Annual Percentage definition

Annual Percentage for each Determination Year means a fraction (expressed as a percentage), the numerator of which is the EIP award earned by the Executive for such Determination Year, and the denominator of which is the annual value of the normal payment under the EIP for the Executive's salary level (such annual value and normal payment being those that were in effect under the EIP for such Determination Year for the Executive's salary level for such Determination Year). For purposes of this paragraph (d), a "Determination Year" means each of the last three EIP plan years ending before the date on which the Change in Control occurs (or, if less, the number of those three plan years during which the Executive was a participant in the EIP);
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Annual Percentage for each Determination Year means a fraction (expressed as a percentage), the numerator of which is the EIP award earned by the Executive for such Determination Year, and the denominator of which is the annual value of the normal payment under the EIP for the Executive's salary level (such annual value and normal payment being those that were in effect under the EIP for such Determination Year for the Executive's salary level for such Determination Year). For purposes of this paragraph (B), a "Determination Year" means each of the last three EIP plan years ending before the date on which the Qualifying Termination occurs (or, if less, the number of those three plan years during which the Executive was a participant in the EIP).
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Annual Percentage for each Determination Year means--
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Examples of Annual Percentage in a sentence

  • Each Receivable allows for prepayment and partial prepayments without penalty and requires that a prepayment by the related Obligor will fully pay the principal balance and accrued interest through the date of prepayment based on the Receivable’s Annual Percentage Rate.

  • Each Receivable provides that a prepayment by the related Obligor will fully pay the principal balance and accrued interest through the date of prepayment based on such Receivable’s Annual Percentage Rate.

  • The Servicer shall not amend or otherwise modify any Receivable such that the Amount Financed, the Annual Percentage Rate, or the number of originally scheduled due dates is altered or such that the last scheduled due date occurs after the Final Scheduled Distribution Date.

  • Such Receivable provides that a prepayment by the related Obligor will fully pay the principal balance and accrued interest through the date of prepayment based on such Receivable’s Annual Percentage Rate.

  • The Receivable provides for level monthly payments in U.S. dollars that fully amortize the Amount Financed by its stated maturity and yield interest at the Annual Percentage Rate and applies a simple interest method of allocating a fixed payment to principal and interest.


More Definitions of Annual Percentage

Annual Percentage means the percentage so designated on the signature page hereof.
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Annual Percentage. Rate or APR shall mean, as to any Contract and at any time, the contractual rate of interest then being borne by such Contract, as determined therein.
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Annual Percentage means, for each Executive, for each Year, the percentage set forth in column two of the table in Section 2.02(a).
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Annual Percentage means the percentage so designated in the Award Certificate of the Grantee.
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Annual Percentage means the annual percentage in effect from time to time as set forth in the following table: Fiscal Year of City Annual Percentage First Payment Year 90% Second Payment Year 80% Third Payment Year 65% Fourth Payment Year 50% Fifth Payment Year 40% Sixth through Tenth Payment Years 30% The City agrees to certify to the Company by no later than October 15 of each year, commencing October 15 of the year in which the Triggering Certification is filed, an amount (the “TIF Estimate”) equal to the Annual Percentage of the estimated Incremental Property Tax Revenues (as hereinafter defined) anticipated to be paid in the fiscal year immediately following such certification with respect to the taxable valuation of the Property. In submitting each such TIF Estimate, the City will complete and submit the worksheet attached hereto as Exhibit D. The City agrees that the Company will have right to review each such TIF Estimate and request revisions thereto. For purposes of this Agreement, Incremental Property Tax Revenues are calculated by:
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Annual Percentage. RATE OR APR shall mean as to any Contract and any time, the contractual rate of interest then being borne by such Contract, as determined therein.
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Annual Percentage with respect to each annual period shall be as follows: Annual Period Annual Percentage First 1.575% Second 1.600% Third 1.575% Fourth 1.500% Fifth 1.250%
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