Respective Share definition

Respective Share means the percentage share applying to a Party as set out in column 3 of Schedule 2 for the time being and if another person or body shall become a Party for the purpose of this Agreement it is the intention that the Respective Shares of each Party at the time shall be reduced pro rata the share agreed to apply to that person or body on its becoming a Party;
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Respective Share means, in respect of each of the Default Beneficiaries in Box ‘B’, the share specified therein.
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Respective Share means, in the case of each of BP and GOM, Thirty-Seven and One-Half Percent (37.50%), and in the case of Chevron, Twenty-Five Percent (25.00%).
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Examples of Respective Share in a sentence

  • Subject to all of the terms and conditions of this Contract, within fifteen (15) Days following verification by the Certifying Representative of such events, each Company shall pay to Escrow Agent for deposit into the Escrow Account its Respective Share of THIRTY MILLION AND NO/100 DOLLARS ($30,000,000.00).

  • Payments to the fund pursuant to this section are subject to the following limitations.

  • Upon a Tender by a Company, such Company’s Respective Share of any payment shall be subtracted from amounts due under this Contract but shall be provided to be paid by such Company under its respective PSA.

  • If the dispute is resolved, the Certifying Representative shall so notify the Companies and, subject to all terms and conditions of this Contract, within thirty (30) Days thereafter, each Company shall pay to Contractor its Respective Share of such invoice.

  • The withdrawing Party shall reimburse the other Parties for its Respective Share of capital and revenue costs incurred (as set out in Schedule 2) up to the date of expiry of the notice given pursuant to this clause 9.1, together with all and any costs incurred as a result of its withdrawal.


More Definitions of Respective Share

Respective Share means, with respect to any holder of Common Stock, the percentage interest of such holder of Common Stock in the aggregate number of Current Outstanding Shares.
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Respective Share means, in respect of each of the Beneficiaries in Box ‘B’, the share specified therein. If no share(s) is/are specified or no one is named in Box ‘B’, it means the percentage share that equates to that person’s proportionate entitlement to the partnership capital, interest in a limited liability partnership or the percentage of the issued ordinary shares of the company to which that person is beneficially entitled, as appropriate. In arriving at the said proportionate entitlement the share to which the Settlor is, or would be immediately before his death or other event giving rise to the payment of benefit under the Policy, beneficially entitled, shall be excluded.
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Respective Share means the percentage share applying to a Party as set out in column 3 (capital costs) and column 4 (revenue costs) of Schedule 2 for the time being and if another person or body shall become a Party for the purpose of this Agreement it is the intention that the Respective Shares of each Party at the time shall be reduced pro rata the share agreed to apply to that person or body on its becoming a Party;
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Respective Share means the percentage allocation of the contingent payments payable pursuant to this Section among each member of the Xxxxx Family as follows: Xxxx Xxxxx 31.034 % Xxx Xxxxx 29.170 % Xxx Xxxxx 30.361 % Xxxxx Xxxx 9.435 %
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Respective Share shall have the meaning set forth in the Operating Agreement.
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Respective Share for any Shareholder, the percentage interest such Shareholder and its Affiliates hold in the Company.
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Respective Share means the percentage share applying to a Party as set out in Schedule 2 for the time being and if another person or body shall become a Party
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