Cumulative Percentage definition

Cumulative Percentage means the percentage so designated on the signature page hereof.
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Cumulative Percentage means the percentage so designated in the Award Certificate.
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Cumulative Percentage means the percentage so designated on the signature page hereof. “Cumulative Performance Period” means, as applicable (i) the period from the Grant Date to December 31, 20__, and (ii) the period from the Grant Date to December 31, 20__. “Fiscal Year” shall mean the 12-consecutive-month period beginning on January 1 and ending on December 31, so that, by way of example, Fiscal Year 2022 shall mean the 12-consecutive-month period beginning on January 1, 2022 and ending on December 31, 2022. “Index” means the Xxxxxxx Microcap Index, as issued by Xxxxxxx Investments, Inc., or, if such Index is no longer published or the Committee determines that such Index no longer appropriately represents the Company’s peer group (as measured by market capitalization), such other index as the Committee shall determine in its sole discretion. “Performance Period” means the Annual Performance Period and/or the Cumulative Performance Period, as applicable. “Severance Period” shall mean the period following the termination of the Grantee’s employment by the Company during which the Grantee is entitled to continue to receive his or her base compensation pursuant to a written severance agreement. “Target Shares” means the number of Performance Shares so designated in the Award Certificate.
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Examples of Cumulative Percentage in a sentence

  • Vesting Date Percentage of Shares Becoming Vested Cumulative Percentage Vested August 1, 2006 66.6% 66.6% July 7, 2007 33.4% 100% Subsequent to such Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock.

  • Subject to other terms and conditions set forth herein, the Option may be exercised in cumulative installments as follows: On or After Each of the Following Vesting Dates Cumulative Percentage of Shares as to Which Option is Exercisable Option Shares shall constitute Vested Shares once they are exercisable.

  • Vesting Date Percentage of Shares Becoming Vested Cumulative Percentage Vested July 7, 2005 33.3 % 33.3 % July 7, 2006 33.3 % 66.6 % July 7, 2007 33.4 % 100 % Subsequent to such Vesting Date or Dates, the shares of Stock on which all restrictions and conditions have lapsed shall no longer be deemed Restricted Stock.

  • This Option shall become exercisable according to the following schedule: Cumulative Percentage Vesting Date of Shares Once the Option becomes exercisable to the extent of one hundred percent (100%) of the aggregate number of shares specified in Paragraph 1, Participant may continue to exercise this Option under the terms and conditions of this Agreement until the termination of the Option as provided herein.

  • This Option shall become exercisable according to the following schedule: Vesting Date Cumulative Percentage of Shares Once the Option becomes exercisable to the extent of one hundred percent (100%) of the aggregate number of shares specified in Paragraph 1, Participant may continue to exercise this Option under the terms and conditions of this Agreement until the termination of the Option as provided herein.

  • Except as otherwise set forth in this Agreement, the SARs shall vest and become exercisable by the Employee according to the following schedule: Period from Date of Grant Cumulative Percentage of SARs Which May Be Exercised 1 year 25% 2 years 50% 3 years 75% 4 years 100% Notwithstanding the above, in the event of a Change of Control (as defined in this Agreement), all SARs granted under this Agreement shall immediately vest and be exercisable by the Employee.

  • The SARs shall vest and become exercisable by the Employee according to the following schedule: Period from Date of Grant Cumulative Percentage of SARs Which May Be Exercised 1 year 25% 2 years 50% 3 years 75% 4 years 100% Notwithstanding the above, in the event of a Change of Control (as defined in Section 23 of this Agreement), all SARs granted under this Agreement shall immediately vest and be exercisable by Employee.

  • Subject to the terms and conditions set forth herein, this option may be exercised at any time to purchase shares of Stock covered by this option only in accordance with the following schedule: Cumulative Percentage of Aggregate Number of Shares of Stock Covered by Option Which May Be Exercise Period Purchased --------------- ----------------------- Within one year from date of grant........................

  • The Stock Option shall vest and become exercisable by the Director according to the following schedule: Period from Date of Grant Cumulative Percentage of Option Shares Which May Be Exercised 1 year 25% 2 years 50% 3 years 75% 4 years 100% Notwithstanding the above vesting schedule, in the event of a Change of Control (as defined in Section 23 of this Agreement), the Stock Option granted under this Agreement shall immediately vest and be exercisable by the Director.

  • The Holder shall vest in the Option based upon the following schedule: Number of Years from Date of Grant Cumulative Percentage Vested One Year - December 10, 1999 20% Two Years - December 10, 2000 40% Three Years - December 10, 2001 60% Four Years - December 10, 2002 80% Five Years - December 10, 2003 100% Acceleration.


