Pro Rata Fee definition

Pro Rata Fee means the applicable Membership Subscription fee payable from the Start Date till the end date of the Start Date Month.
Sample 1
Pro Rata Fee means (1) for Target Availability measured monthly, one-twelfth of the total annual fee for the Offering (excluding taxes, etc.), and (2) for Target Availability measured quarterly, one-fourth of the total annual fee for the Offering (excluding taxes, etc). The Service Credit will be calculated to the nearest 30-minute interval. The total Service Credits in a month may not exceed 20% of the Monthly Fee.
Sample 1

Examples of Pro Rata Fee in a sentence

  • Pro Rata Fee: the Fee/s that may be applicable under clause 20 and set out in the Details.

  • The Tax Collector shall provide Class Counsel with monthly reports detailing the total amount of Pro Rata Fee and Cost Obligations recouped from Settlement Class Members during the preceding month and deliver payment of said amount to Class Counsel simultaneous with such reports.

  • The Tax Collector shall commence payment of Class Counsel’s Court-awarded attorneys’ fees, costs and expenses beginning thirty (30) days following the mailing of notices to commence collection of the Pro Rata Fee and Cost Obligations from all Settlement Class Members pursuant to Section X hereof.

  • The Parties agree that the foregoing allocation formula is exclusively for purposes of computing, in a reasonable and efficient fashion, (a) the amount of each Settlement Class Member’s Pro Rata Fee and Cost Obligation and (b) Net Distribution Amount in accordance with the Court- awarded amounts of (i) attorneys’ fees, costs and expenses to Class Counsel, and (ii) reimbursement to the Tax Collector in connection with the Notice Program.

  • The form of the notice to be sent to each Settlement Class Member regarding the Pro Rata Fee and Cost Obligation and Net Distribution Amount shall be agreed upon by the Tax Collector and Class Counsel and attached to the proposed Final Approval Order that will be an exhibit to the Motion for Final Approval.

  • For Settlement Class Members who did not receive and/or did not negotiate the check(s) mailed in October/November 2018 that represented the Gross Distribution Amount, the notice shall include a replacement check(s) representing the Net Distribution Amount to which such Settlement Class Member is entitled after deduction of its Pro Rata Fee and Cost Obligation.

  • Pro Rata Fee: the Fee/s that may be applicable under clause 12.3 and set out in the Details.

  • This Agreement has been amended and restated as of June 23, 2005 and may be amended further by an agreement in writing signed by the parties hereto.

  • Work Product shall not be withheld or restricted by Developer pending determination of the Pro Rata Fee, or during any period that the merits of termination are subject to dispute, provided that all prior payments were up to date.

  • If you join online after the 1st of any given month you may be required to pay the Pro Rata Fee plus the following month's fee up front.

Related to Pro Rata Fee

  • Pro Rata Share As to any Distribution Date, the Subordinated Principal Distribution Amount and any Class of Subordinated Certificates, the portion of the Subordinated Principal Distribution Amount allocable to such Class, equal to the product of the Subordinated Principal Distribution Amount on such Distribution Date and a fraction, the numerator of which is the related Class Certificate Balance thereof and the denominator of which is the aggregate of the Class Certificate Balances of the Subordinated Certificates.

  • 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.

  • Pro Rata shall have the meaning given in subsection 2.1.4.

  • Ratable Share means, for any Guarantor in respect of any payment of Obligations, the ratio (expressed as a percentage) as of the date of such payment of Obligations of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of all of the Loan Parties exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties hereunder) of the Loan Parties; provided, however, that, for purposes of calculating the Ratable Shares of the Guarantors in respect of any payment of Obligations, any Guarantor that became a Guarantor subsequent to the date of any such payment shall be deemed to have been a Guarantor on the date of such payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such payment; and (c) “Contribution Share” shall mean, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Loan Parties other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties) of the Loan Parties other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 10.06 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under Law against the Borrower in respect of any payment of Obligations.

  • Unused Fee has the meaning specified in Section 2.09(a).

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Applicable Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.