Equity Proportions definition

Equity Proportions means the respective proportions in which the Shares are held from time to time by each of the Shareholders save that, if the expression Equity Proportion is used in the context of some (but not all) of the Shareholders, it shall mean the respective proportions in which Shares are held by each of those particular Shareholders;

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Equity Proportions. : means in relation to a Participant or TCH Shareholder, a fraction,

Equity Proportions means the respective proportions in which the shares in JV Newco are held from time to time by each of United and Maple Leaf.

Examples of Equity Proportions in a sentence

If a Shareholder (or a member of its Group) incurs any such liability, unless such Shareholder agrees otherwise, that Shareholder shall be entitled to a contribution from the other Shareholders to ensure that the aggregate liability of the Shareholders or members of their respective Groups (as the case may be) is borne by each of them in their Equity Proportions at the time the relevant guarantee, bond or financing arrangement is made.
For this purpose, the Relevant Proportion shall be calculated by reference to the Equity Proportion of such Funding Shareholder as compared with the aggregate Equity Proportions of all Funding Shareholders.
If a party (or a member of its Group) incurs any such joint or joint and several liability, that party shall be entitled to a contribution from the other party to ensure that the aggregate liability of the parties or members of their respective Groups (as the case may be) is borne by the Financial Times Group and the MarketWatch Group in their Equity Proportions.
Except as provided in clause 3.12 or elsewhere in this Agreement, net income (and items thereof) and net loss (and items thereof) for any fiscal year or period shall be allocated among the Members in accordance with and in proportion to their respective Equity Proportions.
If and to the extent that the parties agree to participate (or agree to procure that members of their respective Groups participate) in any such guarantee, bond or financing arrangement then, unless the parties agree otherwise, any liability or obligation to be assumed by them in relation to any such guarantee, bond or financing arrangement shall be borne in their Equity Proportions.
Costs of operating Company and Group beyond that (expected to be minimal) to be borne by Shareholders in their Equity Proportions in accordance with the Joint Venture and Shareholders Agreement.
If and to the extent that the A Shareholders are willing to participate (or to procure that members of their respective Groups participate) in any such guarantee, bond or financing arrangement then, unless the A Shareholders agree otherwise, any liability or obligation to be assumed by them in relation to any such guarantee, bond or financing arrangement shall be borne in their Equity Proportions.
Subject to the terms of any formal Management Services Agreement entered into under clause 9.2(a), the Manager shall not otherwise be entitled to any remuneration under this Agreement or in connection with services to be provided to the Group except to the extent it is directed by the Board to carry out conduct outside the scope of the JOA under the terms of this Agreement or the Management Services Agreement (for which it will be funded by the Shareholders in proportion to their Equity Proportions).
If an A Shareholder (or a member of its Group) incurs any such joint or joint and several liability, that A Shareholder shall be entitled to a contribution from the other A Shareholder to ensure that the aggregate liability of the A Shareholders or members of their respective Groups (as the case may be) is borne by the Pearson Internet Group and the MarketWatch Group in the Equity Proportions of the relevant A Shareholders.

More Definitions of Equity Proportions

Equity Proportions means in relation to a Professional, a fraction, (expressed as a percentage) the numerator of which, is the total number of TCH Shares held by the Professional, and the denominator of which, is the total number of: (a) issued TCH Shares; or (b) where the reference requires something to be apportioned between a number of TCH Shareholders, TCH Shares held by those Professionals. For the avoidance of doubt, “Equity Proportions” only refer to the Consideration Shares (being TCH Shares) received by the Vendors (who are controlled by the Professionals and therefore Related Parties) pursuant to the Proposed Acquisition, and not to any TCH Shares arising from the exercise of the TCH employee share options by the Professionals or the Vendors.

Equity Proportions means the respective proportions in which the issued ordinary share capital of the Company is held from time to time by Khumo and DRDGOLD;

Equity Proportions means the respective proportions in which the total issued common shares of the Company are held from time to time by the “A” Shareholder(s) and the “B” Shareholder(s) (initially being, in the case of the “A” Shareholder 51% and, in the case of the “B” Shareholder, 49%);

Equity Proportions means, in relation to a Shareholder, the proportion (expressed as a percentage) of the Shares held by that Shareholder in relation to the total number of Shares on issue at that time (including the Shares held by that Shareholder).