Proportionate Amount means, as of any date, an amount equal to the product of (i) the Accreted Value for the immediately following Semi-Annual Accretion Date less the Accreted Value for the immediately preceding Semi-Annual Accretion Date (or, with respect to the period before the first Semi-Annual Accretion Date, less $734.401) multiplied by (ii) a fraction, the numerator of which is the actual number of days elapsed from the immediately preceding Semi-Annual Accretion Date (or, with respect to the period before the first Semi-Annual Accretion Date, the Closing Date) to the date for which the Proportionate Amount is being determined and the denominator of which is the actual number of days from the date of the immediately preceding Semi-Annual Accretion Date to and including the immediately following Semi- Annual Accretion Date or the actual number of days from the Closing Date to the first Semi-Annual Accretion Date, as the case may be.
Proportionate Amount means a principal amount determined by multiplying (i) the amount to be raised by the Company by (ii) Univision's then existing Option Percentage. To the extent that Univision exercises its right to make an Additional Loan, the amount to be raised from the sale of Class B Membership Units shall be decreased by the amount of such Additional Loan. Such rights of first refusal and right to make Additional Loans shall terminate upon a public offering of the Company.
Proportionate Amount means, with respect to a Qualified Stockholder, its pro rata portion of the Offered Securities determined by multiplying the number of Offered Securities by a fraction, the numerator of which is the aggregate number of shares of Common Stock issuable upon conversion of all shares of Preferred Stock then held and any Common Stock then owned by such Qualified Stockholder and the number of shares of Common Stock issuable on exercise or conversion of any securities convertible into or exercisable for shares of Common Stock, including, without limitation, warrants, and the denominator of which is the total number of shares of Common Stock then outstanding (treating as outstanding for this purpose all shares of Common Stock then issuable upon exercise or conversion of all outstanding securities convertible into or exercisable for shares of Common Stock, including, without limitation, warrants).
Examples of Proportionate Amount in a sentence
Proportionate amount of AMC shall be paid by the Bank for the same.
More Definitions of Proportionate Amount
Proportionate Amount means, at the time of grant, the amount based upon the ratio of the percentage ownership of Private Common Stock owned directly or indirectly by Xxxxx Xxxxxx in proportion to the percentage ownership of Private Common Stock owned by Employee. Stock options granted to Employee under this Section 2.6 shall provide for the full and immediate vesting thereof if (i) the Company or Private shall terminate Employee’s employment, unless terminated for Cause or by reason of Employee’s Death or Disability, or (ii) or Employee shall terminate his employment under this Agreement for Good Reason.
Proportionate Amount means (i) prior to the expiration or -------------------- termination of the Lender Option Period (as defined in Section 9.04 below), all of the Additional Securities, and (ii) from and after the expiration or termination of the Lender Option Period, the Lender's pro rata portion of the Additional Securities determined by dividing the aggregate number of shares of Common Stock issued or issuable to the Lender upon conversion of the Note and for the granting of the Territorial Rights Arrangement (after giving effect to stock splits, stock dividends, recapitalizations and the like) by the total number of shares of Common Stock outstanding (including shares of Common Stock then issuable upon conversion of the Note) as of the date of the Issuance Notice.
Proportionate Amount has the meaning specified in Section 2.01(b).”
Proportionate Amount means, as of any date, an amount equal to the product of (i) the Liquidation Preference for the period immediately following the period in which such date occurs (prior to adjustment for the Proportionate Amount) less the Liquidation Preference for the period in which such date occurs (prior to adjustment for the Proportionate Amount) multiplied by (ii) a fraction, the numerator of which is the actual number of days elapsed from the beginning of the period in which such date occurs to such date and the denominator of which is the actual number of days in the period in which such date occurs.
Proportionate Amount means, with respect to any principal payment made on any Underlying Loan, (i) so long as no Facility Loan Event of Default or Program Event of Default has occurred and is continuing, the pro rata portion of such payment that would cause (x) the ratio of the outstanding principal amount of the applicable Facility Loan to the outstanding principal amount of the applicable Underlying Loan immediately following the application of such payment to equal (y) the ratio of the outstanding principal amount of the applicable Facility Loan to the outstanding principal amount of the applicable Underlying Loan immediately prior to such payment; and (ii) upon the occurrence and during the continuance of any Facility Loan Event of Default or Program Event of Default, the full amount of such payment.
Proportionate Amount shall have the meaning assigned thereto in the Program Security Agreement.
Proportionate Amount shall be determined by multiplying (i) the total amount of such bonus that the Executive would have received if he had worked throughout the year to which such bonus applied times (ii) an amount equal to the total number of calendar days in the year up to and including the date of termination divided by 365. In addition, if the Company terminates Executive's employment pursuant to this Section 2(b)(1), the Executive, and his eligible dependents, will be eligible for continuation coverage pursuant to 29 U.S.C. ss161 et seq. ("COBRA"), and, should he elect such coverage, the Company agrees to bear the entire expense of such coverage without contribution by Executive for the period ending eighteen (18) months following such termination (or such longer period as may subsequently be provided by amendment to COBRA, if any). .