Individual Share definition

Individual Share means 5.45% of the Management Share for Aggregate Consideration paid, except that, to the extent that the Aggregate Consideration paid exceeds $320,000,000, then the Individual Share above $320,000,000 shall be 11% of a) the portion of the Management Share that exceeds $320,000,000 times b) the Management Share Percent at the level of Aggregate Consideration paid. Thus, for example, if the Aggregate Consideration paid is $330,000,000, then the Sale Bonus Payment would = (5.45% x 1.5% x $320,000,000) + (11% x 1.5% x $10,000,000) or $278,100.
Sample 1Sample 2Sample 3
Individual Share means 5% of the Management Share.
Sample 1Sample 2Sample 3
Individual Share has the meaning specified in Section 3.5(d).
Sample 1Sample 2

Examples of Individual Share in a sentence

  • The amount of the Sale Bonus shall be equal to your Individual Share multiplied by the Management Share.

  • GGT enters into a Transportation Agreement as agent for each of the Owners in proportion to the relevant Owner’s Individual Share and is not a party to a Transportation Agreement in GGT’s personal capacity.

  • Individual Share and Loan Ledgers should be retained perma- nently.

  • The maximum number of Shares in respect of which an Option shall be granted in response to any Application shall not in any event exceed the Individual Share Limit.

  • Notwithstanding any provision contained in this Plan to the contrary, no Participant may receive a Performance Compensation Award for a Performance Period that relates to Shares which are more than the Individual Share Limit set forth in Section 4(a), less the amount of Shares relating to all other Awards under the Plan received by the Participant for the calendar year in which the Performance Period ends.

  • The amount of your Incentive Payment with respect to a Triggering Event will be equal to your Individual Share multiplied by the Maximum Program Amount.

  • The Pipeline is owned by an unincorporated joint venture comprising:  Southern Cross Pipelines Australia Pty Limited, ACN 084 521 997 whose Individual Share is 62.664%;  Southern Cross Pipelines (NPL) Australia Pty Limited, ACN 085 991 948 whose Individual Share is 25.493%; and  Alinta Energy GGT Pty Limited, ACN 167 710 590 whose Individual Share is 11.843%, (collectively the Owners).

  • Dividends paid on restricted stock awards and dividend equivalents that accrue on restricted stock units will continue to be not payable to the holder of the restricted stock or restricted stock units unless and until they vest or the applicable forfeiture provisions lapse, as is currently provided for under the 2013 Plan.• Individual Share Limits.

  • The Pipeline is owned by an unincorporated joint venture comprising: • Southern Cross Pipelines Australia Pty Limited, ACN 084 521 997 whose Individual Share is 62.664%; • Southern Cross Pipelines (NPL) Australia Pty Limited, ACN 085 991 948 whose Individual Share is 25.493%; and • Alinta Energy GGT Pty Limited, ACN 167 710 590 whose Individual Share is 11.843%, (collectively the Owners).

  • Individual Share and Loan Accounts The individual share and loan accounts of the merging credit unions may be ruled off, balance brought forward, and trans- ferred to the continuing credit union.


More Definitions of Individual Share

Individual Share means a Key Employee’s Original Individual Share, provided that upon any Qualified Departure, each Key Employee’s Individual Share will be adjusted to equal a percentage determined by dividing (x) the Key Employee’s Original Individual Share by (y) the sum of the Original Individual Shares of the Key Employees who have not had Qualified Departures. For example, · if there were only four Key Employees and their respective Original Individual Shares were 10%, 20%, 30% and 40%, and · if the Key Employee whose Original Individual Share was 20% had a Qualified Departure, then · the Individual Shares of the remaining Key Employees would be adjusted to equal 12.5%, 37.5% and 50%, respectively.
Sample 1Sample 2
Individual Share means 30% of the Management Share.
Sample 1
Individual Share means 25% of the Management Share.
Sample 1
Individual Share means a Short Individual Share, a Long Individual Share or a Leveraged Individual Share;
Sample 1
Individual Share means as of the Effective Date a Share of a class specified in Part D of Schedule 2 and thereafter shall include such additional classes of Leveraged Individual Shares as the Trust may subsequently issue;
Sample 1
Individual Share means 15% of the Management Share.
Sample 1

Related to Individual Share

  • Local share means, in the case of a school facilities project to

  • Capital Share means a share of any class or series of stock of the General Partner now or hereafter authorized other than a REIT Share.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Proportional Share means the annual revenue of a health care institution received in the form of medical assistance reim- bursement or public employee insurance from the state, divided by the total annual revenue of the health care institution.

  • Percentage Stock Ownership means the percentage Stock Ownership interest of any Person or group (as the context may require) for purposes of Section 382 of the Code as determined in accordance with the Treasury Regulation § 1.382-2T(g), (h), (j) and (k) or any successor provision.

  • equity share means any share of any class of shares of a company carrying voting rights under all circumstances and any share of any class of shares carrying voting rights by reason of the occurrence of any contingency that has occurred and is continuing; (“action participante”)

  • Contribution Share means, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Borrower and all of the Guarantors other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Borrower and the Guarantors hereunder) of the Borrower and all of the Guarantors other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 4.6 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under applicable law against the Borrower in respect of any payment of Guaranteed Obligations. Notwithstanding the foregoing, all rights of contribution against any Guarantor shall terminate from and after such time, if ever, that such Guarantor shall be relieved of its obligations pursuant to Section 8.4.

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.

  • Proportionate Percentage means, with respect to any Stockholder as of any date, the result (expressed as a percentage) obtained by dividing (i) the number of shares of Common Stock owned by such Stockholder as of such date by (ii) the total number of shares of Common Stock outstanding as of such date.

  • Five-Percent Shareholder means an individual or Entity whose Ownership Interest Percentage is greater than or equal to 5% or who would be treated as a “5-percent shareholder” under Section 382 of the Code and applicable Treasury Regulations;

  • Membership Units has the meaning set forth in the Recitals.

  • Overall Share Limit means the sum of (a) 26,333,222 Shares, and (b) an annual increase on the first day of each calendar year beginning on and including January 1, 2022 and ending on and including January 1, 2031 equal to the lesser of (i) a number of Shares such that the aggregate number of Shares available for grant under the Plan immediately following such increase shall be equal to 5% of the number of Fully-Diluted Shares on the final day of the immediately preceding calendar year and (ii) such smaller number of Shares as is determined by the Board.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Relative Total Shareholder Return or “Relative TSR” means the Company’s TSR compared to the Peer Companies TSR on a relative basis. The Company and the Peer Companies from highest to lowest according to their respective TSRs will determine Relative TSR. After this ranking, the percentile performance of the Company relative to the Peer Companies will be determined using the Percentrank formula in Microsoft Excel.

  • Free Share means, in respect of a Fund, each C share of the Fund, other than a Commission Share (including, without limitation, any C share issued in connection with the reinvestment of dividends or capital gains).

  • REIT Share means a share of common stock, par value $.01 per share, of the General Partner.

  • Total Shares means (without double-counting), as of a particular date of determination, the algebraic sum of: (A) the Initial Shares, plus (B) the Additional Shares, minus (C) all Buyback Shares repurchased or redeemed between the Effective Date and such date of determination.

  • Partnership Unit means, with respect to any class of Partnership Interest, a fractional, undivided share of such class of Partnership Interest issued pursuant to Sections 4.1 and 4.3 (including Performance Units). The ownership of Partnership Units may be evidenced by a certificate for units substantially in the form of Exhibit D-1 or D-2 hereto or as the General Partner may determine with respect to any class of Partnership Units issued from time to time under Sections 4.1 and 4.3.

  • Pro Rata Fraction means a fraction, the numerator of which shall be equal to the number of days between the Grant Date and the Participant’s Date of Termination and the denominator of which shall be 1095.

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Fair Share Contribution Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the “Fair Share Contribution Amount” with respect to any Contributing Guarantor for purposes of this Section 7.2, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Participating Share or “Share” means the Participating Shares of no par value in the