pro rata

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pro rata

adjective, adverb In proportion, partial.
References in periodicals archive ?
Rather, the respective tendering shareholders that otherwise would have received fractional interests will be paid in cash the dollar amount (rounded to the nearest whole cent), after deducting any required withholding taxes, on a pro rata basis, without interest, of such fractional interest determined by the closing price of a share of NetScout common stock on NASDAQ on the last business day prior to the closing of the merger.
On a pro rata basis, both common and all classes of preferred shareholders will receive this dividend, the company said.
Regarding the proposed allocation method in case of over-subscription for the number of offered shares, the bulletin stated that the share of the small investors (Category I) would be 60% of the shares offered, which would tentatively be on a pro rata basis and the share of the big investors (Category II) would be 40% of the shares offered in the same basis.
Barclay Wells Ltd holds 15,000,000 Contingent Entitlement Shares in Potash in its capacity as bare trustee of the Contingent Entitlement Trust, the terms of which trust provide for the subject shares to be distributed on a pro rata basis to those persons (Eligible Persons) who both are registered as the holders of:
Scottish Football Association chief executive David Taylor said: ``It will mean a single lump sum, paid on a pro rata basis, at the end of what everyone hopes will be a successful qualifying campaign, rather than payments for individual games.
Assuming the system is approved, it would be applied on a pro rata basis this year and be introduced in full from January 2005.
This can include bank holidays and is calculated on a pro rata basis depending on the length of your employment.
If the number of shares tendered is greater than the number sought, the company will select the lowest price within the stated range that will allow it to buy 5,000,000 shares, with purchases generally to be made on a pro rata basis. The company reserves the right to increase the number of shares purchased.
Systematic withdrawals made over an investor's life expectancy are available, with taxable appreciation and return of original contribution recognized on a pro rata basis under Sec.
Alternatively, the bank may assign the asset on a pro rata basis to different risk categories according to the investment limits in the fund's prospectus.
If more than 20% of LOR's outstanding shares of common stock are tendered in the offer, LOR will purchase its shares from tendering stockholders on a pro rata basis at a price of 98% of LOR's NAV per share.
Under the rights offering, the company plans to pay dividend to its holders of common stock of the record date, on a pro rata basis, with subscription rights to purchase shares of its common stock with an aggregate offering price of USD32.5m.