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

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:

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.

• 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 ”).

• Upon repurchase of all of its Transferred Interest(s) pursuant to this Section such that its Original Percentage is restored, any Units of the Noncontributing Member converted to Non-Voting Units shall be converted back to Voting Units and such Noncontributing Member shall again become a Managing Member.

More Definitions of Original Percentage

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, relative to any Lender, the percentage set forth with respect to such Lender on SCHEDULE II.

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 means, when used in connection with a Triggering Event, the quotient, expressed as a percentage, obtained when

Original Percentage means, relative to any Bank, the percentage set forth with respect to such Bank on the schedule attached hereto as Schedule 11.20 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 11.20. [Intentionally left blank]

Original Percentage means, relative to any Bank, the percentage set forth with respect to such Bank on the schedule attached hereto as Annex 4 and (ii) "Effective Date Percentage" means, relative to any Bank, the percentage set forth with respect to such Bank on the schedule attached hereto as Annex 4.

Original Percentage shall have the meaning set forth in Section 4.3(b)(i)(A) hereof.