Installment Percentage means, with respect to Advances outstanding under the Revolver/Term Loan, a percentage of the aggregate Revolver/Term Advances outstanding on the Conversion Date.
Installment Percentage means the percentage set forth in the table above representing the portion of the Target TSR Units that is eligible to vest during the corresponding Scoring Window specified above based on the Earned Percentage applicable to the corresponding Scoring Window. The attainment level of Total Stockholder Return (as defined below) shall be calculated at the end of each Scoring Window, at which time the formula in Section 1 of this Schedule A above shall be applied to determine the number of Performance Stock Units that become eligible to vest for each Scoring Window. Although the Performance Stock Units may become eligible to vest at the end of each Scoring Window based on the attainment level of the Performance goals, you will not vest in the Performance Stock Units unless you continue to be a Service Provider through the last day of the Performance Period, except as otherwise provided in the Vesting Schedule section of the Agreement.
Installment Percentage has the meaning specified in Section 2.03(a).
Examples of Installment Percentage in a sentence
The funds should be released to the Training Provider as per the following schedule: Installment Percentage of total cost of each Batch Output Parameters 1st 50% On commencement of Training Batch against all validated candidates after inspection by District Inspection Team within 15 days of commencement.
The funds should be released to the Training Provider as per the following schedule: Installment Percentage of total cost of each Batch Output Parameters 1st 40% After Completion of 30% of the Training Duration 2nd 30% On successful assessment and certification of the trainees by Assessment and Certification Body.
More Definitions of Installment Percentage
Installment Percentage means, as of any date of determination, (i) if the Closing Bid Price of the Common Stock is trading on an Eligible Market and exceeds $0.65 (as adjusted for any stock split, stock dividend, stock combination or other similar transaction) for at least twenty (20) consecutive Trading Days immediately prior to such date, 80% or (ii) otherwise, 75%.(dd)
Installment Percentage means the percentage set forth in the table above representing the portion of the Target TSR Units that is eligible to vest during the corresponding Scoring Window specified above based on the Earned Percentage applicable to the corresponding Scoring Window. The attainment level of Total Shareholder Return (as defined below) shall be calculated at the end of each Scoring Window, at which time the formula in Section 1 of this Schedule A above shall be applied to determine the number of Performance Stock Units that become eligible to vest for each Scoring Window. Although the Performance Stock Units may become eligible to vest at the end of each Scoring Window based on the attainment level of the Performance goals, you will not vest in the Performance Stock Units unless you continue to be a Service Provider through the last day of the Performance Period, except as otherwise provided in the Vesting Schedule section of the Agreement. 4. Performance Goals: For each Scoring Window, the Earned Percentage of the Performance Stock Units shall be determined by the TSR Percentile Rank based on the comparison of the Total Shareholder Return of the Company against the Total Shareholder Return of all companies included in the S&P 500 at the beginning of the Scoring Window (excluding those companies that are not members ofthe S&P 500 or any new companies that become members of the S&P 500 as of the end of the Scoring Window).
Installment Percentage means, as applicable, (i) if prior to April 1, 2022, 100% or (ii) if on or after April 1, 2022, 110%.
Installment Percentage means the percentage set forth in the table above representing the portion of the Target TSR Units that is eligible to vest during the corresponding Scoring Window specified above based on the Earned Percentage applicable to the corresponding Scoring Window.