Examples of Proportional Amount in a sentence
If the amount of Charity provided in any Lease Year is less than the Minimum Charity Care Amount (both amounts prorated if such Lease Year is less than twelve (12) full calendar months), Base Rent payable for such Lease Year shall be reduced by the Proportional Amount.
The Agency’s goal is to minimize performance failures by providing technical assistance to potential projects prior to the submission of an application for benefits and in helping projects understand the Performance Based Incentive Policy as follows: • When a project does not achieve expected FTEs at the Project Facility by the dates set in the Project Agreement and falls below a Proportional Amount of 90%.
The proportional tax deduction shall be established in such a way that the percentage of the proportional tax deduction on input tax is reduced by the amount which the taxpayer does not have the right to deduct in compliance with Article 32, paragraph 6 of the Law.Percentage of proportional deduction = annual taxable supplies (standard and zero rate) x 100 total annual supplies Proportional Amount of input tax in a tax period -tax deduction= Amount of input tax referred to in Art.
To the extent that the Holder completes any Share Acquisition prior to the Vesting Termination Date, the Holder’s right to exercise the Proportional Amount of the purchase rights represented by this Warrant shall automatically vest immediately upon the consummation of the applicable Share Acquisition.
No further Commission will be payable to the Intermediary for that Contract and the Intermediary will repay to the Society a Proportional Amount of any Indemnity Commission (including VAT where applicable) which has already been paid to the Intermediary in respect of the sale of that Contract.