25% Share definition
Examples of 25% Share in a sentence
If the amount of the 25% Share Value for any Terminated Employee Shares is not determined in accordance with Section 6.4(a), for any reason, within one hundred twenty (120) days following the termination of the Terminated Stockholder, the Terminated Stockholder may petition a court to determine the fair value of the Terminated Employee Shares and 25% of the fair value so determined shall be the 25% Share Value of such Terminated Employee Shares hereunder.
If ADCT effects a Withdrawal and Genmab elects to be a Continuing Party, ADCT shall have a 25% Share, and Genmab shall have a 75% Share.
The Parties may alternatively commence negotiations in good faith concerning the terms of an exclusive license agreement in the Field from the Party with a 25% Share to the other Party, comparable to the licenses granted pursuant to Section 2.1.1 and Section 2.1.4, or, if each Party has a 50% Share, the exclusive license in the Field from one Party to the other Party.
The 25% Share Value shall be 25% of the Fair Market Value of the Company's Equity Securities determined as of the end of the calendar month immediately preceding the month in which the Terminated Stockholder was terminated, divided by the number of Equity Securities then outstanding.
In such event, the other Party shall be called the “Continuing Party.” As a result, the Withdrawing Party shall be left with a 25% Share.
In the event that Genmab makes a 25% Election, or if Genmab effects a Withdrawal and ADCT elects to be a Continuing Party, Genmab shall have a 25% Share, and ADCT shall have a 75% Share.
Harvest of each Member's Harvest 25 Share shall be subject to all NMFS and other management regulations generally applicable to the 27 discreet, individual basis; i.e., no greater percentage of each Member's Harvest Share may be harvested 28 in any season or area than the percentage of the related Sector ACE allocation permitted to be 29 harvested in such season or area.
The process for determining the amount of the Fair 25 Share Service Fee deduction, accountancy requirements for funds collected, limitations on the 26 use of such funds, and any requirements for refund, shall all be in accordance with the 27 requirements of state and federal law.
To be eligible for membership, you must be an individual or entity qualifying within the Credit Union’s field of membership, have a valid Social Security Number (SSN) or Tax Identification Number (TIN), and must purchase and maintain minimum shares ($25, Share Deposit Account) as required by the Credit Union’s Bylaws.
The parties recognize that, in completing the 25% Share Purchase and Call Option, documents and information relating to their respective affairs must be made available to the other party and that certain matters must be agreed to in a fashion binding upon the parties to facilitate such availability and the resulting due diligence.