More Definitions of Cumulative Percentage

Cumulative Percentage means the percentage so designated in the Award Certificate. “Cumulative Performance Period” means, as applicable (i) the period from the Grant Date to December 31, 2022, and (ii) the period from the Grant Date to December 31, 2023. “Fiscal Year” shall mean the 12-consecutive-month period beginning on January 1 and ending on December 31, so that, by way of example, Fiscal Year 2020 shall mean the 12-consecutive-month period beginning on January 1, 2020 and ending on December 31, 2020. “Index” means the Xxxxxxx Microcap Index, as issued by Xxxxxxx Investments, Inc., or, if such Index is no longer published or the Committee determines that such Index no longer appropriately represents the Company’s peer group (as measured by market capitalization), such other index as the Committee shall determine in its sole discretion. “Performance Period” means the Annual Performance Period and/or the Cumulative Performance Period, as applicable. “Severance Period” shall mean the period following the termination of the Grantee’s employment by the Company during which the Grantee is entitled to continue to receive his or her base compensation pursuant to a written severance agreement.
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Cumulative Percentage means the cumulative percentage of your PV Option vested in accordance with paragraph 3(b) as set forth in the column on Exhibit A labeled “Cumulative % of PV Option Vested.”
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Related to Cumulative Percentage

  • Cumulative Loss Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Realized Losses incurred from the Cut-off Date to the last day of the calendar month preceding the month in which such Distribution Date occurs and the denominator of which is the Cut-off Date Pool Principal Balance of the Mortgage Loans.

  • Class B Percentage Any one of the Class B-1 Percentage, Class B-2 Percentage, Class B-3 Percentage, Class B-4 Percentage, Class B-5 Percentage or Class B-6 Percentage.

  • Class C Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class C Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

  • Voting Percentage means, as to any Lender, (a) at any time when the Commitments are in effect, such Lender’s Pro Rata Share and (b) at any time after the termination of the Commitments, the percentage (carried out to the ninth decimal place) which (i) the sum of (A) the Outstanding Amount of such Lender’s Loans (including for purposes of this definition, such Lender’s risk participation in outstanding Swing Line Loans), plus (B) such Lender’s Pro Rata Share of the Outstanding Amount of L/C Obligations, then constitutes of (ii) the Outstanding Amount of all Loans and L/C Obligations; provided, however, that if any Lender is a Defaulting Lender, then such Lender’s Voting Percentage shall be deemed to be zero percent (0%), and the respective Pro Rata Shares and Voting Percentages of the other Lenders shall be recomputed for purposes of this definition and the definition of “Required Lenders” without regard to such Lender’s Commitment or the outstanding amount of its Loans, and L/C Advances, as the case may be; provided further that, the amount of any risk participation in any Swing Line Loan and Unreimbursed Amounts that such Defaulting Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the Swing Line Lender or L/C Issuer, as the case may be, in making such determination.

  • Invested Percentage means, with respect to any Series of Notes, the percentage specified in the applicable Series Supplement.

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Minimum Dilution Reserve Percentage means, at any time of determination, the product (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/1000th of 1% rounded upward) of (a) the average of the Dilution Ratios for the twelve (12) most recent Fiscal Months, multiplied by (b) the Dilution Horizon Ratio.

  • Non-PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is the Required Coupon. As to any Non-Discount Mortgage Loan, 100%.

  • Total Percentage means, with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Aggregate Exposure at such time to the Aggregate Exposure of all Lenders at such time.

  • Series Percentage means, with respect to any specified category, with respect to any Distribution Date or Trust Distribution Date, as applicable, the sum of the Class Percentages with respect to such category for each Class of the Series established hereby on such Distribution Date or Trust Distribution Date, as applicable.

  • Permitted Percentage means 25% of the voting power of the Stock.

  • Class A Percentage means 100% minus the Class B Percentage.

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Class B Principal Percentage means, with respect to any Monthly Period, (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Class B Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Equity Percentage means the aggregate ownership percentage of Borrower in each Unconsolidated Affiliate, which shall be calculated as the greater of (a) Borrower’s nominal capital ownership interest in the Unconsolidated Affiliate as set forth in the Unconsolidated Affiliate’s organizational documents, and (b) Borrower’s economic ownership interest in the Unconsolidated Affiliate, reflecting Borrower’s share of income and expenses of the Unconsolidated Affiliate.

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.