Pro Rata Calculation Clause Samples

Pro Rata Calculation. For purposes of calculating any pro rata Cash-Based Awards under Section 2.2(e), (f), (g) and (h) hereof, a month shall not be considered if the determining event occurs on or before the 14th day of the month, and a month shall be considered if the determining event occurs on or after the 15th day of the month.

Pro Rata Calculation. Where any of paragraphs (a) and (c) of the definition of Support Year apply, the Annual Revenue Floor and Annual Revenue Ceiling will be adjusted proportionally, having regard to the number of days in the relevant partial year as a percentage of the total number of days in a full calendar year.

Pro Rata Calculation. The pro rata calculation shall include (a) the calendar month of the Grant Date if such date is prior to the 16th day of such month, (b) the calendar month of the Release Date if such date is subsequent to the 15th day of such month, and (c) the calendar month in which the triggering event occurred if such event occurred subsequent to the 15th day of such month.

Pro Rata Calculation. Each Major Holder shall have the right -------------------- to purchase that number of shares of Offered Stock equal to the product obtained by multiplying the aggregate number of shares of Offered Stock less the number of shares purchased by the Company pursuant to Subsection 2.3(b) by a fraction (A) the numerator of which is the sum of (x) the number of shares of Common Stock owned by such Major Holder, plus (y) the number of shares of Common Stock issuable upon conversion of the Preferred Stock owned by such Major Holder at the time of the Offeror's Notice; and (B) the denominator of which is the sum of (a) the total number of shares of Common Stock owned by all Major Holders at the time of the Offeror's Notice, plus (b) the number of shares of Common Stock issuable upon conversion of Preferred Stock owned by all Major Holders outstanding at the time of the Offeror's Notice.

Pro Rata Calculation. Should this Lease commence or terminate at any time other than the first (1st) day of a calendar year, the cost adjustment referred to in Subsections 3.2.1, 3.2.2, 3.2.3 and 3.2.4 shall be calculated for the commencement or termination year on a pro rata basis, based upon the number of calendar days during which Tenant leases or is deemed to lease the Premises.

Pro Rata Calculation. Each Major Holder may sell all or any part -------------------- of that number of shares of Common Stock equal to the product obtained by multiplying the aggregate number of Co-Sale Shares covered by the Co-Sale Notice by a fraction (i) the numerator of which is the sum of (A) the number of shares of Common Stock owned by such Major Holder, plus (B) the number of shares of Common Stock issuable upon conversion of Preferred Stock owned by such Major Holder at the time of the sale; plus (C) the number of shares of Common Stock issuable upon exercise of outstanding options or warrants held by such Major Holder or the time of the sale; and (ii) the denominator of which is the total number of shares of Common Stock held by the Major Holders and the Selling Common Holder, including the number of shares of Common Stock issuable upon conversion of the shares of Preferred Stock then owned by such Major Holders.

Pro Rata Calculation. Each Investor may sell all or any part of -------------------- that number of shares of Common Stock equal to the product obtained by multiplying the aggregate number of ▇▇▇▇▇▇▇ Shares covered by the Co-Sale Notice by a fraction (i) the numerator of which is the number of shares of Common Stock (on an as-converted basis for all Preferred Stock) owned by the Investor at the time of the sale or transfer and (ii) the denominator of which is the total number of shares of Common Stock owned by ▇▇▇▇▇▇▇ and the Investors (on an as-converted basis for all Preferred Stock) at the time of the sale or transfer.