Agreed Proportions definition

Agreed Proportions means 50% in respect of Teekay and 50% in respect of CLNG or (if different) such other proportions as equal, at the relevant time, the percentages which the number of the Shares beneficially owned by those parties respectively in the Joint Venture Company bear to the total number of the issued Shares of the Joint Venture Company.
Agreed Proportions means, with respect to the Investors’ right to participate in any Disposition of Red Shares, the following equity proportions during the Lock-Up Term: the Investor: 25%, Orange: 50%, and Blue II: 25%, and during any Extension Period, among any Investors that have served an Extension Notice, the proportions represented by their foregoing pro rata percentage allocations, taken as a percentage among themselves.
Agreed Proportions has the meaning given in paragraph 5.2

Examples of Agreed Proportions in a sentence

  • In this Agreement, unless a contrary intention appears, these words have the following meanings: Agreed Proportions means the proportions set out in clause 20.

  • The number of Shares to be held by Viva and LionRock pursuant to this Agreement shall be maintained at all times in the Agreed Proportions, unless in consequence of the operation of this Agreement, by law or otherwise agreed in writing between the Parties.

  • The beneficial entitlement of all Beneficiaries in the Trust is divided into, and except as otherwise provided in this deed the Trustee will hold the Assets of the Trust for the Beneficiaries on the basis of, the Agreed Proportions.

  • The Authorities shall meet all the agreed costs of the Initial Operation of the Company in accordance with the relevant Budget in the Agreed Proportions and shall pay the Company such sums within 21 days of receipt of an appropriate invoice from the Company.

  • SCHEDULE 3 Agreed Proportions Each Member Organisation shall be entitled to one vote for each copy of the Software in respect of which the Member Organisation has a licence or agreed “Licence Equivalents”, subject to no one Member Organisation having more than 1/3 of the total votes of the CMSC.


More Definitions of Agreed Proportions

Agreed Proportions shall have the meaning given to it in Clause 2.2 (Pro Rata Participation).
Agreed Proportions means, in the case of Bridgetech, 51% and, in the case of CUHKFL, 49%, or such other percentages representing the Shareholders' shareholding interest in the Company from time to time;
Agreed Proportions means 60% in respect of the A Shareholder(s) and 40% in respect of the B Shareholder(s) or (if different) such other proportions as equal, at the relevant time, the percentages which the nominal value of the Interests beneficially owned by the A Shareholder(s) and B Shareholder(s) respectively bears to the combined nominal value of all Interests.
Agreed Proportions means the following relative proportions of the different types of Regulated Energy included in Energy Consumption, as may be modified from time to time, by agreement between the Province and Project Co:
Agreed Proportions means, in relation to each of the Vendors, the percentage set out in schedule 1 against such Vendor's name;
Agreed Proportions means:
Agreed Proportions means the relative proportions of the different types of Energy to be consumed in the Facility, being are initially estimated (subject to variance of up to +/-10% pending final design and determination of equipment capacities) to be 33% natural gas and 67% electricity, as may be modified from time to time on notice by the Authority to Project Co;