Share Percentage Sample Clauses
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Share Percentage. The percentage of the total issued and outstanding share capital of the Company represented by the Subscription Shares issued to each Purchaser pursuant to this Agreement (calculated based on the total issued and outstanding share capital of the Company as of June 3, 2016 and on a fully diluted basis (as defined in Exhibit B) after giving effect to the convertible notes issuable pursuant to the Closing and the Convertible Note Purchase Agreement) is as set forth in Exhibit B.
Share Percentage. “ Share Percentage” means, as to a Shareholder, the percentage shareholding in the outstanding share capital of the Company, as amended from time to time.
Share Percentage. Under this Agreement, the Reinsurer reinsures [*] (the "Quota Share Percentage") of both the fixed account and the separate account liabilities and Guaranteed Benefits of the Ceding Company arising under the Policies, net of [*] in effect as of the Effective Date of this Agreement. SCHEDULE B - MODCO RESERVE INVESTMENT CREDIT
Share Percentage. The percentage of the total issued and outstanding share capital of the Company represented by the Subscription Shares issued to each Purchaser pursuant to this Agreement (calculated based on the total issued and outstanding share capital of the Company as of June 3, 2016 and on a fully diluted basis 14 (as defined in Exhibit B) after giving effect to the convertible notes issuable pursuant to the Closing and the Convertible Note Purchase Agreement) is as set forth in Exhibit B. Section 4.2 Representations and Warranties of Each Purchaser. Each Purchaser, severally and not jointly, hereby represents and warrants to the Company as of the date hereof and as of the Closing, as follows: (a)
Share Percentage. University Share 10% of unit member's annual base salary Unit Member's Share 4% of their annual salary Total 14% of unit member's annual salary
Share Percentage. 1.9(a)(i) Shareholders Equity Amount...........................................1.8(a) Software............................................................2.11(c) Stockholders Agreement...............................................1.5(d) Stone 1998.........................................................Preamble Tax Return..........................................................2.22(e) Tax(es).............................................................2.22(e) Third Party Intellectual Property Rights............................2.11(c) TIS Entities..............................................................2 TIS Entity................................................................2
Share Percentage. On each Calculation Date (the "RELEVANT CALCULATION DATE") or on the date that the Mortgages Trust terminates, the Current Funding 1 Share Percentage will be recalculated and the recalculated amount will take effect from the next Distribution Date. The "CURRENT FUNDING 1 SHARE PERCENTAGE" will be an amount, expressed as a percentage (calculated to an accuracy of five decimal places (rounded upwards), equal to: A - B - C + D + E + F --------------------- x 100 G where, A = the Current Funding 1 Share as calculated on the immediately preceding Calculation Date (or, in the case of the first Calculation Date, the Initial Funding 1 Share as at the Initial Closing Date); B = the amount of any Principal Receipts to be distributed to Funding 1 on the Distribution Date immediately following the relevant Calculation Date in accordance with the provisions described in CLAUSE 11 below; C = the amount of any Losses sustained on the Loans in the period from the last Calculation Date to the relevant Calculation Date and the amount of any reductions occurring in respect of the Loans as described in PARAGRAPHS (I) to (IV) of CLAUSE 8.4(A), in each case allocated to Funding 1 in the Calculation Period ending on the relevant Calculation Date; D = an amount equal to any consideration to be paid by Funding 1 to the Seller in relation to any New Loans to be assigned to the Mortgages Trustee on the Distribution Date immediately following the relevant Calculation Date; E = an amount equal to any consideration to be paid by Funding 1 to the Seller in relation to any acquisition by Funding 1 from the Seller on the Distribution Date immediately following the relevant Calculation Date of an interest in the Trust Property; F = an amount equal to any Capitalised Interest accruing on a Loan due to Borrowers taking payment holidays or which has been allocated to Funding 1 since the immediately preceding Calculation Date, less the amount to be paid by the Seller on the relevant Distribution Date to acquire an interest in the Trust Property in accordance with CLAUSE 6 above; and G = the aggregate Outstanding Principal Balance of all the Loans constituting the Trust Property as at the relevant Calculation Date including after making the distributions, allocations and additions referred to in (B), (C), (D), (E) and (F) above, and after taking account of any distributions of Principal Receipts to Funding 1 and the Seller, the amount of any Losses allocated to Funding 1 and the Seller, the amo...
