Pro Rata Interest definition
Pro Rata Interest means the number of Registrable Securities beneficially held by any given Purchaser, relative to the total number of Registrable Securities that are the subject of this Agreement.
Pro Rata Interest means the number of Shares purchased by each Purchaser, relative to the total number of Shares being sold hereunder, as reflected on Schedule I attached hereto.
Pro Rata Interest of any Person in any other Person means a fraction, the numerator of which is the amount of the equity or other ownership interest in such other Person that are beneficially owned by such Person and its Restricted Subsidiaries, and the denominator of which is the aggregate amount of all equity or other ownership interests in such other Person that are outstanding (for this purpose, equity or other ownership interests subject to presently exercisable options, warrants or other rights to acquire such interests shall be deemed to be outstanding and shall be included in both the numerator and denominator). The Pro Rata Interest of any Person in any item of income or expense or in the fair market value of the assets or liabilities of any other Person means the amount obtained by multiplying (i) the amount of such income or expense or the fair market value of the relevant asset or liability, as the case may be, of such other Person by (ii) the Pro Rata Interest of such Person in such other Person.
Examples of Pro Rata Interest in a sentence
Upon receipt of a Top-Up Notice, ENI shall have the right (the “Top-Up Right”), within 90 days of receipt of the Top-Up Notice, to subscribe for and purchase, by way of a private placement, up to such number of Common Shares as would result in the Pro Rata Interest immediately following completion of the Top-Up Event being equal to the Pro Rata Interest immediately prior to the Top-Up Event (the “Top-Up Shares”).
More Definitions of Pro Rata Interest
Pro Rata Interest means the number of Units purchased by each Purchaser, relative to the total number of Units being sold hereunder, as reflected on Schedule I attached hereto.
Pro Rata Interest means the number of Registrable Securities beneficially held by any given Holder, relative to the total number of Registrable Securities that are the subject of this Agreement.
Pro Rata Interest means the number of Pre-Funded Warrants purchased by each Purchaser, relative to the total number of Pre-Funded Warrants being sold hereunder, as reflected on Schedule I attached hereto.
Pro Rata Interest means for each Member the percentage equal to the total consideration received by such Member under this Agreement divided by the total consideration received by all of the Members under this Agreement, as set forth on the Consideration Spreadsheet and as updated in accordance with Section 2.15(j).
Pro Rata Interest of a Purchaser means the number of Underlying Shares, relative to the total number of Underlying Shares of Preferred Shares, being sold hereunder, as reflected on Schedule I attached hereto.
Pro Rata Interest means on any date, the aggregate security ownership interest of IQ, and its Affiliates in NMG, expressed as a percentage, equal to (i) the aggregate number of Common Shares and other voting or equity shares of NMG owned, directly or indirectly, or over which control or direction is exercised, by IQ and its Affiliates; divided by (ii) the issued and outstanding Common Shares and other voting or equity shares of NMG. [REDACTED: COMMERCIALLY SENSITIVE INFORMATION];
Pro Rata Interest means the number of Shares and Warrant Shares underlying the Warrants purchased by each Purchaser, relative to the total number of Shares and Warrant Shares underlying the Warrants being sold hereunder.