Pro Rata Interest definition

Pro Rata Interest means the number of Shares purchased by each Purchaser, relative to the total number of Shares being sold hereunder, as reflected on Schedule I attached hereto.

Pro Rata Interest of any Person in any other Person means a fraction, the numerator of which is the amount of the equity or other ownership interest in such other Person that are beneficially owned by such Person and its Restricted Subsidiaries, and the denominator of which is the aggregate amount of all equity or other ownership interests in such other Person that are outstanding (for this purpose, equity or other ownership interests subject to presently exercisable options, warrants or other rights to acquire such interests shall be deemed to be outstanding and shall be included in both the numerator and denominator). The Pro Rata Interest of any Person in any item of income or expense or in the fair market value of the assets or liabilities of any other Person means the amount obtained by multiplying (i) the amount of such income or expense or the fair market value of the relevant asset or liability, as the case may be, of such other Person by (ii) the Pro Rata Interest of such Person in such other Person.

Pro Rata Interest means the number of Pre-Funded Warrants purchased by each Purchaser, relative to the total number of Pre-Funded Warrants being sold hereunder, as reflected on Schedule I attached hereto.

Examples of Pro Rata Interest in a sentence

• The payments to which a holder shall be entitled pursuant to this Section 5.3 are referred to herein as “Registration Delay Payments”; provided that no Registration Delay Payments shall be required following the termination of the Reporting Period, and provided further that in no event shall the aggregate Registration Delay Payments accruing under this Section 5.3 exceed 4% of a holder’s Pro Rata Interest in the Cumulative Proceeds (i.e., corresponding to a total delay of five months).

• At the time that a previously existing Restricted Subsidiary of the Company is designated an Emerging Market Subsidiary, the Company shall be deemed to make an "Investment" in such Emerging Market Subsidiary in an amount equal to its Pro Rata Interest in the fair market value of the net assets of such Restricted Subsidiary.

• Any consent required of the Investors will be binding on all Investors if effected with the consent of Investors whose Pro Rata Interest in the aggregate represents more than fifty percent of $36.6 million; provided that any amendment that disproportionately and adversely effects an Investor will not be effective against such Investor without her, its or his consent.

• The payments to which a holder shall be entitled pursuant to this Section 10.3 are referred to herein as “Registration Delay Payments;” provided that no Registration Delay Payments shall be required following the termination of the Registration Period, and provided further that in no event shall the aggregate Registration Delay Payments accruing under this Section 10.3 exceed ten percent (10%) of a holder’s Pro Rata Interest in the Total Purchase Price.

• The payments to which a holder shall be entitled pursuant to this Section 10.3 are referred to herein as “Registration Delay Payments”; provided that no Registration Delay Payments shall be required following the termination of the Reporting Period, and provided further that in no event shall the aggregate Registration Delay Payments accruing under this Section 10.3 exceed 6% of a holder’s Pro Rata Interest in the Aggregate Purchase Price (i.e., corresponding to a total delay of six months).

More Definitions of Pro Rata Interest

Pro Rata Interest means the number of Registrable Securities beneficially held by any given Purchaser, relative to the total number of Registrable Securities that are the subject of this Agreement.

Pro Rata Interest means for each Member the percentage equal to the total consideration received by such Member under this Agreement divided by the total consideration received by all of the Members under this Agreement, as set forth on the Consideration Spreadsheet and as updated in accordance with Section 2.15(j).

Pro Rata Interest means the number of Units purchased by each Purchaser, relative to the total number of Units being sold hereunder, as reflected on Schedule I attached hereto.

Pro Rata Interest means, at any relevant time, the ownership interest of Acquiror in Spinco, expressed as a percentage, equal to: (i) the number of outstanding Spinco Shares beneficially owned by Acquiror and its affiliates plus the number of Spinco Shares issuable upon the conversion, exercise or exchange of all Spinco Convertible Securities owned by Acquiror and its affiliates divided by (ii) the aggregate number of issued and outstanding Spinco Shares plus the number of Spinco Shares issuable upon the conversion, exercise or exchange of all Spinco Convertible Securities of the same class as Spinco Convertible Securities owned by Acquiror and its affiliates;

Pro Rata Interest has the meaning ascribed to it in Section 4.1(a);

Pro Rata Interest means the number of Registrable Securities held by a given party relative to the total number of Shares issued and sold hereunder.

Pro Rata Interest means the number of Securities purchased by each Purchaser, relative to the total number of Securities being soldhereunder.