Company Percentage definition

Company Percentage shall have the meaning set forth in Section 8(e)(i) of this Agreement.

Company Percentage as of the Effective Date, with respect to the Company, 66 2/3%; provided, that upon written notice by the Borrowers to the Administrative Agent, such percentage (a) may be increased and/or decreased from time to time and at any time by the Borrowers, and (b) as of the effective date for any such increase or decrease specified by the Borrowers in the applicable notice thereof, shall be the percentage so specified.

Company Percentage of a Member on a pertinent date means the ratio (expressed as a percentage) of the number of Common Units held by such Member to the aggregate Common Units held by all Members.

Examples of Company Percentage in a sentence

• Any such withholding or withdrawal shall reduce each affected Member’s Membership Interest and Company Percentage until such time, if any, as the amount of any such withholding or withdrawal is returned in whole or in part, to such Member’s Capital Account.

• The Company shall be liable for the Company Percentage (as described in Section 7(f)) of the annual premium for such term life insurance policy and the Partnership shall be liable for the remainder of such premium.

• The Company will then subtract the Xxxxxxx 2000 Index Percentage Performance from the Company Percentage Performance, then add 100 to the result, with the final result constituting the relative Company performance as a percentage (the “Relative Performance Percentage”).

• Any Distributable Proceeds that the Operating Member reasonably determines are not allocable to a specific Co-Investment or Company Investment Round Interest, shall, after the reduction and payment of all applicable costs and expenses and reserves, be distributed to the Members, pro rata in accordance with their Company Percentage Interests.

• The Compensation Committee will then subtract the Xxxxxxx Percentage Performance from the Company Percentage Performance, with the final result constituting the relative Company performance as a percentage (the “Relative Performance Percentage”).

More Definitions of Company Percentage

Company Percentage means 15%.

Company Percentage means initially (a) ninety-five percent (95%) as to BH Investor, and (b) five percent (5%) as to Xxxxx Investor, subject to adjustment in accordance with the terms of this Agreement.

Company Percentage means 100% multiplied by a fraction, (i) the numerator of which is equal to $48,000,000 minus the Company Cash Shortfall or plus the Company Cash Surplus, as applicable, and (ii) the denominator of which is equal to $83,000,000 minus the Company Cash Shortfall or plus the Company Cash Surplus, as applicable.

Company Percentage means forty-three percent (43%).

Company Percentage means 85.58%.

Company Percentage means [51]% for the FCE Entity and [49]% for Master III, subject to adjustment as set forth in the Agreement.

Company Percentage initially shall mean (A) 16.57% if the Purchaser is the seller of its Entity Interests and (B) 58.38% if the Stockholders are the sellers of their Entity Interests; provided, however, that the Company Percentage shall be subject to adjustment as provided above in Section 6.02(d) above including, without limitation, as the result of exercise of the warrants described in Section 2.06(b) of the Stock Purchase Agreement.