Ownership Shares. Schedule I sets forth the number of Shares Grupo VM owns and its related Percentage Interest, as of the Effective Date.
Ownership Shares. Schedule I sets forth the number of Shares the AK Group owns and its related Percentage Interest, as of the Effective Date.
Ownership Shares. The Companies hereby provide for the acquisition of a site and the construction and operation of a fossil fuel fired plant and associated 345 KV Substation, consisting of a 1975 Unit and a 1978 Unit, each of approximately 527,000 KW name-plate capacity to be located near Portage, Wisconsin, all to be owned by the Companies as tenants in common with undivided ownership interest as follows (in this Agreement referred to as their respective "Ownership Shares"):
Ownership Shares. The undivided share in the Common Elements and the Common Surplus which are appurtenant to each Unit, as well as the undivided share of the Common Expenses to be paid with respect to each Unit, shall be computed on the following basis:
Ownership Shares. 5.1 Each Party is the owner of the intellectual and industrial property rights related to its Background IP. Each Party may have access to the Background IP of another Party only if expressly authorised in writing by such Party and for the time and to the extent necessary to carry out the Activities. The Parties mutually acknowledge that nothing in this Agreement shall be construed directly or indirectly as an implicit transfer of any right to the Background IP of each Party. Each Party shall also keep ownership rights of its own Sideground IP. The Sideground IP belonging to each Party cannot be accessed or used by the other Party without the express written permission of its owner. The Parties mutually acknowledge that nothing in the present Agreement shall be construed directly or indirectly as an implicit transfer of any right of the Sideground IP of the Parties.
Ownership Shares. Power Company and Service Company agree to enter into a separate agreement providing for the payment for and ownership by them, as tenants in common, of the proposed new 330,000 Kilowatt Unit #4 at a location adjacent to Power Company's present Edgewater Plant at Sheboygan, Wisconsin, with undivided ownership interests in the proportions of 68.2% by Power Company and 31.8% by Service Company, and their participation in the cost of operation and maintenance and in the energy output of said Unit #4 in the same proportions.
Ownership Shares. The Companies hereby provide for the construction and operation of a nuclear energy plant (herein called the "Nuclear Plant") of approximately 527,000 KW name-plate capacity, to be located in northeastern Wisconsin, and to be owned by the Companies as tenants in common with undivided ownership interests as follows (in this Article III referred to as their respective "Ownership Shares"): % Wisconsin Power and Light Company 41.0 Wisconsin Public Service Corporation 41.2 Madison Gas and Electric Company 17.8
Ownership Shares. A. The Parties wish to allocate ownership and control of the Property into exactly 8 shares (12.5% each) which they shall accomplish by alllocating Membership Interests in the PHC in these same 8 shares
Ownership Shares. The Companies hereby provide for the acquisition of a site and the construction and operation of a fossil fuel fired plant and associated 345 KV Substation, consisting of a 1975 Unit and a 1978 Unit, each of approximately 527,000 KW name-plate capacity to be located near Portage, Wisconsin, all to be owned by the Companies as tenants in common with undivided ownership interest expressed as a percentage as follows (in this Agreement referred to as their respective “Ownership Shares”): The Ownership Shares of the Columbia Plant (the 1975 and 1978 Units) and the 345 KV Substation (as hereinafter defined) are: Wisconsin Power and Light Company 46.2% Wisconsin Public Service Corporation 31.8% Madison Gas and Electric Company 22.0%
Ownership Shares. The ownership of the Block, the obligation to bear expenses (except as otherwise provided below in this Section), and the allocation of revenues from the sale of production from the Block shall be in the following shares: Petrosen 30% Xxxxxx 45% Fortesa 15% Third party 10% The interest of Petrosen will be free of the obligation to bear any expense (I.E. will be "carried") until the Xxxxxx Group has expended an aggregate of $10,800,000 in the exploration and development of the Thies Block. After the Xxxxxx Group has expended the sum of $10,800,000, Petrosen shall join in bearing its share of all costs and expenses of conducting further operations on the Block. All owners of the Block shall bear their respective shares of the applicable royalty and other fiscal obligations imposed by the Convention and shall pay their respective shares of all income taxes attributable to the production and sale of hydrocarbons. Except for the carried interest of Petrosen, all owners of the Block shall bear their respective shares of all costs and expenses of conducting operations on the Block. In the event that any owner of the Block fails to bear its share of the expenses of the Onshore Work Program, its ownership interest shall be allocated to the Xxxxxx Group, unless otherwise agreed among the Parties. Except for the fiscal obligations imposed by the Convention, including the royalty payable to Senegal, there are no other burdens measured by or payable out of production.
