Respective Share definition

Respective Share means the percentage share applying to a Party as set out in column 3 of Schedule 2 for the time being and if another person or body shall become a Party for the purpose of this Agreement it is the intention that the Respective Shares of each Party at the time shall be reduced pro rata the share agreed to apply to that person or body on its becoming a Party;

Respective Share means, in respect of each of the Default Beneficiaries in Box ‘B’, the share specified therein.

Respective Share means, with respect to any holder of Common Stock, the percentage interest of such holder of Common Stock in the aggregate number of Current Outstanding Shares.

Examples of Respective Share in a sentence

• National Company Law Tribunal( “NCLT”), Allahabad Bench vide its order dated December 9, 2019 has allowed the Petition bearing CP No. 274/ALD 2019 pertaining to the Scheme of Arrangement between Jindal Poly Films Limited (Transferor/Demerged Company) and Jindal Photo Imaging Limited (Transferee/Resulting Company) and their Respective Share- holders And Creditors under Sections 230 to 232 of the Act and the Board of Directors at its meeting held on December 18, 2019 has taken note of the said order.

• Payments to the fund pursuant to this section are subject to the following limitations.

• The consideration for the transfer by a Company and for the acceptance of the transfer by Contractor of undivided interests in the Facilities is the agreement of such Company to pay its Respective Share of the Contract Sum (less any payments made by such Company under this Contract) in accordance with, and subject to the terms and conditions of, the applicable PSA.

• Except as may be specifically otherwise provided in this Contract, no Party shall be liable for delays in performance (other than obligations to pay their Respective Share of the Contract Sum) directly occasioned or caused by Force Majeure.

• In the event any Company pays Contractor all or a portion of the Respective Share of another Company, the paying Company shall be subrogated to the rights of Contractor against the non-paying Company.

More Definitions of Respective Share

Respective Share means, in the case of each of BP and GOM, Thirty-Seven and One-Half Percent (37.50%), and in the case of Chevron, Twenty-Five Percent (25.00%).

Respective Share means, in respect of each of the Beneficiaries in Box ‘B’, the share specified therein. If no share(s) is/are specified or no one is named in Box ‘B’, it means the percentage share that equates to that person’s proportionate entitlement to the partnership capital, interest in a limited liability partnership or the percentage of the issued ordinary shares of the company to which that person is beneficially entitled, as appropriate. In arriving at the said proportionate entitlement the share to which the Settlor is, or would be immediately before his death or other event giving rise to the payment of benefit under the Policy, beneficially entitled, shall be excluded.

Respective Share means the percentage share applying to a Party as set out in column 3 (capital costs) and column 4 (revenue costs) of Schedule 2 for the time being and if another person or body shall become a Party for the purpose of this Agreement it is the intention that the Respective Shares of each Party at the time shall be reduced pro rata the share agreed to apply to that person or body on its becoming a Party;

Respective Share means the percentage share applying to a Party as set out in Schedule 2 for the time being and if another person or body shall become a Party

Respective Share shall have the meaning set forth in the Operating Agreement.

Respective Share for any Shareholder, the percentage interest such Shareholder and its Affiliates hold in the Company.

Respective Share means the percentage allocation of the contingent payments payable pursuant to this Section among each member of the Xxxxx Family as follows: Xxxx Xxxxx 31.034 % Xxx Xxxxx 29.170 % Xxx Xxxxx 30.361 % Xxxxx Xxxx 9.435 %