fraction,法律文件中通常有2层含义:
1. 分数;
2. 零星;如:fractional shares零星股份
例句1
Each Additional Limited Partner, and each Limited Partner that increases its Commitment at a Subsequent Closing, shall be deemed to have made a Contribution with respect to each Portfolio Investment then still held by the Partnership in an amount equal to the product of (a) a fraction (i) the numerator of which is the aggregate of such Limited Partner’s Contributions for all such Portfolio Investments after giving effect to such admission or increase, and (ii) the denominator of which is the aggregate amount of all Limited Partners’ Contributions for all such Portfolio Investments after giving effect to such admission or increase, times (b) the amount of all Limited Partners’ Contributions with respect to such Portfolio Investment.
每个附加有限合伙人和每个在后续交割时增加承诺额的有限合伙人,应视为已经就合伙企业当时仍然持有的每项组合投资支付出资额,金额等于以下数目的乘积:(a)一个分数,其中(i)分子等于在有限合伙人获准加入合伙企业或增加承诺额之后,该有限合伙人为所有此类组合投资支付的总出资额,(ii)分母等于在有限合伙人获准加入合伙企业或增加承诺额之后,所有有限合伙人为所有此类组合投资支付的总出资额,乘以(b)所有有限合伙人对该组合投资支付的出资额。
例句2
如果任何A系列优先股股东因股份转换事件而有权拥有普通股的零星股份(“零星股份持有者”),董事可(在其绝对酌情决定权)按照其认为合理的方式,代表零星股份持有者处理该等零星股份。
If any Series A Preferred Shareholder becomes entitled to fractions of an Ordinary Share as a result of conversion (“Fractional Holders”), the Directors may (in their absolute discretion) deal with these fractions as they think fit on behalf of the Fractional Holders.