Initial Percentage definition

Initial Percentage means the percentage of then Total Voting Power of the Company represented by the Voting Securities held by a Stockholder at the time of the consummation of the Company's initial public offering.

Initial Percentage means the percentage of issued and outstanding Common Stock represented immediately after the Closing by the shares issued pursuant to the Purchase Agreement and the Loan Agreement.

Initial Percentage means 12% of the issued and outstanding Common Stock; (vi) the "Standstill Period" shall mean, with respect to any Holder, a period of time commencing on the Effective Time of the Merger and terminating ninety (90) days after the first date following the election of PGGM's designees to EOP's Board of Trustees that no Trustee designated by PGGM pursuant to Section 7 of this Voting Agreement remains a Trustee of EOP; and (vii) all references therein to "Units" shall refer to EOP OP Units.

Examples of Initial Percentage in a sentence

• For all options listed in this Section, the Initial Percentage (Initial %) column and DCA (if applicable) Percentage (DCA %) column must each total 100%.

• INVESTMENT ALLOCATIONS For all options listed in this Section, the Initial Percentage (Initial %) column and DCA (if applicable) Percentage (DCA %) column must each total 100%.

• If this Rider is issued prior to the first Contract Anniversary, the Target Amount is equal to (a) the Initial Percentage multiplied by the Payments applied to the Benefit Base during the Initial Percentage Period; plus (b) the Subsequent Percentage multiplied by the Payments applied to the Benefit Base during the Subsequent Percentage Period and prior to the Target Date.

• INVESTMENT ALLOCATIONSFor all options listed in this Section, the Initial Percentage (Initial %) column and DCA (if applicable) Percentage (DCA %) column must each total 100%.

• If this Rider is issued after the first Contract Anniversary, the Target Amount is equal to (a) the Initial Percentage multiplied by the Contract Value on the Rider Date plus any Payments applied to the Benefit Base after the Rider Date and during the Initial Percentage Period; plus (b) the Subsequent Percentage multiplied by any Payments applied to the Benefit Base during the Subsequent Percentage Period and prior to the Target Date.

More Definitions of Initial Percentage

Initial Percentage means the percentage specified as such in Part XI of the Schedule.

Initial Percentage means (i) in the case of each Initial Unitholder, the number of LLC Units to be held by such Initial Unitholder immediately following the Company Equity Reclassification (as defined in the Transaction Agreement) divided by the total number of outstanding LLC Units immediately following the Company Equity Reclassification and (ii) in the case of each Blocker Shareholders, the number of the total LLC Units to be held by Blocker and Blocker GP immediately following the Company Equity Reclassification in which such Blocker Shareholder holds a beneficial interest as reflected in the books and records of the Blocker divided by the total number of outstanding LLC Units immediately following the Company Equity Reclassification. The Issuer shall maintain in its books and records the Initial Percentage of each of the Initial Unitholders and the Blocker Shareholders.

Initial Percentage means, for a particular Participant, the percentage indicated under the heading "Initial Percentage" opposite such Participant's name of Schedule I to the Plan.

Initial Percentage means the percentage obtained by multiplying 100% by a fraction, the numerator of which shall be the difference between $25,000,000 and the aggregate Option Value of all Options subject to Option Cancellation Agreements (rounded to the nearest $0.00001) and the denominator of which shall be the Merger Consideration.

Initial Percentage means 20% of the Common Stock on the Closing Date, calculated on a fully diluted basis after giving effect to (i) the conversion and exercise of all outstanding warrants, options and other securities of the Company convertible or exercisable for Common Stock (whether or not such securities are then currently exercisable) and (ii) the issuance and exercise of the Warrants.

Initial Percentage means the percentage of the issued and outstanding Equity Securities owned in the aggregate by the Sellers on the date hereof giving effect to the closing of the transactions contemplated by the Membership Interest Purchase Agreement.

Initial Percentage means the percentage of Common Stock Voting Power represented immediately after the Closing by the shares of Class A Common Stock issuable upon conversion of the Preferred Stock that Ford and the Ford Affiliates acquire from the Company on the Closing Date pursuant to the Preferred Stock Purchase Agreement.