Pro Rata Reduction. Each reduction to the Total Revolving Credit Commitment pursuant to this Section 2.8 shall be applied proportionately to reduce the Revolving Credit Commitment of each Bank.
Pro Rata Reduction. If, during a Month, Seller is unable to deliver all or a portion of the total quantity of Ethylene that Seller is obligated to deliver to all of Seller’s term contracts (including this Agreement) during such Month, Seller shall be entitled to allocate to Buyer a quantity of Ethylene no less than Buyer’s pro rata share of such total quantity during such Month.
Pro Rata Reduction. If a registration in which any Stockholder has the right to participate pursuant to this Section 1.2 is an underwritten primary registration on behalf of the Company, and the managing underwriters advise the Company in writing that in their opinion the number of securities requested to be included in such registration exceeds the number that can be sold in such offering, the Company shall include in such registration (i) first, the securities of the Company proposed to be sold by the Company, and (ii) second, the Common Stock proposed to be sold by such Stockholder and by any other Stockholders proposing to sell shares of Common Stock pursuant to such registration, in proportion to the number of shares of Common Stock so requested by each of them to be included. If a registration in which such Stockholder has the right to participate pursuant to this Section 1.2 is an underwritten secondary registration and the managing underwriters advise the Company in writing that in their opinion the number of securities requested to be included in such registration exceeds the number that can be sold in such offering, then the Company shall include in such offering the number of shares of Common Stock owned and proposed to be sold by such Stockholder and by any other participants (including other Stockholders) proposing (and entitled) to sell shares pursuant to such registration, in proportion to the number of shares of Common Stock so requested by each of them to be included.
Pro Rata Reduction. If a demand registration is an underwritten registration and the managing underwriters advise the Company and the Stockholders participating in the demand registration in writing that in their opinion the number of shares of Common Stock requested to be included in such registration exceeds the number that can be sold in such offering, then the amount of such shares that may be included in such registration shall be allocated pro rata among all of such participating Stockholders in proportion to the number of shares of Common Stock such Stockholders have requested to include in the demand registration.
Pro Rata Reduction. The reduction percentage that is calculated at the time of a withdrawal by dividing the amount of each withdrawal (including any applicable withdrawal charges) by the Contract Value immediately prior to the withdrawal.
Pro Rata Reduction. If a demand registration is an underwritten registration and the managing underwriters advise the Company and the Stockholders participating in the demand registration in writing that in their opinion the number of shares of Common Stock requested to be included in such registration exceeds the number which can be sold in such offering, then the amount of such shares that may be included in such registration shall be allocated pro rata among all of such participating Stockholders in proportion to the number of shares of Common Stock such Stockholders have requested to include in the demand registration.
Pro Rata Reduction. In the event that the aggregated amount of payments of all Valid Claims (i.e., Ordinary Out-of-Pocket Loss Claims, Attested Lost Time Claims, Extraordinary Out-of-Pocket Loss Claims, and Alternative Cash Payment Claims) exceeds the total amount of the Settlement Fund, then the value of the payments to be paid to each Class Member making a Valid Claim shall be reduced on a pro rata basis, such that the aggregate value of all payments for all Valid Claims does not exceed the Settlement Fund (after payment of all Settlement Administration Costs, attorneys’ fees and costs, and Service Awards). All pro rata reduction determinations shall be made by the Settlement Administrator.
Pro Rata Reduction. If, for reasons other than those related to inclement weather (e.g., dangerous conditions, lightning, rain, flooded or soaked fields), a Host Party reduces a Guest Party’s use from the amount of use contemplated in the Master Use Schedule set forth in Exhibit D of this Agreement for a particular facility without providing an equivalent substitute facility, then the Host Party shall reimburse the Guest Party the pro-rata amount for use of that facility as provided in Section A of Exhibit C to this Master Agreement. The Host Party shall pay the pro-rata payment for reduced use of a specific facility within 30 days after such non-use.
Pro Rata Reduction. If the total amount of Adjusted Base Claims for all Class Members who submit Accepted Claims exceeds the Net Settlement Fund, each Class Member’s Adjusted Base Claim will be reduced on a pro rata, proportionate basis, until the total Adjusted Base Claims equals the
Pro Rata Reduction. Any Escrow Shares released from the Escrow Account to Buyer shall be charged pro rata with respect to the shares of each Seller in accordance with each Seller's percentage interest in the Company, as set forth in Exhibit B to the Share Purchase Agreement, which Exhibit is incorporated herein by this reference.
