Original Percentage definition

Original Percentage means the percentage equivalent to the quotient obtained when (a) the aggregate number of issued and outstanding Common Shares beneficially owned by the CBG Group is divided by (b) the aggregate number of issued and outstanding Common Shares, in each case, immediately prior to a Triggering Event, and, for the avoidance of doubt, such calculation shall be made on a non-diluted basis and shall not include Common Shares underlying unexercised Convertible Securities, including the Warrant.
Original Percentage means, when used in connection with a Triggering Event, the quotient, expressed as a percentage, obtained when (a) the aggregate number of Common Shares beneficially owned by the Altria Group is divided by (b) the aggregate number of issued and outstanding Common Shares, in each case, immediately prior to such Triggering Event; provided, for purposes of clause (b), such number shall exclude outstanding Common Shares resulting from any issuance with respect to which (i) Altria had a Pre-Emptive Right or Top-Up Right and (ii) (A) the period for exercise thereof shall not have expired or (B) to the extent Altria shall have exercised such Pre-Emptive Right or Top-Up Right, the closing of such sale shall not have occurred, in each case, as of immediately prior to such Triggering Event; provided, further, that such calculation shall be made on a non-diluted basis and shall not include Common Shares underlying unexercised Convertible Securities, including any underlying the Purchased Warrant. “Parties” and “Party” have the meanings ascribed to such terms in the Preamble.
Original Percentage means, when used in connection with a Triggering Event, the quotient, expressed as a percentage, obtained when (a) the aggregate number of Common Shares beneficially owned by the Altria Group is divided by (b) the aggregate number of issued

Examples of Original Percentage in a sentence

  • The number of Shares that may be subscribed for by the Purchaser pursuant to a Top-Up Right shall be equal to up to the Original Percentage (as determined at the start of the applicable quarter during which such Top-Up Securities are issued) expressed as a percentage of the Top-Up Securities.

  • Subject to the terms of the Agreement, the Percentage Interests of Standard Pacific and SPIC existing from time to time shall be determined by this Section 19.1. Standard Pacific’s Original Percentage Interest in the Company (the “SP Original Interest”) was equal to 16.666666%.

  • The Parties have included the Original Percentage Reduction in the Baseline Documentation and shall amend such values, if necessary, to reflect any final determination thereof by the Internal Revenue Service or court of competent jurisdiction.

  • Revised Original Percentage PercentageJune 30, 2010 June 30, 2010 June 30, 2009 Change Change Valuation Valuation Valuation Orig to Rev 2009 to 2010 Market Value of Pension Assets$ 25,763,644,836$ 25,763,644,836$ 24,973,886,9100.0% * Percentage is limited to 100%.** Accumulated active and inactive member contributions.^ Does not include impact of future investment income, member and State contributions, and increases in benefit payments.

  • From the date hereof until the first such time that it becomes known to the Company that an Observer Shareholder together with its Permitted Transferees collectively cease to hold, beneficially or of record, and have the power to vote or direct the voting of, at least such Observer Shareholder’s Original Percentage Threshold, theCompany agrees that such Observer Shareholder shall have the right to designate one (1) Board observer (an “ Observer ”).


More Definitions of Original Percentage

Original Percentage means the percentage identified in the "Grant % of Total Costs" line entry in the "Summary" section of the Named Project Details at the Acceptance Date or Additional Project Acceptance Date (as applicable) being the result of the following calculation expressed as a percentage:
Original Percentage means, relative to any Lender, the percentage set forth with respect to such Lender on SCHEDULE II.
Original Percentage means, relative to any Bank, the percentage set forth with respect to such Bank on the schedule attached hereto as Schedule 4 and (ii) "Closing Date Percentage" means, relative to any Bank, the percentage set forth with respect to such Bank on the schedule attached hereto as Schedule 4. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
Original Percentage means, when used in connection with a Triggering Event, the quotient, expressed as a percentage, obtained when
Original Percentage means, when used in connection with a Triggering Event, the quotient, expressed as a percentage, obtained when (a) the aggregate number of Common Shares beneficially owned by the Altria Group is divided by (b) the aggregate number of issued and outstanding Common Shares, in each case, immediately prior to such Triggering Event; provided, for purposes of clause (b), such number shall exclude outstanding Common Shares resulting from any issuance with respect to which (i) Altria had a Pre-Emptive Right or Top-Up Right and (ii) (A) the period for exercise thereof shall not have expired or (B) to the extent Altria shall have exercised such Pre-Emptive Right or Top-Up Right, the closing of such sale shall not have occurred, in each case, as of immediately prior to such Triggering Event; provided, further, that such calculation shall be made on a non-diluted basis and shall not include Common Shares underlying unexercised Convertible Securities, including any underlying the Purchased Warrant.
Original Percentage. The percent that the Note Principal Balance of each Class of Notes and the Imputed Principal Balance of the Equity Interest represents of the sum of the initial Note Principal Balance of all the Notes and the Imputed Principal Balance of the Equity Interest, specifically: Class A 4.0000053672% Class B 5.9000000000% Class C 13.0000117904% Class D 67.4002159342% Equity Interest 9.5997701634% If as a result of the allocation of Realized Losses to the Equity Interest, the Imputed Principal Balance of the Equity Interest is reduced to zero while any Class of Notes is still outstanding (or thereafter the Note Principal Balance of one or more Classes of Notes has been reduced to zero in accordance with the terms of Section 12.01(a) while at least one other Class of Notes remains outstanding), the Original Percentages of each remaining Class of Notes will be recalculated based on the percentage that the initial Note Principal Balance of each Class of Notes then Outstanding constitutes of the sum of such aggregate initial Note Principal Balances.
Original Percentage means, when used in connection with a Triggering Event, the quotient, expressed as a percentage, obtained when (a) the aggregate number of Common Shares beneficially owned by the Archerwill Group is divided by (b) the aggregate number of issued and outstanding Common Shares, in each case, immediately prior to such Triggering Event; provided, for purposes of clause (b), such number shall exclude outstanding Common Shares resulting from any issuance with respect to which (i) the Holder had the Pre-Emptive Right and (ii) (A) the period for exercise thereof shall not have expired or (B) to the extent the Holder shall have exercised such Pre-Emptive Right, the closing of such sale shall not have occurred, in each case, as of immediately prior to such Triggering Event; provided, further, that the calculation of both clause (a) and clause (b) shall be made on a partially-diluted basis with respect to the Holder’s holdings of this Debenture (including any and all accrued and unpaid interest thereon) and the Warrants and shall include Common Shares underlying this Debenture to the extent unexercised (including any and all accrued and unpaid interest thereon) and Warrants, but shall not include Common Shares underlying unexercised Convertible Securities, other than this Debenture and the Warrants.