pro rata


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pro rata

adjective, adverb In proportion, partial.
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The Bell Atlantic pro rata dividend, combined with the Verizon pro rata dividend, gives former Bell Atlantic shareowners the equivalent of $.
Thus, the pro rata payments ultimately will total 100% meaning that eligible claims will receive double the amount of their original settlement, award or judgment.
Planning idea: The debt issuer may use the new pro rata prepayment provision to accelerate income or deductible premium, depending on the terms of the instrument and the current interest rate market, by prepaying part of the outstanding obligation.
Ultimately, the Trustees expect eligible claimants to receive pro rata bonus payments totalling 100% of their original compensatory awards.
1295 to treat the PFIC as a QEF and currently includes his pro rata share of the PFIC's realized earnings and gains in the shareholder's income in years for which the PFIC test is met.
The SL Green merger agreement also provides that as part of the merger consideration shareholders of Reckson at the closing of the merger will be paid an amount equal to an adjusted pro rata dividend.
This money will be distributed pro rata to all claimants who have already resolved their claims with the Trust by being paid more than US $725.
The tax adviser determines that corporate items of income, loss, deduction or credit normally are allocated between the S corporation portion of the year and the C corporation portion of the year on a pro rata basis.
Upon the occurrence of a sequential pay event, principal will be paid on a sequential basis to all of the note classes and pro rata between the class A-PT and class A-1 notes (class A-1A and A-1B paid sequentially).
As such, the declared distribution covers the ten-day period from the closing of the offering on March 22, 1994, through March 31, 1994, and is a pro rata equivalent to a full quarterly distribution of $0.
In the event that any of these tests are not met, payments will be made on a pro rata basis (except for the senior coverage test, pursuant to which payments are made first, to the class A-FP and A-1 notes and second, to the class A-FP and A-2 notes) to pay down the principal amount of the notes included in the coverage test until the failing coverage test is cured.
If this is exhausted, bonds are further secured by program reserves, and then by a pro rata share of the other primary reserves within the indenture.