Prorated Share definition

Prorated Share means the fees and expenses incurred by USDA for prosecuting and maintaining the Licensed Patent divided by the number of licensees.
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Prorated Share means an amount based on the amount of the Member’s contribution in SKLF’s assurance funds established for a particular Program: (a) as a proportion of the total deposits to the assurance fund established for a particular Program; and (b) calculated at the time the request for refund of Member’s contribution to the assurance fund is made.
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Prorated Share means the total number of unpaid units or funds divided by the number of months remaining between the time the prorated share is calculated and the end date of the contract.
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Examples of Prorated Share in a sentence

  • In the event the Police Building or a portion thereof is taken by governmental authority having jurisdiction, Westtown shall reimburse East Goshen its Prorated Share of East Goshen’s Equity Interest in the Police Building, for which the proceeds of the condemnation shall be security.

  • In the event that the Department is dissolved for any reason whatsoever, Westtown shall reimburse East Goshen its Prorated Share of the value of the Police Building, net of the value of the land, within one hundred eighty (180) days of the date the Department is officially dissolved.

  • Staff Rent, Utilities, Custodial Rental / Lease /Prorated Share of Equipment Purchase (Per instructions)a.b.*4.

  • A Member shall have no claim to a refund of the Member’s Prorated Share of contributions to any assurance funds until the expiration of such 90-day period.

  • Black, Fischer, and Myron Scholes, 1973, The pricing of options and corporate liabilities,Journal of Political Economy 81, 637-654.

  • SKLF may deduct and set off from any refund a Member’s Prorated Share of contributions to any assurance funds any amount owing to SKLF by the Member, including any costs, fees or expenses incurred by SKLF with respect to that Member.

  • Provided SKLF is not in default with its lender and does not have an amount due to its lender that cannot be paid as a result of a Member default under the Program Agreements, and further provided such Member is not in default with SKLF, then ninety (90) days following the day on which the Member resigns from SKLF, SKLF shall refund the Member’s Prorated Share of contributions to any assurance funds as set forth in the Program Agreements.

  • In our MDBMS prototype system random access to media objects with time di- mension is not supported yet and therefore we do not provide the features for time depend- ant objects.

  • Provided SKLF is not in default with its lender and does not have an amount due to its lender that cannot be paid as a result of a Member default under the Program Agreements, and further provided such Member is not in default with SKLF, then ninety (90) days following the day on which the Member ceases to be a member of SKLF, SKLF shall refund the Member’s Prorated Share of contributions to any assurance funds as set forth in the Program Agreements.

Related to Prorated Share

  • Allocated Share for any month means that percentage of CMISC Reimbursable Out-of-Pocket Expenses which would be allocated to a Fund for such month in accordance with the methodology described below under the heading “Methodology of Allocating CMISC Reimbursable Out-of-Pocket Expenses.”

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • PSU means Public Sector Undertaking

  • Unit Share means a Common Share comprising part of each Unit;

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(i) below) and the holders of a majority in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • certificated share means a share which is not an uncertificated share and references in these articles to a share being held in certificated form shall be construed accordingly;

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • Phantom Unit means a notional Unit granted under the Plan which upon vesting entitles the Participant to receive, at the time of settlement, a Unit or an amount of cash equal to the Fair Market Value of a Unit, as determined by the Committee in its sole discretion.

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Sale Share means a Share which is sold or disposed of in accordance with this Schedule.

  • Vested means the nonforfeitable portion of any account maintained on behalf of a Participant.