Minimum Percentage definition

Minimum Percentage means 3% of the number of outstanding shares of common stock of the Corporation as provided in the most recent 1934 Act filing made by the Corporation with the SEC immediately prior to the submission of the Nomination Notice.
Minimum Percentage means 100% or such other percentage(s) as may be otherwise mutually agreed from time to time by Addendum to this Agreement; and (iii) the term "Business Day" shall mean any day other than a Saturday, Sunday, public holiday under the laws of the Lending Agent's principal place of business or other day on which Lending Agent is authorized or obligated to close in such place and shall mean, with reference to any security (or the transfer of any security or collateral in respect thereof ) hereunder, a Business Day on which regular settlement occurs in the principal market for such security.
Minimum Percentage means 40% of positions. From 1 January 2022 it means 45%; and from 1 January 2025 it means 50%. If the calculation to determine the minimum percentage results in a fraction of more than one-half, then the minimum percentage shall be the next higher whole number, and where it results in a fraction of one half or less it shall be the next lower whole number.

Examples of Minimum Percentage in a sentence

  • Yes, Vendor agrees 3 Minimum Percentage Discount Offered to TIPS Members on all Goods and Services (READ 6 CAREFULLY) Please read thoroughly and carefully as an error on your response can render your contract award unusable.


More Definitions of Minimum Percentage

Minimum Percentage means, for any Calculation Period, the sum (expressed as a percentage) of (a) the Concentration Reserve Percentage, plus (b) the product of (i) the Expected Dilution Ratio and (ii) the Dilution Horizon Ratio.
Minimum Percentage means, at any given time, a fraction (expressed as a percentage), with the numerator being the number of shares, in the aggregate, held by such Stockholder at such time and the denominator being the number of shares of Common Stock, in the aggregate, held by such Stockholder immediately following the closing of the IPO (including any additional closing pursuant to the underwriters’ over-allotment option).
Minimum Percentage has the meaning set forth in Section 3.10(a)(i).
Minimum Percentage means 40%. From 2022 it means 45%. From 2025 it means 50%;
Minimum Percentage means twenty-one percent (21%).
Minimum Percentage means 25% of the issued and outstanding Shares.
Minimum Percentage means the product of (x) the percentage of the total equity of MAXXAM Inc. directly or indirectly beneficially owned by the Beneficiaries as of December 18, 1998 times (y) 80%.