Transaction Percentage definition

Transaction Percentage means, with respect to each Group Entity, the percentage set forth opposite such Group Entity’s name on Annex A hereto.

Transaction Percentage means (x) the sum of (i) the product of 33.3% and a fraction, the numerator of which is the number of months (rounded down to the nearest whole number) occurring since the most recently occurring Determination Date prior to the Change of Control or if no Determination Date has occurred, the Grant Date, and the denominator of which is 12 and (ii) 0% if the Change of Control occurs prior to the first Determination Date, 33.3% if the Change of Control occurs between the first and second Determination Dates, or 66.7% if the Change of Control occurs between the second and third Determination Dates minus (y) any percentage of the Award Earned prior to the occurrence of the Change of Control and the application of Section 6.

Transaction Percentage means, with respect to each Participating Equityholder, the quotient, expressed as a percentage, of (a) the number of Participating Shares owned by such Participating Equityholder immediately before the Effective Time, divided by (b) the aggregate number of Participating Shares.

Examples of Transaction Percentage in a sentence

• For the avoidance of doubt, the Transaction Percentage shall not change as a result of the payment of any Cash Settlement Amounts.

• Subject to adjustment pursuant to Section 5.2 below, the aggregate Predetermined Transaction Percentage shall not exceed 75% of the Potentia Transaction Payment.

• A more complex reflex is the nociceptive withdrawal (or flexion) reflex (NWR/NFR) which causes a withdrawal response due to painful stimuli.

• On each of the first five anniversaries of the Earn Out Commencement Date, the Buyer shall pay to the Sellers’ Representative, on behalf of the Company Securityholders, the Minimum Guaranteed Earn Out Payment applicable for such anniversary, and the Sellers’ Representative shall distribute such Minimum Guaranteed Earn Out Payment to the Company Securityholders in accordance with their Adjustment Amount Transaction Percentage.

• The Transaction Percentage that applies to your Initial Transaction is set out at clause A.7.1.B.1.2. The Transaction Percentage at clause A.7.1 only applies to your Initial Transaction.

More Definitions of Transaction Percentage

Transaction Percentage means, with respect to (a) Xxxxx NewCo: 98.21%, and (b) with respect to GPS NewCo: 1.79%.

Transaction Percentage means, with respect to each Securityholder, the quotient, expressed as a percentage, obtained by dividing (x) the sum of the Share Consideration payable to such Securityholder, if any, pursuant to Section 2.1 plus the Option Consideration payable to such Securityholder, if any, pursuant to Section 2.2 plus, with respect to any Securityholder that is a Management Seller, such Management Seller’s Rollover Contribution Amount by (y) the sum of the Estimated Purchase Price plus the aggregate Rollover Contribution Amounts of all Management Sellers.

Transaction Percentage means, with respect to each Seller, holder of Options and Transaction Bonus Recipient, the percentage designated as “Transaction Percentage” and set forth opposite such Person’s name on the Closing Spreadsheet, which shall initially be equal to the percentage of the Initial Purchase Price that such Person is entitled to pursuant to the terms hereof and thereafter adjusted from time to time, as necessary, pursuant to each of Section 2.6(a), Section 2.6(b), Section 2.6(c) and Section 2.6(e); provided, that at all times the aggregate Transaction Percentages shall equal 100%.

Transaction Percentage means the percentage for each Securityholder set forth in Section 1 of the Disclosure Schedule.

Transaction Percentage means, with respect to each Securityholder, the percentage equal to (i) the proceeds payable to such Securityholder pursuant to Section 2.1(a)(i), Section 2.7(b)(i), Section 2.8(a)(i), Section 2.8(b), Section 2.8(d) and Section 2.9(a) divided by (ii) the Aggregate Upfront Transaction Consideration.

Transaction Percentage means, with respect to any Purchaser, a fraction, the numerator of which is such Purchaser’s aggregate Purchase Price payable for its Purchased Shares at the Closing pursuant to Section 2.1(b) and the denominator of which is the aggregate Purchase Price payable by all of the Purchasers for their Purchased Shares at the Closing pursuant to Section 2.1(b).

Transaction Percentage means, the pro rata amount set forth on the Payment Schedule, which shall be, with respect to each Equityholder, the percentage equal to (a) the number of (i) shares of Common Stock owned and held by such Equityholder as of the Closing Date plus (ii) shares of Common Stock into which such Equityholder’s In-the-Money Options are exercisable as of the Closing Date and (b) divided by the number of Fully Diluted Shares as of the Closing Date.