Proportionate Amount definition

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

  • Subject to the proceeding section above, in the event that the Oklahoma Facility is Sold (defined below) prior to the Sale Exclusion Date (defined below), CBC shall repay the State the money awarded to pay for the capital improvement with interest at a rate of 2% per annum and share with the State a Proportionate Amount (defined below) of any Profit (defined below) realized from the sale.


More Definitions of Proportionate Amount

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 means the same proportion of the Profit realized by CBC as the funds actually paid by ODOC to CBC under this Contract bears to CBC’s gross purchase price paid for the Oklahoma Facility plus the amount spent by CBC on the construction and development of the Oklahoma Facility plus real property taxes paid by CBC and other costs or expenses incurred as of the date of the sale of the Oklahoma Facility (“Gross Costs”), and (3) “Profit” means the net amount paid to CBC for the Oklahoma Facility which exceeds CBC’s Gross Costs. Provided however, this provision regarding repayment upon sale of the Oklahoma Facility shall expire (the “Sale Exclusion Date”) upon the date that is the earlier of: (i) the fifth (5th) anniversary of the Effective Date; or (ii) CBC meeting all conditions set forth in both this section and the conditions set forth in section 5 of this contract.
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 means, for each district participant, the amount that is attributable to the district participant in proportion to the total amount attributable to all district
Proportionate Amount has the meaning specified in Section 2.01(b).”
Proportionate Amount of any Stockholder means the quotient obtained by dividing (i) the number of Shares held by such Stockholder by (ii) the aggregate number of Shares then outstanding, assuming in each case the conversion or exchange of all securities by their terms which are then convertible into or exchangeable for Common Stock and the exercise of then-exercisable options to purchase or rights to subscribe for Common Stock or such convertible or exchangeable securities.
Proportionate Amount means that portion of the aggregate 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 Investment Interests issued in such securitization transaction that are owned by the Trust or a Subsidiary of the Trust and the denominator of which is the aggregate par amount of such Subordinated Investment Interests issued in that securitization transaction.
OSZAR »