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, 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).
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.

Examples of Proportionate Share in a sentence

  • If at any time during the design phase, the District's Proportionate Share of the design phase Engineering Fees exceeds its deposit, the Authority may provide a written request to the District to fund such deficit and the District agrees to do so within forty-five (45) days of receiving the request.

  • If at any time during the design phase, the Authority's Proportionate Share of the design phase Engineering Fees exceeds its deposit, the Authority shall promptly set aside and deposit into the Joint Construction Account a sufficient amount of money to fund such deficit.

  • The interest accruing on and any profits realized from investing monies in the Joint Construction Account shall be credited to the account from which such investment was made and allocated to each party based upon its Proportionate Share contributed.

  • The District shall send invoices to the Authority for its Proportionate Share of Maintenance Expenses, and the Authority shall pay such invoices with forty-five (45) days of its receipt of any such invoice.

  • The District and the Authority shall be responsible for their Proportionate Share of Maintenance Expenses.


More Definitions of Proportionate Share

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 means that share which is equal to a party's percentage Interest.
Proportionate Share means: