Proportional Interest definition

Proportional Interest means, in relation to:
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Proportional Interest means the contributions of capital or assets by the at least fifty- one percent eligible owner(s) is at least equal the ownership interest.
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Proportional Interest means that fraction which has as its numerator the number of Common Shares owned or controlled, directly or indirectly, by the Riata Entities and which has as its denominator the total number of Common Shares held by all TransAtlantic Shareholders.
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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.


More Definitions of Proportional Interest

Proportional Interest means that fraction which has as its numerator the number of Common Shares and securities convertible or exchangeable into Common Shares owned or controlled, directly or indirectly, by the Investor and which has as its denominator the sum of the total number of outstanding Common Shares and the number of Common Shares issuable pursuant to the securities convertible or exchangeable into Common Shares owned or controlled, directly or indirectly, by the Investor;
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Proportional Interest or "pro rata portion" of any Equityholder means such Equityholder's percentage ownership of the Company's Class A common stock and Class B common stock on a fully diluted basis (including giving effect to the acceleration of vesting of any restricted shares of the Company's Class B common stock).
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Proportional Interest means the fraction which has as its numerator the number of Ordinary Shares owned or controlled, directly or indirectly, by the Subscriber or any of its affiliates and which has as its denominator the total number of Ordinary Shares held by all shareholders of Champion Iron Limited;
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Proportional Interest means the value of the undivided interest that each Participating Trust has in the Net Assets of the Group Trust as determined under Section 4.4.
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Proportional Interest means, with respect to any WDR and any time of calculation of the related Proportional Interest, the weight of silver specified on such WDR divided by the total weight of silver specified on all WDRs for mini- sized silver Futures recorded at such time in the books and records of the Exchange. Each Clearing Member represents to the Exchange with respect to each such WDR that it is fully authorized by the holder on whose behalf the Clearing Member is acting, if any, to grant a security interest to the Exchange pursuant to this Rule 1708(d) in such WDR.
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Related to Proportional Interest

  • Fractional Interest As defined in Section 5.02(d).

  • Original Fractional Interest With respect to each of the following Classes of Class 1-B Certificates, the corresponding percentage described below, as of the Closing Date: Class 1-B-1 1.36% Class 1-B-2 0.80% Class 1-B-3 0.50% Class 1-B-4 0.30% Class 1-B-5 0.15% Class 1-B-6 0.00% Original Class 1-B Certificate Balance: $12,540,662.00. OTS: The Office of Thrift Supervision.

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Class C Additional Interest is defined in Section 4.1(c).

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Distributional interest means the right under an unincorporated entity’s organic law and organic rules to receive distributions from the entity.

  • Additional Interest means all amounts, if any, payable pursuant to Section 4.06(d), Section 4.06(e) and Section 6.03, as applicable.

  • Original Class B-5 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-5 Fractional Interest is specified in Section 11.20.

  • Original Class B-1 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-2 Principal Balance, the Original Class B-3 Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-1 Fractional Interest is specified in Section 11.16.

  • Original Class B-2 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-3 Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-2 Fractional Interest is specified in Section 11.17.

  • Original Class B-3 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-4 Principal Balance, the Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-3 Fractional Interest is specified in Section 11.18.

  • Original Class B-4 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-4 Fractional Interest is specified in Section 11.19.

  • Current Class B-5 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the Principal Balance of the Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-5 Fractional Interest.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Current Class B-1 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-1 Fractional Interest.

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Current Class B-3 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-4, Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-3 Fractional Interest.

  • Current Class B-2 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-3, Class B-4, Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-2 Fractional Interest.

  • Current Class B-4 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-4 Fractional Interest.

  • Post-ARD Additional Interest With respect to any ARD Mortgage Loan after its Anticipated Repayment Date, all interest accrued on the principal balance of such ARD Mortgage Loan at the Post-ARD Additional Interest Rate (the payment of which interest shall, under the terms of such ARD Mortgage Loan, be deferred until the principal balance of such ARD Mortgage Loan and all other interest thereon has been paid in full), together with all interest, if any, accrued at the related Mortgage Rate on such deferred interest.

  • Prospective International Interest means an interest that is intended to be created or provided for in an object as an international interest in the future, upon the occurrence of a stated event (which may include the debtor’s acquisition of an interest in the object), whether or not the occurrence of the event is certain;

  • Personal interest means a financial benefit or liability accruing to a School Board member or employee or to a member of the immediate family of the School Board member or employee. Such interest shall exist by reason of

  • Additional Interest Rate With respect to any ARD Loan after its Anticipated Repayment Date, the incremental increase in the per annum rate at which such Mortgage Loan accrues interest after the Anticipated Repayment Date (in the absence of defaults) as calculated and as set forth in the related Mortgage Loan documents.

  • Earned Interest means the interest and other income actually received or credited on the investment of the Escrowed Funds between the date hereof and the earlier to occur of the Acquisition Closing Date and the Termination Date.

  • Shelf Additional Interest Date shall have the meaning set forth in Section 2(d) hereof.

  • Financial Interest means either: