Proration Factor definition

Proration Factor has the meaning set forth in Section 11.1.3 hereof.
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Proration Factor shall have the meaning given the term in Section 11(a)(iii) of this Agreement.
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Proration Factor means a fraction calculated by dividing the amount of available capacity available in a Proration Month by the total nominations Carrier receives from Shippers for the Proration Month.
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Examples of Proration Factor in a sentence

  • The "Adjusted Purchase Price" shall mean the product of the Purchase Price and the Proration Factor.

  • The number of shares in the Initial Stock Grant to an Eligible Participant shall be determined by multiplying the Proration Factor (as defined below) by the amount determined by (A) dividing the Annual Stock Retainer as in effect for that Plan Year, by the Fair Market Value of the Stock on the Grant Date, and (B) rounding to the nearest whole number.

  • Participants in the Plan with less than one year of service will be eligible for a prorated incentive amount as set forth in Proration Factor below.

  • The Proration Factor is a fraction, the numerator of which is the number of full months of service as a Non-Employee Director between the Grant Date and the next annual shareholders’ meeting date, and the denominator of which is 12.

  • The "ADJUSTED PURCHASE PRICE" shall mean the product of the Purchase Price and the Proration Factor.


More Definitions of Proration Factor

Proration Factor meansing set forth in Section 11(a)(iii).
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Proration Factor means a fraction calculated by dividing the amount of Expansion Capacity on the affected line segment under this subpart (c) of Item No. 48 by the total Expansion Capacity Nominations.
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Proration Factor means a fraction calculated by dividing the capacity of the System segment to be prorated under Item No. 65 by the total Nominations.
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Proration Factor means a fraction calculated by dividing the amount of PRB Expansion Capacity by the total PRB Expansion Capacity Nominations.
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Proration Factor means a fraction, the numerator of which
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Proration Factor means a fraction, the numerator of which is equal to the number of days between (and including) the Grant Date and the date such employment so terminates, and the denominator of which is equal to 1097.
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Proration Factor means a fraction calculated by dividing the capacity of the line segment to be prorated under Item No. 80 by the total Nominations.
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