Respective Portion definition

Respective Portion means, as to Columbia and Motient, such stockholders percentage ownership of Blocker Corporation, as set forth on Schedule 7.2(b) hereto.
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Respective Portion means a fraction, the numerator of which is the number of Shares owned by a given Stockholder as set forth in Schedule 4.1(b), and the denominator of which is the total number of outstanding Shares as set forth in Schedule 4.2(b).
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Respective Portion means the portion of Consideration to be received by each respective Seller under Clause 3.2 to be included in the Pre-Completion Statement.
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Examples of Respective Portion in a sentence

  • For clarity, the Company shall not be allowed to use its Respective Portion of the Grant Funds to purchase the Equipment from CREST.

  • The University shall ensure that the Grant Funds which have been disbursed to and received by the University shall be accounted for and in the event that there is any Unexpended Grant Funds, the University shall return to CREST its Respective Portion of the Unexpended Grant Funds.

  • The University shall return to CREST their Respective Portion of the Unexpended Grant Fund within three (3) months after the completion of all milestones of the Project.

  • Subject to the terms of Article VII and Section 5.6 below, on the eighteen (18) month anniversary of the Closing, the Buyer shall pay or cause to be paid to each Stockholder its Respective Portion of the Holdback Amount, less the amount required to satisfy any then-unresolved Claim(s) made by the Buyer Indemnified Parties in accordance with the terms of Article VII or Section 5.6 below, via wire transfer of immediately available funds to the respective accounts designated by the Stockholders.

  • The Company agrees that CREST has the right in its sole and absolute discretion to deal with the Company’s Respective Portion of the Unexpended Grant Funds and the Company shall be deemed to have no further rights over its Respective Portion of the Unexpended Grant Funds.

  • The Purchaser shall deliver to each Stockholder a certificate registered in his name for his Respective Portion of the Centra Shares, rounded to the nearest whole number (fractional shares will not be issued).

  • The Sellers shall be responsible for the sub-sequent allocation of each Seller’s Respective Portion and release the Purchaser from any liability in this respect.

  • For the avoidance of doubt, should this Agreement be terminated under Clause 14.1. herein, (a) the University shall be entitled to receive its Respective Portion of the Grant Funds; and (b) any CREST-approved purchases and claims for expenses incurred by the Company shall be paid by CREST, up to the point in time when the force majeure event has prevented it from fulfilling its obligations hereunder.

  • Each Stockholder shall deliver at the Closing certificate or certificates representing the Stockholder's Respective Portion of the Xxxxx Shares, duly endorsed in blank or accompanied by stock powers duly endorsed in blank, in each case in proper form for transfer, with signatures guaranteed by a commercial bank or a member firm of the New York Stock Exchange, Inc., and with all stock transfer and any other required documentary stamps affixed thereto.

  • Each Stockholder shall be issued his Respective Portion of the Base Amount and Xxxxx shall be issued the Additional Shares.

Related to Respective Portion

  • Active portion means that portion of a facility where treatment, storage, or disposal operations are being or have been conducted after May 19, 1980, and which is not a closed portion. (See also “closed portion” and “inactive portion.”)

  • Inactive portion means that portion of a facility which is not operated after November 19, 1980. See also "active portion" and "closed portion".

  • Applicable Portion means, with respect to any holder of shares of Preferred Stock, a number of shares of Preferred Stock calculated by multiplying the aggregate number of shares of Preferred Stock held by such holder immediately prior to a Qualified Financing by a fraction, the numerator of which is equal to the amount, if positive, by which such holder’s Pro Rata Amount exceeds the number of Offered Securities actually purchased by such holder in such Qualified Financing, and the denominator of which is equal to such holder’s Pro Rata Amount.

  • Allocable Portion for purposes of this Plan, means (1) if there is one Distributor, all Earned Distribution and Earned Servicing Fees; or (2) if there are two or more Distributors, the portion of the Earned Distribution Fee and Earned Servicing Fee allocated to a Distributor in accordance with any allocation procedures to which each Distributor shall agree and which accurately allocates the Earned Distribution and Earned Servicing Fees among all Distributors in proportion to the outstanding New Class X Shares attributable to their respective efforts.

  • Ratable Portion or "ratably" means, with respect to any Lender, the percentage obtained by dividing (a) the Revolving Credit Commitment of such Lender by (b) the aggregate Revolving Credit Commitments of all Lenders (or, at any time after the Revolving Credit Termination Date, the percentage obtained by dividing the aggregate outstanding principal balance of the Revolving Credit Outstandings owing to such Lender by the aggregate outstanding principal balance of the Revolving Credit Outstandings owing to all Lenders).

  • Existing portion means that land surface area of an existing waste management unit, included in the original Part A permit application, on which wastes have been placed prior to the issuance of a permit.

  • Pro Rata Portion means the ratio of (x) the Subscription Amount of Securities purchased on the Closing Date by a Purchaser participating under this Section 4.12 and (y) the sum of the aggregate Subscription Amounts of Securities purchased on the Closing Date by all Purchasers participating under this Section 4.12.

  • Allocable Share means Allocable Share as that term is defined in the Master Settlement Agreement.

  • Tag-Along Portion means, with respect to you and your Permitted Transferees, the number of shares of Common Stock beneficially owned by you and your Permitted Transferees on the date of the Tag-Along Notice multiplied by a fraction, the numerator of which is the maximum number of shares of Common Stock which can be sold in the Tag-Along Sale and the denominator of which is the aggregate number of shares of Common Stock beneficially owned by the Participants, collectively.

  • Vested Percentage means the sum of the following percentages: (i) 2% multiplied by your Years of Service, plus (ii) 8% multiplied by the number of Years you have been designated a participant in the Plan; provided, however, (w) prior to completing five Years of Service the Vested Percentage is 0,(x) on or prior to your fiftieth birthday your Vested Percentage may not exceed 50%, (y) on or prior to each of your birthdays following your fiftieth birthday your Vested Percentage may not exceed the sum of 50% plus the product obtained by multiplying 5% by the number of birthdays that have occurred following your fiftieth birthday, and (z) your Vested Percentage in no event may exceed 100%.

  • Proportionate Percentage means, with respect to any Shareholder as of any given date with respect to an Eligible Offering, the number (expressed as a percentage) obtained by dividing (A) the number of shares of Common Stock owned by such Shareholder as of such date by (B) the total number of shares of Common Stock held by all Shareholders.

  • Allocable Percentage means, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency, bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Permitted Percentage means 25% of the voting power of the Stock.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Designated Percentage shall have the meaning set forth in Section 1(a) hereof.

  • Applicable Par Call Date means with respect to the 2024 Notes, March 2, 2024, and with respect to the 2029 Notes, July 1, 2029.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Prospective Purchaser has the meaning set forth in Section 2.3(b)(i) hereof.

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • Final Payment Percentage is five percent (5.00%).

  • Multiple disabilities means concomitant impairments (such as intellectual disability- blindness, intellectual disability-orthopedic impairment, etc.), the combination of which causes such severe educational needs that they cannot be accommodated in special education programs solely for one of the impairments. The term does not include deaf/blindness.

  • Retained Percentage means, with respect to any Excess Cash Flow Period, (a) 100% minus (b) the Applicable ECF Percentage with respect to such Excess Cash Flow Period.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Prospective donor means an individual who is dead or near death and has been determined by a procurement organization to have a part that could be medically suitable for transplantation, therapy, research, or education. The term does not include an individual who has made a refusal.

  • Percentage Share means, when used: