Relevant Proportion definition
Relevant Proportion means, at any time, the proportion which one Note bears to the number of all of the Notes outstanding;
Relevant Proportion means a number equal to (i) the number of calendar days from, but excluding, the date of determination by the Issuer or Calculation Agent, as applicable, that the Note will be early redeemed pursuant to and in accordance with the Conditions following the Non-Force Majeure Event to, and including, the Scheduled Maturity Date of the Note, divided by (ii) the number of calendar days from, but excluding, the Issue Date of the Note to, and including, the Scheduled Maturity Date of the Note,
Relevant Proportion means, in respect of any day, an amount, expressed as a fraction, equal to the Outstanding Nominal Amount of the Security as of such day, divided by the aggregate of the Outstanding Nominal Amounts of all Securities then outstanding;
Examples of Relevant Proportion in a sentence
If the Net Indebtedness is a greater negative sum or a smaller positive cash balance (as the case may be) than the Estimated Net Indebtedness, the Sellers shall pay to the Purchaser an amount in euros equal to the difference, whereby each Seller will pay the amount in accordance with its Relevant Proportion.
If the Net Indebtedness is a smaller negative sum or a greater positive cash balance (as the case may be) than the Estimated Net Indebtedness, the Purchaser shall pay to the Sellers an amount in euros equal to the difference, whereby each Seller will receive the amount in accordance with its Relevant Proportion.
More Definitions of Relevant Proportion
Relevant Proportion means the proportion of the costs attributable to the licensee in accordance with principles determined by the Authority for the purposes of this condition generally and notified to the licensee.
Relevant Proportion means, in respect of a Shareholder, the proportion from time to time of the number of Shares held by that Shareholder to the aggregate number of Shares held by all Shareholders;
Relevant Proportion means the proportion of the costs attributable to
Relevant Proportion means, in relation to any partial payment of any Liquidation Distribution, the total amount available for any such payment and for making any liquidation distribution on any Parity Obligation divided by the sum of:
Relevant Proportion means the higher of (a) the Relevant Tranche and (b) such amount of the Loan as will be required to be prepaid so that the Valuation Amount of the Vessel remaining subject to a Mortgage after such prepayment is at least 140% of the Loan after such prepayment.
Relevant Proportion means the proportion that the length of the period from the start of an I&P Period to the occurrence of the Relevant Event bears to the length of that I&P Period (calculated in days).
Relevant Proportion means in relation to a Shareholder, the proportion which the voting rights attaching to the Shares in issue at that time; excluding any that may be subject to an option notice at that time;