to Ratable Amount

  • Applicable Amount means, at any time (the “Applicable Amount Reference Time”), an amount equal to (a) the sum, without duplication, of:

  • Available Amount of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such time (assuming compliance at such time with all conditions to drawing).

  • Allocable Amount has the meaning specified in Section 10.21(d).

  • Available Amounts means, with respect to any Distribution Date, the sum of Available Interest and Available Principal for such Distribution Date.

  • Distributable Amount has the meaning set forth in Section 5.02(d) hereof.

  • Aggregate Class A Interest Distributable Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Note Class Interest Distributable Amount for each class of the Class A Notes as of such Distribution Date and (ii) the Class A Interest Carryover Shortfall as of the close of the preceding Distribution Date.

  • Allocable Amounts, when used with respect to any Senior Indebtedness, means all amounts due or to become due on such Senior Indebtedness less, if applicable, any amount which would have been paid to, and retained by, the holders of such Senior Indebtedness (whether as a result of the receipt of payments by the holders of such Senior Indebtedness from the Company or any other obligor thereon or from any holders of, or trustee in respect of, other indebtedness that is subordinate and junior in right of payment to such Senior Indebtedness pursuant to any provision of such indebtedness for the payment over of amounts received on account of such indebtedness to the holders of such Senior Indebtedness or otherwise) but for the fact that such Senior Indebtedness is subordinate or junior in right of payment to (or subject to a requirement that amounts received on such Senior Indebtedness be paid over to obligees on) trade accounts payable or accrued liabilities arising in the ordinary course of business.

  • Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, the sum of (i) the Monthly Interest Distributable Amount for that Class and (ii) the Unpaid Interest Shortfall Amount for that Class.

  • Aggregate Class C Interest Distributable Amount With respect to any Distribution Date, the sum of (i) the Note Class Interest Distributable Amount for the Class C Notes as of such Distribution Date and (ii) the Class C Interest Carryover Shortfall as of the close of the preceding Distribution Date.

  • Principal Distributable Amount means, with respect to any Distribution Date, the amount equal to the excess, if any, of (x) the sum of (i) the principal portion of all Collected Funds received during the immediately preceding Collection Period (other than Liquidated Receivables and Purchased Receivables), (ii) the Principal Balance of all Receivables that became Liquidated Receivables during the related Collection Period (other than Purchased Receivables), (iii) the principal portion of the Purchase Amounts received with respect to all Receivables that became Purchased Receivables during the related Collection Period, (iv) the aggregate amount of Cram Down Losses that shall have occurred during the related Collection Period; and (v) following the acceleration of the Notes pursuant to Section 5.2 of the Indenture, the amount of money or property collected pursuant to Section 5.4 of the Indenture since the preceding Determination Date by the Trust Collateral Agent for distribution pursuant to Section 5.7 hereof over (y) the Step-Down Amount, if any, for such Distribution Date.

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.

  • Aggregate Class B Interest Distributable Amount With respect to any Distribution Date, the sum of (i) the Note Class Interest Distributable Amount for the Class B Notes as of such Distribution Date and (ii) the Class B Interest Carryover Shortfall as of the close of the preceding Distribution Date.

  • Class C Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class C Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

  • Class C Reserve Account Percentage means, (i) zero, if the Quarterly Excess Available Funds Percentage on such Transfer Date is greater than or equal to 4.50%, (ii) 1.25%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 4.50% and greater than or equal to 4.00%, (iii) 2.00%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 4.00% and greater than or equal to 3.50%, (iv) 2.75%, if the Quarterly Excess Available Funds Percentage is less than 3.50% and greater than or equal to 3.00%, (v) 3.50%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 3.00% and greater than or equal to 2.50%, (vi) 4.50%, if the Quarterly Excess Available Funds Percentage is less than 2.50% and greater than or equal to 2.00%, and (vii) 6.00%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 2.00%.

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.