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

• The Client acknowledges that the Bank reserves the right to change the Liquidation Percentage at its sole discretion.

• The Borrower agrees that the First Lien Creditor may transfer the Collateral, without prior notice to the Borrower, upon determination by the First Lien Creditor that an Event of Default exists under the Loan Agreement authorizing such transfer, including, inter alia, the LTV Ratio exceeding the Liquidation Percentage.

• The Client acknowledges that the company reserves the right to change the Liquidation Percentage at its sole discretion.

• While the Automatic Liquidation System aims at avoiding that the Client is losing more than the Forex Margin and while Swissquote Bank Ltd will ensure that, in the vast majority of cases, the Automatic Liquidation System is activated as soon as the Liquidation Percentage is reached, it is entitled but not obliged to do so.

• In addition Ofgem would carry out random audits on a small number of DNOs each year to verify that the information is reported correctly.

More Definitions of Liquidation Percentage

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, for any Lender, a fraction, the numerator of which is the sum of such Lender’s Domestic Commitment, Tranche A-1 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, for any Lender, a fraction, the numerator of which is the sum of such Lender’s Commitment on the Determination Date and the denominator of which is the Aggregate Commitments 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 Domestic Commitments and Canadian Commitment on the Determination Date and the denominator of which is all Domestic Commitments and Canadian Commitments of all 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.

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.