Liquidation Percentage definition

Liquidation Percentage means, for any Lender, a fraction, the numerator of which is the sum of such Lender’s Domestic Commitment and Canadian Commitment on the Determination Date and the denominator of which is the Total Commitments of all Lenders on the Determination Date.

Liquidation Percentage means, with respect to any Economic Member, the percentage arrived at by dividing (i) the aggregate of (x) all Forecasted Project Values for the Projects contributed or sold to the Operating Company by such Economic Member and its Affiliates plus (y) 50% of the Forecasted Project Values for the Projects acquired by the Operating Company from any Person other than an Economic Member or its Affiliates by (ii) the Forecasted Project Values for all Projects. At all times, the Liquidation Percentage of all Economic Members shall aggregate to 100%.

Liquidation Percentage means, for any Revolving Lender, a fraction, the numerator of which is the sum of such Revolving Lender’s Domestic Revolving Commitments and Canadian Revolving Commitment on the Determination Date and the denominator of which is all Domestic Revolving Commitments and Canadian Revolving Commitments of all Revolving Lenders on the Determination Date.

Examples of Liquidation Percentage in a sentence

• At Agent's option, Net Liquidation Percentage may be calculated separately for different categories of Inventory.

• In addition to the foregoing, Agent shall have the right to have the Inventory reappraised by a qualified appraisal company selected by Agent from time to time after the Closing Date for the purpose of redetermining the Net Liquidation Percentage of the Eligible Inventory portion of the Collateral and, as a result, redetermining the Borrowing Base.

• In addition to the foregoing, Lender shall have the right to have the Borrower's Inventory reappraised by a qualified appraisal company selected by Lender from time to time after the Closing Date for the purpose of re-determining the Net Liquidation Percentage of Borrower's Inventory and, as a result, re-determining the Borrowing Base; provided, that unless an Event of Default has occurred, Borrower shall reimburse Lender for no more than one appraisal in any calendar year.

• In addition to the foregoing, Agent shall have the right to have the Inventory reappraised by a qualified appraisal company selected by Agent after consultation with Administrative Borrower from time to time after the Closing Date for the purpose of redetermining the Net Liquidation Percentage of the Eligible Inventory portion of the Collateral and, as a result, redetermining the Borrowing Base.

• In addition to the foregoing (and subject to Section 2.11 as to costs and expenses), Agent shall have the right to have the Borrower’s Inventory reappraised by a qualified appraisal company selected by Agent from time to time after the Restatement Date for the purpose of re-determining the Net Liquidation Percentage of the Eligible Inventory and, as a result, re-determining the Borrowing Base.

More Definitions of Liquidation Percentage

Liquidation Percentage means, for any Lender, a fraction, the numerator of which is the sum of such Lender’s Domestic Commitment, Canadian Commitment and UK Commitment on the Determination Date and the denominator of which is the Total Commitments of all Lenders on the Determination Date.

Liquidation Percentage means, with respect to any Member as of any date, 100% times a fraction, the numerator of which is the total distributions received by such Member pursuant to Section 4.1(b) in each of the four immediately preceding calendar quarters, and the denominator of which is the total distributions received by all Members pursuant to Section 4.1(b) in each of the four immediately preceding calendar quarters.

Liquidation Percentage means, for any Lender, a fraction, the numerator of which is the sum of such Lender’s and its Lender Affiliates’ Commitments immediately prior to the Determination Date and the denominator of which is the Aggregate Total Commitments immediately prior to the Determination Date.

Liquidation Percentage means, (a) for any Lender (other than a Tranche A-1 Lender), a fraction, the numerator of which is the sum of such Lender's Domestic Commitment and Canadian Commitment on the Determination Date and the denominator of which is the sum of the Total Commitments of all Lenders on the Determination Date., and (b) for any Tranche A-1 Lender, a fraction, the numerator of which is such Tranche A-1 Lender's outstanding Tranche A-1 Loans on the Determination Date and the denominator of which is the sum of all outstanding Tranche A-1

Liquidation Percentage means, for any Stockholder, the fraction determined by dividing (A) the distributions that such Stockholder would receive from the Company if the Operating Company were liquidated for an amount equal to its fair market value and the portion of the proceeds therefrom (net of fees and expenses) attributable to the Company were distributed to the Stockholders in accordance with this Agreement by (B) the aggregate proceeds (net of fees and expenses) that would be distributed by Ulixes Holding BV to the Company and Xxxxxxx Finance S.à x.x. in connection with such liquidation.

Liquidation Percentage means, (a) for any Lender (other than a Term Lender), a fraction, the numerator of which is the sum of such Lender’s Domestic Commitment and Canadian Commitment on the Determination Date and the denominator of which is the sum of the Total Commitments of all Lenders on the Determination Date, and (b) for any Term Lender, a fraction. the numerator of which is such Term Lender’s outstanding Term Loans on the Determination Date and the denominator of which is the sum of all outstanding Term Loans of all Term Lenders on the Determination Date.

Liquidation Percentage means the portion of a noncustodial parent’s total arrearage that may be accepted by the Commissioner of Social Services in full satisfaction of the support arrearage owed to the State of Connecticut.