Proportionate Payments Sample Clauses

Proportionate Payments. If, upon any liquidation, dissolution or winding up, the assets of the Corporation shall be insufficient to make payment in full to all holders of the Series Preferred, then such assets shall be distributed first, among the holders of the Series B/B-1 Preferred at the time outstanding, ratably in proportion to the full amounts to which they would otherwise be
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Proportionate Payments. Except as specifically set forth in this Agreement, any payments to Buyer pursuant to this Agreement by the Sellers, including any payments required by ARTICLE XI hereof, shall be made by them pro rata in proportion to the Class A Shares owned, directly or indirectly, at the execution of this Agreement as set forth on Section 5.2 of the Sellers Disclosure Schedule; provided, however, that the aggregate Estimated Closing Purchase Price payable in accordance with Section 2.4(a)(iii) shall be paid to the Sellers in accordance with the written instructions of the Sellers delivered to Buyer at least two Business Days (or such shorter period of time mutually agreed to among the parties) prior to the Closing. Similarly, except as specifically set forth in this Agreement, any payments by Buyer pursuant to this Agreement to the Sellers shall be made to them pro rata in proportion to the Class A Shares owned, directly or indirectly, at the execution of this Agreement by the Sellers as set forth on Section 5.2 of the Sellers Disclosure Schedule.
Proportionate Payments. All payments to be made or expenses to be ---------------------- borne by the Contributing Defendants on a joint or collective basis shall be allocated among the Contributing Defendants in the following proportions: Philip Morris 70.450%; Lorillard 28.180%; and Liggett 1.370%. Each Xxxxxxbxxxxx Defendant that pays or bears more xxxx xts proportionate share of any payment or expense shall be entitled to reimbursement of such excess from each other Contributing Defendant to the extent that such other Contributing Defendant did not pay or bear its proportionate share of such payment or expense.
Proportionate Payments. Benefits for individual working days of disability shall be calculated on a proportionate basis with the relevant daily rate being determined as 1/5 of the corresponding benefit for the full working week.

Related to Proportionate Payments

  • Proportionate Amounts Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Loan or the Commitment assigned.

  • Proportionate Share If the Premises are a part of a multiple tenancy complex, the responsibility of the Lessee for costs are determined by taking a percentage of the total cost of the expenses based upon the rentable floor space in said complex occupied by the Lessee. It is agreed that the Premises is [%] ("Proportionate Share") of the total floor space in the building. The Lessor may, with notice to the Lessee, elect to perform and provide certain maintenance and services pertaining to the entire building or area of which the Premises are a part, including, but not limited to, landscaping, trash removal, lawn maintenance, common area lighting, watering, paving maintenance, and snow removal. In such event, the Lessee shall reimburse the Lessor for its Proportionate Share of such maintenance services. Within ninety (90) days following the end of each year during the Term, the Lessor shall furnish the Lessee with a written statement covering the lease year just expired (measured from the Commencement Date), showing in reasonable detail a general breakdown of the total operating costs, the amount of the Lessee's obligation relating thereto, and the total payments made by the Lessee. The Lessee agrees to conduct its business in a lawful and legal manner, and in a way that provides quiet enjoyment to the rest of the Lessees in the complex, including, but not limited to, mitigation and limitation of noise, vibration, odor, trash, or fumes. In the event the Lessor receives complaints from other Lessees in the building or complex and determines, in its sole reasonable judgment, that the Lessee is conducting its operations in a manner so as to be objectionable to other Lessees, the Lessee shall, upon notice from the Lessor, promptly modify its operations to eliminate such objections.

  • Payments From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

  • Excess Payments If Tenant shall assign this Lease or sublet any part of the Premises for consideration in excess of the pro-rata portion of Rent applicable to the space subject to the assignment or sublet, then Tenant shall pay to Landlord as Additional Rent 50% of any such excess immediately upon receipt.

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