Shortfall Percentage means, as of any Business Day, with respect to any Fund Share Class, the greater of (I) the ratio of (a) the difference of (i) the Protected NAV per Share of such Fund Share Class as of such Business Day minus (ii) the NAV Per Share of such Fund Share Class as of such Business Day and (b) the NAV Per Share of such Fund Share Class as of such Business Day and (II) zero.
Shortfall Percentage for any period means the percentage obtained by multiplying 100% times the quotient of the Performance Shortfall for such period divided by the Performance Target for such period.
Shortfall Percentage means, (i) with respect to any Settlement Date beginning on the sixth (6th) Settlement Date following the Closing Date and prior to the twelfth (12th) Settlement Date following the Closing Date, an amount equal to the excess, if any, of (x) 50% minus (y) the percentage equal to (A) the average Total Utilization of Revolving Commitments during the immediately preceding Collection Period divided by (B) the Revolving Commitments during the immediately preceding Collection Period; and (ii) with respect to any Settlement Date beginning on the twelfth (12th) Settlement Date following the Closing Date, an amount equal to the excess, if any, of (x) 75% minus (y) the percentage equal to (A) the average Total Utilization of Revolving Commitments during the immediately preceding Collection Period divided by (B) the Revolving Commitments during the immediately preceding Collection Period.
Examples of Shortfall Percentage in a sentence
If the Project Shortfall Percentage is 20% or less, there shall be no Community Recovery Payment due.
If an Annual Report shows that, for the immediately preceding Annual Report Year, there is a Project Shortfall Percentage, then, the Company, in such Annual Report, shall calculate the amount of the “Recovery Payments,” and shall pay the same, all pursuant to and as defined in the Incentives Schedule.
AOL's failure to provide an agreed upon percentage (the "Shortfall Percentage") of the number of total Impressions due to Preview [*] = CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION.
If the Project Shortfall Percentage is 10% or less, no Recovery Payment is due.
If the Shortfall Percentage is 10% or less, no 2006 Performance Shares shall be issued to the Investors.
More Definitions of Shortfall Percentage
Shortfall Percentage means the quotient obtained by dividing the 2006 Percentage Shortfall by the 2006 Target Profit.
Shortfall Percentage means, (i) with respect to any Settlement Date beginning on the sixth (6th) Settlement Date following the Closing Date and prior to the twelfth (12th) Settlement Date following the Closing Date, an amount equal to the excess, if any, of (x) 50% m inus (y) the percentage equal to (A) the average Total Utilization of Revolving Commitments during the immediately preceding Collection Period d ivided by (B) the Revolving Commitments during the immediately preceding Collection Period; and (ii) with respect to any Settlement Date beginning on the twelfth (12th) Settlement Date following the Closing Date, an amount equal to the excess, if any, of (x) 75% m inus (y) the percentage equal to (A) the average Total Utilization of Revolving Commitments during the immediately preceding Collection Period d ivided by (B) the Revolving Commitments during the immediately preceding Collection Period.
Shortfall Percentage have the meanings set forth m Section 4.1. 1.50 “Specifications” means the procedures, requirements, standards, quality control testing and other data and the scope of services as set forth in Attachment B, as modified from time to time in accordance with Article 8. 1.51 “Supply Failure” has the meaning set forth in Section 4.8. 1.52 “Term” has the meaning set forth in Section 16.1. 1.53 “Territory” means those countries set forth in Schedule 1.51, as modified and agreed to by the parties from time to time in an amendment to this Agreement. Catalent shall make commercially reasonable efforts to accommodate additional countries, but shall not be obliged to Process Products for sale in any of such countries if it is prevented from doing so, or would be required to obtain or apply for special permission to do so with an unreasonable or significant level of effort, due to any restrictions (such as embargoes) imposed on it by any governmental authorities, including without limitation, those imposed by the U.S. Office of Foreign Assets Control. 1.54 “Unit Pricing” has the meaning set forth in Section 7.1(B). 5 [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. CONFIDENTIAL 1.55 “Validation Services” has the meaning set forth in Section 2.1. 1.56 “Vendor” has the meaning set forth in Section 3.2(B). ARTICLE 2
Shortfall Percentage have the meanings set forth m Section 4.1.
Shortfall Percentage means, with respect to any Member, such Member's Shortfall Percentage as set forth in Appendix A hereto.
Shortfall Percentage means the percentage obtained by subtracting the Average Commitment Percentage from 80%, if such calculation would produce a positive number.
Shortfall Percentage has the meaning set forth in Section 2.1(c).