Pro rate definition

Pro rate or “Pro Rata Share” means, with respect to any distribution under the Plan to the Holder of an Allowed Claim in a particular Class or otherwise, a fraction, the numerator of which shall be the amount of such Holder’s Allowed Claim and the denominator of which shall be the sum of all Allowed Claims and all Disputed Claims in such Class and, if applicable, other Classes, all determined as of the applicable Distribution Date.
Sample 1Sample 2Sample 3
Pro rate means the recognition of actual time worked, in comparison to a regular full time Employee.
Sample 1Sample 2
Pro rate means the proportion that an Allowed Claim bears to the aggregate amount of Allowed Claims in the class to which the Allowed Claim belongs.
Sample 1Sample 2

Examples of Pro rate in a sentence

  • If the system were to accurately and validly compare outcomes across sites, the OBCQI system would have to take into account differences across sites.

  • Total Loss/ CTL/ TheftIn case of total loss/ CTL/ theft of the insured vehicle during the policy, the policy shall be cancelled from the date of intimation of loss & third party premium for unexpired period shall be refunded on Pro- rate basis.

  • Pro rate any payments made bi-weekly, quarterly, semi-annually, or annually to show monthly rate.

  • Pro rate adjustment, if allowed, normally will be made by the issuance of credit.

  • Pro rate fees will not apply to those who begin to use services on or after the 15th of each month.

  • KIND WEIGHT NAME OFFICIAL USE: LEASE INFORMATION Beginning Date Ending Date Move in date Size of Apt: Monthly Rental Yearly Rental Pro rate BALANCE DUE UPON EXECUTION OF LEASE BY MONEY GRAM $ SECURITY DEPOSIT$ Pricing and terms are subject to change without notice.

  • The Pro rate bonus payout assumes full year exit maximum at December 31 of the year.

  • Pro rate any payments made bi-weekly, quarterly, semi-annually, or annually to show monthly rate[ ] Check box if joint pet is filed & debtor's spouse maintains a separate household.

  • Pro rate monthly payments can be made by submission of proof for attendance register, statutory payments and etc.

  • Pro rate any payments made bi-weekly,quarterly, semi-annually, or annually to show monthly rate.


More Definitions of Pro rate

Pro rate shall appear in this Lease, it shall refer to the Tenant's gross square footage 15,656 as that figure compares to the total gross square footage included in any billing for taxes, insurance or other services being provided for that portion of the leased premises.
Sample 1
Pro rate means, with respect to any offer of shares of Common Stock or securities exercisable or convertible into shares of Common Stock, an offer based on the relative percentages of Securities then held by or issuable to all of the stockholders to whom such offer is made.
Sample 1
Pro rate means the pro-rate period of the Warranty Period starting from the Date of Purchase of the Shingle by the first owner until the date of official claim for defects as listed in this TEGOLA CANADESE Limited Registered Warranty accepted and recorded by TEGOLA CANADESE, and covered by this TEGOLA CANADESE Limited Registered Warranty. “Warranty Period” means the total coverage period provided by Tegola Canadese Srl on the Shingles under this TEGOLA CANADESE Limited Registered Warranty. The duration of the Warranty Period for each model of Shingle is listed in the Information Table below.
Sample 1

Related to Pro rate

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Final average salary means whichever of the following is greater:

  • Five-year U.S. Treasury Rate means, as of any Reset Dividend Determination Date, as applicable, an interest rate (expressed as a decimal) determined to be the per annum rate (i) equal to the average of the yields on actively traded U.S. treasury securities adjusted to constant maturity, for five-year maturities, for the five Business Days appearing (or, if fewer than five Business Days appear, such number of Business Days appearing) under the caption “Treasury Constant Maturities” in the most recent H.15 as of 5:00 p.m. (Eastern Time); or (ii) if there are no such published yields on actively traded U.S. treasury securities adjusted to constant maturity, for five-year maturities, then the rate will be determined by interpolation between the average of the yields on actively traded U.S. treasury securities adjusted to constant maturity for two series of actively traded U.S. treasury securities, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Dividend Determination Date and (B) the other maturing as close as possible to, but later than, the Reset Date following the next succeeding Reset Dividend Determination Date, in each case for the five Business Days appearing (or, if fewer than five Business Days appear, such number of Business Days appearing) under the caption “Treasury Constant Maturities” in the most recent H.15 as of 5:00 p.m. (Eastern Time) as of any date of determination.

  • Constant Percentage 2 means 100%;