Agreed Proportion definition

Agreed Proportion or "Agreed Proportions" means, in relation to each of the Vendors, the percentage set out in schedule 1 against their name;

Agreed Proportion means the proportion which the value of the Haewene Brim Equipment is believed to bear to the value of the Haewene Brim as a whole, being fixed for all time at fifty per cent. (50%);

Agreed Proportion means, with respect to Parent, the number of shares of Receiver Common Stock that Parent or its designee would have received pursuant to Section 3.2 if the Merger had been consummated, divided by the number of shares of Receiver Common Stock that Parent and its Subsidiaries would have received pursuant to Section 3.1 and Section 3.2 if the Merger had been consummated (the “Parent Ratio”), and, with respect to Safety, one minus the Parent Ratio;

Examples of Agreed Proportion in a sentence

• The Participant acknowledges that, notwithstanding that the Participant may transfer to the Reclaim Fund only the Agreed Proportion Amount under the Alternative Scheme, the liability of the Reclaim Fund under section 2(2)(b) of the Act is in respect of the Dormant Account Balances to which the Agreed Proportion Amount relates and the provisions of clause 2 of Part B of this agreement shall apply accordingly (subject to the modifications set out in clause 5.2(a) of this Part C below).

• Post-Transfer Specified Account Rate (% p.a.) Percentage Post-Transfer Specified Account Rate to be credited to Transferred Dormant Account Balances (for the purposes of the Alternative Scheme, this relates to forecasts of the entire Dormant Account Balances to be transferred to the Reclaim Fund (in respect of the Agreed Proportion) and to Eligible Charities).

• It represents the Agreed Proportion (as defined in the Agency Agreement) as at the Transfer Date.

• We would like to transfer to the Reclaim Fund on [insert relevant proposed Transfer Date] (the Proposed Transfer Date) Agreed Proportion Amounts in respect of Specified Accounts comprising the following: [insert description of the Category 2 Accounts and/or Category 3 Accounts, the balances of which are proposed to be transferred – to include as much relevant information as possible to help expedite the provision of consent by the Reclaim Fund] (the Relevant Agreed Proportion Amounts).

• For the purposes of the Alternative Scheme, this relates to the entire Dormant Account Balance being transferred to the Reclaim Fund (in respect of the Agreed Proportion) and to Eligible Charities.

More Definitions of Agreed Proportion

Agreed Proportion means a share in the total beneficial entitlement of all Beneficiaries in the Trust, being:

Agreed Proportion means the Initial Agreed Proportion issued to the Crown on the Settlement, provided that:

Agreed Proportion means in respect of a particular Shareholder, the percentage which the nominal value of the Shares beneficially owned by that Shareholder at the relevant time bears to the combined nominal value of all issued Shares at that time;

Agreed Proportion such proportion as equals, at the relevant time, the proportion (expressed as a percentage) which the par value of the Shares owned by a Shareholder bears to the combined total par value of all the Shares owned by all the Shareholders taken as a whole or where applicable, the combined par value of all the Shares of the relevant Shareholders taken as a whole;

Agreed Proportion means that proportion of any Environmental Loss which the parties have agreed that the Vendor shall bear in paragraph 5.1 hereof.

Agreed Proportion means, in relation to each TP Shareholder (including in his capacity as Warrantor) from time to time, (a) the Consideration Shares he receives at Completion and/or any Additional Consideration Shares which he receives divided by (b) the aggregate number of Consideration Shares and Additional Consideration Shares issued other than any Additional Consideration Shares issued to any person referred to in sub-clause 4.2. Back to Contents

Agreed Proportion. The proportion of the total votes exercisable by all Member Organisations in any decisions of the CMSC Member representatives to which a Member Organisation is entitled as determined in accordance with SCHEDULE 3