Economic Share definition

Economic Share means, with respect to any Seller, a fraction (expressed as a percentage) of which the numerator shall be the number of Sale Shares sold by such Seller and the denominator shall be the total number of Shares issued by the Company.
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Examples of Economic Share in a sentence

  • Purchaser and Seller shall make appropriate adjustments to the Allocation to reflect any adjustments to the purchase price (as determined for U.S. federal income tax purposes) hereunder, including the payment of additional amounts pursuant to Section 2.6(c) hereof or pursuant to the Seller Economic Share Agreement.

  • L means (i) any payment made by the Company that constitutes Personal Leakage and (ii) the Economic Share of any payment made by the Company that constitutes Leakage within the meaning of subclause (g) of the definition of Leakage.

  • Shareholders shall not create any encumbrance over their Shares, unless the holder of the ▇▇▇▇▇▇▇ Control Share, and in case of encumbrance of the ▇▇▇▇▇▇▇ Control Share or ▇▇▇▇▇▇▇ Economic Share, the holder of the Purpose Control Share, has given explicit written approval.

  • The holder of the ▇▇▇▇▇▇▇ Economic Share agrees to exclusively use Distributions to contribute to the Mission.

  • No Seller shall be liable hereunder for any individual claim of Purchaser (other than a claim for breach of a Representation and Warranty made by the respective Seller in Clauses 5.1,1 and 5.2.9) unless the aggregate liability of all Sellers in respect of such claim exceeds EUR 5,000 (five thousand Euro), in which event, however, Sellers shall be liable for the full amount (of the claim, or the respective Economic Share thereof, as applicable) and not merely the excess over EUR 5,000.

  • The initial holder of the ▇▇▇▇▇▇▇ Control Share and the ▇▇▇▇▇▇▇ Economic Share is Stichting Alkemio.

  • Schedule 1 attached hereto contains illustrative calculations of the Senti Economic Share.

  • The holder of the ▇▇▇▇▇▇▇ Control Share and/or ▇▇▇▇▇▇▇ Economic Share agree to (i) stimulate and support the balanced development of the Company’s business and (ii) safeguard the Mission of the Company for the long term.

Related to Economic Share

  • Economic Value – means the value of the Company and of its shares, to be determined by a specialized company by using a recognized methodology or based on another criterion to be defined by the CVM.

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Common Unit Economic Balance means (i) the Capital Account balance of the General Partner, plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to the General Partner’s ownership of Partnership Common Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under Section 6.2.D hereof, divided by (ii) the number of the General Partner’s Partnership Common Units.

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.