Adjustment Percentage Sample Clauses

The Adjustment Percentage clause defines a specific percentage by which certain values, such as prices, rates, or payments, may be increased or decreased under the terms of an agreement. This clause typically applies to situations where costs are subject to change due to market fluctuations, inflation, or other predefined factors, and it sets out the exact percentage to be used for such adjustments. By establishing a clear and agreed-upon adjustment mechanism, the clause helps both parties manage financial risk and maintain fairness in the contract as circumstances change.
Adjustment Percentage. In order to adjust voting power across constituencies when subsequent rounds of balloting are required under paragraph 7 below, the Board of Governors shall establish, for each election, an Adjustment Percentage for Regional Directors and an Adjustment Percentage for Non- Regional Directors. Each Adjustment Percentage shall be higher than the corresponding Minimum Percentage. (a) The Adjustment Percentage for Regional Directors shall be set as a percentage of the total votes eligible to be cast in the election by the Regional Governors. The initial Adjustment Percentage for Regional Directors shall be 15%. (b) The Adjustment Percentage for Non-Regional Directors shall be set as a percentage of the total votes eligible to be cast in the election by the Non-Regional Governors. The initial Adjustment Percentage for Non-Regional Directors shall be 60%.
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Adjustment Percentage. “Adjustment Percentage” shall mean, in the case of the reduction in the Defaulting Member’s interest in the Company pursuant to Section 3.5(a)(ii) of this Agreement, a fraction, expressed as a percentage, the numerator of which is the Defaulted Portion of the Defaulting Member’s Interest in the Company and the denominator of which is the Defaulting Member’s Horizontal Ownership Percentage (determined immediately prior to the Non-Defaulting Member’s purchase).
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Adjustment Percentage. In order to adjust voting power across constituencies when subsequent rounds of balloting are required under paragraph 7 below, the Board of Governors shall establish, for each election, an Adjustment Percentage for Regional Directors and an Adjustment Percentage for Non-Regional Directors. Each Adjustment Percentage shall be higher than the corresponding Minimum Percentage.
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Adjustment Percentage. (Subtotal 2) 27% No Adjustment Percentage (Subtotal 3) 0% Satisfactory Performer Adjustment Percentage (Subtotal 7) 0%
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Adjustment Percentage. 2 ARTICLE 2 ..................................................................... 3 PARCEL ................................................................... 3 2.1 Definition .................................................. 3 2.2 Condition ................................................... 3
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Adjustment Percentage. “Group III Adjustment Percentage” shall mean the quotient of (i) $8,069,155 less the Group III Transfer Amount divided by (ii) the Total Gross Amount.
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Adjustment Percentage. “Group I Adjustment Percentage” shall mean the quotient of (i) the sum of $13,000,000 plus the Group II Transfer Amount plus the Group III Transfer Amount, divided by (ii) the Total Gross Amount.
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Adjustment Percentage. Adjustment Percentage shall mean the product of the Adjustment Differential multiplied by the Aggregate CPI, rounded to the nearest ten thousandth (1/100 of 1%).
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Adjustment Percentage a. BANDAG Retreads (excluding Intermodal Retreads) failing due to defects in workmanship or materials other than casings defects: i. If the tread has not separated from the casing: 100% to 75% 100% 74% down to 5/32nds of usable tread Percentage of usable tread depth remaining 4/32nds and below 0% ii. If the tread has separated from the casing: 1st through 16th weeks 100% 17th through 32nd weeks 75% 33rd through 48th weeks 50% 49th through 64th weeks 25% more than 64 weeks 0% b. BANDAG Retreads (excluding Intermodal Retreads) failing due to casing defects: i. If the tread has not separated from the casing: 100% to 75% 100% 74% down to 50% of usable tread Percentage of usable tread depth remaining 49% and below 0% ii. If the tread has separated from the casing: 1st through 12th weeks 100% 13th through 24th weeks 80% more than 24 weeks 0% c. Intermodal Retreads failing due to defects in workmanship or materials: 1 year or less 100% Over 1 year and up to 2 years 50% Over 2 years 0%
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Related to Adjustment Percentage

  • Discount Percentage The Discount Percentage shall be based upon the monthly average of the net assets of all of the funds on Master Schedule A to Management Contracts (“Group Assets”), as may be updated from time to time, and the monthly average of the net assets of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. After determination of the average Group Assets tier bound level in Master Schedule B to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, the Discount Percentage shall be determined on a cumulative basis pursuant to the schedule set forth in Master Schedule B to Management Contracts.

  • Commitment Percentage With respect to each Lender, the percentage set forth on Schedule 1.1 hereto as such Lender’s percentage of the aggregate Commitments of all of the Lenders, as the same may be changed from time to time in accordance with the terms of this Agreement.

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Reserve Percentage For any Interest Period, that percentage which is specified three (3) Business Days before the first day of such Interest Period by the Board of Governors of the Federal Reserve System (or any successor) or any other governmental or quasi-governmental authority with jurisdiction over Agent or any Lender for determining the maximum reserve requirement (including, but not limited to, any marginal reserve requirement) for Agent or any Lender with respect to liabilities constituting of or including (among other liabilities) Eurocurrency liabilities in an amount equal to that portion of the Loan affected by such Interest Period and with a maturity equal to such Interest Period.

  • Applicable Percentage Except as provided otherwise in the next sentence, the term "Applicable Percentage" shall mean: (i) 0% during the one-year period commencing on the Closing Date (ii) 20% during the one-year period commencing on the first anniversary of the Closing Date; (iii) 40% during the one-year period commencing on the second anniversary of the Closing Date; (iv) 60% during the one-year period commencing on the third anniversary of the Closing Date; (v) 80% during the one-year period commencing on the fourth anniversary of the Closing Date; and (vi) 100% on and after the fifth anniversary of the Closing Date. Notwithstanding the foregoing, (A) immediately prior to and after the occurrence of a Sale of the Company, such Applicable Percentage shall mean 100%, and (B) in the case of a termination of employment described in Section 7.2(a)(iii)(B), such Applicable Percentage in clauses (i), (ii) and (iii) shall be 0%, and in clauses (iv) and (v) and (vi) shall be 40%, 75% and 100%, respectively.