Share Interest definition

Share Interest means a Party's percentage of share interest in the JVC, in the case of Party A, 20% of shares in the capital of the JVC and, in the case of Party B, 80% of shares in the capital of the JVC, as adjusted from time to time. "Subsidiaries" means any individual, partnership, joint venture, companies or any other business entities controlled directly or indirectly by a Party. "Term" means the Term of the JVC as defined in Article 18 herein. "Total Investment" means the total investment by the Parties as referred to in Article 19 herein. "Work Days" means all the days in a year less Saturdays, Sundays and the Chinese Statutory Holidays. CHAPTER 3

Share Interest means an equity share interest or a non-equity share interest;

Share Interest means a party's percentage of share interest in the JVC as adjusted from time to time. "Subsidiaries" means any individual, partnership, joint venture, companies or any other business entities controlled directly or indirectly by a Party. "Work Days" means all the days in a year less Saturdays, Sundays and the Chinese Statutory Holidays. CHAPTER 3

Examples of Share Interest in a sentence

• Such transfer, assignment or sale of the Share Interest in the JVC will require the consent of the other Party and approval by the relevant authorities.

• The net after tax profits or dividends of the JVC shall be distributed pro rata to the Share Interest of the Parties.

• Each Party warrants that such transfer, assignment or sale of Share Interest in the JVC will not affect the Share Interest of the other Party.

• Where this Contract expires or is terminated pursuant to the Articles, the JVC shall: (1) liquidate the assets, pay all debts, and distribute any balance to the Parties pro rata to Share Interest.

• Such Common Share Interest Payment Election Notice shall provide that all or a portion of the Interest Obligation may be paid by the Corporation in Common Shares, and if only a portion of the Interest Obligation is to be paid in Common Shares, the Common Share Interest Payment Election shall state such portion to be paid in Common Shares and such portion to be paid in cash.

More Definitions of Share Interest

Share Interest means a unit of Membership Interest, established for purposes of determining the relative size of each Member's and Transferee's Membership Interest.

Share Interest means any interest, dividend, bonus or other sum payable to a shareholder of the society by reference to the amount of his holding in the share capital of the society;

Share Interest means in relation to a Shareholder, the number of Shares held by that Shareholder expressed as a percentage of the total number of Shares on issue from time to time. Shareholder means each holder of Shares.

Share Interest the beneficial interest in 5% of the registered capital of the Target Company;

Share Interest has the meaning given in section 16.8;

Share Interest shall have the meaning set forth in the Preamble.

Share Interest means the share percentage in casts, expenses and Net Incomes of the Carbonera Contract, which in case of PEI, shall correspond to the sixty five per cent (65%) of said costs, expenses and Net Incomes, provided that, it has complied with its “obligation to do” pursuant to the terms of the AGREEMENT.