Additional Percentage definition

Additional Percentage means the percentage applicable to this Note in accordance with the following:

Additional Percentage means (i) zero percent (0%) on and after the Closing Date but prior to the three month anniversary of the Closing Date or (ii) five percent (5%) on and after the three month anniversary of the Closing Date.

Additional Percentage means 2.0% of the Average Compensation.

Examples of Additional Percentage in a sentence

• Commencing as of the date hereof and continuing until repayment in full of all sums due hereunder, the unpaid Principal Sum shall bear interest at the LIBOR Rate (as hereinafter defined), plus the applicable LIBOR Rate Additional Percentage (the "LIBOR Rate Option").

• Payment of all Base Salary and Additional Percentage Compensation to Executive hereunder shall be made in accordance with the relevant Company policies in effect from time to time, including normal payroll practices, and shall be subject to all applicable employment and withholding taxes.

• Commencing as of the _____ day of November, 1997, until all sums due under the Loan shall be repaid in full, the unpaid principal balance of the Note shall bear interest at a rate which is at all times equal to the fluctuating at the LIBOR Rate (as hereinafter defined), plus the applicable LIBOR Rate Additional Percentage (the "LIBOR Rate Option").

• Commencing as of the date hereof and continuing until repayment in full of all sums due hereunder, the unpaid Principal Sum shall bear interest at the LIBOR Rate (as hereinafter defined), plus the applicable LIBOR Rate Additional Percentage (the “LIBOR Rate Option”).

• Except as otherwise expressly set forth below, amounts outstanding hereunder shall bear interest at a floating rate which is at all times equal to the Prime Rate (hereinafter defined), from time to time in effect, plus the Additional Percentage (hereinafter defined).

More Definitions of Additional Percentage

Additional Percentage means (w) 2% of the Total Voting Power, in the event that the ML Entities and their Affiliates beneficially own Voting Securities representing in the aggregate at least 30% of the Total Voting Power; (x) 3% of the Total Voting Power, in the event that the ML Entities and their Affiliates beneficially own Voting Securities representing in the aggregate less than 30%, but at least 22%, of the Total Voting Power; (y) 4% of the Total Voting Power, in the event that the ML Entities and their Affiliates beneficially own Voting Securities representing in the aggregate less than 22%, but at least 16%, of

Additional Percentage means for any Series of SENs, for any date, such additional percentage interest in the Export Receivables and in the Collections therefrom to be transferred from the Collection Account to the SENs Collateral Account for such Series, as may be designated by the Company in writing to the Collateral Trustee and the Trustee pursuant to Section 2.04 of the Collateral Trust Agreement.

Additional Percentage means, for any date with respect to any Secured Parties, such additional percentage interest (in excess of such Secured Parties' Basic Percentage) in the Collateral as may be designated by the Issuer for the benefit of such Secured Parties in accordance with Section 2.04 hereof.

Additional Percentage means: (i) for the first Additional Reset Date, 115%, (ii) for the second Additional Reset Date, 125% and (iii) for the third Additional Reset Date, 140%.

Additional Percentage means the cost imputed to the Funding Liquidity Facility Provider of compliance with:

Additional Percentage means (w) 2% of the Total Voting Power, in the event that the ML Entities and their

Additional Percentage means such Member’s Contribution Percentage divided by the sum of such Member’s Contribution Percentage and the FP Member’s Contribution Percentage. The reimbursement obligation of the RP Member and the SW Member shall be guaranteed pursuant to a Guaranty of Member Obligation in the form of Exhibit “C” attached hereto (the “Guaranty Agreement”) to be entered into by and between the FP Guarantor, Heritage Fields Capital Co-Investor Member, LLC, a Delaware limited liability company, which is an Affiliate of RP Member (the “RP Guarantor”), and LNR XX XX, LLC, which is an Affiliate of SW Member (the “SW Guarantor”). The Members acknowledge and agree that (i) the FP Guarantor is a third-party beneficiary of the foregoing provisions of this Section 3.06, and (ii) the FP Guarantor has the right, power and authority to enforce the provisions of this Section 3.06.