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Proportionate Share definition

Proportionate Share means, with respect to any Lender, the percentage obtained by dividing (a) the sum of the Commitment (or, if the Commitments are terminated, the outstanding principal amount of the Loans) of such Lender then in effect by (b) the sum of the Commitments (or, if the Commitments are terminated, the outstanding principal amount of the Loans) of all Lenders then in effect.
Proportionate Share means a fraction, the numerator of which is the Leasable Area of the Premises and the denominator of which is the aggregate of the Leasable Area of all rentable premises in the Building.
Proportionate Share means, at any time, the proportion which a Lender’s Commitment (whether or not advanced) then bears to the aggregate Commitments of all the Lenders (whether or not advanced).

Examples of Proportionate Share in a sentence

  • The Parties agree that a portion of Project Sponsor’s Transportation Account Contributions are in excess of Project Sponsor’s Proportionate Share and therefore eligible for reimbursement or credit.

  • Beginning on the Commencement Date, and each month thereafter during the initial one-year term, the CITY shall pay to the BOARD an amount equal to one-twelfth of the CITY’S Proportionate Share of Utilities, unless otherwise adjusted as provided for in Article VI.

  • Since the Site is shared, the CITY’S proportionate share shall be determined by multiplying a fraction, the numerator of which is CITY’S leasable floor area (office/storage/maintenance facility) and the denominator of which is the total leasable area of the Site, by the actual cost of shared utilities for the twelve (12) month period immediately preceding the Effective Date (“CITY’S Proportionate Share of Utilities”).

  • Additionally, as further described in Section below, at the time the Transportation Account is established for these 2024 Intersection Mitigation Measures, the City shall also establish a Transportation Account for each of the 2032 and 2037 Intersection Mitigation Measures described in Section and , and the Project Sponsor shall deposit the Project Sponsor Proportionate Share for all 2032 and 2037 Intersection Mitigation Measures into those Transportation Accounts.

  • Account where funds are credited from (a) Project Sponsor Proportionate Share contributions, (b) Grant Funds, (c) Other Development Transportation Mitigation, and (d) Project Sponsor Transportation Account Contribution.


More Definitions of Proportionate Share

Proportionate Share means, with respect to any Lender, the percentage obtained by dividing (a) the Commitment (or, if the Commitments are terminated, the outstanding principal amount of the Loans) of such Lender then in effect by (b) the sum of the Commitments (or, if the Commitments are terminated, the outstanding principal amount of the Loans) of all Lenders then in effect.
Proportionate Share means the cost of public facility improvements that are roughly proportionate and reasonably related to the service demands and needs of any development activity.
Proportionate Share shall be the percentage set forth on the first page of this Lease as Tenant's Proportionate Share of the Building as reasonably adjusted by Landlord in the future for changes in the physical size of the Premises or the Building. Landlord may equitably increase Tenant's Proportionate Share for any item of expense or cost reimbursable by Tenant that relates to a repair, replacement, or service that benefits only the Premises or only a portion of the Project or Building that includes the Premises or that varies with occupancy or use. The estimated Operating Expenses for the Premises set forth on the first page of this Lease are only estimates, and Landlord makes no guaranty or warranty that such estimates will be accurate.
Proportionate Share means that portion of the cost of public facility improvements that are reasonably related to the service demands and needs of new development.
Proportionate Share shall be the percentage set forth on the first page of this Lease as Tenant's Proportionate Share of the Project as reasonably adjusted by Landlord in the future for changes in the physical size of the Premises or the Project; and, with respect to Operating Expenses which Landlord allocates only to the Building, Tenant's "Proportionate Share" shall be the percentage set forth on the first page of this Lease as Tenant's Proportionate Share of the Building as reasonably adjusted by Landlord in the future for changes in the physical size of the Premises or the Building. Landlord may equitably increase Tenant's Proportionate Share for any item of expense or cost reimbursable by Tenant that relates to a repair, replacement, or service that benefits only the Premises or only a portion of the Project or Building that includes the Premises or that varies with occupancy or use. The estimated Operating Expenses for the Premises set forth on the first page of this Lease are only estimates, and Landlord makes no guaranty or warranty that such estimates will be accurate.
Proportionate Share means that portion of the cost of
Proportionate Share or "proportional share" means an amount equal to a parent's percentage share of the combined monthly net in- come of both parents as computed on the worksheets when determining a parent's child support obligation under chapter 26.19 RCW.