Second Percentage definition

Second Percentage means the percentage resulting from: (a) taking the remainder ("Second Remainder") obtained by subtracting the SNL Southeast Bank Index reported most recently prior to the last trading day in the measuring period for calculating the Average MSBC Determination Price ("Recent SNL Bank Index") from the SNL Southeast Bank Index at July 22, 1997; and (b) dividing the Second Remainder by the Recent SNL Bank Index.

Second Percentage means the percentage of the aggregate Commitments (as such term is defined in the Second Credit Agreement on the date hereof) (excluding any such Commitments which have been suspended under Section 6.1 of the Second Credit Agreement (or any such amended provision of the Second Credit Agreement having the same effect)) which have been utilized and are outstanding as Advances (as such term is defined in the Second Credit Agreement on the date hereof);

Second Percentage means the percentage determined by dividing (X) $82,000 by (Y) the Cost. Purchaser's "Cost" means the decrease in the net operating income for any of the Properties caused by or resulting from or arising out of the untruth, inaccuracy, or incorrectness of any of Sellers' representations and warranties in this Agreement to the extent such decrease in net operating income is not properly reimbursable by tenants. Purchaser's "Loss" (i.e., the reduction in the net operating income from what such income would have been had such representation or warranty not been untrue, inaccurate, or incorrect), shall be calculated as follows: If such Cost would adversely affect the calculation of net operating income only for the time period ending on the first anniversary of the Closing Date, then Purchaser's Loss shall be the amount that net operating income would be decreased as a result of such Cost; if such Cost would adversely affect the calculation of net operating income only for one 12- month period ending after the first anniversary of the Closing Date, then Purchaser's Loss shall be calculated by discounting such Cost at a 12% discount rate and the Purchase Price will be reduced by the amount that net operating income would be reduced as a result of such discounted Cost; if such Cost would adversely affect the calculation of net operating income for the time period ending after the first anniversary of the Closing Date and for more than one 12-month period after such first anniversary, then Purchaser's Loss shall be calculated by capitalizing such Cost (at the rate of 10%) and Purchaser's Loss shall be remedied in one of

Examples of Second Percentage in a sentence

• Index) Determining Performance Factor* 25 25 26 26 27 27 28 28 29 29 30 30 32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40 40 41 41 42 42 43 43 44 44 45 45 46 46 47 47 48 48 49 49 50 50 51 52 52 54 53 56 54 58 55 60 56 62 57 64 58 66 59 68 60 70 61 72 62 74 63 76 64 78 65 80 66 82 67 84 68 86 69 88 70 90 71 92 72 94 73 96 74 98 75-99 100 Table 2 Proportionate Total Shareholder Return Company Performance (Percentile Relative to Other Second Percentage For Purposes of Companies in S&P Ins.

• By Ballston during the ten (10) day period commencing on the Determination Date (as hereinafter defined) if both of the following conditions are satisfied: (1) if the Average MSBC Share Price is less than $24.47; and (2) if the First Percentage exceeds the Second Percentage by at least ten (10) percentage points; subject, however, to the immediately following four sentences.

• Second Quarter Recycling Ounces Processed Comparison: 2014 2013 Second Second Percentage Quarter Quarter Change ---------- ---------- ---------- Total 134,300 175,000 (23.3)% Palladium 73,900 96,500 (23.4)% Platinum 50,300 65,200 (22.9)% Rhodium 10,100 13,300 (24.1)% Recycling sales volumes for the second quarter of 2014 decreased by 29.1%, to 101,400 ounces from 143,100 ounces sold in the second quarter of 2013.

More Definitions of Second Percentage

Second Percentage means the percentage for a particular Revenue Category as shown on EXHIBIT F-1.