“Ratable Portion” means, with respect to any Note, an amount equal to the product of # the amount equal to the net proceeds being so applied to the prepayment of Senior Indebtedness in accordance with [Section 10.3(2)], multiplied by # a fraction the numerator of which is the

““Ratable Portion”Portion” means, within respect toof any Note,holder of any Note and any Transfer contemplated by the definition of Debt Prepayment Application, an amount equal to the product of # the amount equal to the net proceedsNet Proceeds Amount being so applied to the prepaymentpayment of Senior IndebtednessDebt in accordanceconnection with [Section 10.3(2)],such Transfer multiplied by # a fraction the numerator of which is the outstanding principal