Examples of Indemnity Pro Rata Share in a sentence
In a subsequent meeting with officers, the petitioners also requested an increase in the length of the leash free area to the west of the Margaret Street car park, improving access to the leash free area for residents accessing the foreshore from the Beverley Road crossing on Point Nepean Road, McCrae.
If the Securityholder Representative becomes unable to serve as Securityholder Representative, such other Person or Persons as may be designated by a majority 81 of the Securityholders, based on each Securityholder’s Indemnity Pro Rata Share, and shall succeed as the Securityholder Representative.
Claims made by a Purchaser Indemnified Party for indemnification under Section 10.02 shall be satisfied first from funds held in the Escrow Fund (based on the Selling Shareholder Indemnifying Party’s Indemnity Pro Rata Share of the Escrow Fund), and then by payment of cash or other immediately available funds by such Indemnifying Parties, in each case up to the amount of his, her or its Indemnity Pro Rata Share of any such Losses indemnifiable hereunder, subject to Section 10.03(d) and Section 10.03(e).
Should the Rep Expense Amount not suffice for payment of the Rep Expenses, the Holder Representative shall be entitled to call upon the Selling Shareholders to contribute additional amounts to such account, in proportion to their Indemnity Pro Rata Share.
The Board requested comment on whether these differences, in addition to any other differences identified, had a direct and material adverse effect on the ability of the existing private-sector service to compete effectively with the Federal Reserve.