Examples of Pro Rata in a sentence
Additionally, in an underwritten offering, all participating Holders and the Company shall bear the expenses of the Underwriter Pro Rata in proportion to the respective amount of shares each is selling in such offering.
Employees hired by a successor employer in a contract flip shall be provided Pro Rata Personal days for the first calendar year under the same formula with no wait period.
Any reference in this Agreement to an allocation between or sharing by the Purchasers of any right, interest or obligation “ratably,” “proportionally” or in similar terms shall refer to the Purchasers’ Pro Rata Shares unless expressly provided otherwise.
The Pro Rata Share shall be the number of full weeks until January1st divided by 52 and multiplied by eight (8) days.
If any Participation Rights Holder fails to send such written notice within the prescribed time period or declines to exercise fully its Right of Participation, then the right of such Participation Rights Holder to purchase all of any part of its Pro Rata Share of such New Securities shall be forfeited.