Proportionate Interest definition

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

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

• Each Evergreen Equity Investor with Subaccount funds used for a given Project Loan shall have an interest in the related Collateral in an amount equal to such Evergreen Equity Investor’s Proportionate Interest and share in the proceeds from the sale of such Collateral to make such interest only payments on a pari passu basis with all other Evergreen Equity Investors, based on such Evergreen Equity Investor’s Proportionate Interest.

• On each Project Loan that is funded by a Debt Investor Loan or Debt Investor Loans, each Debt Investor shall receive from the LLDF payments of principal and interest as outlined in such Debt Investor’s respective Credit Facility in an amount equal to such Debt Investor’s Proportionate Interest of such payment received on such Project Loan.

• If there is an event of default under a Project Loan, the Evergreen Equity Investors with Subaccount funds used for such Project Loan shall share in the funds that are available to the LLDF or become available upon the sale of Collateral related to such Project Loan to make such interest only payments on a pari passu basis amongst all of the Evergreen Equity Investors based on such Evergreen Equity Investor’s Proportionate Interest.

• Each Equity Investor with Subaccount funds used for a given Project Loan shall have an interest in the related Collateral in an amount equal to such Equity Investor’s Proportionate Interest and share in the proceeds from the sale of such Collateral on a pari passu basis with all other Equity Investors, based on such Equity Investor’s Proportionate Interest.

• On each Project Loan that is funded by an Equity Investor’s Subaccount or Equity Investors’ Subaccounts, each Equity Investor shall receive from the LLDF payments of principal (if applicable) and interest (if applicable) as outlined in such Equity Investor’s Contribution Agreement in an amount equal to such Equity Investor’s Proportionate Interest of such payment received on such Project Loan.

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 in a private entity means—

Proportionate Interest means, at any time:

Proportionate Interest means, in respect of a Member, at any time, the proportionate share of all Membership Interests that such Member’s Membership Interest represents, calculated as follows:

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 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 means at any time with respect to any Shareholder, the proportion that the number of Shares held by such Shareholder bears to the total number of Shares held by all Shareholders.