Relevant Percentage Sample Clauses
The 'Relevant Percentage' clause defines a specific proportion or threshold that is significant for triggering certain rights, obligations, or actions within a contract. This percentage may apply to shareholdings, voting rights, or other quantifiable interests, and is often used to determine when a party gains or loses particular powers or responsibilities. By clearly specifying what constitutes a 'relevant' level, the clause ensures clarity and prevents disputes over when contractual provisions become operative.
Relevant Percentage. (Section 2.1) Is there a Sharefarmer Supplier? If yes, complete the Relevant Percentages of the Supplier and the Sharefarmer Supplier below: Supplier: % Sharefarmer Supplier: %
Relevant Percentage. For the purpose of sub-clause 15.1, the Relevant Percentage of a Shareholder's Shares means a number of the Shareholder's Shares calculated as follows: Where: