Pro Rata Distribution means an optional Distribution made in accordance with section 4.03(c), 4.04(e), or 4.04(i) of the Plan. Each Creditor entitled to receive a portion of a Pro Rata Distribution shall receive such Creditor’s Pro Rata Share of such Distribution.
Pro Rata Distribution means the Distribution per dollar of Total Damages;
Pro Rata Distribution has the meaning set forth in Section 5(b).
Examples of Pro Rata Distribution in a sentence
Once the Administrator determines that a Claimant is an Authorized Claimant, the respective number of his, her or its Eligible Shares, and his, her or its Maximum Entitlement and Pro Rata Distribution from the Compensation Fund, the Administrator shall advise the Claimant of the Administrator’s decision via e-mail.
If Pro Rata Distribution would result in a payment of under $2.00 to a Class Member, that Class Member will instead be compensated with a Minimum Payment.
More Definitions of Pro Rata Distribution
Pro Rata Distribution. If the amount collected is not sufficient to satisfy the amounts referred for collection, then the amount collected shall be distributed on a pro rata basis as provided in R&TC Section 19282, subdivisions (a) and (d). This is based on a percentage equal to the current balance of each case divided by the total balance of the account.
Pro Rata Distribution means the Distribution per Qualified Share;
Pro Rata Distribution means the Distribution per dollar of Total Damages; (cc) “Public Correction” means November 13, 2020;
Pro Rata Distribution means the process of applying the Allocation Formula to the Net Settlement Amount as described in Sections V.G.2, V.G.3. and IV.A.3 of this Settlement Agreement.
Pro Rata Distribution means, for each Proven Claim, an amount calculated by multiplying the Plan Support Fund Residual by the Proven Claim Residual, divided by the aggregate total of all Proven Claim Residuals;
Pro Rata Distribution means a distribution by the Plan Trustee to beneficiaries of the Plan Trust, made proportionately, so that with respect to a particular beneficial interest in the Plan Trust, the ratio of (a)(i) the value of property distributed on account of such beneficial interest to (ii) the amount of the Allowed Claim on account of which such beneficial interest was distributed, is the same as the ratio of (b)(i) the value of property distributed on account of all beneficial interests to (ii) the amount of all Allowed Claims on account of which all beneficial interests in the Plan Trust are distributed.
Pro Rata Distribution means an acquisition as a result of: