Pro Rata Factor

Pro Rata Factor. As of any date means the fraction reflecting (a) the aggregate outstanding principal amount of the AEGON Loan then beneficially owned by AEGON (excluding any such principal amount to which AEGON has granted a participation interest to any Person that is not an affiliate of AEGON) divided by (b) $275,000,000. Prior to any Assignment or any repayment of principal with respect to the AEGON Loan, the Pro Rata Factor shall be 1.00. For purposes of the definition of "Pro Rata Factor," the... Intercreditor Agreement dated as of November 3, 2004 among Purchaser, Transamerica Accounts Holding Corporation, as agent, and the other parties thereto shall be deemed not to constitute an assignment or the granting of any participation interest in the AEGON Loan to any Person. View More