Butterfly Proportion means the quotient (expressed as a decimal) obtained by dividing: (i) the Net Fair Market Value of the Spin-off Distribution Property; by (ii) the Net Fair Market Value of all property owned by the Corporation immediately before the Manager Share Exchange, determined, in each case, immediately before the Spin-off Distribution.
Butterfly Proportion means the fraction A/B where:
Butterfly Proportion means the quotient obtained by dividing: (i) the Net Fair Market Value of the Numberco Shares to be transferred pursuant to the BHC Transfer, determined immediately before the BHC Transfer; by (ii) the Net Fair Market Value of all property owned by BHC immediately before the BHC Transfer, determined immediately before the BHC Transfer;
Examples of Butterfly Proportion in a sentence
Distance of a school from the house, especially for girls, was considered important in rural areas (24%) as well as urban areas (22%).
This allocation proportion (Butterfly Proportion of 11.44%) is consistent with the advance tax ruling that the Company received on December 6, 2012.
The Butterfly Proportion was determined to be 78.18% for Nuvo and 21.82% for Crescita.
The relative fair market value was determined using the Butterfly Proportion (see Note 8, Share Capital).
Crescita’s share capital amount was deducted from Nuvo’s net investment and the remaining $19.4 million was recognized as deficit.The Butterfly Proportion was determined to be 78.18% for Nuvo and 21.82% for Crescita.
More Definitions of Butterfly Proportion
Butterfly Proportion means the fraction A/B where: A is the Net Fair Market Value of the Distribution Property to be transferred by the Corporation to Cenovus as described in Subsection 3.01(1)(n) of the Plan of Arrangement determined immediately before such transfer; and
Butterfly Proportion means an amount to be determined by the Board of Directors as the fraction A/B where:A is the net fair market value of the Spinoff Property to be transferred by Toromont to Spinco determined immediately before the transfer under Section 2.3(i) of this Plan of Arrangement; andB is the net fair market value of all property owned by Toromont immediately before the transfer under Section 2.3(i) of this Plan of Arrangement;
Butterfly Proportion means the fraction A/B where:
(i) “A” is the net fair market value of the Spin-off Properties to be transferred by Eagle Plains to Taiga, determined immediately before such transfer; and
Butterfly Proportion means the fraction A/B where: A is the net fair market value of the Spin-off Assets to be transferred by Eagle Plains to Taiga, determined immediately before such transfer; and B is the net fair market value of all property owned by Eagle Plains immediately before the transfer of the Spin-off Assets to Taiga;
Butterfly Proportion means the quotient of A ÷ B, where:
Butterfly Proportion means the fraction A/B where:
(i) hereof calculated using a consolidated look-through approach;
Butterfly Proportion means the quotient (expressed as a decimal) obtained by dividing: (i) the Net Fair Market Value (within the meaning of the Plan of Arrangement) of the Spin-off Distribution Property; by (ii) the Net Fair Market Value of all property owned by the Corporation immediately before the Manager Share Exchange.