Proration Factor definition

Proration Factor has the meaning set forth in Section 11.1.3 hereof.
Proration Factor shall have the meaning given the term in Section 11(a)(iii) of this Agreement.
Proration Factor meansing set forth in Section 11(a)(iii).

Examples of Proration Factor in a sentence

  • The number of shares in the Initial Stock Grant to an Eligible Participant shall be determined by multiplying the Proration Factor (as defined below) by the amount determined by (A) dividing the Annual Stock Retainer as in effect for that Plan Year, by the Fair Market Value of the Stock on the Grant Date, and (B) rounding to the nearest whole number.

  • Importantly, we should ask whether taxpayers should be subsidizing the ability of higher income borrowers to buy a more expensive house, given the nation’s debt crisis.

  • Stratasys Shares accepted for payment pursuant to the offer will be paid promptly following the calculation of the final Proration Factor.

  • During the Proration Month, each New Shipper will be allocated a portion of the available capacity equal to its nomination made in good faith multiplied by the Proration Factor, up to the level of its nomination.

  • The Proration Factor is a fraction, the numerator of which is the number of full months of service as a Non-Employee Director between the Grant Date and the next annual shareholders’ meeting date, and the denominator of which is 12.


More Definitions of Proration Factor

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 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, 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 amount of PRB Expansion Capacity by the total PRB Expansion Capacity Nominations.
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.