Common use of Pro Rata Share Clause in Contracts

Pro Rata Share. The Investor’s “Pro Rata Share,” for purposes of this Section 4, shall be the product obtainable by multiplying (i) the total number of New Securities, by (ii) the Investor Ownership Percentage, subject to rounding to avoid fractional shares.

Pro Rata Share. The For purposes of this Section 3, each Investor’s “Pro Rata Share,” for purposes of this Section 4, shall be equal to the product obtainable fraction obtained by multiplying dividing (ia) the sum of the total number of New Securities, Common Shares issued or issuable upon the exercise of any stock options or warrants then held by such Investor or upon the conversion of any convertible securities then held by such Investor by (iib) the Investor Ownership Percentage, subject to rounding to avoid fractional sharessum of the total number of Common Shares issued or issuable upon exercise upon any options or warrants then outstanding or the upon the conversion of any convertible securities then outstanding.

Pro Rata Share. The Investor’s Investors’ “Pro Rata Share,” for purposes of this Section 4, shall be the product obtainable by multiplying (i) the total number of New Securities, by (ii) the Investor Ownership Percentage, subject to rounding to avoid fractional shares.

Pro Rata Share. The Investor’s “Pro Rata Share,” for purposes of this Section 4Article III, shall be the product obtainable by multiplying (i) the total number of New Securities, by (ii) the Investor Ownership PercentageInvestor’s shareholding of Convertible Preferred Shares at the time of its exercise of its pre-emptive rights in accordance with this Article III on an as-converted basis, expressed as a percentage of the total number of issued and outstanding Ordinary Shares (including all Conversion Shares) on an as-converted basis, subject to rounding to avoid fractional shares.