Pro Rata Distributions definition

Pro Rata Distributions means the product of the Investment Returns multiplied by the quotient resulting from dividing the total number of Certificate of Participation held by a Buyer by the total number of Certificate of Participation issued by the Seller.
Sample 1

Examples of Pro Rata Distributions in a sentence

  • Once the sum total of distributions for a given performance fee equals $10 for every $1 paid for the performance fee, the performance fee will automatically expire, and “burn” and Buyer will no longer be entitled to further Pro Rata Distributions.

  • Pro Rata Distributions will be made after receipt of funds from Lawsuits.

  • Once 100% of the initial investment has been returned to Buyers, the Buyers will receive 50% of the Investment Returns in the form of Pro Rata Distributions, and Seller will retain the remaining 50% of the Investment Returns.

  • Assuming an initial Buyer investment of $100,000 : ● 100% of initial Buyer investment is repaid = $100,000 ● 50% of remaining $400,000 investment return is distributed to Buyer = $200,000 ● Total payout to Buyer is $300,000 When the “Investment Returns” reaches $1,000,000 all subsequent times, the Buyer, and the Seller, split the Pro Rata Distributions evenly until the buyer has been paid (10x) times return on initial investment.