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 Proportions" 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 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.
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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.
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Examples of Equity Proportions in a sentence

  • The JV Partners shall also provide such guarantee and/or indemnity on a several (but not joint) basis in accordance with the Equity Proportions as may be required for any subsidiary of the Joint Venture to obtain any external financing.

  • For the purposes of appointing, removing and replacing Committee Members, two or more Investors may aggregate their Equity Proportions to meet the relevant 20 per cent.

  • For the purposes of appointing, removing and replacing a director to the respective boards of directors of ACIT Finance, DAC Finance, PHF Trustee and PHF Trustee No. 2 (as the case may be), two or more Investors may aggregate their Equity Proportions to meet the relevant 40 per cent.

  • All profits of the Joint Venture available for distribution in each financial year after deducting provision for taxation, discharge of all outstanding indebtedness due to banks and repaying shareholder’s loans advanced by the JV Partners shall be distributed to the JV Partners by way of dividends in accordance with the Equity Proportions.

  • The rise in the equity proportion occurred in spite of the increasing maturity of UK pension schemes7.Year Table 1: Equity Proportions for UK Pension Funds One reason for the decline in the proportion of UK pension fund investment in equities since the turn of the millennium, is not a rejection of the cult, but simply the sharp fall in equity prices11.

  • In circumstances where a Participant does not wish to sell its TCH Shares, the remaining Participants may offer to sell additional TCH Shares (in their respective Equity Proportions) to enable the new shareholder to acquire the relevant percentage of TCH Shares.


More Definitions of Equity Proportions

Equity Proportions. : means in relation to a Participant or TCH Shareholder, a fraction,
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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%);
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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;
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Related to Equity Proportions

  • Equity Member means each member of the Respondent team that will contribute equity as part of the financing of the Project.

  • Class B Interests As set forth in the Trust Agreement.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Settlement Class Members means a Person(s) who falls within the definition of the Settlement Class.

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Voting Percentage means, as to any Lender, (a) at any time when the Commitments are in effect, such Lender’s Pro Rata Share and (b) at any time after the termination of the Commitments (including as a result of the occurrence of the Term Conversion Date), the percentage (carried out to the ninth decimal place) which (i) the sum of (A) the Outstanding Amount of such Lender’s Loans (including for purposes of this definition, such Lender’s risk participation in outstanding Swing Line Loans), plus (B) such Lender’s Pro Rata Share of the Outstanding Amount of L/C Obligations, then constitutes of (ii) the Outstanding Amount of all Loans and L/C Obligations; provided, however, that if any Lender is a Defaulting Lender, then such Lender’s Voting Percentage shall be deemed to be zero percent (0%), and the respective Pro Rata Shares and Voting Percentages of the other Lenders shall be recomputed for purposes of this definition and the definition of “Required Lenders” without regard to such Lender’s Commitment or the Outstanding Amount of its Loans and L/C Obligations, as the case may be.