Shortfall Percentage definition
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 the quotient obtained by dividing the 2006 Percentage Shortfall by the 2006 Target Profit.
Examples of Shortfall Percentage in a sentence
If the Project Shortfall Percentage is 20% or less, there shall be no Community Recovery Payment due.
The average of the Community Jobs Shortfall Percentage and the Community Investment Shortfall Percentage shall be the “Project Shortfall Percentage,” which shall also be calculated and stated in the Annual Report.
The amount consists of the acquisition cost of treasury shares net of the proceeds received on their subsequent sale or issuance.
The number of 2006 Performance Shares shall be calculated by (A) subtracting the 2006 Net Profit from the 2006 Target Profit to obtain the 2006 Performance Shortfall, (B) dividing the 2006 Performance Shortfall by the 2006 Target Profit to obtain the Shortfall Percentage and (C) multiplying the Shortfall Percentage by the number of shares of Common Stock (issuable upon conversion of the Series B) originally issued to the Investors under this Agreement.
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, (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.
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 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 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 means, as of any Transfer Restriction Removal Date, an amount, expressed as a percent, equal to lesser of (a) (1) seventy-five percentage points minus (2) expressed as a percent, the Stock Price as of such Transfer Restriction Removal Date divided by the Applicable Stock Price and (b) (1) seventy-five percentage points minus (2) expressed as a percent, the Industry Ratio as of such Transfer Restriction Removal Date divided by the Applicable Industry Ratio; provided, however, that, if the Stock Price as of Closing is less than seventy-five percent (75%) of the Applicable Stock Price, then the reference in clause (a) of this definition to “the Applicable Stock Price” shall be replaced with “seventy-five percent (75%) of the Applicable Stock Price” and the reference in clause (b) of this definition to “the Applicable Industry Ratio” shall be replaced with “seventy-five percent (75%) of the Applicable Industry Ratio.”
Shortfall Percentage means the sum of any Customer Number Shortfall Percentage (if greater than zero) and any ARPU Shortfall Percentage (if greater than zero).