Designated Percentage definition
Designated Percentage shall have the meaning set forth in Section 1(a) hereof.
Designated Percentage as defined in the definition of “Designated Borrower Asset Coverage Ratio Percentage.”
Designated Percentage in respect of an Option means the percentage of the Designated Amount representing the maximum number of Shares which a Participant may purchase under the Option during each Option Year which, unless otherwise determined by the Company, shall be 20% commencing on the second Option Year, 40% commencing on the third Option Year, 60% commencing on the fourth Option Year, 80% commencing on the fifth Option Year and 100% commencing on the sixth Option Year;
Examples of Designated Percentage in a sentence
The Vendors shall on a solidary basis be liable for fees and expenses owed by the Vendors, if any, to the Independent Firm in accordance with their Designated Percentage.
More Definitions of Designated Percentage
Designated Percentage has the meaning assigned to such term in the Primary Shareholders Agreement.
Designated Percentage has the meaning set forth in Section 4.04.
Designated Percentage means, for each Buyer, with respect to each Account Debtor, the percentage set forth under the heading “Designated Percentage” for such Buyer on Schedule II to this Agreement, as such Schedule may be modified or supplemented from time to time upon the request of the Sellers, as approved in advance by the Administrative Agent and the Buyers in writing in their sole and absolute discretion in accordance with the terms of this Agreement.
Designated Percentage means as of any date of determination thereof, and with respect to any Aircraft, the percentage obtained by dividing the then most recent Adjusted Base Value of such Aircraft by the then most recent Adjusted Portfolio Value.
Designated Percentage for each Vendor means the percentage specified opposite the name of such Vendor in Schedule 2.1, which Schedule is being delivered by the Corporation concurrently with the execution of this Agreement;
Designated Percentage means (i) with respect to Existing Carried Interests, 40%, and (ii) with respect to each Future Carried Interest, the percentages in effect for the period following December 31, 2009 to the date hereof, and thereafter such percentage as designated from time to time by the General Partner. A Designated Percentage shall apply to any Future Carried Interests until such time as a new Designated Percentage is designated by the General Partner.
Designated Percentage means the lesser of (a) sixty percent (60%) multiplied by Borrower’s Eligible Cost (as that term is used and reported in the most recent appraisal report rendered from time to time pursuant to Section 7.3(d) hereof; it being understood that for purposes hereof, “Eligible Cost” shall have the meaning set forth in, and shall be calculated using the method of calculation thereof that is employed, in the appraisal reports delivered prior to the date of this Agreement) of Eligible Inventory consisting of leaf tobacco as reflected on the books and records of Borrower maintained by Borrower in good faith, or (b) eighty-five percent (85%) of the net orderly liquidation value of Eligible Inventory consisting of leaf tobacco as indicated by the most recent appraisal report thereof rendered from time to time pursuant to Section 7.3(d) hereof.