Project Shares definition

Project Shares or “Project Share” means, with respect to the calculation of Operating Expenses according to Section 1.3(j), the following:
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Project Shares means the Shares in Project-Specific Acquired Companies identified as "Project Shares" in Schedule A-1.
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Project Shares means, with respect to a Project, the proportional entitlement of a Project Party as specified in the Project Details, as varied pursuant to clause 23.2. Quarter means a three month period ending on 31 March, 30 June, 30 September or 31 December during the Term. Relevant Date means 1 July 2013. Research Advisory Committee has the same meaning as in the Constitution. Responsible Participants mean, with respect to a Project, the Project Participants specified in the Project Details who are responsible for carrying out specified research, education, training or Utilisation under the Project. Rules means the constitution, enacting legislation and its provisions, or any other form of provisions or policy statements governing the organisation and operation of a Party. Shortfall has the same meaning as in the Commonwealth Agreement. Special Board Resolution means a resolution of the Governing Board requiring approval of 75% of the directors able to attend and vote.
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Examples of Project Shares in a sentence

  • The Parties specifically agree that they shall be responsible for all Losses arising from or caused by the items listed on Schedule 8.6 based on their respective post-Closing Date Project Shares.

  • The Parties specifically agree that they shall be responsible for all Losses arising from or caused by the items listed on Schedule 8.5 based on their respective pre-Closing Date Project Shares.

  • The Parties shall be responsible for Losses arising from pension liabilities that arose prior to Closing or are wholly or partially caused by events, incidents, liabilities, work performed, or conditions from prior to Closing, including claims by the Operator that it has made excess pension contributions, based on their respective pre-Closing Date Project Shares.

  • If some or all of the pensions for those employed at the Project are converted after Closing to annuities, the Parties’ responsibility for any costs to the Owners of such conversions shall be based on the pre-Closing Date Project Shares for that portion of the costs attributable to employment before Closing and based on post-Closing Date Project Shares for that portion of the costs attributable to employment after Closing.

  • By 31 August each year, or as soon as otherwise practicable, the Company must remit to each Project Participant its share of Net Commercialisation Income received by the Company with respect to the respective Project IP for the previous Financial Year corresponding to Project Shares as at 1 July that year, subject to any adjustments pursuant to clauses 24.3 or 24.4.

  • Subject to clause 23.10, the Company holds all Commercialisation Income with respect to Project IP on trust for the Project Participants as tenants in common in proportion to their respective Project Shares.

  • The Project Budget and Project Shares are according to Contract Annex I and its Appendix, the A3 Form.

  • The Billed Capacity Charge in each billing period shall be the allocation of the 7 Project Shares in kilowatts (kW) assigned to the Participants as set forth opposite their names in 8 Appendix A.

  • Any excess shall therefore be apportioned between all the Contractors including the Defaulting Contractor(s) pro rata to their Project Shares (as defined above); and In the event it is not possible to attribute the default to any Contractor under (i), the amount claimed by the Foundation shall be apportioned between all the Contractors pro rata their Project Shares.

  • Any excess amount shall be apportioned between all Contractors except public bodies pro rata to their Project Shares.


More Definitions of Project Shares

Project Shares means, with respect to a Project, the proportional entitlement of a Project Party as specified in the Project Details, as varied pursuant to 0. [delete this definition if option 2 in clause 22.1 is selected] 18 There is no restriction on the scope of a Project. A 'Project' may be in the form of what could often be called a 'Programme'. Quarter means a three month period ending on 31 March, 30 June, 30 September or 31 December during the term of this agreement. Responsible Participants mean, with respect to a Project, the Project Participants specified in the Project Details who are responsible for carrying out specified research, education, training or Commercialisation under the Project. Rules means the constitution, enacting legislation and its provisions, or any other form of provisions or policy statements governing the organisation and operation of a Party. Special Board Resolution means a resolution of the Governing Board requiring approval of [special majority number to be inserted] the directors able to attend and vote.
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Project Shares means the Parties share of the results of the Project reflecting their Project Contribution as detailed in the Project Details at the start of the Project and adjusted at the end of the Project to reflect actual Project Contributions.
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Related to Project Shares

  • Subject Shares means that number of Shares set forth on the Securityholder’s signature page attached to this Agreement, being all of the Shares owned legally or beneficially, either directly or indirectly, by the Securityholder or over which the Securityholder exercises control or direction, either directly or indirectly, and shall further include any Shares issued upon the conversion, exercise or vesting, as applicable, of Convertible Securities or otherwise acquired by the Securityholder after the date hereof.

  • Owned Shares means all shares of Company Common Stock and any other equity securities of the Company which are beneficially owned by Stockholder as of the date hereof, as set forth on Schedule I.

  • Company Shares has the meaning set forth in the Recitals.

  • Sale Shares has the meaning ascribed to it at Recital (A).

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Stockholder Shares means the shares of common stock of the Company issued to Stockholder in accordance with the terms and conditions of the Reorganization Agreement, including such shares of common stock of the Company transferred from Stockholder to The Cendant Charitable Foundation, and any securities of the Company issued as a dividend on or other distribution with respect to, or in exchange for or replacement of, such common stock.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Amalco Shares means common shares in the capital of Amalco;

  • Sold Shares shall have the meaning specified in Section 6.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Retained Shares has the meaning set forth in the recitals.

  • Newco Shares means the common shares in the capital of Newco;

  • Company Units has the meaning set forth in the Recitals.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Voting Shares means the Common Shares and any other shares in the capital of the Corporation entitled to vote generally in the election of all directors.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Target Shares means common shares in the capital of Target, as currently constituted;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.