Pro Rata Adjustment definition

Pro Rata Adjustment is defined in Section 2.5.
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Pro Rata Adjustment means the Pro Rata Increase or the Pro Rata Reduction.
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Pro Rata Adjustment has the meaning set forth in Section 3.06.
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Examples of Pro Rata Adjustment in a sentence

  • A Pro Rata Adjustment is calculated separately for each withdrawal, creating a decrease in the death benefit proportional to the decrease the withdrawal makes in the Contract Value.

  • Table 3Approved Weighted Average Cost of Capital Cost Component Total Capital Pro Rata Adjustment The weighted average cost of capital is a fall out issue that combines the cost rate and amount of the capital components into a final overall rate of return.

  • The amount of Tenant's Reimbursement obligation shall be determined by one of the following methods: [Check only the one applicable box] [ ] Base Year/Expense Stop Adjustment [x] Pro Rata Adjustment [ ] Fixed Amount Adjustment The calculation for each of said methods is set forth under Section 4 below.

  • In order to be granted an adjustment, Accredited Funds Professionals must complete a Pro Rata Adjustment Form (see Appendix A) available on the Institute’s ‘My Institute’ in ‘CPD Downloads’ and return it to the Institute.

  • The amount of Tenant's Reimbursement shall be determined by one of the following methods as described in Section 4 below [check only one]: [X] Base Year/Expense Stop Adjustment; [ ] Pro Rata Adjustment; [ ] Fixed Amount Adjustment; [ ] Net Lease Provisions.

  • The amount of Tenant's Reimbursement shall be determined by one of the following methods as described in Section 4 below [check only one/: [X] Base Year/Expense Stop Adjustment: Pro Rata Adjustment: Fixed Amount Adjustment: Net Lease Provisions.

  • Following receipt of the Initial Adjustment Certificate, Insight shall have five Business Days to review such schedule and supporting information and to notify AT&T of any disagreements with AT&T's estimates of its Pro Rata Adjustment.

  • To be granted an adjustment, Certified Bank Directors must complete a Pro Rata Adjustment Form (see Appendix A) available on the Institute’s ‘My Institute’ in ‘CPD Downloads’ and return it to the Institute.

  • In order to be granted an adjustment, Chartered Bankers must complete a Pro Rata Adjustment Form (see Appendix A) available on the Institute’s ‘My Institute’ in ‘CPD Downloads’ and return it to the Institute.

  • The amount of Tenant's Reimbursement shall be determined by one of the following methods as described in Section 4 below [CHECK ONLY ONE]: / / Base Year/Expense Stop Adjustment; / / Pro Rata Adjustment; /X/ Fixed Amount Adjustment; / / Net Lease Provisions.


More Definitions of Pro Rata Adjustment

Pro Rata Adjustment has the meaning set forth in Section 1.3.
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Pro Rata Adjustment means an adjustment made to the Entitlement given to a Qualified Person who is either no longer employed by Techniche but who was employed for a period no less than three years prior to the Exit Event or is currently employed by Techniche but has been an employee for less than three years prior to the Exit Event. This person will receive a pro rata adjustment based upon the period they were an employee of Techniche over the 36 month period, i.e. if the Qualified Person was an employee for a period of 24 months prior to the Exit Event then the pro rata adjustment would be equal to 24/36 of the Entitlement.
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Pro Rata Adjustment means a price per Share (which price could be negative) determined by subtracting the Fair Market Value of such Share as determined on the Valuation Date in the fiscal year in which the Participant's employment or other service is terminated from the Fair Market Value of such Share as determined on the Valuation
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Pro Rata Adjustment means a price per Share (which price could be negative) determined by subtracting the Fair Market Value of such Share as determined on the Valuation Date in the fiscal year in which the Participant's employment or other service is terminated from the Fair Market Value of such Share as determined on the Valuation Date in the fiscal year immediately following the fiscal year in which the Participant's employment or other service is terminated, and then multiplying such difference by a fraction, the numerator of which shall be the number of calendar days the Participant was employed by the Company or any Subsidiary in the fiscal year in which the Participant's employment or other services is terminated, and the denominator of which shall be the total number of calendar days in the fiscal year in which the Participant's employment or other services is terminated.
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Pro Rata Adjustment means an adjustment to the number of CPD hours required to be completed under the Minimum Competency Code in accordance with Section 1.4 (e)(ii) of the Minimum Competency Code;
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Related to Pro Rata Adjustment

  • Pro Rata Amount means, for each Major Investor, that portion of the New Securities identified in an Offer Notice which equals the proportion that the Common Stock issued and held, or issuable (directly or indirectly) upon conversion and/or exercise, as applicable, of the Preferred Stock and any other Derivative Securities then held, by such Major Investor bears to the total Common Stock of the Company then outstanding (assuming full conversion and/or exercise, as applicable, of all Preferred Stock and other Derivative Securities).

