Proportionate Amount means a principal amount determined by multiplying (i) the amount to be raised by the Company by (ii) Univision's then existing Option Percentage. To the extent that Univision exercises its right to make an Additional Loan, the amount to be raised from the sale of Class B Membership Units shall be decreased by the amount of such Additional Loan. Such rights of first refusal and right to make Additional Loans shall terminate upon a public offering of the Company.
Proportionate Amount means, as of any date, an amount equal to the product of (i) the Accreted Value for the immediately following Semi-Annual Accretion Date less the Accreted Value for the immediately preceding Semi-Annual Accretion Date (or, with respect to the period before the first Semi-Annual Accretion Date, less $734.401) multiplied by (ii) a fraction, the numerator of which is the actual number of days elapsed from the immediately preceding Semi-Annual Accretion Date (or, with respect to the period before the first Semi-Annual Accretion Date, the Closing Date) to the date for which the Proportionate Amount is being determined and the denominator of which is the actual number of days from the date of the immediately preceding Semi-Annual Accretion Date to and including the immediately following Semi- Annual Accretion Date or the actual number of days from the Closing Date to the first Semi-Annual Accretion Date, as the case may be.
Proportionate Amount means, with respect to a Qualified Stockholder, its pro rata portion of the Offered Securities determined by multiplying the number of Offered Securities by a fraction, the numerator of which is the aggregate number of shares of Common Stock issuable upon conversion of all shares of Preferred Stock then held and any Common Stock then owned by such Qualified Stockholder and the number of shares of Common Stock issuable on exercise or conversion of any securities convertible into or exercisable for shares of Common Stock, including, without limitation, warrants, and the denominator of which is the total number of shares of Common Stock then outstanding (treating as outstanding for this purpose all shares of Common Stock then issuable upon exercise or conversion of all outstanding securities convertible into or exercisable for shares of Common Stock, including, without limitation, warrants).
Examples of Proportionate Amount in a sentence
Please refer to sections “Allotment“ and “Illustration on Proportionate Amount to be Considered for Investing in the Scheme from Different Investor Categories in Case their Total Application Amount Exceeds the Maximum Amount Available for Respective Investor Categories” for details of the manner in which Units would be allotted in the event that the Subscriptions received from all Anchor Investors exceeds 25% of the “Maximum Amount to be Raised“.
For the avoidance of doubt, each Exercising Investor may specify in its Reply Notice an Exercise Amount higher or lower than its Proportionate Amount (as defined in clause (d) of this Section 5.2).
For purposes of this Section 3.3, "Proportionate Amount" means a principal amount determined by multiplying (i) the amount to be raised by the Company by (ii) Univision's then existing Option Percentage.
This Section 9 shall not apply to the Univision Subordinated Note or loans by Univision to purchase its Proportionate Amount.
For purposes of this subsection, the “Sliding Proportionate Backstop Amount” means an amount determined by multiplying (A) the Backstop Proportionate Amount by (B) the quotient obtained by dividing (1) the total number of days between (and including) (x) the date of exercise of Pinnacle’s right to purchase the Sliding Proportionate Backstop Amount and (y) the Third Backstop Anniversary, by (2) seven hundred and thirty (730).
More Definitions of Proportionate Amount
Proportionate Amount has the meaning specified in Section 2.01(b).
Proportionate Amount means (i) prior to the expiration or -------------------- termination of the Lender Option Period (as defined in Section 9.04 below), all of the Additional Securities, and (ii) from and after the expiration or termination of the Lender Option Period, the Lender's pro rata portion of the Additional Securities determined by dividing the aggregate number of shares of Common Stock issued or issuable to the Lender upon conversion of the Note and for the granting of the Territorial Rights Arrangement (after giving effect to stock splits, stock dividends, recapitalizations and the like) by the total number of shares of Common Stock outstanding (including shares of Common Stock then issuable upon conversion of the Note) as of the date of the Issuance Notice.
Proportionate Amount means, at the time of grant, the amount based upon the ratio of the percentage ownership of Private Common Stock owned directly or indirectly by Xxxxx Xxxxxx in proportion to the percentage ownership of Private Common Stock owned by Employee. Stock options granted to Employee under this Section 2.6 shall provide for the full and immediate vesting thereof if (i) the Company shall terminate Employee’s employment, unless terminated for Cause or by reason of Employee’s Death or Disability, or (ii) or Employee shall terminate his employment with the Company for Good Reason.
Proportionate Amount means, for each district participant, the amount that is attributable to the district participant in proportion to the total amount attributable to all district
Proportionate Amount means the same proportion of the Profit realized by CXXXXXXX as the funds actually paid by ODOC to CXXXXXXX under this contract bears to CXXXXXXX’x gxxxx purchase price paid for the Oklahoma Facility plus the amount spent by CXXXXXXX on renovation of the Oklahoma Facility plus real property taxes paid by CXXXXXXX and other costs or expenses incurred as of the date of the sale of the Oklahoma Facility (the “Gross Costs”), and (3) “Profit” means the net amount paid to CXXXXXXX which exceeds CXXXXXXX’x Gxxxx Costs. Provided however, this provision regarding repayment upon sale of the Oklahoma Facility shall expire (the “Sale Exclusion Date”) upon the date that is the earlier of: (i) the fifth (5th) anniversary of the Effective Date (as defined below); or (ii) CXXXXXXX meeting all conditions set forth in both this section and the conditions set forth in section 5 of this contract.
Proportionate Amount. Each Transferring Stockholder will use reasonable efforts to obtain the agreement of the prospective transferee(s) to the participation of the Participating Stockholders in any contemplated Transfer, and shall not consummate any such Transfer unless each Participating Shareholder is permitted to sell Participating Shares in such Transfer in the amount and on the terms set forth in this Section 2C (provided that if the prospective transferee declines to allow the participation of any Participating Stockholder, as an alternative the Transferring Stockholder may consummate the proposed Transfer so long as contemporaneously therewith the Transferring Stockholder purchases from such Participating Stockholder all of such Participating Stockholder's Participating Shares at the same price and on the same terms as the Transferring Stockholder transferred Stockholder Shares to such transferee). Each Participating Stockholder transferring Participating Shares pursuant to this Section 2C shall pay (x) its own expenses incurred by such Participating Stockholder in connection with the Transfer and (y) its pro rata share (according to holdings of Common Stock) of the expenses incurred by the Transferring Stockholder in connection with such transfer, and each such Stockholder shall be obligated to join in any indemnification or other obligations that the Transferring Stockholder agrees to provide in connection with such transfer (other than any such obligations that relate specifically to a particular Participating Stockholder, such as indemnification with respect to representations and warranties given by a Participating Stockholder regarding such Stockholder's title to and ownership of Participating Shares).
Proportionate Amount a number of Issuable Shares owned by a Holder equal to the product (calculated as of the date of the relevant proposed transaction) of: