Proportionate Interest definition

Proportionate Interest has the meaning specified in Section 2.5(d);

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Proportionate Interest in any issuance of Capital Stock of a Restricted Subsidiary means a ratio (i) the numerator of which is the aggregate amount of all Capital Stock of such Restricted Subsidiary beneficially owned by Parent and the Restricted Subsidiaries and (ii) the denominator of which is the aggregate amount of Capital Stock of such Restricted Subsidiary beneficially owned by all Persons (excluding, in the case of this clause (ii), any Investment made in connection with such issuance).

Proportionate Interest shall have the meaning set forth in Section 3.2.2 hereof.

Examples of Proportionate Interest in a sentence

A Contributing Member shall have the right (but not the obligation) to elect by notice to the Board of Directors delivered within ten (10) days after its receipt of the Non-Contribution Notice, to contribute an amount up to its respective Proportionate Interest (as between Contributing Members only and for the avoidance of doubt, excluding Non-Voting Units from the calculation of Proportionate Interest) (an “Excess Contribution”) of the Underfunded Amount.
Such Preemptive Holder may elect to purchase up to the number of Non-Voting Units necessary in order to maintain the portion of its Proportionate Interest attributable to the Non-Voting Units that it holds immediately prior to the effectiveness of the sale or exchange of the Preemptive Securities.
In the event that there are three or more Members, each Director shall have the number of votes equal to the Proportionate Interest of the Member who appointed such Director (and if a Member is entitled to appoint multiple Directors, then the collective vote of the Directors who were appointed by the same Member shall be equal to the Proportionate Interest of the Member who appointed such Directors as of the time of the applicable vote).
Neither LAC nor GM shall be entitled to appoint a Director if the aggregate of the Proportionate Interest held by such Member together with any of its Permitted Transferees is less than 10%.
No such Member shall be entitled to appoint a Director if the aggregate of the Proportionate Interest held by such Member together with any of its Permitted Transferees is less than 20%.

More Definitions of Proportionate Interest

Proportionate Interest means, in respect of a Shareholder, and as of any date, the ratio of the Shares held by such Shareholder to the aggregate of the Shares held collectively by all of the Shareholders on such date expressed as a decimal;

Proportionate Interest means, at any time:

Proportionate Interest means, at any time, for a Shareholder, the amount (expressed as a percentage) determined by the formula A ÷ B, where: A is the total Shares of the Company held by the Shareholder B is the total Shares of the Company held by all Shareholders at that time. The Parties acknowledge that a Shareholder’s Proportionate Interest may be recalculated from time to time in accordance with Section 8.3;

Proportionate Interest in a private entity means—

Proportionate Interest shall have the meani▇▇ ▇▇▇ ▇orth in Section 3.2.2 hereof.

Proportionate Interest means, with respect to a CSE Holder, the proportion of the Merger Consideration to which such CSE Holder is entitled in relation to the aggregate Merger Consideration to which all the CSE Holders are entitled.

Proportionate Interest means, at any time, for a Member, the amount (expressed as a percentage and rounded to four decimals) determined by the formula (A/B), where: