WEN » Topics » ratably

This excerpt taken from the WEN 8-K filed Mar 12, 2009.
ratably” means, with respect to any Lender, (a) with respect to the Revolving Credit Facility, the percentage obtained by dividing (i) the Revolving Credit Commitment of such Lender by (ii) the aggregate Revolving Credit Commitments of all Lenders (or, at any time after the Revolving Credit Termination Date, the percentage obtained by dividing the aggregate outstanding principal balance of the Revolving Credit Outstandings owing to such Lender by the aggregate outstanding principal balance of the Revolving Credit Outstandings owing to all Lenders) and (b) with respect to the Term Loan Facility, the percentage obtained by dividing (i) the Term Loan Commitment of, and Term Loans made by, such Lender by (ii) the aggregate Term Loan Commitments of, and Term Loans made by, all Lenders (or, at any time after the Second Closing Date, the percentage obtained by dividing the outstanding principal amount of such Lender’s Term Loans by the aggregate outstanding principal amount of the Term Loans of all Lenders).

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