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.