Proportionate Interests definition

Proportionate Interests has the meaning set forth in Section 4.5.
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Proportionate Interests is defined above in the Background section.
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Proportionate Interests means that any amounts which shall be paid to the Partners as an Earn-Out Payment shall be paid in the following percentages: 57% to ▇▇▇▇ ▇▇▇▇▇▇▇▇▇; 23% to ▇▇▇▇ ▇▇▇▇; and 20% to ▇▇▇▇▇▇ ▇▇▇▇.
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Examples of Proportionate Interests in a sentence

  • Unless otherwise determined by the Board, the Members shall, pursuant to Section 5.6(b), provide funding required for such expenditures to the extent that Cash Available to Nevada JV and its subsidiaries is insufficient to cover the same as Capital Contributions to Nevada JV in their respective Proportionate Interests in accordance with Monthly Funding Statements or Special Funding Statements provided by the Operating Member pursuant to Section 4.5(b)(ii).

  • Unless otherwise determined by the Board, the proposed Funding Plan shall provide that contemplated Member Contributions will be made in accordance with Section 5.5(a) and that funds for such Member Contributions shall be contributed by the Members in their respective Proportionate Interests to Nevada JV in accordance with Section 5.5(b).

  • Unless otherwise determined by the Board, the Shareholders shall provide funding required for such expenditures to the extent that Available Cash is insufficient to cover the same as Shareholder Contributions to the Company in their respective Proportionate Interests in accordance with a Contribution Notice provided by the President.

  • Funds necessary to pay for emergency and unexpected expenditures pursuant to this Section above shall be obtained to the extent reasonably possible, from Available Cash and, if necessary, the Shareholders shall contribute funds to the Company in proportion to their respective Proportionate Interests, as required in accordance with a Contribution Notice provided by the President.

  • If the Proportionate Interests of a Shareholder shall be less than 35% such Shareholder shall only be entitled to nominate two (2) Directors and shall cause one of its three (3) Directors to immediately resign.

  • If the number or amount of Second Round Securities is less than the number or amount desired to be taken up by Second Round Subscribers, the Second Round Securities shall be allocated among the Second Round Subscribers on a pro rata basis (such that all the Second Round Securities are allocated) according to their respective Proportionate Interests (rounded, as appropriate, to the nearest whole number).

  • Barrick Holdco and Newmont Holdco will each contribute cash to the JV Company equal to their respective Proportionate Interests of the Transfer Taxes at or before the Time of Closing.

  • Unless otherwise determined by the Board, the proposed Funding Plan shall provide that contemplated Member Contributions will be made in accordance with Section 5.6(a), to the extent the Operations contemplated by such Supplemental Program and Budget cannot be funded from Cash Available to Nevada JV, and that funds for such Member Contributions shall be contributed by the Members in their respective Proportionate Interests to Nevada JV in accordance with Section 5.6(b).

  • Unless otherwise determined by the Board, the Members shall, pursuant to Section 5.6(b), provide funding for such Operations to Nevada JV in their respective Proportionate Interests in accordance with Monthly Funding Statements or Special Funding Statements provided by Operating Member pursuant to Section 4.5(b)(ii).

  • The portion of the financial surety underwritten or provided by each Member shall be adjusted to reflect any changes in the Proportionate Interests of the Members and to enable substitution of the JV Company as the obligor to the extent permitted by applicable Law, and each Member agrees to cooperate and take such actions as are necessary to enable and ensure the same.


More Definitions of Proportionate Interests

Proportionate Interests. Member: Fifty Percent (50%) NOVA CHEMICALS INC. By: /s/ Dale A. Speiss ▇▇: /▇/ ▇▇▇▇ Mustoe --------------------------- -------------------- Name: Dale A. Speiss ▇▇▇▇: Jack Mustoe Title: ▇▇ ▇▇▇▇ ▇▇esident Title: Vice President Fifty Percent (50%) ENVIROKARE COMPOSITE CORP. By: /s/ George Kazantzis Na▇▇: ▇▇▇▇▇▇ ▇▇zantzis Tit▇▇: ▇▇▇▇▇ ▇▇▇▇ating Officer The undersigned, LRM Industries LLC, hereby agrees to perform and abide by all the provisions of this Agreement to be performed by or which are applicable to it. Dated: February 18, 2005 LRM INDUSTRIES LLC By: /s/ John Verbicky --------------------------- Name: John Verbicky Title: ▇▇▇▇▇▇▇▇▇ Asset Purchase Agreement (Company/Envirokare) Exhibit 2.8(b) Security Agreement (Company/Envirokare) Exhibit 2.8(c) Service Agreement (NCI/Company) EXHIBIT 2.8(D) Security Agreement (Company/TCD Shareholders) EXHIBIT 2.8(e) Guaranty (Company/TCD Shareholders) Exhibit 2.8(f) Lease Agreement (Envirokare/Company) Exhibit 5.9 Initial Business Plan TAX ANNEX
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Proportionate Interests means, with respect to ▇▇▇▇▇, 80% of the payments to be made by the Purchaser to the Vendors in accordance with the provisions of Section 2.2 hereof and, with respect to Orlee, 20% of the payments to be made by the Purchaser to the Vendors in accordance with the provisions of Section 2.2 hereof;
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Proportionate Interests means the percentage interest for each Project as determined in accordance with Article 3.10;
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Related to Proportionate Interests

  • Proportionate Interest has the meaning specified in Section 2.5(d);

  • Proportionate Percentage means, with respect to any Stockholder as of any date, the result (expressed as a percentage) obtained by dividing (i) the number of shares of Common Stock owned by such Stockholder as of such date by (ii) the total number of shares of Common Stock outstanding as of such date.

  • Proportionate Share means, with respect to any Lender, the percentage obtained by dividing (a) the sum of the Commitment (or, if the Commitments are terminated, the outstanding principal amount of the Loans) of such Lender then in effect by (b) the sum of the Commitments (or, if the Commitments are terminated, the outstanding principal amount of the Loans) of all Lenders then in effect.

  • Certificate Interest means the allocable percentage interest of a Certificate held by a Certificateholder.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.