Pro Rata Calculation Sample Clauses

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.
Sample 1Sample 2Sample 3See All (6)
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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.
Sample 1Sample 2Sample 3See All (5)
Pro Rata Calculation. See Section 11.2 for the formula for calculating pro-rata compensation.
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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 Xxxxxxx 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 Xxxxxxx and the Investors (on an as-converted basis for all Preferred Stock) at the time of the sale or transfer.
Sample 1
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.
Sample 1
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.
Sample 1
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.
Sample 1
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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.
Sample 1

Related to Pro Rata Calculation

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Pro Forma Calculations For the purposes of calculating Annualized EBITDA of Borrower and its Restricted Subsidiaries, on a consolidated basis, for any period (a “Test Period”), (i) if at any time from the period commencing on the first day of such Test Period and ending on the last day of such Test Period (or, in the case of any pro forma calculation required to be made pursuant hereto in respect of the designation of a Restricted Subsidiary as an Unrestricted Subsidiary that is a Material Disposition or the designation of an Unrestricted Subsidiary as a Restricted Subsidiary that is a Material Acquisition, ending on the date such Material Disposition or Material Acquisition is consummated after giving effect thereto), Borrower or any Restricted Subsidiary shall have made any Material Disposition, the Annualized EBITDA for such Test Period shall be reduced by an amount equal to the Annualized EBITDA (if positive) for such Test Period attributable to the assets which are the subject of such Material Disposition or increased by an amount equal to the Annualized EBITDA (if negative) for such Test Period attributable to such assets; (ii) if during such Test Period Borrower or any Restricted Subsidiary shall have made a Material Acquisition, Annualized EBITDA of Borrower and its Restricted Subsidiaries, on a consolidated basis, for such Test Period shall be calculated after giving pro forma effect thereto (including the incurrence or assumption of any Indebtedness in connection therewith) as if such Material Acquisition (and the incurrence or assumption of any such Indebtedness) occurred on the first day of such Test Period; and (iii) if during such Test Period any Person that subsequently became a Restricted Subsidiary or was merged with or into Borrower or any Restricted Subsidiary since the beginning of such Test Period shall have entered into any Material Disposition or Material Acquisition that would have required an adjustment pursuant to clause (i) or (ii) above if made by Borrower or a Restricted Subsidiary during such Test Period, Annualized EBITDA of Borrower and its Restricted Subsidiaries, on a consolidated basis, for such Test Period shall be calculated after giving pro forma effect thereto as if such Material Disposition or Material Acquisition occurred on the first day of such Test Period. For the purposes of this section, whenever pro forma effect is to be given to a Material Disposition or Material Acquisition and the amount of income or earnings related thereto, the pro forma calculations shall be determined in good faith by a Responsible Officer of Borrower. Comparable adjustments shall be made in connection with any determination of Annualized EBITDA.

  • Adjustments Not Yet Effective Notwithstanding anything to the contrary in this Indenture or the Notes, if:

  • Calculation of CP Costs On the third Business Day immediately preceding each Settlement Date, each Conduit shall calculate the aggregate amount of its Conduit Costs for the related Settlement Period and shall notify Seller of such aggregate amount.

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