Pro Rata Number definition

Pro Rata Number means the product of (i) the total number of shares of Common Stock held by the Managementholder and (ii) a fraction, the numerator of which is the aggregate number of shares of Common Stock which are to be so registered and the denominator of which is the aggregate number of shares of Common Stock outstanding.

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Pro Rata Number means, with respect to each of the two Purchasers:

Pro Rata Number means, with respect to a First Refusal Original Owner or Prospective Buyer, as the case may be, a number of Shares equal to the product of (a) the number of the Offered Shares and (b) a fraction the numerator of which shall be the total number of the Shares owned (immediately prior to the Sale of the Offered Shares) by such First Refusal Original Owner or Prospective Buyer, as the case may be, and the denominator of which shall be the total number of the Shares owned (immediately prior to the Sale of the Offered Shares) by the First Refusal Original Owners and Prospective Buyer.

Examples of Pro Rata Number in a sentence

In such event, the Pro Rata Number of shares underlying the remaining Restricted Stock Units shall be delivered as of the first business day of the month following the date of termination of your employment, subject to the provisions of Sections 6, 13 and 14 below.
If the Notices of Exercise indicate that the Prospective Buyer and each First Refusal Original Owner wishes to purchase at least its Pro Rata Number of Offered Shares, the First Refusal Original Owners and the Prospective Buyer shall each be allocated a number of Offered Shares equal to its respective Pro Rata Number.
In the event any Investor (or an Affiliate thereof) does not exercise its right to purchase its respective Investors Pro Rata Number of Shares, the other Investors shall have the right to purchase such shares, and the purchase of such shares shall be allocated among the participating Investors (or any participating Affiliates thereof) pro rata in proportion to the Investor Stock held by such Investors, or in such other proportions as the participating Investors (and such Affiliates) may agree upon.
Within 10 business days after receipt by the Investors of such Sale Notice, each Investor (or any Affiliate thereof), by providing notice to the Management Holder, shall have the right to purchase that portion of the shares equal to the Investors Pro Rata Number of Shares (as defined below) at the same price and on the same terms and conditions as the Third-Party Offer.
In the event any Investor does not exercise its right to purchase its respective Investors Pro Rata Number of Shares, the other Investors shall have the right to purchase such shares, and the purchase of such shares shall be allocated among the participating Investors pro rata in proportion to the Investor Stock held by such Investors, or in such other proportions as the participating Investors may agree upon.

More Definitions of Pro Rata Number

Pro Rata Number means, with respect to the participation of the Offering Stockholder and each Co-Selling Stockholder in a Third Party Sale, the product of (i) the total number of Securities proposed to be sold by such Stockholder (not to exceed, with respect to any Co-Selling Stockholder, such Co- Selling Stockholder's Portion) and (ii) a fraction, the numerator of which is the total number of Securities proposed to be purchased by the Third Party purchaser, and the denominator of which is the total number of Securities proposed to be sold by both the Offering Stockholder and all of the Co-Selling Stockholders (not to exceed, with respect to any Co-Selling Stockholder, such Co-Selling Stockholder's Portion). For purposes of this Section 5.1, an "Excluded Transaction" will mean any Transfer (i) pursuant to or as a result of (A) a public offering or (B) a hedging transaction with a broker-dealer, bank or other financial institution, (ii) in an open-market transaction effected on a national securities exchange or national quotation system or a transaction involving as a counterparty an underwriter, broker-dealer or other similar Person effecting a transaction in or consistent with the ordinary course of its business, (iii) to one or more financial institutions, investment companies, pension or other employee benefit plans, trusts, mutual or similar funds or "qualified institutional buyers" within the meaning of Rule 144A under the Securities Act, (iv) pursuant to a tender offer or other transaction that has been approved by the Board, or (v) resulting from any pledge of Securities by a Stockholder made in connection

Pro Rata Number means the product of (x) the total number of securities of the class being offered held by the Managementholder and requested to be registered and (y) a fraction, the numerator of which is the number of securities of the class being offered by selling security holders which are to be registered and the denominator of which is the number of securities of the same class which are requested to be registered by all holders thereof, including the Managementholder (as distinguished from the Corporation).

Pro Rata Number means (i) if Grantee’s death or Disability occurs prior to December 31, 2016, (A) 250,000 Deferred Shares multiplied by a fraction, the numerator of which is the number of complete months from January 1, 2014 until Grantee’s death or Disability and the denominator of which is 36, plus (B) 250,000 Deferred Shares multiplied by a fraction, the numerator of which is the number of complete months from January 1, 2014 until Grantee’s death or Disability and the denominator of which is 48; or (ii) if Grantee’s death or Disability occurs after December 31, 2016 the number of unvested Deferred Shares at the time of Grantee’s death or Disability (without giving effect to this subparagraph d.) multiplied by a fraction, the numerator of which is the number of complete months from January 1, 2014 until Grantee’s death or Disability and the denominator of which is 48.

Pro Rata Number shall equal: A + [(B-A) x (C/365)] Where:

Pro Rata Number means, with respect to the participation of the Offering Stockholder or the Non-Offering Stockholder in a Third-Party Sale, the product of (i) the total number of Securities proposed to be sold by such Stockholder and (ii) a fraction, the numerator of which is the total number of Securities proposed to be purchased by the Third-Party Purchaser, and the denominator of which is the total number of Securities proposed to be sold by both the Offering Stockholder and the Non- Offering Stockholder.

Pro Rata Number has the meaning set forth in Section 6.1(a).

Pro Rata Number means with respect to each Selling Sponsor and Co-Sale Shareholder tendering Investment Securities pursuant to Section 2.3(b), and with respect to each type of Investment Security, a number equal to the product of the total number of such type of Investment Securities that the proposed purchaser is willing to buy (or that may be sold consistent with Section 2.2(b)(ii) hereof), multiplied by a fraction, (1) the numerator of which is the number of such type of Investment Securities proposed to be sold by such Shareholder (not to exceed its Co-Sale Percentage of such type of Investment Securities), and (2) the denominator of which is the total number of such type of Investment Securities proposed to be sold by the Selling Sponsor and all Co-Sale Shareholders tendering such type of Investment Security pursuant to Section 2.3(b).

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