Participation Percentage. “Participation Percentage” of a Member shall mean that percentage set forth opposite such Member’s name on Exhibit “A”, as it may be amended from time to time.
Participation Percentage. Throughout the term of this Agreement, the Participation Percentage of the Limited Partners is fifty percent (50%) (allocated to each Limited Partner in proportion to his Limited Partnership Percentage) and the Participation Percentage of the General Partner is fifty percent (50%).
Participation Percentage. Such Seller agrees that the Participation Percentage set forth opposite its name in the definition thereof is its Participation Percentage.
Participation Percentage. A party's participation percentage ("Participation Percentage") shall be one hundred percent (100%) if only one party is required to pay or entitled to receive its Participation Percentage pursuant to the terms of this Section 10.3. If two parties are required to pay or entitled to receive their respective Participation Percentages, each party's Participation Percentage shall equal a fraction (expressed as a percentage), the numerator of which shall be, in the case of IES or Interstate, the number of shares of WPL Common Stock which would be issuable (on a fully diluted basis) to such party's shareholders, or, in the case of WPL, the number of shares of WPL Common Stock (on a fully diluted basis) that would have been retained by its shareholders, had the Effective Time occurred at the time this Agreement is terminated and the denominator of which shall be, the aggregate number of shares of WPL Common Stock that would be issuable to or retained by (in either case on a fully diluted basis) the shareholders of the two parties required to pay or entitled to receive their Participation Percentages, had the Effective time occurred at the time this Agreement is terminated.
Participation Percentage. The Participation Percentages of the Partners, as set forth in Exhibit "B" hereto.
Participation Percentage. 95 PBGC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Permits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Participation Percentage. Holders of the Allowed Second Lien Notes Claims and holders of Allowed Class 5B Claims (in their capacities as such) shall participate in the transactions contemplated by this Agreement according to the Pro Rata Split.
Participation Percentage. The Participation Percentage of each of the Members, as of the date hereof, as set forth in Section 3.1 hereof.
Participation Percentage. To the extent that a Holdback Executive elects not to participate in such sale, upon written request to Parent by such Holdback Executive following such sale, Parent shall promptly redeem all (or any portion) of the then-vested Tracking Units held by the Holdback Executives which were eligible to be sold in such sale for shares of Acquiror Common Stock, VSLR Common Stock or VW Common Stock, as applicable, with an equivalent value as the Tracking Units so redeemed, in a manner determined by the Parent Board, pursuant to the terms and conditions of the Parent LLCA.
Participation Percentage. (a) If Amoco elects to participate in any prospect covering leases in which Amoco has an interest at the time the OEDC Prospect is presented by OEDC ("AMOCO LEASES"), then Amoco shall bear 75% of the cost of drilling such OEDC Prospect and OEDC shall bear 25% of the cost of drilling such OEDC Prospect, and, contemporaneously with the completion of a well capable of producing in paying quantities, Amoco shall assign to OEDC 25% of the interest of Amoco in sufficient acreage, as mutually agreed by the parties, to cover the prospect. Such 25% interest shall not be burdened by any burdens other than the 1/6 lessor's royalty. If Amoco and OEDC agree, the 25% interest may be increased prior to the drilling of the first well on the OEDC Prospect.
