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.

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.

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)).

• Each Consortium Member shall keep its own accounting records for accounting and tax purposes with respect to its Proportional Interest.

• 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.

• 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.

• If the Partnership has insufficient funds available to pay each Limited Partner’s current account balance, the Partnership shall distribute to each Partner who so requires a pro-rated amount of the available funds reflecting such Limited Partner’s Proportional Interest in the Partnership.

• All other distributions in respect of the Escrowed Shares received by the Escrow Agent shall become a part of the Escrow Fund (but shall not be used to satisfy any claims by Acquiror Indemnified Parties pursuant to Section 5 herein) and credited proportionately to the Subaccounts of the Stockholders in accordance with the applicable Proportional Interest in Shares.

• All other distributions in respect of the Escrowed Shares received by the Escrow Agent shall become a part of the applicable Escrow Fund (but shall not be used to satisfy any claims by Acquiror Indemnified Parties pursuant to Section 5 hereof) and credited proportionately to the Subaccounts of the Stockholders in accordance with the Proportional Interest in Shares.

• Changes to this Partnership Agreement and any resolution which would result in an appropriation of profits to Limited Partners other than in accordance with their respective Proportional Interest in the Partnership shall require the approvals of the General Partner and Reserve GmbH.

• Subject to any limitations agreed to in or in connection with the Investment Agreement, the Partnership shall vote in accordance with such resolution a number of Shares to be computed as follows: 100% minus the Proportional Interest of Reserve GmbH in the Partnership; the difference to be multiplied by the total number of Shares owned by the Partnership in Elster (not including any Additional Shares as the same are defined in Sec.

• TD 8851—Return Requirement for United States Persons Acquiring or Disposing of an Interest in a Foreign Partnership, or Whose Proportional Interest in a Foreign Partnership Changes.

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;

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).

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;

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.