Consenting Percentage definition

Consenting Percentage means a fraction, the numerator of which is the Consenting Client Revenue Run Rate, and the denominator of which is the Base Revenue Amount, expressed as a percentage.
Consenting Percentage shall have the meaning specified in the Purchase Agreement (PROVIDED, HOWEVER, that, solely for purposes of the use of such term in this Agreement and any "Put Option Agreements" (or similar agreements) entered into between the Manager Member and any Employee Stockholder or Non-Manager Member, the Consenting Percentage shall be recalculated as of the Closing True-Up Date (as defined in the Purchase Agreement) to take into account any increase thereto resulting from the inclusion of any Applicable Excluded Contracts as of such date).
Consenting Percentage. (which shall in no event be greater than 1.0) shall be equal to the sum of:

Examples of Consenting Percentage in a sentence

  • In addition, the Consenting Percentage shall be at least eighty-five percent (85%).

  • In addition, the Consenting Percentage shall be at least eighty-five percent (85)%.

  • The "Consenting Percentage" shall be equal to (i) the sum of the Contract Values as of the Closing for those Advisory Contracts with respect to which the WY LLC has received Consents from Clients, divided by (ii) the Base Fees; PROVIDED, HOWEVER, that Advisory Contracts with Related Clients shall be excluded from clause (i) of such calculation to the extent their aggregate Contract Values exceeds two hundred and seventy five million dollars ($275,000,000).

  • As of the Closing, the certificate delivered pursuant to Section 7.02(e) shall include a true and correct calculation of the Consenting Percentage, the Consenting Client Revenue Run Rate, and the Consent Reduction Amount (if any).


More Definitions of Consenting Percentage

Consenting Percentage shall have the meaning specified in Section 1.2(b) hereof.
Consenting Percentage means one hundred percent (100%) less the Non-Consenting Percentage.
Consenting Percentage shall have the meaning specified in Section 1.1(b) hereof.