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    explain the term ratable proportion

    0  Views: 731 Answers: 1 Posted: 13 years ago

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    This is the best I could find.


    Valuing each class of the Shares as a rateable proportion of the total value of the class in question which value shall not be discounted or enhanced by reference to the number or amount thereof or due to any restrictions on the transferability of the Shares.



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