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.

  • 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.

  • 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.

  • Notwithstanding the foregoing, Parent may deliver to the Escrow Agent two certificates representing the total number of Escrow Shares and Adjustment Shares, respectively, pursuant to this Section 1.8(a) in lieu of issuing separate certificates representing such holder's Pro Rata Escrow Shares or Pro Rata Adjustment Shares.

  • 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.

  • Further, Aquasium, ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ hereby acknowledge that the principal amount of each of the Pro Rata Adjustment Notes may be subject to adjustment from time to time in the manner contemplated by Sections 2.05(d) and 8.03.

  • The annual EBIT target for the year ending December 31, 2002 will be increased by $123,750 to $2,958,750, calculated as follows: Full EBIT Target Increase ($1,100,000 x 15%) $165,000 Pro Rata Adjustment Based on Days Remaining in Current Year (275/365 or 75%) $123,750 Each subsequent year during the remaining Term the EBIT target will be increased by the full $165,000 ($1,100,000 x 15%) to $3,000,000.

  • 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 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.


More Definitions of Pro Rata Adjustment

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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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 has the meaning set forth in Section 1.3.
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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 shall have the meaning set forth in Section 2.6(b)(i)(A).

  • 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 (A) the Closing Net Working Capital as finally determined pursuant to this Section 2.5 minus the Estimated Net Working Capital, plus (B) Estimated Indebtedness minus Closing Indebtedness as finally determined pursuant to this Section 2.5, plus (C) Closing Cash as finally determined pursuant to this Section 2.5 minus Estimated Cash, plus (D) Estimated Transaction Expenses minus Closing Transaction Expenses as finally determined pursuant to this Section 2.5;