Proportionate Interest definition

Proportionate Interest has the meaning specified in Section 2.5(d);

Proportionate Interest in any issuance of Capital Stock of a Restricted Subsidiary means a ratio (i) the numerator of which is the aggregate amount of all Capital Stock of such Restricted Subsidiary beneficially owned by Parent and the Restricted Subsidiaries and (ii) the denominator of which is the aggregate amount of Capital Stock of such Restricted Subsidiary beneficially owned by all Persons (excluding, in the case of this clause (ii), any Investment made in connection with such issuance).

Proportionate Interest shall have the meaning set forth in Section 3.2.2 hereof.

Examples of Proportionate Interest in a sentence

• References herein to assets, expenses, charges, costs, and reserves "allocable" or "allocated" to a particular Class of a Portfolio shall mean the aggregate amount of such item(s) of the Portfolio multiplied by the Class's Proportionate Interest.

• References herein to assets, expenses, charges, costs, and reserves “allocable” or “allocated” to a particular Class of a Portfolio shall mean the aggregate amount of such item(s) of the Portfolio multiplied by the Class’s Proportionate Interest.

• Each Class of a Portfolio shall have a Proportionate Interest in the net assets belonging to that Portfolio.

• References herein to assets, expenses, charges, costs and reserves “allocable” or “allocated” to a particular Class of a Portfolio shall mean the aggregate amount of such items held with respect to such Portfolio multiplied by the Class’s Proportionate Interest.

• This also explains the context behind cl 39’s variation on 29 November 2012.115 On 11 September 2012, IBRIS provided a bank guarantee pursuant to cl 39.1(2) for the sum of S$5,625,000 which was intended to last for the rest of the Service Agreement, that is, up to July 2016.

More Definitions of Proportionate Interest

Proportionate Interest in any issuance of Capital Stock of a Restricted Subsidiary means a ratio (i) the numerator of which is the aggregate amount of all Capital Stock of such Restricted Subsidiary beneficially owned by the Company and the Restricted Subsidiaries and (ii) the denominator of which is the aggregate amount of Capital Stock of such Restricted Subsidiary beneficially owned by all Persons (excluding, in the case of this clause (ii), any Investment made in connection with such issuance).

Proportionate Interest means, in respect of a Shareholder, and as of any date, the ratio of the Shares held by such Shareholder to the aggregate of the Shares held collectively by all of the Shareholders on such date expressed as a decimal;

Proportionate Interest means, at any time, for a Shareholder, the amount (expressed as a percentage) determined by the formula A ÷ B, where: A is the total Shares of the Company held by the Shareholder B is the total Shares of the Company held by all Shareholders at that time. The Parties acknowledge that a Shareholder’s Proportionate Interest may be recalculated from time to time in accordance with Section 8.3;

Proportionate Interest means, at any time:

Proportionate Interest in a private entity means—

Proportionate Interest in any issuance of Capital Stock of a Restricted Subsidiary means a ratio (i) the numerator of which is the aggregate amount of all Investments in Capital Stock of such Restricted Subsidiary by the Company and (ii) the denominator of which is the aggregate amount of all Investments in Capital Stock of such Restricted Subsidiary by all Persons.

Proportionate Interest means, in respect of a Member, at any time, the proportionate share of all Membership Interests that such Member’s Membership Interest represents, calculated as follows: