Proportionate Shares definition

Proportionate Shares means that share or shares which is equal to a Party’s percentage Interest.

Proportionate Shares means the aggregate of those 10,000 Dividend Shares distributed and redistributed amongst the Shareholders/Limited Partners in accordance with the percentages of the Proportionate Population Formula, as set forth in Section 7.07;

Proportionate Shares means SK Proportionate Shares for the Majority Member, and SPC Proportionate Shares for the Minority Member.

Examples of Proportionate Shares in a sentence

• Each Loan shall be made on a pro rata basis by the Lenders in accordance with their respective Proportionate Shares, with each Borrowing to consist of a Loan by each Lender equal to such Lender’s Proportionate Share of such Borrowing.

• Unless otherwise directed by the Majority Lenders, all payments of principal, interest and fees under this Agreement and the other Loan Documents shall be made by the Obligors to the Lenders pro rata in accordance with the Lenders’ respective Proportionate Shares of such payments.

• If a Bank does not provide the Agent with instructions within that period, (i) that Bank shall be bound by the decision of the Agent, (ii) that Bank shall have no vote for the purposes of this Clause and (iii) the combined Proportionate Shares of the other Banks who provided such instructions shall be deemed to contribute 100%.

• Except as otherwise provided herein (including in Section 2.3.3), (a) each Revolving Borrowing shall be made or allocated among the Lenders pro rata according to their respective Proportionate Shares then in effect and (b) each payment of principal of or interest on the Revolving Loans, Facility Fees and Lenders Letter of Credit Fees shall be shared among the Lenders pro rata in accordance with the amounts of such principal, interest or fees, as the case may be, then due and payable to them.

• In terms of CQS Proportionate Shares relative to one another, Participant A would receive an allocation of 47.94 percent, and Participant B would receive an allocation of 52.06 percent, for the next period.

More Definitions of Proportionate Shares

Proportionate Shares means SK Proportionate Shares for SK and SPC Proportionate Shares for the SPC, as applicable.

Proportionate Shares means the respective interest of each Holder in any amount disbursed to the Holders hereunder, which interest shall be equal to a fraction, the numerator of which shall be the sum of (i) the number of such Holder's shares of Lamcor Common Stock converted into and exchanged for the right to receive a cash payment from Buyer in accordance with Section 3.1(c) of the Merger Agreement and (ii) the number of shares of Lamcor Common Stock subject to such Holder's Lamcor Options or Lamcor Convertible Securities canceled pursuant to Section 3.5 of the Merger Agreement, and the denominator of which shall be the sum of (i) the aggregate number of shares of Lamcor Common Stock so converted and exchanged and (ii) the aggregate number of shares of Lamcor Common Stock subject to Lamcor Options or Lamcor Convertible Securities so canceled.

Proportionate Shares means 51% for RBS and 49% for the Sempra Members (and split between the Sempra Members as set forth on Schedule II to this Annex A ).

Proportionate Shares means, with respect to each Lender, the percentage set forth under the caption "Proportionate Share" opposite such Lender's name on Schedule I, or, if changed, such percentage as may be set forth for such Lender in the Register.

Proportionate Shares in the two places it appears in _ the second sentence thereof to "Term Loan Proportionate _ Shares". _ _ (j) SUBPARAGRAPH 2.02(E) is amended by changing the _ term "Maturity Date" in the one place it appears in CLAUSE _ (I)(C) thereof to "Term Loan Maturity Date". _ _ (k) SUBPARAGRAPH 2.02(F) is amended by changing the _ first sentence thereof to read in its entirety as follows: _ _ Subject to SUBPARAGRAPH 2.05(D), Borrower shall repay _ the principal amount of the Term Loans in five (5) _ equal installments of $25,000,000 each payable on the _ last day of each March and September, commencing _ September 30, 1995 and ending on September 30, 1997 _ (each such date to be referred to herein as a "TERM _ LOAN INSTALLMENT DATE"); PROVIDED, HOWEVER, that the _ principal payment due on September 30, 1997 (the "TERM _ LOAN MATURITY DATE") shall be in the amount necessary _ to pay all remaining unpaid principal on all Term _ Loans. _ _ (l) SUBPARAGRAPH 2.03(A) is amended by changing CLAUSE _ (I) thereof to read in its entirety as follows: _ _

Proportionate Shares means the First Offeree Proportionate Share or the Second Offeree Proportionate Share.

Proportionate Shares means 51% for RBS and 49% for the Sempra Members (and split between the Sempra Members as set forth on Schedule II to this Annex A). “SocGen Purchase Agreement” means the Asset Purchase Agreement, dated as of January 9, 2011, by and among Société Générale Energie (USA) Corp., a Delaware corporation (“SGE”), Société Générale, a French banking corporation, Sempra Energy, RBS, the Partnership and SET. “SocGen Sale” means the sale of Transferred Assets and Transferred IT Assets to SGE (both as defined in the SocGen Purchase Agreement). “Subsequent Sale Agreements” means, the Noble Purchase Agreement, the NAPG Transfer Agreement, the SocGen Purchase Agreement, the TAQA Transaction Agreement and each other definitive purchase, sale or similar agreements with respect to the Subsequent Sales. “Subsequent Sales” means, any and all sales and transfers of the Partnership’s businesses and assets subsequent to, and not including, the JPM Salmon Sale. For the avoidance of doubt, Subsequent Sales shall include, but not be limited to, the Additional Sales. “TAQA Sale” means the sale (on behalf of the Partnership) of RBS’ interests in TAQA Gen X LP, a Delaware limited partnership (“TAQA LP”) to MS TGS LLC, a Delaware limited liability company (“MS”). “TAQA Transaction Agreement” means the Master Transaction Agreement, dated as of December 28, 2010, by and among MS, Xxxxxx Xxxxxxx Capital Group Inc., a Delaware corporation, RBS, SET, TNW Energy LLC, a Delaware limited liability company, TAQA LP and TAQA Gen X LLC, a Delaware limited liability company. “Transaction Agreements” means the JPM Salmon Purchase Agreement and the Subsequent Sale Agreements. “Transactions” means the JPM Salmon Sale and the Subsequent Sales. Any capitalized term that is defined herein, but not listed in this Section 1, shall have the meaning provided to such term in the paragraph, Section or Exhibit herein where such term is defined. Capitalized terms used herein but not defined herein shall have the meanings ascribed to them in the LLP Agreement.