Respective Portion definition

Respective Portion means, as to Columbia and Motient, such stockholders percentage ownership of Blocker Corporation, as set forth on Schedule 7.2(b) hereto.
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Respective Portion means a fraction, the numerator of which is the number of Shares owned by a given Stockholder as set forth in Schedule 4.1(b), and the denominator of which is the total number of outstanding Shares as set forth in Schedule 4.2(b).
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Respective Portion means the portion of Consideration to be received by each respective Seller under Clause 3.2 to be included in the Pre-Completion Statement.
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Examples of Respective Portion in a sentence

  • The Company agrees that CREST has the right in its sole and absolute discretion to deal with the Company’s Respective Portion of the Unexpended Grant Funds and the Company shall be deemed to have no further rights over its Respective Portion of the Unexpended Grant Funds.

  • Subject to the terms of Article VII and Section 5.6 below, on the eighteen (18) month anniversary of the Closing, the Buyer shall pay or cause to be paid to each Stockholder its Respective Portion of the Holdback Amount, less the amount required to satisfy any then-unresolved Claim(s) made by the Buyer Indemnified Parties in accordance with the terms of Article VII or Section 5.6 below, via wire transfer of immediately available funds to the respective accounts designated by the Stockholders.

  • The University shall return to CREST their Respective Portion of the Unexpended Grant Fund within three (3) months after the completion of all milestones of the Project.

  • The University shall ensure that the Grant Funds which have been disbursed to and received by the University shall be accounted for and in the event that there is any Unexpended Grant Funds, the University shall return to CREST its Respective Portion of the Unexpended Grant Funds.

  • For clarity, the Company shall not be allowed to use its Respective Portion of the Grant Funds to purchase the Equipment from CREST.

  • Each Stockholder shall be issued his Respective Portion of the Base Amount and ▇▇▇▇▇ shall be issued the Additional Shares.

  • The Purchaser shall deliver to each Stockholder a certificate registered in his name for his Respective Portion of the Centra Shares, rounded to the nearest whole number (fractional shares will not be issued).

  • For the avoidance of doubt, should this Agreement be terminated under Clause 14.1. herein, (a) the University shall be entitled to receive its Respective Portion of the Grant Funds; and (b) any CREST-approved purchases and claims for expenses incurred by the Company shall be paid by CREST, up to the point in time when the force majeure event has prevented it from fulfilling its obligations hereunder.

  • For the avoidance of doubt, should this Agreement be terminated under Clause 14.1 herein, (a) the University shall be entitled to receive its Respective Portion of the Grant Funds; and (b) any CREST approved purchases and claims for expenses incurred by the Company shall be paid by CREST, up to the point in time when the force majeure event has prevented it from fulfilling its obligations hereunder.

  • Interest on the Class C(20__-_) Notes will be calculated on the basis of [the actual number of days elapsed and] a 360-day year [consisting of twelve 30-day months].

Related to Respective Portion

  • Active portion means that portion of a facility where treatment, storage, or disposal operations are being or have been conducted after May 19, 1980, and which is not a closed portion. (See also “closed portion” and “inactive portion.”)

  • Inactive portion means that portion of a facility which is not operated after November 19, 1980. See also "active portion" and "closed portion".

  • Applicable Portion means, with respect to any holder of shares of Preferred Stock who fails to purchase his, her or its Pro Rata Amount in a Qualified Financing, a number of shares of Preferred Stock calculated by multiplying the aggregate number of shares of Preferred Stock held by such holder immediately prior to a Qualified Financing by a fraction, the numerator of which is equal to the amount by which such holder’s Pro Rata Amount exceeds the number of Offered Securities actually purchased by such holder in such Qualified Financing, and the denominator of which is equal to such holder’s Pro Rata Amount.

  • Allocable Portion for purposes of this Plan, means (1) if there is one Distributor, all Earned Distribution and Earned Servicing Fees; or (2) if there are two or more Distributors, the portion of the Earned Distribution Fee and Earned Servicing Fee allocated to a Distributor in accordance with any allocation procedures to which each Distributor shall agree and which accurately allocates the Earned Distribution and Earned Servicing Fees among all Distributors in proportion to the outstanding New Class X Shares attributable to their respective efforts.

  • Ratable Portion or "ratably" means, with respect to any Lender, the percentage obtained by dividing (a) the Revolving Credit Commitment of such Lender by (b) the aggregate Revolving Credit Commitments of all Lenders (or, at any time after the Revolving Credit Termination Date, the percentage obtained by dividing the aggregate outstanding principal balance of the Revolving Credit Outstandings owing to such Lender by the aggregate outstanding principal balance of the Revolving Credit Outstandings owing to all Lenders).