Effective Date Percentage definition

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Effective Date Percentage means the difference between 100% and the Holdback Percentage;

Effective Date Percentage with respect to Holder shall mean the quotient obtained by dividing (x) the number of shares of Common Stock held by Holder as of the Effective Date as listed under the column entitled “Total Shares” on Schedule A attached hereto by (y) the total number of shares of Common Stock outstanding as of the Effective Date (for the avoidance of doubt, after giving effect to the transactions contemplated by the Purchase Agreement and that certain Common Stock Purchase Agreement by and among the Company Ram Max Group Limited and Shah Capital Management, dated as of the date hereof).

Examples of Effective Date Percentage in a sentence

Notwithstanding any other provision hereof, at any time after the Effective Date, Holder may make such open market purchases of Company Securities as are necessary to maintain Holder's percentage of ownership of issued and outstanding Company Securities at the Effective Date Percentage or to increase its percentage of ownership of issued and outstanding Company Securities to the Effective Date Percentage.
Length of Time from Surrender Fee Certificate Effective Date (Percentage of Net (Years) Purchase Payment Withdrawn) Less than 1 year 7% 1 year but less than 2 7% 2 years but less than 3 6% 3 years but less than 4 6% 4 years but less than 5 5% 5 years but less than 6 4% 6 years but less than 7 2% 7 years or more 0% After seven years have elapsed from the certificate effective date, the Surrender Fee will no longer be assessed.
Effective Date Percentage Increase July 1, 2022 Five Percent (5%) July 1, 2023 Five Percent (5%) July 1, 2024 Four Percent (4%) July 1, 2025 WAGES-ONLY RE-OPENER July 1, 2026 WAGES-ONLY RE-OPENER The percentage increase noted above shall take effect at the beginning of the pay period including the Effective Date listed.
Effective Date Percentage Change July 1, 2009 3% July 1, 2010 3% July 1, 2010 Open for negotiations for wages.
Capital Stock (as of the Effective Date) Percentage Entity Name Type of Entity Jurisdiction Owner Owned BidFair MergeRight Inc.
Effective Date Percentage Increase Attachment July 1, 2024 3% A July 1, 2025 3.5% B With no increase on any other economic items in the collective bargaining agreement, except where specifically noted within the collective bargaining agreement.
Salary grades shall be adjusted in accordance with the General Wage Increase (GWI) as noted below: Effective Date Percentage Increase January 1, 2022 3% January 1, 2023 1-3% January 1, 2024 1-3% Based on the NE Urban CPI for June 2020-June 2021.
The percentage applicable shall be as follows: Effective Date Percentage December 30, 2001 five percent (5%) March 30, 2003 six percent (6%) December 30, 2007 six and three-quarters percent (6.75%) December 28, 2008 seven percent (7%) Furthermore, it is agreed that the following contributions shall be made to the Plan and Trust, by each employee, a percentage of their earnings received from the Employer.
To effect such reallocations, each Lender whose Effective Date Percentage exceeds the amount of such Lender’s Percentage of the Lender Commitments immediately prior to the Effective Date and any Lender providing a new Lender Commitment shall make a Loan in such amount as is necessary so that the aggregate principal amount of Loans held by such Lender shall equal such Lender’s Effective Date Percentage of the aggregate outstanding principal amount of the Loans as of the Effective Date.
Effective Date Percentage Increase July 1, 2018 2.5% base wage increase July 1, 2019 2.5% base wage increase July 1, 2020 2.5% base wage increase Should, during the live of this contract, any City or School unit reach voluntary agreement with the City for a general across-the-board base wage increase greater in percentage than that provided to this Union, then the City and the Union agree to reopen the contract for the limited purpose of discussing base wages.

More Definitions of Effective Date Percentage

Effective Date Percentage means the greater of 53% or ------------------------- the percentage of outstanding shares of Common Stock of the Company held by Monsanto immediately after the consummation of the transactions contemplated by the Stock Purchase Agreement.

Effective Date Percentage means the greater of 53% or the percentage of outstanding shares of Common Stock of the Company held by Monsanto immediately after the consummation of the transactions contemplated by the Stock Purchase Agreement. "Equity Security" means (i) any Common Stock or other Voting Stock, (ii) any securities of the Company convertible into or exchangeable for Common Stock or other Voting Stock or (iii) any options, rights or warrants (or any similar securities) issued by the Company to acquire Common Stock or other Voting Stock. "Exchange Act" means the Securities Exchange Act of 1934, as amended. "Financial Purchaser" means a Person (i) purchasing Company Securities from Monsanto for investment purposes or otherwise in the ordinary course of business and not for the purpose nor with the effect of changing or influencing the control of the Company and (ii) which Person is not already primarily in the same lines of business as the Company. 2

Effective Date Percentage means, relative to any Bank, the percentage set forth with respect to such Bank on the schedule attached hereto as Annex 4.