Common use of Partial Period Proration Clause in Contracts

Partial Period Proration. If the Effective Date is any Day other than the first Day of a Month, or if this Agreement is terminated on any Day other than the last Day of a Month, then any quantity based on a Monthly determination will be prorated by a fraction, the numerator of which is the number of Days in that part of the Month beginning on the Effective Date or ending on the date of such termination, as the case may be, and the denominator of which is the number of Days in the Month.

Partial Period Proration. If the Effective Date is any Day other than the first Day of a Month, or if this Agreement is terminated on any Day day other than the last Day day of a Month, then any quantity based on calculation determined with respect to a Monthly determination Month will be prorated by a fraction, the numerator of which is the number of Days days in that part of the Month beginning on the Effective Date or ending on the date of such termination, as the case may be, termination and the denominator of which is the number of Days days in the Month.