PR definition

PR has the meaning set forth in Section 7.4(a).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

PR means the communication to the public right granted in clause 2.1.3.

PR is the number of payroll periods that occur during a year under the Company's and the Bank's normal payroll practices; "I" equals the applicable federal short term rate established under section 1274 of the Internal Revenue Code of 1986 (the "Code") for the month in which the Executive's termination of employment occurs (the "Short Term AFR") and "n" equals the product of the Remaining Unexpired Employment Period at the Executive's termination of employment (expressed in years and fractions of years) multiplied by the number of payroll periods that occur during a year under the Company's and the Bank's normal payroll practices. The Salary Severance Payment shall be made within five (5) business days after the Executive's termination of employment and shall be in lieu of any claim to a continuation of base salary which the Executive might otherwise have and in lieu of cash severance benefits under any severance benefits program which may be in effect for officers or employees of the Bank or the Company.

Examples of PR in a sentence

The PR shall use its commercially reasonable efforts to apply the rules and elections under the BBA in a manner that minimizes the likelihood that any Partner would bear any material tax as a result of any audit or proceeding that is attributable to another Partner (other than a predecessor in interest).
Each Partner and former Partner hereby severally indemnifies and holds the Fund, the Manager and the PR harmless for such Partner’s or former Partner’s respective portion of the financial burden of an Imputed Underpayment as provided in the foregoing sentence.
The Manager shall have the right to resign as PR by giving thirty (30) days’ written notice to each Partner.
The PR may also, in its own discretion, elect on behalf of the Fund to opt out of the partnership audit procedures required under the BBA.
The PR shall keep the Partners informed of all administrative and judicial proceedings, as required by Section 6223(g) of the Code, and shall furnish to each Partner, if such Partner so requests in writing, a copy of each notice or other communication received by the PR from the U.S. Internal Revenue Service, except such notices or communications as are sent directly to such requesting Partner by the U.S. Internal Revenue Service.

More Definitions of PR

PR means production royalty, a form of royalty based on metal produced, often at a predetermined fixed price.

PR means Performance Ratio.

PR means private funding sources;

PR means 37%, being the premium, expressed as a percentage, retained at the moment the terms of the Bonds become definitive, which represents the Par Value as compared to the reference price of the Unibail-Rodamco Share;

PR means partial remission;

PR means the date of general market introduction of the Product in the Law Enforcement Field. The Product Release Date will be mutually and explicitly agreed to in writing by LFP and CMI.

PR means pensioner representatives.