2024 Pro rata sharing clause

Pro rata sharing clause

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August undefined, 2024

WebbTenant's Pro Rata Share of Operating Expenses. Initially .9038%, subject to adjustment in accordance with Sections 1.4 (h) and 11.20. Sample 1. Tenant's Pro Rata Share of Operating Expenses. In addition to any other sums due from Tenant under this Lease, Tenant shall pay to Landlord, as additional rent, in the manner and at the times set forth ... Webb13 sep. 2024 · Course Hero, once an edtech unicorn valued at $3.6 billion, conducts layoffs. Natasha Mascarenhas. 12:48 PM PDT • March 16, 2024. Course Hero, a tutoring …

PRO-RATA CLAUSE Sample Clauses Law Insider

WebbSet-Off; Pro Rata Sharing. Each Borrower hereby confirm to Agent and each Lender the continuing and immediate rights of set-off of Agent and each Lender with respect to all … WebbPro Rata means certain total amount (e.g., payment, cost, price, fee) distributed in equal portions or in proportion to some factor (e.g., time period, partial usage or consumption). Prorate (verb) Prorate means a process of determining and proportionally allocating the pro rata portions as a share of any given whole (i.e., pro rata calculation). name a job where you bend over a lot

Prorata Sharing Sample Clauses Law Insider

WebbPro Rata Payments Payments to the Holders shall be pro rata with other Holders who purchased Notes in the same oRering, based on the Principal Amount of each such Note. If a Holder receives a payment in excess of his, her, or its pro rata share, the excess shall be deemed to be held in trust for the benefit of other Holders. WebbSample 1. Pro-rata Indemnification. From and after the Closing, and subject to the limitations set forth herein, each Seller shall indemnify the Buyer Indemnified Persons for such Seller ’s Pro Rata Share of all Losses incurred or sustained by, or imposed upon, such Buyer Indemnified Person resulting from: Sample 1. WebbPro Rata Meaning “Pro rata” refers to a fair and equitable method of distributing something. The term is derived from Latin, and it means “in proportion” or … medtronic b31040

Example Investor Side Letter Agreement — Angel Investing

Pro rata clause Definition & Meaning Merriam-Webster Legal

Webb14 apr. 2024 · The meaning of PRO RATA CLAUSE is a clause in an insurance policy limiting an insurer's liability for a loss to a proportionate share in relation to coverage … WebbShare via email Close Share Drafting note Via Email modal Close Close Share Drafting note Via Email modal Document Syndication and transfer of loans—overview Send to Email address * Open Help options for Email Address. You can send the message to up to 4 other recipients. Separate each address with a semi-colon (;) Example: [email protected]; medtronic awl tip tapWebb19 sep. 2024 · Following the conversion or repayment in full of the outstanding amount under your Note, your “pro rata share” shall mean the ratio of the number of shares of capital stock of the Company then held by you (calculated on an as-converted to Common Stock basis) to the number of fully diluted shares immediately prior to the issuance of … name a job where you\u0027d be bending over a lot

"Webb8 okt. 2024 · If any shareholder fails to subscribe for all or part of its pro-rata proportion of cash call shares by the deadline specified, then the other shareholder(s) can acquire those remaining shares. " - Pro rata sharing clause

Pro rata sharing clause

Pro Rata Liability Clause - Insuranceopedia.com

Webb19 jan. 2024 · A group of nonparticipating lenders sought a preliminary injunction in state court to block the transaction, arguing, in part, that the proposed transaction … WebbPro Rata Shares All Loans shall be made, and all participations purchased, by Lenders simultaneously and proportionately to their respective Pro Rata Shares, it being …

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WebbPro Rata Shares All Loans shall be made, and all participations purchased, by Lenders simultaneously and proportionately to their respective Pro Rata Shares, it being …

WebbA sharing clause aims to: (a) prohibit the borrower from discriminating against the lenders by making payments to only some and not all the lenders; and (b) discourage a … Webb15 maj 2024 · The formulation of pro rata sharing provisions first became an area of focus in the 90s in the context of sponsors trying to capture trading discounts by making …

WebbSample 1. Pro Rata Liability. In addition to the limitations set forth in Sections 7.1 (a), (e), (g), (h) and (i), under no circumstances shall any Seller be liable for indemnification under Section 7.1 (b) of this Agreement or otherwise for an amount in excess of such Seller ’s Pro Rata Share of the lesser of (1) the Indemnity Cap or (2 ... Webb10 maj 2024 · This clause must encompass the warranties, representations, obligations, & execution of the agreement. Consideration & Sale of Shares As per this clause, there must include a clear illustration of the payment structure in the agreement. The details given below should find their way in the agreement under the consideration terms.

WebbPro Rata Payment. All payments owed to the Holders of the Notes (whether for principal, interest, or otherwise) shall be made pro rata among such Holders based upon the …

WebbRelated to Pro Rata Interest. Pro Rata Payments Payments to the Holders shall be pro rata with other Holders who purchased Notes in the same oRering, based on the Principal Amount of each such Note. If a Holder receives a payment in excess of his, her, or its pro rata share, the excess shall be deemed to be held in trust for the benefit of other Holders. medtronic b34000WebbPro Rata [Latin, Proportionately.] A phrase that describes a division made according to a certain rate, percentage, or share. In a Bankruptcy case, when the debtor is insolvent, creditors generally agree to accept a pro rata share of what is owed to them. name a jewish place of worshipWebb15 maj 2024 · At the other end of the scale, some pro rata sharing provisions only apply to payments that are “due and payable,” or to payments resulting from enforcement actions against collateral. This... medtronic b35200Webb29 feb. 2016 · In most cases, a Tenant’s Pro Rata Share is determined by the following fraction: Some leases will clearly state the square footage of the denominator. This will make the tenant’s Pro Rata Share easy to calculate and verify. Other leases may simply state a percentage amount. medtronic awardsWebb28 mars 2024 · A pro rata liability clause is a stipulation in an insurance policy that obliges the insurance company to cover only a percentage of a loss if the insured has other … medtronic b3301542mWebbPro Rata Shares. All Loans shall be made by Lenders simultaneously and proportionately to their respective Pro Rata Shares, it being understood that no Lender shall be responsible … medtronic awsWebb16 nov. 2024 · The core principle of the job-sharing arrangement is flexibility. While you as an employer should be clear about what you expect in terms of outputs in many cases it will be the job-sharers themselves who will work out how they will deliver in the role. The ideal job-share is where handovers are smooth and consistency of work is maintained. medtronic b31061