Examples of Proportional Interest in a sentence
If at the time of such demand the Riata Proportional Interest is equal to or greater than 20%, Riata shall have the right to require that the Corporation conduct a meeting of TransAtlantic Shareholders to elect directors or consider any other matter at its request (other than matters described in Section 136(5)(b) or (e) of the Business Corporations Act (Alberta)).
The Consortium Members shall have undivided participation in the rights and obligations arising from the Contractors in the Production Sharing Agreement, according to the proportions set forth below, hereinafter referred to as Proportional Interests or Proportional Interest: Contractors may agree distinct percentages in the event of operations with Exclusive Risks.
Notwithstanding the above, upon the determination by Acquiror that a Stockholder has perfected its dissenter's right of appraisal under applicable Delaware law, Acquiror shall deliver to the Escrow Agent a revised Stockholder List that removes such Stockholder from the Stockholder List and reflects such removal in calculating the Proportional Interest of all other Stockholders, which shall replace, in its entirety, Annex A attached hereto.
If Taxes are not separately assessed against each Condominium Unit, the Condominium shall levy a Tax Assessment for the payment of Taxes in accordance with the respective Proportional Interest for each Condominium Unit.
Each Consortium Member shall keep its own accounting records for accounting and tax purposes with respect to its Proportional Interest.
Proportional Interest shall mean the percentage allocated to each Condominium Unit, within the Condominium, calculated as provided in this Condominium Constitution.
The record also indicates the presence of coal ash in the fill areas outside of ash ponds and historic area.
The Proportional Interest for each Condominium Unit within the Condominium is calculated by dividing the square meters of the Condominium Unit by the total square meters of all Condominium Units.Notwithstanding the foregoing, in the event there is a change in the area of any Condominium Unit, the Proportional Interests of the Condominium Units shall be re- calculated in accordance with the foregoing formula.
We asked the PE investors to tell us the time horizon of the investment cash flows they evaluate.
Consistent with the adopted accounting method, the Trustee will maintain books and records that value the Proportional Interest of each Participating Trust at least monthly.