Examples of Pro Rata Interest in a sentence
In particular, DPM may exercise its Participation Right to maintain up to its Pro Rata Interest (as defined below) of the equity securities to be issued in an Equity Financing or Acquisition Financing (calculated after giving effect to the proposed issue of equity securities).
Extend Pro Rata Interest Expense Disallowance forCorporate-Owned Life Insurance...................................
If the Purchase Price as so recalculated in the Final Adjustment is less than the Estimated Purchase Price, then such difference shall be paid to Buyer out of the Adjustment Escrow Account with any remaining amount in the Adjustment Escrow Account being paid to the Sellers’ Representative for further distribution to the Sellers in accordance with their respective Pro Rata Interest.
An amount of PRISA Shares and cash equal to the Mixed Election Consideration per Share that would be payable in respect of 21,000,000 Liberty Virginia Common Shares for which a Mixed Consideration Election had been made; (B) cash in the amount of (i) $150,000,000, and (ii) the Total Pro Rata Interest Accrued in favour of the holders of the Liberty Virginia Series B Preferred Shares.
In calculating any amounts payable to any Seller or the Sellers’ Representative under this Agreement, the Buyer and its Affiliates shall be entitled to rely conclusively on information set forth on Schedule 1(b) as conclusive evidence of each Seller’s Pro Rata Interest, and neither the Buyer nor its Affiliates shall have any liability relating to any payment or allocation made to any Seller or the Sellers’ Representative in accordance with the Pro Rata Interests as set forth on Schedule 1(b).