Pro Rata Ratable or Ratable Share
Pro Rata Ratable or Ratable Share. Means a number (expressed as a percentage) equal to the proportion that an Allowed Claim in a particular Class or Old Equity Interest bears to the aggregate amount or number of: (a) Allowed Claims plus (b) Disputed Claims in such Class as of the date of determination; or (c) the aggregate amount or number of Old Equity Interests.
All Definitions
Found in
GEM SOLUTIONS, INC. contract