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 has the meaning assigned to such term in the Primary Shareholders Agreement.

Examples of Designated Percentage in a sentence

• If a Stock Election specifying a Designated Percentage is made, then not later than the first day of the applicable calendar quarter, the number of Shares subject to the Award to be issued in lieu of the Non-Employee Director’s Fees pursuant to such Stock Election shall be determined by multiplying the Designated Percentage by the amount of Fees otherwise payable in cash for such quarter and dividing that product by the Fair Market Value of the Shares on the first day of such quarter.

• Section 2.115 “Protests and appeals” of the Lowell Revised Code specifies how Proposers may protest the competitive selection process outlined herein, or any of the provisions in the RFP documents.

• If the Over Payment exceeds the Adjustment Holdback, then the Vendors shall, in accordance with their Designated Percentage, within [**] following the final determination, make payment by wire transfer to the Purchaser in immediately available funds of such excess.

• In respect of Claims for Losses for breaches of Fundamental Representations and for Claims based on Fraud, the maximum aggregate liability of the Vendors shall in no event exceed each Vendor’s Designated Percentage of the Purchase Price actually received.

• The Vendors shall be liable for fees and expenses owed by the Vendors to the Independent Firm in accordance with their Designated Percentage.

More Definitions of Designated 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;

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 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.

Designated Percentage means with respect to each Carried Interest, 40% or such percentage as designated from time to time by a General Partner. Such Designated Percentage shall apply to any Carried Interests with respect to investments made until such time as a new Designated Percentage is designated by the General Partner. For the avoidance of doubt, the Designated Percentage shall apply to a Carried Interest regardless of when the underlying investment is realized.

Designated Percentage means the percentage under the table in Section 3(c), based on the age of the Employee in completed whole years and completed whole months on the date of her Separation from Service, Disability or death.

Designated Percentage means, as of any date of determination thereof, and with respect to any ACS Group Aircraft, the percentage obtained by dividing the then most recent Assumed Base Value of such ACS Group Aircraft by the then most recent Assumed Portfolio Value of all Aircraft.