Proration Factor definition

Proration Factor has the meaning set forth in Section 11.1.3 hereof.
Proration Factor means a fraction calculated by dividing the amount of available capacity available in a Proration Month by the total nominations Carrier receives from Shippers for the Proration Month.
Proration Factor shall have the meaning given the term in Section 11(a)(iii) of this Agreement.

Examples of Proration Factor in a sentence

  • The "Adjusted Purchase Price" shall mean the product of the Purchase Price and the Proration Factor.

  • The "ADJUSTED PURCHASE PRICE" shall mean the product of the Purchase Price and the Proration Factor.

  • The “Adjusted Purchase Price” shall mean the product of the Purchase Price and the Proration Factor.

  • Section 13(b) Proration Factor..........................................

  • The Adjusted Purchase Price shall mean the product of the Purchase Price and the Proration Factor.


More Definitions of Proration Factor

Proration Factor meansing set forth in Section 11(a)(iii).
Proration Factor means a fraction calculated by dividing the capacity of the System segment to be prorated under Item No. 65 by the total Nominations.
Proration Factor means a fraction calculated by dividing the amount of Expansion Capacity on the affected line segment under this subpart (c) of Item No. 48 by the total Expansion Capacity Nominations.
Proration Factor means a fraction calculated by dividing the amount of PRB Expansion Capacity by the total PRB Expansion Capacity Nominations.
Proration Factor means a fraction, the numerator of which
Proration Factor means a fraction, the numerator of which is equal to the number of days between (and including) the Grant Date and the date such employment so terminates, and the denominator of which is equal to 1097.
Proration Factor means a fraction calculated by dividing the capacity of the line segment to be prorated under Item No. 80 by the total Nominations.