Rata Formula definition

Rata Formula. The Employer’s contribution for the Plan Year shall be allocated to each eligible Participant on a pro-rata basis based on the Compensation of the Participant to the total Compensation of all Participants.
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Examples of Rata Formula in a sentence

  • Rata Formula is a percentage obtained by dividing (i) the aggregate amount of the Participant’s Remaining Contribution expressed in the applicable Financing Agreement by (ii) the sum of the aggregate amounts of all Participants’ Remaining Contributions expressed in the applicable Financing Agreements, each of these amounts to be determined according to exchange rates prevailing at the time MIGA issues a withdrawal notice under Section 4.01, above.

  • Pro Rata Formula The Employer share of the cost of these benefits shall be based on the percent of seventy-five (75) hours per pay period worked during the six (6) calendar months preceding.

  • Allocation Formula Employer Profit Sharing Contributions will be allocated to the Individual Accounts of Qualifying Participants as follows (select one): Option 1: Pro Rata Formula.

Related to Rata Formula

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be the

  • Discount Percentage shall have the meaning specified in Section 2.11.

  • Payout Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 2, which shall be used to determine the value of each Performance Unit.

  • Adjustment Percentage means, with respect to any Loan, the quotient (expressed as a decimal) of the Loan Value for such Loan divided by the Cut-Off Date Unpaid Principal Balance of such Loan.

  • Applicable LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.4(a).