Sentences with phrase «pro rata share of»

In the event Broker shall receive less than the full commission which is due in connection with any transaction, Broker shall be obligated to pay only the pro rata share of such funds as actually collected by Broker.

They are taking on risk by signing on the debt, but are they guaranteeing their pro rata share of the debt?

In connection with the transaction, the Sunrise transferred its interest valued at approximately $ 16.8 million in the previous joint venture, and its pro rata share of the loan proceeds from the new debt financing totaling $ 120.0 million and CNL Lifestyle Properties contributed approximately $ 36.0 million and its pro rata share of the loan proceeds from the new debt financing to the new venture.

Such fees should be related to the approximate costs of bringing the Service to the Member and must not be computed on the basis of the number of listings of a Multiple Listing Service or on the basis of a pro rata share of its assets.

The insurance company simply refunds the pro rata share of the premium.

Some policies require that policyholders reimburse their substitute by 100 percent and do not account for any type of reduction for pro rata share of fees and costs.

If you make a recovery in the civil justice system on your personal injury claim you will have to repay the full amount of medical payments made on your behalf by these federal programs, less their pro rata share of attorney fees and costs.

The tenant often must pay a pro rata share of real estate tax increases and, depending on the location of the premises, a pro rata share of common area charges over a base year.

Each donor (or a selected beneficiary) receives a pro rata share of the fund's income each year.

Each shareholder's respective pro rata share of foreign taxes the Schwab Target 2060 Fund pays will, therefore, be netted against its share of the fund's gross income.

Upon the expiration of the 240 - day period, the Secretary of State shall pay all approved claims from that 240 - day period in full unless the deposit is insufficient, in which case each approved claim shall be paid a pro rata share of the deposit.

The holder of the security is entitles to a pro rata share of principal and interest payments (including unscheduled prepayments) from the pool of mortgage loans.

PCs resemble GNMA Certificates in that each PC represents a pro rata share of all interest and principal payments made and owed on the underlying pool.

Each shareholder's respective pro rata share of foreign taxes a Schwab Target Index Fund pays will, therefore, be netted against its share of the Schwab Target Index Fund's gross income.

tax will be required to include in gross income (in addition to taxable dividends actually received) his or her pro rata share of the foreign taxes paid by a Fund, and may be entitled either to deduct (as an itemized deduction) his or her pro rata share of foreign taxes in computing his or her taxable income or to use it as a foreign tax credit against his or her U.S. federal income tax liability, subject to certain limitations.

In addition, the Portfolio will bear a pro rata share of the underlying portfolios» expenses.

If a borrower prepays a loan, you will receive your pro rata share of the principal amount outstanding at the time of the prepayment, minus our 1 % service charge.»

Taxpayers with net profits (or loss) from business, distributive share of partnership income (or loss), and / or pro rata share of S corporation income.

When MFWM utilizes ETFs, clients will incur their pro rata share of the expenses of the ETF, such as investment advisory and other management expenses.

(1) Although the Program Manager Fee and the State Administrative Fee are deducted from an Investment Portfolio, not from your Account, each Account in the Investment Portfolio indirectly bears its pro rata share of the Program Manager Fee and the State Administrative Fee, as these fees reduce the Investment Portfolio's return.

The earliest definition comes from the capital asset pricing model which argues the maximum diversification comes from buying a pro rata share of all available assets.

(1) Although the Plan Manager Fee and the Board Administrative Fee, if any, are deducted from an Investment Portfolio, not from your Account, each Account in the Investment Portfolio indirectly bears its pro rata share of the Plan Manager Fee and the Board Administrative Fee as these fees reduce the Investment Portfolio's return.

Unless otherwise noted, references to investments are to the aggregate holdings of the Fund, including its pro rata share of each Portfolio or Fund in which it invests.

«The U.S. Holder would increase the tax basis in its PFIC ownership interest to reflect the Holder's pro rata share of the PFIC's ordinary earnings and net capital gains.

Impact of QEF Election: A U.S. Holder who has made a QEF election includes its pro rata share of the PFIC's ordinary earnings and net capital gains in the Holder's income for each taxable year.

The basis for allocations between the Bank Lenders (68 percent) and TIFIA (32 percent) was the pro rata share of the outstanding debt as of the bankruptcy filing.

Among other conditions, the law requires the facilities to be offered at no cost, although a district may charge a charter school a pro rata share of facilities costs paid from its unrestricted general fund monies.

«Staff will explore the possibility of charging a pro rata share of debt service costs for occupancy of this space.»

Yes, Race to the Top put significant money on the table when times were tough, but every state got its pro rata share of $ 100 billion in Recovery Act funds, distributed by formula with virtually no strings attached.

The law requires any industry that discharges wastes into a public water supply to pay their pro rata share of treatment cost.

