Pro Rata Ratio definition

Pro Rata Ratio means the number of full calendar months in which the Executive was employed during the Termination Year divided by 12.

Pro Rata Ratio with respect to any Investor, means the ratio of: (a) the total number of Ordinary Share Equivalents held by that Investor to (b) the total number of Ordinary Share Equivalents held by all Investors.

Pro Rata Ratio means a fraction, the numerator of which is 365 and the denominator of which is the number of days elapsed between the first day of the Performance Period in which Employee’s employment is terminated pursuant to Section 17 hereof and the Measuring Date.

Examples of Pro Rata Ratio in a sentence

• The Administrator will then multiply the Pro Rata Ratio by the Eligible Claimant’s Notional Damages to determine the Distribution to be paid to each Eligible Claimant.

• The carrying amounts of the Group’s trade receivables approximate to their fair values.

• Payment of any indemnification obligations pursuant to Section 10.2.1(b) shall be made by the applicable party, first out of such party’s share of the Escrow Funds (based on its Pro Rata Ratio) and then directly by such party.

• In the event the amount of the Escrow Funds (to the extent available therefor) and the Sellers’ Representative Reserve available to satisfy Charges (the “Remaining Escrow Property”) is insufficient to satisfy all Charges, then the Sellers shall, severally, but not jointly or jointly and severally, each in accordance with its Pro Rata Ratio, pay the Charges in excess of the Remaining Escrow Property.

• Pro Rata Ratio, for purposes of this Agreement, is the ratio of (x) the total number of shares of Parent Common Stock otherwise payable as Merger Consideration to each shareholder pursuant to Section 1.8(a) and Section 1.11(b) to (y) the total number of shares of Parent Common Stock issued as Merger Consideration pursuant to this Agreement.

More Definitions of Pro Rata Ratio

Pro Rata Ratio means, with respect to each WCAS Securityholder, the ratio which the number of shares of Parent Series B Preferred Stock set forth next to such WCAS Securityholder's name on Annex I hereto bears to the sum of the number of shares of Parent Series B Preferred Stock set forth next to the names of all of the WCAS Securityholders on Annex I hereto.

Pro Rata Ratio means the ratio set forth on Exhibit A with respect to each share of Company Capital Stock, which shall be used to determine the pro rata share of the Aggregate Hold Back Amount to be delivered with respect each such share of Company Capital Stock in accordance with Article 7.

Pro Rata Ratio means: (i) other than for purposes of Section 10 hereof, with respect to each Seller or Additional Indemnitor, a fraction, the numerator of which is such Seller’s or Additional Indemnitor’s Pro Rata Portion and the denominator of which is the sum of the Pro Rata Portions for all Sellers and Additional Indemnitors; and (ii) solely with respect to the obligations of the Reliant Indemnitors and Additional Indemnitors pursuant to Section 10, (a) with respect to the Reliant Indemnitors, a fraction, the numerator of which is the aggregate Pro Rata Portion of all Reliant Indemnitors and the denominator of which is the sum of the aggregate Pro Rata Portions of all Reliant Indemnitors and of all Additional Indemnitors and (b) with respect to each Additional Indemnitor, a fraction, the numerator of which is such Additional Indemnitor's Pro Rata Portion and the denominator of which is the sum of the aggregate Pro Rata Portions of all Reliant Indemnitors and of all Additional Indemnitors.

Pro Rata Ratio shall be calculated as follows: the number of days that have elapsed between the date hereof and the termination date, divided by 365.

Pro Rata Ratio with respect to any Investor or Yu Dong, means the ratio of: (a) the total number of Ordinary Share Equivalents held by that Investor or Yu Dong (both directly and indirectly through SkillGreat or other entity) to (b) the total number of Ordinary Share Equivalents held by all Investors and Yu Dong (both directly and indirectly through SkillGreat or other entity).

Pro Rata Ratio means, as to each share of Series A Preferred Stock that is issued and outstanding, the quotient obtained by dividing (A) that number of shares of Common Stock into which each share of Series A Preferred Stock is then convertible pursuant to Section 7 hereof immediately prior to the conversion pursuant to Section 8(a) of Article IV by (B) all Common Stock Equivalents issued and outstanding (excluding “out-of-the-money” stock options) immediately prior to the IPO.

Pro Rata Ratio with respect to any Investor, means the ratio of: (a) the total number of shares of Common Stock Equivalent held by that Investor to (b) the total number of shares of Common Stock Equivalent held by all Investors.