Put Percentage definition

Put Percentage means the put percentage set forth on Schedule I.
Put Percentage means the percentage of the Cuattro Performance Put Units to the total number of Units outstanding as of the date of any Cuattro Performance Put Notice.
Put Percentage is defined in the definition of “Put Royalty Payment Tranche.”

Examples of Put Percentage in a sentence

  • The applicable percentage of issued and outstanding shares of Communication Stock subject to the Expiration Put is referred to herein as the "Expiration Put Percentage." For the avoidance of doubt, the parties agree that the existence of the Expiration Put shall not relieve Publicis or Communication from their respective obligations pursuant to Section 1.2 to use their respective best efforts to offer and list the Communication Stock.

  • The purchase price shall be equal to the fair market value of the Joint Venture, as established by mutual agreement or by the decision of the Wise Man, multiplied by the Put Percentage.

  • The purchase price to be paid by Outback shall be equal to the fair market value of the Joint Venture as of the date Roy’s exercises its put option, multiplied by the Put Percentage.

  • The written notice (the “Exercise Notice”) shall state the proposed fair market value of the Joint Venture, a detailed explanation of the valuation methodology and supporting information utilized by Roy’s in arriving at said fair market value and the Put Percentage.

  • The percentage interest in the entire Joint Venture being sold under these put options is referred to herein as the "Put Percentage".

  • Acknowledged and agreed this ___ day of , 2011 Name: Witness SCHEDULE I [Executive Name] Participation Threshold Granted Units Number per Class F Unit Series 1 Class F Units: $ 0.00 [Put Percentage [_____]%]9 9 NTD: Only for top-level executives.

  • The written notice (the "Exercise Notice") shall state the proposed fair market value of the Joint Venture, a detailed explanation of the valuation methodology and supporting information utilized by Roy's in arriving at said fair market value and the Put Percentage.

  • The purchase price to be paid by Outback shall be equal to the fair market value of the Joint Venture as of the date Roy's exercises its put option, multiplied by the Put Percentage.

  • OSSI further irrevocably agrees to guaranty the payment obligations of [OUTBACK SUBSIDIARY] to pay Roy’s the purchase price for the Put Percentage upon Roy’s exercise of its put option(s) and provided such acquisition by Outback is not dilutive.


More Definitions of Put Percentage

Put Percentage for the Monarch Funds shall be 33.3%, the aggregate “Put Percentage” for the York Funds shall be 33.3% and the aggregate “Put Percentage” for the Whitebox Funds shall be 33.3% (subject to adjustment as described below), allocated among the relevant funds as set forth on the signature pages hereto. In the event any Electing Holder or any Put Option Party fails to purchase any portion of its allocated portion of Convertible Notes in accordance with the terms of this Agreement and the Purchase Agreement (whether in accordance with Section 1.01, 1.02 or 1.03(a)) (each a “Defaulting Party”), the Subscription Deficiency shall be increased to reflect the failure of each Defaulting Party to purchase such Convertible Notes and each Put Option Party which is not a Defaulting Party (each a “Non-Defaulting Put Option Party”) will be obligated to purchase its pro rata share of any such increase (the “Remaining Convertible Notes”), calculated by multiplying a percentage (the numerator of which is such Non-Defaulting Put Option Party’s Put Percentage and the denominator of which is the sum of the Put Percentages for all Non-Defaulting Put Option Parties) by the number of Remaining Convertible Notes; provided, that the Put Option Party’s Put Percentage shall be adjusted accordingly; provided further, that in no event shall any Put Option Party be obligated to purchase Convertible Notes (including any Remaining Convertible Notes) in excess of such Put Option Party’s Maximum Backstop Amount. The “Maximum Backstop Amount” for the Monarch Funds collectively (on a several and not joint basis) shall be $18.33 million and for the Monarch Funds severally shall be according to the percentages set forth on the signature pages hereto. The “Maximum Backstop Amount” for the York Funds collectively (on a several and not joint basis) shall be $18.33 million and for the York Funds severally shall be according to the percentages set forth on the signature pages hereto. The “Maximum Backstop Amount” for the Whitebox Funds collectively (on a several and not joint basis) shall be $18.33 million and for the Whitebox Funds severally shall be according to the percentages set forth on the signature pages hereto.
Put Percentage means a fraction, the numerator of which is the sum of the aggregate Class A Unpaid Yield and the aggregate Class A Unreturned Capital of all outstanding Class A Units requested to be redeemed by the Requesting Class A Members pursuant to the applicable Put Notice and the denominator of which is the sum of the aggregate Class A Unpaid Yield and the aggregate Class A Unreturned Capital of all outstanding Class A Units held by the Requesting Class A Members.
Put Percentage has the meaning given to it in Section 5.1.

Related to Put Percentage

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Payout Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 2, which shall be used to determine the value of each Performance Unit.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Target Percentage means those percentages assigned to Participants pursuant to Section 3.2 hereof.

  • Cash Percentage shall have the meaning specified in Section 14.02(a)(iii).

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • Investment Percentage means a percentage established for each Partner on the Partnership's books as of the first day of each Fiscal Period. The Investment Percentage of a Partner for a Fiscal Period will be determined by dividing the balance of the Partner's Capital Account as of the commencement of the Fiscal Period by the sum of the Capital Accounts of all of the Partners as of the commencement of the Fiscal Period. The sum of the Investment Percentages of all Partners for each Fiscal Period will equal 100%.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of all Revolving Loans then outstanding; provided that in the event that the Revolving Loans are paid in full prior to the reduction to zero of the Total Revolving Commitments, the Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding Revolving Extensions of Credit shall be held by the Revolving Lenders on a comparable basis.

  • Designated Percentage shall have the meaning set forth in Section 1(a) hereof.

  • Term Percentage as to any Term Lender at any time, the percentage which such Lender’s Term Commitment then constitutes of the aggregate Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Term Loans then outstanding constitutes of the aggregate principal amount of the Term Loans then outstanding).

  • Discount Percentage shall have the meaning specified in Section 2.11.

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Non-PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is the Required Coupon. As to any Non-Discount Mortgage Loan, 100%.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Funding Percentage means with respect to any Payment Date, the percentage derived from the fraction the numerator of which is the Pre-Funded Amount and the denominator of which is the sum of the aggregate Principal Balance of Receivables transferred to the Trust and the Pre-Funded Amount, in each case, as of the last day of the related Collection Period.

  • CAM Percentage means, as to each Lender, a fraction, expressed as a decimal, of which (a) the numerator shall be the aggregate Dollar Equivalent of the Designated Obligations owed to such Lender (whether or not at the time due and payable) immediately prior to the CAM Exchange Date and (b) the denominator shall be the aggregate Dollar Equivalent amount of the Designated Obligations owed to all the Lenders (whether or not at the time due and payable) immediately prior to the CAM Exchange Date.

  • Allocable Percentage means, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency, bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

  • Final Payment Percentage is five percent (5.00%).

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.