Examples of Cash Flow Percentage in a sentence
The following tables set forth the Performance Goals to be used to calculate the Applicable EPS Percentage, the Applicable Cash Flow Percentage, and the Applicable Revenue Percentage in order to determine Bonuses for the First Half Performance Period in accordance with Section 4.2 of this Plan.
Changes in the level of Cash Flow Percentage Cap After the year ending 31 March 2011, the Final Funding Agreement provides that the CFPC may reduce in increments of 5% (to a floor of 10%), provided that the annual contributions are, on average, lower than the reduced CFPC level for the four years preceding the reduction, and that the CFPC cannot reduce by more than 5% in any four year period.
Based on the Total Leverage Ratio set forth in Section 1 of this Report, the Excess Cash Flow Percentage is [50%/25%/0%] The Excess Cash Flow Percentage will be (a) 50%, if the Total Leverage Ratio set forth in Section 1 of this Report is greater than or equal to 2.75:1.00, (b) 25%, if the Total Leverage Ratio set forth in Section 1 of this Report is greater than or equal to 2.00:1.00, but less than 2.75:1.00, and (c) 0% in all other cases.
For each of the tables under paragraphs 2 and 3 above, the Applicable EPS Percentage, Applicable Cash Flow Percentage or the Applicable Revenue Percentage, as the case may be and as determined pursuant to such table, will be interpolated on a linear basis between the levels stated in the applicable table.
The Parent shall procure that on each Excess Cash Flow Payment Date, an amount equal to the Applicable Excess Cash Flow Percentage of Excess Cash Flow (other than any amounts from Excess Cash Flow previously applied in accordance with Clause 12.3 (Application of Voluntary Prepayments)) for the relevant Excess Cash Flow Payment Period shall be applied in accordance with Clause 13.3 (Application of Mandatory Prepayments).