The actual cost of a co-op is the purchase price for the shares plus a pro rata share of the underlying debt.
Counsel insist that the colored pupils, having been allotted their pro rata share of the school funds, have no right to complain.
Therefore, the pro rata share of subcontracting attributable to the Government contracts would be 10 percent of $20 million, or $2 million.
Drexel must also receive a pro rata share for the $3 million it invested if other investors are compensated, Judge Allen ruled.
"Lawyers are arrogant, and they have more than their pro rata share of arrogance over there," one lawyer said of the Rose firm.
Banks also began to consider more closely the pro rata share of the underlying debt that the buyer would be carrying.
(They typically take 20 percent of the profit off the top and a pro rata share of the fund's gains.)
Each has a pro indiviso share of the property.
Because it is the last major bank standing as a defendant, its pro rata share of any judgment a jury may assign has rocketed.
"Well, actually, Aaron, as a general partner, it was my pro rata share of the remaining capitalization initially raised for the corporation."