Proportionate Amount means, with respect to a Qualified Stockholder, its pro rata portion of the Offered Securities determined by multiplying the number of Offered Securities by a fraction, the numerator of which is the aggregate number of shares of Common Stock issuable upon conversion of all shares of Preferred Stock then held and any Common Stock then owned by such Qualified Stockholder and the number of shares of Common Stock issuable on exercise or conversion of any securities convertible into or exercisable for shares of Common Stock, including, without limitation, warrants, and the denominator of which is the total number of shares of Common Stock then outstanding (treating as outstanding for this purpose all shares of Common Stock then issuable upon exercise or conversion of all outstanding securities convertible into or exercisable for shares of Common Stock, including, without limitation, warrants).
Proportionate Amount means a principal amount determined by multiplying (i) the amount to be raised by the Company by (ii) Univision's then existing Option Percentage. To the extent that Univision exercises its right to make an Additional Loan, the amount to be raised from the sale of Class B Membership Units shall be decreased by the amount of such Additional Loan. Such rights of first refusal and right to make Additional Loans shall terminate upon a public offering of the Company.
Proportionate Amount means, as of any date, an amount equal to the product of (i) the Accreted Value for the immediately following Semi-Annual Accretion Date less the Accreted Value for the immediately preceding Semi-Annual Accretion Date (or, with respect to the period before the first Semi-Annual Accretion Date, less $734.401) multiplied by (ii) a fraction, the numerator of which is the actual number of days elapsed from the immediately preceding Semi-Annual Accretion Date (or, with respect to the period before the first Semi-Annual Accretion Date, the Closing Date) to the date for which the Proportionate Amount is being determined and the denominator of which is the actual number of days from the date of the immediately preceding Semi-Annual Accretion Date to and including the immediately following Semi- Annual Accretion Date or the actual number of days from the Closing Date to the first Semi-Annual Accretion Date, as the case may be.
Examples of Proportionate Amount in a sentence
For the avoidance of doubt, each Exercising Holder may specify in its Reply Notice an Exercise Amount higher or lower than its Proportionate Amount (as defined below in 2.2(d)).
The Holder Transfer Securities shall be allocated among each Exercising Holder (with rounding to avoid fractional shares) in proportion to its respective Proportionate Amount and on the same material terms and conditions as specified in the Holder Transfer Notice provided that in no event shall an amount greater than such Exercising Holder’s Exercise Amount be allocated to such Exercising Holder.
More Definitions of Proportionate Amount
Proportionate Amount means, at the time of grant, the amount based upon the ratio of the percentage ownership of Private Common Stock owned directly or indirectly by Xxxxx Xxxxxx in proportion to the percentage ownership of Private Common Stock owned by Employee. Stock options granted to Employee under this Section 2.6 shall provide for the full and immediate vesting thereof if (i) the Company or Private shall terminate Employee’s employment, unless terminated for Cause or by reason of Employee’s Death or Disability, or (ii) or Employee shall terminate his employment under this Agreement for Good Reason.
Proportionate Amount has the meaning specified in Section 2.01(b).
Proportionate Amount means (i) prior to the expiration or -------------------- termination of the Lender Option Period (as defined in Section 9.04 below), all of the Additional Securities, and (ii) from and after the expiration or termination of the Lender Option Period, the Lender's pro rata portion of the Additional Securities determined by dividing the aggregate number of shares of Common Stock issued or issuable to the Lender upon conversion of the Note and for the granting of the Territorial Rights Arrangement (after giving effect to stock splits, stock dividends, recapitalizations and the like) by the total number of shares of Common Stock outstanding (including shares of Common Stock then issuable upon conversion of the Note) as of the date of the Issuance Notice.
Proportionate Amount shall have the meaning set forth in Section 2A.4 An Investor’s “Pro Rata Co-Sale Share” of a specified quantity of Restricted Seller Transfer Shares proposed to be transferred shall mean the specified quantity of Restricted Seller Transfer Shares multiplied by a fraction equal to (i) the total number of Common Share Equivalents then held by such Investor, divided by (ii) the total number of Common Share Equivalents held by the Restricted Seller, plus the total number of Common Shares Equivalents then held by all Investors exercising co-sale rights pursuant to Section 3 An Investor’s “Pro Rata ROFR Share” of a specified quantity of Shares proposed to be transferred shall mean the specified quantity of Transfer Shares multiplied by a fraction equal to (i) the number of Common Share Equivalents of the Company then held by such Investor, divided by (ii) the total number of Common Share Equivalents then held by all Investors “Qualified IPO” shall mean a firm commitment public offering of Common Shares in the United States that has been registered under the Securities Act resulting in a minimum market capitalization of US$350 million, and with gross proceeds to the Company of at least US$50 million, or a similar public offering of Common Shares in a jurisdiction and on a recognized securities exchange outside of the United States, including without limitation the Hong Kong Stock Exchange, provided such public offering is equivalent to the aforementioned in terms of price, offering proceeds and regulatory approval “Remaining Preferred Transfer Shares” shall have the meaning set forth in Section 2A.6 “Reply Notice” shall have the meaning set forth in Section 2A.2 3
Proportionate Amount for any Stockholder means the amount of securities, that when added to the number of securities then beneficially owned by that Stockholder, equals 30 percent of the Shares.
Proportionate Amount is defined in Section 7(b).
Proportionate Amount of any Unsecured Senior Investment Interest is that portion of the principal amount of the Unsecured Senior Investment Interests issued in a securitization transaction obtained by multiplying such aggregate par amount of Unsecured Senior Investment Interests by a fraction the numerator of which is the par amount of Subordinated Investments issued in such securitization transaction that are owned by the Company or a Subsidiary of the Company and the denominator of which is the par amount of such Subordinated Investments issued in that securitization transaction.