Prorated Share definition

Prorated Share means the fees and expenses incurred by USDA for prosecuting and maintaining the Licensed Patent divided by the number of licensees.
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Prorated Share means the total number of unpaid units or funds divided by the number of months remaining between the time the prorated share is calculated and the end date of the contract.
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Prorated Share means an amount based on the amount of the Member’s contribution in SKLF’s assurance funds established for a particular Program: (a) as a proportion of the total deposits to the assurance fund established for a particular Program; and (b) calculated at the time the request for refund of Member’s contribution to the assurance fund is made.
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Examples of Prorated Share in a sentence

  • If the estimate of taxes and Operating Expenses utilized by Landlord in calculating Tenant’s Prorated Share for the preceding year exceeded the actual taxes and Operating Expenses paid by Landlord, then Landlord shall, at its election, either refund such excess payment to Tenant within 30 days after delivery of such verification to Tenant, or credit such amount against Tenant’s next monthly payment(s) of base rent and taxes and Operating Expenses.

  • The Lessor shall bill back to the City their Prorated Share of Common Area Charges as defined in Section 7.c.

  • Through the capitalization into shares of Enjoy S.A. of said portion of the Convertible Unsecured Loan, to be determined in accordance with their Prorated Share, in place of the Capitalization A-1 (hereinafter the “A-2 Capitalization”).

  • The City shall pay the City’s Prorated Share, as defined in Section 7.b. above, of all operating costs and expenses for the Property listed below that are paid or incurred by the Lessor in operating and maintaining the “Common Areas”, as defined in Section 10 of this Lease, of the Property (“Common Area Charge”).

  • By December 15th of each year during the Term, the Lessor shall provide the City with a copy of ▇▇▇▇▇▇’s estimated operating budget for the total Common Area Charges for the subsequent calendar year and the City’s Prorated Share.

  • Tenant’s Phase IV Generator Prorated Share shall be increased to Forty-seven and 4/10ths Percent (47.4%) (25,531/53,834).

  • If such taxes and Operating Expenses paid exceed the estimated amounts used in calculating Tenant’s Prorated Share, then Landlord shall invoice Tenant for the difference and Tenant shall pay such sum within 30 days of receipt of such invoice.

  • The Trustee will ask the debenture holders who held the debentures on the effective date (as stated in Section 26.5 below) to provide it with the Financing Cushion amount – with each Bondholder furnishing their Prorated Share (as defined below).

  • The City shall pay to the Lessor the City’s proportionate share of a Property Special Assessment that is billed and payable during the Term, if any equal to the product of the Property Special Assessment multiplied by the City’s Prorated Share as defined below (“Special Assessments Charge”).

  • Other than the monthly payment of Tenant’s Prorated Share of taxes and Operating Expenses set forth above, Tenant shall not be obligated in any manner to pay any other taxes or expenses incurred by Landlord in connection with the management, use and operation of the Premises, the Building and the Property, and Landlord shall be solely responsible for the timely payment thereof.


More Definitions of Prorated Share

Prorated Share the prorated share of Bonds held by the holder on the relevant effective date as stated in Section 26.7 below, out of the total par value of the Bonds in circulation at that time. It is clarified that the calculation of the relative share will remain fixed even if following such date there is a change in the par value of the debentures held by the holder. It is clarified that the debenture holders responsible for covering expenses as stated in this section above will be able to incur the expenses stated in this section above beyond their relative share, and in this case the order of priority will apply to the restitution of the amounts in accordance with what is stated in Section 11 of this Deed of Trust.
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Related to Prorated Share

  • Allocated Share for any month means that percentage of CMISC Reimbursable Out-of-Pocket Expenses which would be allocated to a Fund for such month in accordance with the methodology described below under the heading “Methodology of Allocating CMISC Reimbursable Out-of-Pocket Expenses.”

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.