Define: Pro Rata Share
What does "Pro Rata Share" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (EXELON CORP, seen in 1 filing)
Pro Rata Share means with respect to any Lender, the percentage obtained by dividing (a) such Lender's Commitment by (b) the aggregate Commitments of all Lenders.
Source: EXELON CORP 10-K
Definition 2 (Constellation Energy Corp, seen in 1 filing)
Pro Rata Share means for each Group, a percentage equal to (i) the Commitment of the Committed Lenders in such Group, divided by (ii) the aggregate amount of all Commitments of all Committed Lenders.
Source: Constellation Energy Corp 10-K
Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.