Pro Rata Interest definition

Pro Rata Interest means the number of Shares purchased by each Purchaser, relative to the total number of Shares being sold hereunder, as reflected on Schedule I attached hereto.
Pro Rata Interest means the number of Securities purchased by each Purchaser, relative to the total number of Securities being sold hereunder.
Pro Rata Interest of any Person in any other Person means a fraction, the numerator of which is the amount of the equity or other ownership interest in such other Person that are beneficially owned by such Person and its Restricted Subsidiaries, and the denominator of which is the aggregate amount of all equity or other ownership interests in such other Person that are outstanding (for this purpose, equity or other ownership interests subject to presently exercisable options, warrants or other rights to acquire such interests shall be deemed to be outstanding and shall be included in both the numerator and denominator). The Pro Rata Interest of any Person in any item of income or expense or in the fair market value of the assets or liabilities of any other Person means the amount obtained by multiplying (i) the amount of such income or expense or the fair market value of the relevant asset or liability, as the case may be, of such other Person by (ii) the Pro Rata Interest of such Person in such other Person.

Examples of Pro Rata Interest in a sentence

  • In particular, DPM may exercise its Participation Right to maintain up to its Pro Rata Interest (as defined below) of the equity securities to be issued in an Equity Financing or Acquisition Financing (calculated after giving effect to the proposed issue of equity securities).

  • Extend Pro Rata Interest Expense Disallowance forCorporate-Owned Life Insurance...................................

  • If the Purchase Price as so recalculated in the Final Adjustment is less than the Estimated Purchase Price, then such difference shall be paid to Buyer out of the Adjustment Escrow Account with any remaining amount in the Adjustment Escrow Account being paid to the Sellers’ Representative for further distribution to the Sellers in accordance with their respective Pro Rata Interest.

  • An amount of PRISA Shares and cash equal to the Mixed Election Consideration per Share that would be payable in respect of 21,000,000 Liberty Virginia Common Shares for which a Mixed Consideration Election had been made; (B) cash in the amount of (i) $150,000,000, and (ii) the Total Pro Rata Interest Accrued in favour of the holders of the Liberty Virginia Series B Preferred Shares.

  • In calculating any amounts payable to any Seller or the Sellers’ Representative under this Agreement, the Buyer and its Affiliates shall be entitled to rely conclusively on information set forth on Schedule 1(b) as conclusive evidence of each Seller’s Pro Rata Interest, and neither the Buyer nor its Affiliates shall have any liability relating to any payment or allocation made to any Seller or the Sellers’ Representative in accordance with the Pro Rata Interests as set forth on Schedule 1(b).


More Definitions of Pro Rata Interest

Pro Rata Interest means the number of Shares purchased by each Purchaser, relative to the total number of Shares being sold hereunder.
Pro Rata Interest means the number of Registrable Securities beneficially held by any given Purchaser, relative to the total number of Registrable Securities that are the subject of this Agreement.
Pro Rata Interest means for each Member the percentage equal to the total consideration received by such Member under this Agreement divided by the total consideration received by all of the Members under this Agreement, as set forth on the Consideration Spreadsheet and as updated in accordance with Section 2.15(j).
Pro Rata Interest means the number of Pre-Funded Warrants purchased by each Purchaser, relative to the total number of Pre-Funded Warrants being sold hereunder, as reflected on Schedule I attached hereto.
Pro Rata Interest means the number of Shares and Warrant Shares underlying the Warrants purchased by each Purchaser, relative to the total number of Shares and Warrant Shares underlying the Warrants being sold hereunder
Pro Rata Interest means the number of Units purchased by each Purchaser, relative to the total number of Units being sold hereunder, as reflected on Schedule I attached hereto.
Pro Rata Interest of a Purchaser means the number of Underlying Shares, relative to the total number of Underlying Shares of Preferred Shares, being sold hereunder, as reflected on Schedule I attached hereto.