Ownership Shares. Schedule I sets forth the number of Shares Grupo VM owns and its related Percentage Interest, as of the Effective Date.
Ownership Shares. Schedule I sets forth the number of Shares the AK Group owns and its related Percentage Interest, as of the Effective Date.
Ownership Shares. Power Company and Service Company agree to enter into a separate agreement providing for the payment for and ownership by them, as tenants in common, of the proposed new 330,000 Kilowatt Unit #4 at a location adjacent to Power Company's present Edgewater Plant at Sheboygan, Wisconsin, with undivided ownership interests in the proportions of 68.2% by Power Company and 31.8% by Service Company, and their participation in the cost of operation and maintenance and in the energy output of said Unit #4 in the same proportions.
Ownership Shares. The Companies hereby provide for the construction and operation of a nuclear energy plant (herein called the "Nuclear Plant") of approximately 527,000 KW name-plate capacity, to be located in northeastern Wisconsin, and to be owned by the Companies as tenants in common with undivided ownership interests as follows (in this Article III referred to as their respective "Ownership Shares"): Wisconsin Power and Light Company 41.0 Wisconsin Public Service Corporation 41.2 Madison Gas and Electric Company 17.8
Ownership Shares. The undivided share in the Common Elements and the Common Surplus which are appurtenant to each Unit, as well as the undivided share of the Common Expenses to be paid with respect to each Unit, shall be computed on the following basis:
Ownership Shares. 5.1 Each Party is the owner of the intellectual and industrial property rights related to its Background IP.
5.2 In consideration of the material and economic efforts borne by the Foundation and the Partners with regard to the Project, the Foreground IP will be shared property of the Foundation and of the Partners on the basis of the following percentages:
(a) the Foundation shall own …% (… percent);
(b) the Partner … shall own …% (… percent);
(c) the Partner … shall own …% (… percent); In case the Foundation and the Partners, at the completion of the Activities and the Project, consider that the abovementioned shares of property of the Foreground IP do not reflect the actual material and economic efforts borne by each Party (e.g., but not limited to, in case the Project takes longer to complete than provided in Annex 2), the Foundation and the Partners shall agree on the new shares of property of the Foreground IP by means of a written agreement. Should the Foundation and the Partners not find an agreement on the new shares of property of the Foreground IP within 90 (ninety) days from the date on which the most diligent Party has sent a formal written request to the other Parties in this regard, such matter shall be decided on an equitable basis by an independent third party appointed by the President of the Court of Bologna pursuant to section 1349 of the Italian Civil Code upon request of the most diligent Party. In any case, the Foundation – also in light of the fact that it shall take care of any aspect, costs, and expenses related to obtaining, keeping and protecting the Foreground IP – shall own shares of property of the Foreground IP that cannot be lower than 30% (thirty percent). The provisions of this Section 5.2 shall also apply to intellectual property rights created, also jointly, or undertaken or acquired by the Foundation and the Partners, also through any service providers, within 6 (six) months from the termination date of the Project and which are directly and unmistakably related to the Activities covered by this Agreement.
Ownership Shares. The ownership of the Block, the obligation to bear expenses (except as otherwise provided below in this Section), and the allocation of revenues from the sale of production from the Block shall be in the following shares: Petrosen 30% Xxxxxx 45% Fortesa 15% Third party 10% The interest of Petrosen will be free of the obligation to bear any expense (I.E. will be "carried") until the Xxxxxx Group has expended an aggregate of $10,800,000 in the exploration and development of the Thies Block. After the Xxxxxx Group has expended the sum of $10,800,000, Petrosen shall join in bearing its share of all costs and expenses of conducting further operations on the Block. All owners of the Block shall bear their respective shares of the applicable royalty and other fiscal obligations imposed by the Convention and shall pay their respective shares of all income taxes attributable to the production and sale of hydrocarbons. Except for the carried interest of Petrosen, all owners of the Block shall bear their respective shares of all costs and expenses of conducting operations on the Block. In the event that any owner of the Block fails to bear its share of the expenses of the Onshore Work Program, its ownership interest shall be allocated to the Xxxxxx Group, unless otherwise agreed among the Parties. Except for the fiscal obligations imposed by the Convention, including the royalty payable to Senegal, there are no other burdens measured by or payable out of production.
Ownership Shares. Segment of Central Penn Line: Ownership Share: Central Penn Line North 41.18 % 58.82 % Central Penn Line South 70.59 % 29.41 %
Ownership Shares. A. The Parties wish to allocate ownership and control of the Property into exactly 8 shares (12.5% each) which they shall accomplish by alllocating Membership Interests in the PHC in these same 8 shares
B. For the purposes of this Agreement wherever herein reference is made to ownership, control and / or rights in the Property by an Owner, such shall mean an Owners' Membership Interests in the PHC in accordance with this Agreement resulting in the effective control and / or rights in the Property
C. A Party may own more than 1 share, but not more than 4
Ownership Shares. The Companies hereby provide for the acquisition of a site and the construction and operation of a fossil fuel fired plant (herein called the "1975 Unit") of approximately 527,000 KW name-plate capacity, to be located near Portage, Wisconsin, and to be owned by the Companies as tenants in common with undivided ownership interests as follows (in this Agreement referred to as their respective "Ownership Shares"): Wisconsin Power and Light Company 39.3 Wisconsin Public Service Corporation 38.9 Madison Gas and Electric Company 21.8
