Proportionate Part definition

Proportionate Part means a fraction, the numerator of which is the aggregate Partnership Percentage held by members of a Family Group who are Authorized Transferees of the applicable Former Partner and the denominator of which is the aggregate Partnership Percentage held by members of all Family Groups who are Authorized Transferees of the applicable Former Partner.

Proportionate Part means, with respect to the item in question, the portion of the item in question, as of the date of any calculation, which bears the same proportion to the entire amount of the item in question as: (a) the Depreciated Actual Cost of the Vessel as of the date of such calculation bears to (b) the Depreciated Actual Cost of all the Vessels as of such date, all as determined by the Administrator.

Proportionate Part means a fraction, the numerator of which is the number of Shares held by a Family Group and the denominator of which is the number of Shares held by all Family Groups.

Examples of Proportionate Part in a sentence

• The principal amount of the Proportionate Part of the Outstanding Obligations shall be determined by the Secretary.

• Provided that, notwithstanding the foregoing, the Shipowner shall not be required to pay the Secretary any amount which the Secretary agrees is in excess of the amount needed for redemption of the Proportionate Part of the Outstanding Obligations affected by the Loss Event.

• Supplier agrees to obtain written approval from Cognizant prior to making, offering, giving, or authorizing, directly or indirectly, anything of value, including a political contribution, charitable donation, gift, entertainment, or hospitality, to or at the request of a Government Official in any way related to the Agreement.

• When a Person so assumes this Indenture and such Proportionate Part of the Outstanding Obligations, the Supplemental Indenture shall discharge and release the Shipowner from any and all obligations thereunder relating to such Proportionate Part of the Outstanding Obligations.

• Upon delivery of any such notice, this Warrant shall immediately terminate and be void, and the Company shall, within five Business Days thereafter, pay to the Registered Holder its Proportionate Part of $12,500,000, by wire transfer of immediately available funds to the account designated by the Registered Holder in the notice referred to above.

More Definitions of Proportionate Part

Proportionate Part means, with respect to any Partner or Family Group, the Partnership Percentage of such Partner or the aggregate Partnership Percentage of such Family Group.

Proportionate Part means with respect to the item in question, the portion of the item in question, as of the date of any calculation, which bears the same proportion to the entire amount of the item in question as: (x) the Depreciated Actual Cost of the Vessel as of the date of such calculation bears to (y) the Depreciated Actual Cost of all the Vessels as of such date (excluding the Depreciated Actual Cost of any Vessel upon which its Obligations have been redeemed pursuant to Section 3.06 of the Indenture), all as determined by the Secretary.

Proportionate Part means, with respect to any Partner or Family Holders' Family Group, the Partnership Percentage of such Partner or the aggregate Partnership Percentage of such Family Holders' Family Group.

Proportionate Part means with respect to the item in question, the portion of the item in question, as of the date of any calculation, which bears the same proportion to the entire amount of the item in question as: (x) the Depreciated Actual Cost of the Vessel as of the date of such calculation bears to (y) the Depreciated Actual Cost of all the Vessels as of such date (excluding the Depreciated Actual Cost of any Vessel upon which its Obligations have been redeemed pursuant to Section 3.06 of the Indenture), all as determined by the Administrator.

Proportionate Part means (A) with respect to a Loss of Rights occurring within 10 years from the Link Closing Date (the "10 Year Period"), 100% of the Purchase Price attributable to such Link, and (B) with respect to a Loss of Rights occurring after the 10 Year Period, that portion of the Purchase Price attributable to the applicable Link, multiplied by the following fraction: (A) the numerator of such fraction shall be the remainder derived by subtracting from 180 the number of months which have elapsed (if any) from the Ten Year Period to the date that the Loss of Rights causes Purchaser to terminate its use of such Segment; (B) the denominator of such fraction shall be 180. The remedies set forth in this section shall be Purchaser's sole remedies with respect to all matters covered by this Section 9.1, without regard to whether such matter might otherwise constitute an actionable breach of a covenant hereunder or a default of AT&T hereunder.

Proportionate Part means (A) with respect to a Loss of Rights occurring within 10 years from the Phase Closing Date, as determined separately with respect to each Phase (the "10 Year Period"), 100% of the Phase Purchase Price attributable to Fibers included in such Phase for such Link, and (B) with respect to a Loss of Rights occurring after the 10 Year Period, that portion of the Phase Purchase Price attributable to the applicable Link, multiplied by the following fraction: (A) the numerator of such fraction shall be the remainder derived by subtracting from 180 the number of months which have elapsed (if any) from the Ten Year Period to the date that the Loss of Rights causes Purchaser to terminate its use of the Fibers in the applicable Phase for such Link; (B) the denominator of such fraction shall be 180. The remedies set forth in this section shall be Purchaser's sole remedies with respect to all matters covered by this Section 9.1, without regard to whether such matter might otherwise constitute an actionable breach of a covenant hereunder or a default of AT&T hereunder.

Proportionate Part means 100 percent of the Outstanding Obligations of the Series issued with respect to the Vessel to which the respective section refers.