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
Applicable, for the purpose of Payout Condition 1.2(c)(i)(A), Minimum Percentage is applicable.
On the first ballot, candidates receiving the highest number of votes, up to the number of Directors to be elected, shall be elected as Directors, provided that, to be elected, a candidate shall have received a sufficient number of votes to reach the applicable Minimum Percentage.
Each Adjustment Percentage shall be higher than the corresponding Minimum Percentage.
The initial Minimum Percentage for Regional Directors shall be 6%.
The initial Minimum Percentage for Non-Regional Directors shall be 15%.
More Definitions of Minimum Percentage
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 means, for any Calculation Period, the sum of (a) 0.15 plus (b) the product of (i) the Expected Dilution Ratio and (ii) the Dilution Horizon Ratio.
Minimum Percentage means 40%. From 2022 it means 45%. From 2025 it means 50%;
Minimum Percentage has the meaning set forth in Section 3.10(a)(i).
Minimum Percentage means 25% of the issued and outstanding Shares.
Minimum Percentage means twenty-one percent (21%).
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.