Percentage Limitation definition

Percentage Limitation. The definition of "Percentage Limitation" contained in Section 1.1 of the Standstill Agreement is hereby amended by the deletion thereof in its entirety and the substitution of the following in lieu thereof:

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Percentage Limitation has the meaning set forth in Section 7.2(a).

Percentage Limitation means 10.7% of the total number of shares of the Common Stock outstanding from time to time, or such lesser percentage as Bull Run may own from time to time, but in no event less than 10.1% (the computation of the Percentage Limitation shall not include any shares of the Common Stock issuable or issued upon the exercise of the Warrants or issuable upon conversion or exercise of any other outstanding convertible or exchangeable securities)."

Examples of Percentage Limitation in a sentence

Compensated Employee must satisfy the Deferral Percentage Limitation under Code Section 408(k)(6) and paragraph 1.4 herein.
Amounts in excess of the Deferral Percentage Limitation will be deemed excess SEP contributions on behalf of the affected Highly Compensated Employee.
In addition, if the Servicer grants extensions with respect to any Receivables in excess of the Aggregate Extension Percentage Limitation, the Servicer will promptly purchase such Receivables from the Trust in accordance with the terms of Section 4.7 hereof (and for purposes thereof, such Receivables shall be deemed to be materially and adversely affected by such breach).
In addition, Executive will not, and will cause his Affiliates not to, make any public announcement with respect to, or submit any proposal for or with respect to (i) the acquisition of Beneficial Ownership of any Securities if the effect of such acquisition would be to cause the Beneficial Ownership of Executive and his Affiliates to exceed the Percentage Limitation.
If any action of the Company or any of its Affiliates, including a buy back of capital stock of the Company, increases the Total Voting Power Beneficially Owned by Stockholder above 25.0% of the Total Voting Power outstanding at the time of measurement, Stockholder shall be deemed to own no more than the Percentage Limitation applicable at such time and shall not be required to dispose of any of its Restricted Securities.

More Definitions of Percentage Limitation

Percentage Limitation has the meaning set forth in Section 3.1 of the Agreement.

Percentage Limitation means the lesser of: (i) all of the shares of stock of CAC Canada owned or at any time and from time to time acquired by the Company or any other Debtor and (ii) sixty-five percent (65%) of the aggregate share capital of CAC Canada at any time or from time to time issued and outstanding determined in accordance with Section 956 of the Internal Revenue Code of 1986, as amended from time to time, and the regulations promulgated thereunder.

Percentage Limitation means 100% of the average of Allowable Compensation (as defined in Article 2) paid or accrued over the three (or the Participant’s actual number of years of Service, if fewer) consecutive Limitation Years included in the Participant’s Service which produce the highest average. If a Participant has completed less than ten years of Service with a Member Employer, this limitation shall be adjusted by multiplying such amounts by a fraction, the numerator of which is the Participant’s number of years of Service (or part thereof), and the denominator of which is ten. In no event shall the reduction for less than 10 years of Service reduce this limitation to an amount less than one-tenth of the applicable limitation (as determined without regard to this paragraph).

Percentage Limitation means the limitation on reimbursement of Project Costs from Public Financing Proceeds set forth in 4.02(e) hereof.

Percentage Limitation means:

Percentage Limitation means the limitation (expressed as a percentage of the Member’s compensation) on the amount of the Member’s Before-Tax Member Contributions (other than Catch-Up Contributions) for any Plan Year, as described in Section 4.1 of the Plan.

Percentage Limitation means 25.0% of the Total Voting Power outstanding as of the date of measurement. If, on June 30, 2001, Stockholder is the beneficial owner of less than 20.0% of the Total Voting Power outstanding at that date, the Percentage Limitation for the period following that date will be reduced to the greater of (i) the Total Voting Power Beneficially Owned by Stockholder or (ii) 15.0%; provided, however, that if the percentage ownership limitations (i) that would trigger the effects of the rights issued under the New Rights Agreement (or any successor rights agreement) with respect to any third party and (ii) that are contained in the definitions of "interested stockholder" in ss.203 and Article Tenth, are hereafter modified to a number that is higher than 15.0%, the Percentage Limitation will be equal to such higher limit.