  • Pro Rata Allocation The allocation of the principal portion of Realized Losses to the Senior Certificates (other than the Class R and Class P Certificates), on the one hand, and the Class B Certificates, on the other hand, pro rata according to their respective aggregate Class Principal Balances, in reduction thereof in the manner provided in the succeeding paragraphs of this definition (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss shall first be allocated to the Class P Certificates, and the remainder of such loss shall be allocated as set forth above), and the allocation of the interest portion of Realized Losses to all Classes of Certificates (other than the Class R and Class P Certificates) pro rata according to the amount of interest accrued but unpaid on each such Class, in reduction thereof, and then to the Senior Certificates (other than the Class R, Class P and Class X Certificates), on the one hand, and the Class B Certificates, on the other hand, pro rata according to their respective aggregate Class Principal Balances, in reduction thereof in the manner provided in the succeeding paragraphs of this definition. The principal portion of a Realized Loss on any Mortgage Loan allocated to the Class A Certificates pursuant to this definition of "Pro Rata Allocation" shall be allocated in reduction of the respective Class Principal Balances of the Subgroup 1, Subgroup 2 and Subgroup 3 Certificates as follows:

  • Pro Rata Fraction means a fraction, the numerator of which shall be equal to the number of days between the Grant Date and the Participant’s Date of Termination and the denominator of which shall be 1095.

  • Pro Rata Annual Bonus means the amount of Annual Bonus, multiplied by a fraction, the numerator of which is the number of days in such year during which the Executive was actually employed by the Company (or its predecessor) and the denominator of which is 365.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Adjustment Percentage means, with respect to any Loan, the quotient (expressed as a decimal) of the Loan Value for such Loan divided by the Cut-Off Date Unpaid Principal Balance of such Loan.

  • Holder Pro Rata Amount means a fraction (i) the numerator of which is the original Principal amount of this Note on the Closing Date and (ii) the denominator of which is the aggregate original principal amount of all Notes issued to the initial purchasers pursuant to the Securities Purchase Agreement on the Closing Date.

  • Non Pro Rata Loan is defined in Section 9.2 hereof.

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Pro Rata Acquisition has the meaning set forth in the definition of "Acquiring Person" herein.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Pro Rata Repurchases means any purchase of shares of Common Stock by the Company or any Affiliate thereof pursuant to (A) any tender offer or exchange offer subject to Section 13(e) or 14(e) of the Exchange Act or Regulation 14E promulgated thereunder or (B) any other offer available to substantially all holders of Common Stock, in the case of both (A) or (B), whether for cash, shares of Capital Stock of the Company, other securities of the Company, evidences of indebtedness of the Company or any other Person or any other property (including, without limitation, shares of Capital Stock, other securities or evidences of indebtedness of a subsidiary), or any combination thereof, effected while this Warrant is outstanding. The “Effective Date” of a Pro Rata Repurchase shall mean the date of acceptance of shares for purchase or exchange by the Company under any tender or exchange offer which is a Pro Rata Repurchase or the date of purchase with respect to any Pro Rata Repurchase that is not a tender or exchange offer.

  • Lot line adjustment means the relocation of the property boundary line in a

  • SNB Adjustment Spread means, with respect to the SNB Policy Rate, the spread to be applied to the SNB Policy Rate in order to reduce or eliminate, to the extent reasonably practicable under the circumstances, any economic prejudice or benefit (as applicable) to Noteholders as a result of the replacement of the Swiss Average Rate Overnight with the SNB Policy Rate for purposes of determining SARON, which spread will be determined by the Calculation Agent, acting in good faith and a commercially reasonable manner, taking into account the historical median between the Swiss Average Rate Overnight and the SNB Policy Rate during the two year period ending on the date on which the SARON Index Cessation Event occurred (or, if more than one SARON Index Cessation Event has occurred, the date on which the first of such events occurred).

  • Spread Adjustment means 100 basis points.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Pro Rata Portion means the ratio of (x) the Subscription Amount of Securities purchased on the Closing Date by a Purchaser participating under this Section 4.12 and (y) the sum of the aggregate Subscription Amounts of Securities purchased on the Closing Date by all Purchasers participating under this Section 4.12.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Pro Rata Repurchase means any purchase of shares of Common Stock by the Corporation or any subsidiary thereof, whether for cash, shares of capital stock of the Corporation, other securities of the Corporation, evidences of indebtedness of the Corporation or any other person or any other property (including shares of a subsidiary of the Corporation), or any combination thereof, effected while any of the shares of ESOP Preferred Stock are outstanding, pursuant to any tender offer or exchange offer subject to Section 13(e) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or any successor provision of law, or pursuant to any other offer available to substantially all holders of Common Stock; provided, however, that no purchase of shares by the Corporation or any subsidiary thereof made in open market transactions shall be deemed a Pro Rata Repurchase. For purposes of this paragraph I(7), shares shall be deemed to have been purchased by the Corporation or any subsidiary thereof “in open market transactions” if they have been purchased substantially in accordance with the requirements of Rule 10b-18 as in effect under the Exchange Act, on the date shares of ESOP Preferred Stock are initially issued by the Corporation or on such other terms and conditions as the Board of Directors of the Corporation or a committee thereof shall have determined are reasonably designed to prevent such purchases from having a material effect on the trading market for the Common Stock.

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • SOFR Adjustment means 0.10% (10 basis points).