Proration Amount definition

Proration Amount shall have the meaning set forth in Section 2.6.1.

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Proration Amount has the meaning set forth in Section 1.4(a).

Proration Amount means the amount determined in accordance with Exhibit D.

Examples of Proration Amount in a sentence

This fluctuation will cause a slight adjustment in the Daily Proration Amount each semester.
Shall take possession of the Premises before the start of the Lease Term on ________ (Start Date) and agrees to pay ________(Proration Amount) for the proration period.
CAM, insurance, utilities, property taxes, rent and any amounts billed (before or after the Closing) by landlords for other items under the Leases for the period prior to the Closing Date, and which (i) Seller has not paid prior to the Closing or (ii) have not been taken into account in the computation of the Proration Amount, shall be a continuing obligation of Seller which shall survive the Closing.
Payment by Buyer or Seller, as the case may be, of the proration amounts determined pursuant to this Section 5.2 shall be due thirty (30) days after the last to occur of (i) Seller's acceptance of the Proration Schedule or failure to give Buyer a timely Notice of Disagreement; (ii) Buyer's acceptance of Seller's Proration Amount; and (iii) notice to Seller and Buyer of the resolution of the disputed amount by the Referee.
After the receipt of any notice of disagreement, Buyer and Sellers shall negotiate in good faith to resolve any disagreements regarding the Final Proration Amount.

More Definitions of Proration Amount

Proration Amount shall have the meaning set forth in Section 2.3(a).

Proration Amount means the amount of such apportionment of the Proration Items that is the responsibility of Seller.

Proration Amount as used herein, means the net amount of the credit (or debit) to Seller as a result of the allocation of income and expenses to the "Old Partnership" (as such term is hereinafter defined) by reason of the prorations hereinafter provided for.

Proration Amount has the meaning set forth in Section 6.2.

Proration Amount has the meaning set forth in Section 1.3. “Proceeding” – any action, arbitration, hearing, investigation, audit, inquest, litigation or suit (whether civil, criminal, administrative, investigative, or informal) commenced, brought, conducted, or heard by or before, or otherwise involving, any Governmental Authority or arbitrator. “Property” – collectively, the Tigo Lease Agreements, the Ground Leases, the Easements, the Tenant Leases, the Intangible Personal Property, the Purchased Improvements and the Tangible Personal Property, in each case as they relate to the Towers and Tower Sites. “Purchased Assets” – has the meaning set forth in the Recitals. For the avoidance of doubt, Purchased Assets primarily relating to Existing WIP Sites shall only be transferred when the Existing WIP Site is transferred as a Completed WIP Site. “Purchased Improvements” – means any of the following Improvements owned by Seller and/or its Affiliates and related to the operation of the Towers that are located at any Tower Site: (i) equipment pads or raised platforms capable of accommodating exterior cabinets or equipment shelters and access for the placement and servicing of other Improvements; (ii) Towers ’ earthing equipment, (iii) grounding rings; (iv) fencing, site walls, and any site security equipment (other than site security equipment exclusively protecting Communications Equipment or Seller Retained Improvements); (v) signage; (vi) hardware constituting a tower platform to hold Communications Equipment; (vii) access road improvements; (viii) all lighting systems and light monitoring devices; (ix) cable trays; and (x) foundations and civil works. For the avoidance of doubt, the Purchased Improvements shall not include (a) any Seller Retained Improvements; (b) generators and associated fuel tanks; (c) air conditioning equipment; (d) any buildings, warehouses, huts, containers, shelters or exterior cabinets; and (e)

Proration Amount means the amount calculated in accordance with Section 3.06.

Proration Amount shall be the ratio of (i) the sum of Lessee square footage (specified in Exhibit B as Lessee first floor and Lessee trailer) plus one half of all common areas to (ii) the total square footage of the Building (specified in Exhibit B as total rentable square footage). Rent shall be payable each and every calendar month during the term hereof in advance on the first business day of such month. The monthly rent for the period through December 31, 1997 shall be as specified in Exhibit D. Subject to Section 16, for each year subsequent to 1997, the rent shall be adjusted effective as of January 1 of such year based upon the actual expenses for the twelve months ended on the immediately preceding November 30 and the allocation basis specified on Exhibit D. If the term commences on a day other than the first day of a calendar month, rent for the first month shall be prorated based on the portion of the calendar month remaining.