ACCRUAL PERCENTAGE Sample Clauses

ACCRUAL PERCENTAGE. The Accrual Percentage shall equal the lesser of (A) the sum of (i) through (v) below, and (B) 50%: (i) 10%; plus (ii) 2%, if the Executive is employed by the Company on June 30, 2005; plus (iii) 4% for each full Year (as defined below) the Executive is employed by the Company from July 1, 2005 through June 30, 2010; plus (iv) 2% for each full Year the Executive is employed by the Company from July 1, 2010 through June 30, 2014; plus (v) 1% for each full Year the Executive is employed by the Company thereafter.
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ACCRUAL PERCENTAGE. The Accrual Percentage shall equal the sum of (i) 12%, (ii) 2% multiplied by each Year for which the Executive is employed by the Company during the calendar years 2009 through 2014 and (iii) 4% multiplied by each Year for which the Executive is employed by the Company during any calendar year subsequent to 2014; provided, however, that under no circumstances shall the Accrual Percentage exceed 60%. For purposes of this Agreement, “Year” means the calendar year commencing with the calendar year 2009 and does not include any calendar year prior to 2009.
Sample 1

Related to ACCRUAL PERCENTAGE

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Discount Percentage The Discount Percentage shall be based upon the monthly average of the net assets of all of the funds on Master Schedule A to Management Contracts (“Group Assets”), as may be updated from time to time, and the monthly average of the net assets of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. After determination of the average Group Assets tier bound level in Master Schedule B to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, the Discount Percentage shall be determined on a cumulative basis pursuant to the schedule set forth in Master Schedule B to Management Contracts.

  • Original Class A Percentage The Original Class A Percentage is 96.09547893%

  • Reserve Percentage For any Interest Period, that percentage which is specified three (3) Business Days before the first day of such Interest Period by the Board of Governors of the Federal Reserve System (or any successor) or any other governmental or quasi-governmental authority with jurisdiction over Agent or any Lender for determining the maximum reserve requirement (including, but not limited to, any marginal reserve requirement) for Agent or any Lender with respect to liabilities constituting of or including (among other liabilities) Eurocurrency liabilities in an amount equal to that portion of the Loan affected by such Interest Period and with a maturity equal to such Interest Period.

  • Applicable Percentage Except as provided otherwise in the next sentence, the term "Applicable Percentage" shall mean: (i) 0% during the one-year period commencing on the Closing Date (ii) 20% during the one-year period commencing on the first anniversary of the Closing Date; (iii) 40% during the one-year period commencing on the second anniversary of the Closing Date; (iv) 60% during the one-year period commencing on the third anniversary of the Closing Date; (v) 80% during the one-year period commencing on the fourth anniversary of the Closing Date; and (vi) 100% on and after the fifth anniversary of the Closing Date. Notwithstanding the foregoing, (A) immediately prior to and after the occurrence of a Sale of the Company, such Applicable Percentage shall mean 100%, and (B) in the case of a termination of employment described in Section 7.2(a)(iii)(B), such Applicable Percentage in clauses (i), (ii) and (iii) shall be 0%, and in clauses (iv) and (v) and (vi) shall be 40%, 75% and 100%, respectively.

  • Commitment Percentage With respect to each Lender, the percentage set forth on Schedule 1.1 hereto as such Lender’s percentage of the aggregate Commitments of all of the Lenders, as the same may be changed from time to time in accordance with the terms of this Agreement.

  • Notional Amount For each Distribution Date (and the related Interest Accrual Period) each of the Class M-1, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates shall accrue interest at a per annum rate equal to the B Average Rate.

  • PERCENTAGE GOAL The goal for Historically Underutilized Business (HUB) participation in the work to be performed under this contract is 23.7 % of the contract amount.

  • Carry Forward to a Subsequent Year If you do not withdraw the excess contribution, you may carry forward the contribution for a subsequent tax year. To do so, you under-contribute for that tax year and carry the excess contribution amount forward to that year on your tax return. The six percent excess contribution penalty tax will be imposed on the excess amount for each year that it remains as an excess contribution at the end of the year. You must file IRS Form 5329 along with your income tax return to report and remit any additional taxes to the IRS.

  • Original Subordinated Percentage The Original Subordinated Percentage is 4.07783388%.

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