Proportionate Undivided Share definition

Proportionate Undivided Share in relation to a Flat shall mean the proportionate variable undivided indivisible and impartible share in the Land comprised in the Premises that is attributable to such Flat at any point of time.
Proportionate Undivided Share in relation to an Apartment shall mean the proportionate variable undivided indivisible and impartible share in the Project including the Project Land and the Common Areas that is attributable to such Apartment at any point of time.
Proportionate Undivided Share in relation to an apartment shall mean the proportionate variable undivided indivisible and impartible share in the Phase 2 Land that is attributable to such apartment at any point of time.

Examples of Proportionate Undivided Share in a sentence

  • The properties benefits and rights hereby conveyed unto and in favour of the Purchaser is and shall be one lot and shall not be partitioned or dismembered in part or parts and the Purchaser shall also not claim any division or partition in the Said Premises towards its Said Proportionate Undivided Share appurtenant to the Said apartment.


More Definitions of Proportionate Undivided Share

Proportionate Undivided Share in relation to an Apartment shall mean the proportionate variable undivided indivisible and impartible share in the Said Phase Land and the Common Areas that is attributable to such Apartment at any point of time.
Proportionate Undivided Share in relation to an apartment shall mean the proportionate variable undivided indivisible and impartible share in the Project Land and the Project Common Areas, Amenities and Facilities that is attributable to such apartment at any point of time. The Proportionate Undivided Share shall also include the proportionate, variable undivided and impartible share in the land forming a part of project Signum Parkwoods Estate in its entirety, in the proportion the area of the apartment bears to the total area of all the apartments in the entire project Signum Parkwoods Estates at any point of time.
Proportionate Undivided Share in relation to an Apartment shall mean the proportionate variable undivided indivisible and impartible share in
Proportionate Undivided Share in relation to a Flat shall mean the proportionate variable undivided indivisible and impartible share

Related to Proportionate Undivided Share

  • Proportionate Share means, with respect to any Lender, the percentage obtained by dividing (a) the Commitment (or, if the Commitments are terminated, the outstanding principal amount of the Loans) of such Lender then in effect by (b) the sum of the Commitments (or, if the Commitments are terminated, the outstanding principal amount of the Loans) of all Lenders then in effect.

  • Pro Rata Share As to any Distribution Date, the Subordinated Principal Distribution Amount and any Class of Subordinated Certificates, the portion of the Subordinated Principal Distribution Amount allocable to such Class, equal to the product of the Subordinated Principal Distribution Amount on such Distribution Date and a fraction, the numerator of which is the related Class Certificate Balance thereof and the denominator of which is the aggregate of the Class Certificate Balances of the Subordinated Certificates.

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

  • Share means a share of the Common Stock, as adjusted in accordance with Section 13 of the Plan.