Upon a Shareholder's sale of some or all of its Shares, the Shareholder will be treated as having sold the portion of its pro rata share of the Bitcoins held by the Trust at the time of the sale that is attributable to the Shares sold.

In the case of a Shareholder that acquires its Shares as part of a creation of a Basket, the delivery of Bitcoins to the Trust in exchange for the underlying Bitcoins represented by the Shares will not be a taxable event to the Shareholder, and the Shareholder's tax basis and holding period for the Shareholder's pro rata share of the Bitcoins held by the Trust will be the same as its tax basis and holding period for the Bitcoins delivered in exchange therefor (except to the extent of any cash contributed for such Shares).

Accordingly, the Shareholder generally will recognize gain or loss on the sale in an amount equal to the difference between (1) the amount realized pursuant to the sale of the Shares, and (2) the Shareholder's tax basis for the portion of its pro rata share of the Bitcoins held by the Trust at the time of sale that is attributable to the Shares sold, as determined in the manner described in the preceding paragraph.

Demonstrate a capability to bid on a consistent basis for its pro rata share of auctions of Treasury securities, based on the number of primary dealers at the time of the auction.

Each LLC Interest will entitle the holder to a pro rata share of the net profits and net losses and distributions of SSE Holdings.

All the other shareholders, however, will also automatically receive a pro rata share of the gains.

EQT said shareholders will receive a pro rata share of the new company.

Not exact matches

If such holder participates in the next Qualified Financing but not to the full extent of its pro rata share, then only a percentage of its Series A Preferred Stock will be converted into Common Stock (under the same terms as in the preceding sentence), with such percentage being equal to the percent of its pro rata contribution that it failed to contribute.]

Unless the Committee or Board determines otherwise prior to the transaction, if substantially all of the assets of the Company are acquired by another corporation or in case of a reorganization of the Company involving the acquisition of the Company by another entity, (i) stock options and stock appreciation rights become exercisable immediately prior to the transaction; (ii) restrictions with respect to restricted stock and RSRs lapse and shares are delivered; and (iii) performance shares and performance units pay out pro rata based on performance through the end of the last calendar quarter.

Also, if a majority of the Board is comprised of persons other than (i) persons for whose election proxies were solicited by the Board; or (ii) persons who were appointed by the Board to fill vacancies caused by death or resignation or to fill newly - created directorships («Board Change»), unless the Committee or Board determines otherwise prior to such Board Change, then participants immediately prior to the Board Change who cease to be employees or non-employee directors within six months after such Board Change for any reason other than death or permanent disability generally have their (i) options and stock appreciation rights become immediately exercisable and to the extent not canceled or cashed out, generally have at least six months to exercise such awards; (ii) restrictions with respect to restricted stock and RSRs lapse and generally shares are delivered; and (iii) performance shares and performance units pay out pro rata based on performance through the end of the last calendar quarter before the time the participant ceased to be an employee.

Following the reorganization transactions, (1) each of SLP III, SLTA III, and SLP Technology will hold a number of LLC Units equal to its pro rata allocation of the number of LLC Units previously held by SLP GD, and (2) SLKF I will hold a number of shares of Class A common stock equal to its pro rata allocation of the number LLC Units beneficially owned indirectly by SLP III Kingdom Feeder Corp..

After payment of the full liquidation preference of the Series A, Series A-1, Series B, and Series C, the entire remaining amounts legally available for distribution will be distributed to the holders of our common stock pro rata based on the number of shares held by each holder.

The resulting aggregate net proceeds of the sales will be distributed in a pro rata manner as cash payments to those shareholders of record who would otherwise have received fractional shares of Marriott Vacations Worldwide common stock.

NHF plans to effect the separation through a spin - off in which it will distribute all of the outstanding shares of NXRT common stock to NHF's shareholders on a pro rata basis.

It also charges charter schools located in district buildings a «pro rata share» of facilities costs.

And just this month in the general election, San Diego passed a first - of - its - kind $ 2.8 billion school bond that earmarked «an equitable, pro rata share for charter schools» amounting to $ 350 million for charter facilities in the district.

According to this filing, MNOV proposes to offer AVGN stockholders a pro rata portion of 1.75 M shares of MNOV and a convertible security representing AVGN's «Net Cash Assets,» which MNOV defines as AVGN's cash remaining after it is wound up less $ 7M paid to be paid to MNOV.

If you own shares in a Fund at the beginning of a month and sell them during the month, you may still be responsible for and allocated a pro rata portion of income, gains, losses and deductions that were realized during the full month in which you sold your shares.

Each Investment Option (with the exception of the Principal Plus Interest Option) indirectly bears its pro rata portion of the underlying Funds» expenses because when fees are deducted from an underlying Fund's assets, the value of the underlying Fund's shares is reduced.

For example, a dividend is a pro rata payment because the amount of dividend each shareholder receives is in proportion to the number of shares he owns.