Option Percentage definition

Option Percentage has the meaning set forth in Section 6.2(g)(ii).

Option Percentage is the Option Amount divided by the death benefit.

Option Percentage means the amount determined annually by the Committee pursuant to Section 6.1.

Examples of Option Percentage in a sentence

• The Transferor shall also have the option of increasing, reducing or withdrawing the Discount Option Percentage, at any time and from time to time, without notice to or the consent of any Noteholder, on or after such Discount Option Date.

• Discount Option Receivables created on any Date of Processing shall mean the product of the amount of any Receivables created on such Date of Processing and the applicable Discount Option Percentage.

• The Option Percentage is the percentage of the Forward Underwriting Cover Amount that may be exercised to buy cover upon the occurrence of certain ‘Business Events’, ‘Personal Events’ or ‘Other Events’.

• For purposes of this Section 3.3, "Proportionate Amount" means a principal amount determined by multiplying (i) the amount to be raised by the Company by (ii) Univision's then existing Option Percentage.

• Univision's Option Percentage shall also proportionately increase upon purchase by the Company of any Class A Non-Managing Membership Units outstanding on the Effective Date or the non-issuance of any Class A Non- Managing Membership Units contemplated to be issued in the Reorganization which are not so issued.

More Definitions of Option Percentage

Option Percentage means (i) if the Triggering Event giving rise to the exercise of the Option shall have occurred as a result of the $10,662,000 Termination Amount provided for in Section 8.3 of the Merger Agreement becoming payable, 9.9% and, (ii) if the Triggering Event giving rise to the exercise of the Option shall have occurred as a result of the $42,648,000 Termination Amount provided for in Section 8.3 of the Merger Agreement becoming payable, 19.9%

Option Percentage for any Option Holder means the quotient of (a) the Option Cancellation Payment for such Option Holder divided by (b) the Total Proceeds.

Option Percentage means the quotient (expressed as a percentage) obtained by dividing (a) the aggregate number of shares of Company Common Stock issuable upon exercise of all Options that are outstanding as of immediately prior to the Effective Time by (b) the Fully Diluted Share Number.

Option Percentage means, as of the date of this Agreement, 3.4126%; provided, however, that if, as a result of an issuance of stock in any entity owning the FFS Business after the date of this Agreement and prior to the Public Event, the Company's ownership interest in such entity is reduced below 100% and the consideration for such issuance remains in the FFS Business, the "Option Percentage" as of any date shall be the product of 3.4126% and the Company's then-proportionate equity interest in such entity.

Option Percentage means the percentage notified as such by ninemsnCo (or its nominee) to Monster but not more than 50%.

Option Percentage has the meaning set forth in Section 9.6. -------- *** Confidential information omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission.

Option Percentage means 2% (if a termination described in this subparagraph 10(b)(iv) occurs during the First Year), or 3% (if such a termination occurs during the Second Year), or 4% (if such a termination occurs during the Third Year); and