Participation Percentages. The weight of the vote (“Participation Percentage”) of each Party’s Board Member for all matters specified in Sections 2.b.ii, iii and iv will be determined pursuant to the provision of this paragraph. The Participation Percentages of all Listed Entities, assuming every Listed Entity is becoming and remains a Party, is based on the relative estimated population and annual electrical loads within each Listed Entity and is specified in Column C of Schedule 1 (“Original Weight”).
Participation Percentages. Subject to Section 4(a), each Project Agreement Member shall pay that share of costs for activities undertaken pursuant to this Project Agreement, whether undertaken in the name of the Authority or otherwise, equal to such Project Agreement Member Participation Percentage as established in this Section 5. The initial Participation Percentages of the Project Agreement Member are set forth in the attached Exhibit A. These initial Participation Percentages are for the purpose of establishing the Reservoir Project Agreement Members respective responsibilities for costs under this Project Agreement and other amounts contained in the approved Fiscal Year budget and Phase 2 budget target, which is defined as the “Approved Budget” on Exhibit B. The Participation Percentages of each Project Agreement Member will be modified by the Committee from time to time as the result of the admission of a new Project Agreement Member to this Project Agreement or the withdrawal of a Project Agreement Member, and Exhibit A shall be amended to reflect all such changes. Such amended Exhibit A shall, upon approval by the Committee, be attached hereto and upon attachment, shall supersede all prior versions of Exhibit A without the requirement of further amendment of this Project Agreement.
Participation Percentages. The Parties acknowledge and agree that the participation percentages in Exhibit “A” (“Participation Percentages”) shall be utilized to determine the share of Coordinated Plan Expenses allocated to each GSP Group.
Participation Percentages. Each Member shall have a "Participation Percentage" which shall be determined by dividing the sum of such Member's Capital Contributions by the sum of the Capital Contributions of all Members.
Participation Percentages. 5 4.6 Allocations of Gains and Losses............................5 4.7 Distributions..............................................6 4.8 Special In-Kind Distribution Right.........................7 ARTICLE V
Participation Percentages. Xxxxxx Mae’s portion of each Credit Advance or Liquidity Advance is 50% and Xxxxxxx Mac’s portion of each Credit Advance or Liquidity Advance is 50% as set forth in the Participation Certificate.
Participation Percentages. Each Project Agreement Member shall pay that share of costs for activities undertaken pursuant to this Project Agreement, whether undertaken in the name of the Authority or otherwise, equal to such Project Agreement Member participation percentage as established in this Section 4. The initial participation percentages of the Project Agreement Member are set forth at the attached Exhibit A1 . These initial participation percentages are for the purpose of establishing the Reservoir Project Agreement Members respective responsibilities for start-up costs and other amounts contained in the approved Fiscal year budget and Phase 1 budget target, which is defined as the “Reservoir Total” on Exhibit B . The participation percentages of each Project Agreement Member will be modified by the Committee from t ime to t ime as the result of the admission of a new Project Agreement Member to this Project Agreement or the withdrawal of a Project Agreement Member, and Exhibit A1 shall be amended to reflect all such changes. Such amended Exhibit A1 shall, upon approval by the Committee, be attached hereto and upon attachment, shall supersede all prior versions of Exhibit A1 without the requirement of further amendment of this Project Agreement.
Participation Percentages. As described in Section 2.02 above, each Participating Company shall be severally liable for its share of any payment only to the extent of the percentage set forth next to each such Participating Company on Schedule 1. If a payment is due GABC from the Participating Companies, each Participating Company shall pay to GABC, within 30 days of GABC providing written notice to such Participating Company, its share of the payment using the percentages set forth next to each Participating Company on Schedule 1. The percentages on Schedule 1 may be amended from time to time with the written agreement of the parties hereto, but the aggregate of such percentages shall at all times be equal to 100%. For the avoidance of doubt, GABC and each Participating Company agree and acknowledge that no Participating Company shall have any liability under this Agreement arising out of or resulting from the breach or failure of any other Participating Company to perform any obligations under this Agreement, it being the intent of the parties hereto that the liability of each of the Participating Companies under this Agreement shall be several based solely on its
Participation Percentages. The participation percentage for each Activity Participant shall be utilized to determine the share of Activity Agreement Expenses allocated to each Activity Participant.
Participation Percentages. The participation percentages of the Activity Agreement Members, of Xxxxxxx, and of any other participating parties are set forth in Attachment 1 to this MOU, which Attachment 1 is also attached and incorporated by reference into the Activity Agreement, and which may be amended to reflect participation of Xxxxxxx, retroactive to the beginning of the current fiscal year, and may thereafter be amended by the Steering Committee from time to time.
