Rata bly or Ratable

Rata bly or Ratable. Means, with respect to any amount to be allocated between the Holder Parties and BP as of any date of determination, the allocation of a portion of such amount to (a) the Holder Parties such that the ratio that the amount allocated to the Holder Parties bears to the total amount to be so allocated equals the ratio of the Note Obligations to the Total Obligations and (b) BP such that the ratio that the amount allocated to BP bears to the total amount to be so allocated equals the ratio of the BP... Swap Obligations to the Total Obligations. View More