Retention Percentage definition

Retention Percentage is, as of any date of determination, one hundred percent (100.0%) minus the Annualized Churn Rate.

Retention Percentage means five per cent, or a percentage determined under division (D) of this section, of a member's earnable salary in the case of a member of the public employees retirement system or five per cent, or a percentage determined under division (D) of this section, of a member's compensation in the case of a member of the state teachers retirement system or school employees retirement system.

Retention Percentage means the percentage set out in the Purchase Order. “Site” means the location where the Work is to be performed.

Examples of Retention Percentage in a sentence

• The Aggregate Retention shall be calculated by multiplying the Aggregate Retention Percentage by the Total Initial Principal Balance.

• Aggregate Retention Percentage - means the percentage specified as such on the Declarations Page of this Policy.

• Minimum Insured Aggregate Retention – means an amount equal to the Minimum Insured Aggregate Retention Percentage multiplied by the Total Initial Principal Balance.

• Minimum Insured Aggregate Retention Percentage – means one-quarter of one percent (0.25%).Mixed-Use Property - means a dwelling that features distinct functional use for both residential and commercial business purposes including, for example but not limited to, a two-story structure in which one floor serves as a commercial business (e.g., shop, office space, etc.) and the other floor serves as residential space for the owner of the dwelling and the commercial business.

• Aggregate Retention Percentage - means the percentage specified as such on the Declarations Page of this Policy.Aggregate Retention Transferee – means a party to whom the Insured may transfer a portion of the Insured's Aggregate Retention; provided, however, the Insured must maintain the Minimum Insured Aggregate Retention.

More Definitions of Retention Percentage

Retention Percentage means 25% of the vested units until the corresponding Holdback Delivery Date for each Vesting Date.

Retention Percentage means the relevant percentages specified in the Sub- Contract Order or, where no percentages are so specified, five per cent (5%) up to the date of practical completion of the Sub-Contract Works and then two and a half per cent (2.5%) after the date of practical completion of the Sub-Contract Works up to the end of the Rectification Period.

Retention Percentage means: (i) with respect to a Withdrawal for Cause, 50% and (ii) with respect to a Resignation or Retirement, 70%.

Retention Percentage means the relevant retention percentage specified in the Works Contract which deals with the physical delivery of the Project with each Contractor (where more than one) as to the relevant phase of Works or reference period specified in the relevant Works Contract in a form that is compliant with the requirements of clause 5.2.7 of this Agreement

Retention Percentage means 25% of the vested units until the corresponding Holdback Delivery Date, at which time it shall be 0%.

Retention Percentage means the amount, expressed as a percentage of the Funding Contribution, set out in Item 10 of the Reference Schedule; 'Special Conditions' means the Special Conditions, if any, described in Item 13 of the Reference Schedule; 'Start Date' means the date this Agreement is signed by the last party to sign this Agreement; 'State Government' includes the Queensland Government, any of its departments or divisions, Ministers, government-owned corporations, any agent or representative of the State, or a corporation or body constituted for a public purpose of the State. 'Tax Invoice' has the meaning given to that term in the GST Legislation;

Retention Percentage means the percentage set out in the Purchase Order.