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;
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.
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.

Examples of Equity Proportions in a sentence

  • The total consideration shall be paid to Sellers in accordance with Section 4.02.

  • 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.

  • 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).

  • 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.

  • 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.

  • All Flow Hives need to be opened for inspection, just like regular beehives.

  • 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 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.

  • 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.

  • 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.


More Definitions of Equity Proportions

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 Participant or TCH Shareholder, a fraction,
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;

Related to Equity Proportions

  • Relevant Proportion means, at any time, the proportion which one Note bears to the number of all of the Notes outstanding;

  • Net Equity Proceeds means, with respect to each issuance or sale of any equity by any Person or any capital contribution to such Person, the cash proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith) received by such Person from the respective sale or issuance of its equity or from the respective capital contribution.

  • Proportion in relation to a Lender, means:

  • Equity Investors means the Sponsors and the Management Stockholders.

  • Consortium Members means the members of the Consortium, formed by the Bidder for purposes of the Transaction in accordance with this RFP and shall include members who have submitted the Format for Consortium Agreement (Annexure 5) specified in the RFP.

  • Class B Members means the Members holding Class B Units.

  • Ownership Percentage with respect to any Member means the percentage of ownership of a Member determined by taking the total Capital Units held by such Member divided by the aggregate total number of issued and outstanding Capital Units.

  • Partnership Percentage means a percentage established for each partner on the Partnership' books as of the first day of each Fiscal Period. The Partnership Percentage of a Partner for a Fiscal Period shall be determined by dividing the amount of the Partner's capital account as of the beginning of the Fiscal Period by the sum of the capital accounts of all of the Partners as of the beginning of the fiscal Period. The sum of the Partnership Percentage for each fiscal Period shall equal one hundred percent (100%).

  • Class A Members means those Members who have purchased Class A Interests.

  • Equity Proceeds means the cash proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith) from the issuance of any Capital Stock or other equity securities of, or the making of any capital contribution to, the Company after the Closing Date.

  • Equity Member means (a) each entity with a direct interest in the Proposer (whether as a member, partner, joint venture member, or otherwise), (b) each entity proposed to have a direct interest in Developer (whether as a member, partner, joint venture member, or otherwise), and (c) each entity that will have an indirect interest in the Proposer or Developer through one or more intermediaries. Notwithstanding the foregoing, if the Proposer is a publicly traded company, shareholders with less than a 10% interest in the Proposer shall not be considered Equity Members.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Initial Capital Contributions has the meaning set forth in Section 5.1.

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

  • Majority Members means Members holding a majority of the Units owned by all Members or if there is only one Member, such Member.

  • 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.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Voting Members has the meaning set forth in Section 4.07(b).

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Settlement Class Members means any member of the Settlement Class.

  • Equity Equivalents means with respect to any Person any rights, warrants, options, convertible securities, exchangeable securities, indebtedness or other rights, in each case exercisable for or convertible or exchangeable into, directly or indirectly, Equity Interests of such Person or securities exercisable for or convertible or exchangeable into Equity Interests of such Person, whether at the time of issuance or upon the passage of time or the occurrence of some future event.

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

  • controlling percentage means the ownership of, and the right to vote, stocks possessing at least 50% of the total combined voting power of all classes of Tenant's stock issues, outstanding and permitted to vote for the election of directors;

  • Equity Investments shall have the meaning provided in the preamble to this Agreement.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Sharing Percentage means, with respect to any Member, a percentage, expressed as a fraction the numerator of which is the number of Units held by such Member and the denominator of which is the aggregate number of Units held by all Members.