Variable Percentage definition

Variable Percentage means 65%.
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Variable Percentage means (x) if no Event of Default has occurred or is continuing, 72.5% or (y) if an Event of Default has occurred and is continuing, 70%.
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Variable Percentage means, for any date of determination, twenty-five percent (25%). For the avoidance of any doubt, the Conversion Rate shall only be amended for that certain Convertible Note Agreement between the Company and Investor dated April 23rd, 2014 and not that Convertible Note Agreement between the Company and Investor dated May 23rd, 2014.
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Examples of Variable Percentage in a sentence

  • For each Transaction Confirmation, DS Fixed Percentage + DS Variable Percentage specified shall add to 100%.

  • Such payments shall be limited to the percentage rates as of August 2, 2005 in the Variable Percentage Buy-In Table issued by MPSERS.

  • For purposes of this Agreement, the Variable Percentage shall be the sum of: (i) twenty-five (25%) percent, and (ii) one and (1.25) one-quarter multiplied by the number of percentile points by which EBITDA exceeds eighty (80%) percent of Projected EBITDA.

  • DS Variable Percentage – The percentage of DS Supply provided at a variable price, as set forth in Appendix C hereto.

  • With respect to each fiscal year beginning or ending during the Term of this Agreement for which EBITDA is not less than eighty (80%) percent of Projected EBITDA, the Performance Bonus shall be an amount equal to the Variable Percentage for such fiscal year multiplied by the Executive’s highest annual base salary rate for such fiscal year (the “Executive’s Base Salary”).


More Definitions of Variable Percentage

Variable Percentage means, with respect to any Type of Accommodation under either Credit Facility for any particular day, the percentage per annum set out in SCHEDULE 3, which is applicable to such Type of Accommodation under such Credit Facility based on the highest level on the grid set forth in SCHEDULE 3 under the heading "Senior Debt Ratio" in respect of which the Senior Debt Ratio was met for the fiscal quarter immediately preceding the fiscal quarter during which such day occurs.
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Variable Percentage means, for any date of determination, (x) if such date of determination is on or prior to the Lockup End Date, twenty-five percent (25%) or (y) if such date of determination is after the Lockup End Date, thirty percent (30%).
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Variable Percentage means, for any date of determination, (A) if such date of determination is on or prior to December 19, 2014, twenty percent (20%) or (y) if such date of determination is after December 19, 2014, twenty-five percent (25%).
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Variable Percentage means (A) if the applicable Variable Conversion Base Price is less than or equal to $0.45 (as adjusted for stock splits, stock dividends, stock combinations or other similar transacitons), 85% or (B) if the applicable Variable Conversion Base Price is greater than $0.45 (as adjusted for stock splits, stock dividends, stock combinations or other similar transacitons), 80%.
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Related to Variable Percentage

  • Applicable Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • Allocable Percentage means, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency, bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

  • Funding Percentage means, for each Lender at the time of any Revolving Borrowing or Revolving Facility LC Issuance, (i) if there is no Aggregate Canadian Sub-Facility Exposure, such Lender’s Fixed Commitment Percentage, or (ii) if there is any Aggregate Canadian Sub-Facility Exposure, such Lender’s Adjusted Commitment Percentage.

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.