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 25% of the vested units until the corresponding Holdback Delivery Date for each Vesting Date.
Examples of Retention Percentage in a sentence
The percentage to be retained shall be the Retention Percentage in relation to work which has not reached completion and half the Retention Percentage in relation to work which has reached completion but in respect of which no Certificate of Making Good Defects has been issued.
More Definitions of Retention Percentage
Retention Percentage means the percentage set out in the Purchase Order. “Site” means the location where the Work is to be performed.
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 percentage stated in the Appendix I under reference to sub-clause 41.9;
Retention Percentage means the percentage set out in the Purchase Order.