Appropriate Percentage definition

Appropriate Percentage means that percentage of the New Securities determined by dividing (i) the total number of Shares then owned by a Preemptive Rightholder by (ii) the total number of Shares owned by all the Preemptive Rightholders.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Appropriate Percentage means the appropriate percentage set out in clauses

Appropriate Percentage means fifty percent (50%).

Examples of Appropriate Percentage in a sentence

The key-person policy shall name the Company as loss payee, and neither policy shall be cancelable by the Company without prior approval by the Board of Directors and holders of more than the Appropriate Percentage of the shares of Common Stock then issuable upon conversion of the then outstanding shares of Preferred Stock.
Appropriate Percentage shall mean, with respect to each Special Subsidiary, the percentage of the equity of such Person owned by the Borrower or any Subsidiary of the Borrower.
Should the next round contemplated investment bring in less than $4.0 Million, the Appropriate Percentage would be the greater number as calculated by Purchaser's investment ($250,000) divided by the total amount invested in the company after said next round.
This Agreement may be amended or terminated and the observance of any term hereof may be waived (either generally or in a particular instance and either retroactively or prospectively) only by a written instrument executed by (a) the Company; and (b) the holders of more than the Appropriate Percentage of the shares of Common Stock then issuable upon conversion of the then outstanding shares of Preferred Stock.
Appropriate Percentage is defined as the percentage ownership Purchaser has just prior to any such future offerings.

More Definitions of Appropriate Percentage

Appropriate Percentage means the lesser of—

Appropriate Percentage. The percentage of the Locked-in Value of a Participant’s Shares chargeable to income tax under Schedule E computed in accordance with the provisions of Section 52(8) of the Act. “Appropriation Date” The date, not being later than nine (9) months after the Announcement Date of the relevant year or such later date as the Revenue Commissioners may agree, on which Shares are appropriated to the Participants.

Appropriate Percentage means, in relation to any year (the “relevant year”), the percentage which corresponds to the percentage increase between:

Appropriate Percentage means, with respect to a taxation year, the percentage set out in clause 8(1)(a);

Appropriate Percentage shall have the meaning set forth in Section 6.

Appropriate Percentage for a taxation year means the lowest percentage referred to in section 7 that is applicable in determining tax payable under this Part for the year;