Output Percentage definition

Output Percentage means [***].
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Output Percentage shall have the meaning set forth in the Joint Venture Agreement.
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Output Percentage means, with respect to a Shareholder and subject to Sections 7.3(b) and 8.4(d), the percentage as of the [***]; provided, however, that notwithstanding anything to the contrary in this Agreement, if all of the Shares owned by one Shareholder and its Subsidiaries (including its SPV) have been Transferred to the other Shareholder and/or its Affiliates in accordance with Section 3.5, 12.3, 12.6 or 13.1, the Output Percentage of the Shareholder that Transferred such Shares shall, [***]; and provided further, however, that if there is a merger or similar transaction involving the Joint Venture Company that results in the Shareholders either not owning shares of the survivor or in the Shareholders owning shares of the survivor in a relative proportion different than their relative Equity Interests immediately prior to such transaction, the Shareholders’ Output Percentages shall [***].
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Examples of Output Percentage in a sentence

  • The Joint Venture Company shall ensure that WIP at its fabs associated with Shared Design ID Wafers to be DLI-6195504v3 NTC/MICRON CONFIDENTIAL purchased by both Purchasers is designated for both Purchasers from Wafer Start, and the Conforming Wafers and Secondary Silicon resulting therefrom shall be allocated to the Purchasers in proportion to, in the case of Micron, MNL’s Output Percentage and, in the case of NTC, its Output Percentage.

  • In the case of a Share Acquisition, the Initiating Shareholder shall have [***] days from the delivery of the Change Notice to determine (which determination shall be effectuated by delivering written notice (also an “Answer Notice”) to the Other Shareholder) whether the Initiating Shareholder’s Output Percentage should increase, which increase shall take effect on the date that is [***] days following the delivery of such Answer Notice.

  • As contemplated by the Master Agreement, Micron and NTC will enter into the Supply Agreement with the Joint Venture Company, which Supply Agreement shall provide for the right and obligation of each Shareholder to purchase its Output Percentage of the Stack DRAM Products of the Joint Venture Company.

  • In the case of a Share Disposition, the Other Shareholder shall have [***] days from the delivery of the Change Notice to determine (which determination shall be effectuated by delivering written notice (an “Answer Notice”) to the Initiating Shareholder) whether the Other Shareholder’s Output Percentage should increase, which increase shall take effect on the date that is [***] days following the delivery of such Answer Notice.

  • As of the Closing, each Shareholder’s Output Percentage shall be [***].

  • Table 5.1 Business Sector Output Percentage change in volume Sources: Statistics Sweden and Ministry of Finance Industrial activity was relatively weak at the start of the year as a result of a slowdown in some of Sweden's largest markets and a reversal in the domestic stocks situation.

  • The Parties acknowledge that, at the Closing, they each will enter into the Supply Agreement with the Joint Venture Company pursuant to which each such Party shall have the right and obligation to purchase from the Joint Venture Company a percentage (equal to, in the case of NTC, NTC's Output Percentage and, in the case of Micron, MNL's Output Percentage) of the Joint Venture Company’s output of Stack DRAM Products and other products that are manufactured by the Joint Venture Company.


More Definitions of Output Percentage

Output Percentage is calculated for a Facility over a given Measurement Period as follows:
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Output Percentage is defined in Section 6.01(a) of the O&M.
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Related to Output Percentage

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Payout Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 2, which shall be used to determine the value of each Performance Unit.

  • Target Percentage means those percentages assigned to Participants pursuant to Section 3.2 hereof.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • Constant Percentage 2 means 100%;

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Constant Percentage 1 means 100%;

  • Uptime Percentage means Uptime expressed as a percentage, calculated in accordance with the following formula:

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Final Payment Percentage is five percent (5.00%).

  • Designated Percentage shall have the meaning set forth in Section 1(a) hereof.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Discount Percentage shall have the meaning specified in Section 2.11.

  • Achievement Percentage means the percentage of achievement determined by the Committee after the end of the Performance Cycle in accordance with Section 4 that reflects the extent to which the Company achieved the Performance Goals during the Performance Cycle.

  • NOLV Percentage the net orderly liquidation value of Inventory, expressed as a percentage, expected to be realized at an orderly, negotiated sale held within a reasonable period of time, net of all liquidation expenses, as determined from the most recent appraisal of Borrowers’ Inventory performed by an appraiser and on terms satisfactory to Agent.

  • Investment Percentage means a percentage established for each Partner on the Partnership's books as of the first day of each Fiscal Period. The Investment Percentage of a Partner for a Fiscal Period will be determined by dividing the balance of the Partner's Capital Account as of the commencement of the Fiscal Period by the sum of the Capital Accounts of all of the Partners as of the commencement of the Fiscal Period. The sum of the Investment Percentages of all Partners for each Fiscal Period will equal 100%.

  • Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount actually disbursed and outstanding to Borrower by such Lender at such time and the denominator of which is the total amount disbursed and outstanding to Borrower by all of the Lenders at such time.

  • Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the Facility Usage on such day, and the denominator of which is the Borrowing Base in effect on such day.

  • Class B Percentage Any one of the Class B-1 Percentage, Class B-2 Percentage, Class B-3 Percentage, Class B-4 Percentage, Class B-5 Percentage or Class B-6 Percentage.

  • Relevant Percentage means, in respect of any Subsidiary Issuer, the percentage as specified in the relevant Pricing Supplement;

  • Total Percentage means, with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Aggregate Exposure at such time to the Aggregate Exposure of all Lenders at such time.

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.