Prorata Basis definition

Prorata Basis means prorated according to the time worked while employed. This is expressed as a percentage of time worked by full-time employees.
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Prorata Basis means prorated according to the time worked while employed. This is expressed as a percentage of time assigned in relation to a full time assignment.
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Examples of Prorata Basis in a sentence

  • All pre-operative expenses incurred on Capital Work in Progress allocated to related fixed assets on Pro-rata Basis.

  • Forthisworkwith 05 (Five) years Defect Liability Period: The Security Deposit shall be Refunded to the Contractor on Prorata Basis @ 30% after the end of 04 (Four) years successful completion of Defect Liability Periods.

  • Subsidy should be on Pro-rata Basis wherein it will be elaborated as the proportionate release of the funds on the basis of the promoter’s contribution.

  • Determine the level of interest of the study sample by addressing organisational slack concerns; and4.

  • The ROPP DB is equal to the sum of Purchase Payments adjusted on a Pro-rata Basis for any amountspreviously withdrawn.

  • Pro-rata Basis: The ratio between the number of hours in an employee’s normal work schedule and forty (40) hours per week, as it applies to leaves and benefits.

  • Forfeiture and Re-issue of Shares Allotted on Pro-rata Basis in Case of Over-subscriptionIn case where the shares of a Company are oversubscribed, it is not possible for the company to satisfy the demand of all the applicants.

  • Security Deposit shall become payable only after successful completion of the work on Prorata Basis @ 2.00 (Two) Percent each Year up to 05 (five) years after the date of Successful Completion of the Work .

  • If the trial court does not find the existence of a mitigating factor after it has been argued by counsel, however, the trial court need not explain why it has determined that factor does not exist.

  • ACCEPTANCE / PENALTY /REJECTION SpecificationAcceptance / Penalty / Rejection80% and above purity as Ca(OH)2Acceptable on purity79.9% to 76% purity as Ca(OH)2Can be accepted on Pro-rata Basis (With penalty)Below 76% purity as Ca(OH)2RejectedMoisture more than 2%RejectedAcid Insoluble more than 1.5%Rejected The acceptance /rejection /penalty is based on the analysis done at Madras Fertilizers Ltd Quality Control laboratory only.

Related to Prorata Basis

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

  • Pro Rata and Pari Passu Basis means with respect to the Notes and the Note Holders, the allocation of any particular payment, collection, cost, expense, liability or other amount between such Notes or such Note Holders, as the case may be, without any priority of any such Note or any such Note Holder over another such Note or Note Holder, as the case may be, and in any event such that each Note or Note Holder, as the case may be, is allocated its respective Percentage Interest of such particular payment, collection, cost, expense, liability or other amount.

  • Lot means a parcel or a single article that is the subject matter of a separate lease or delivery, whether or not it is sufficient to perform the lease contract.

  • Proportionate Interest has the meaning specified in Section 2.5(d);

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Allocation shall have the meaning set forth in Section 2.7.