Pro-rata Benefit definition
Pro-rata Benefit means that if a Recovery Period or any portion thereof is less than a full month, the benefit payable for each day the Insured is in a Recovery Period is 1/30th of the monthly benefit.
Pro-rata Benefit means with respect to any Person acquired in a Permitted Acquisition in any Fiscal Year, 20% of the EBITDA of such Person for the Fiscal Year in which such Person was acquired pursuant to such Permitted Acquisition, multiplied by, (x) in the case of the Fiscal Year in which such acquisition occurred, a fraction, the numerator of which is the number of days commencing on the date of such acquisition to the end of such Fiscal Year and the denominator of which is 365 and (y) in the case of subsequent Fiscal Years, one (1).
Pro-rata Benefit has the meaning specified in Section 5.4.