Equal to Sample Clauses
The "Equal to" clause establishes that a particular value, obligation, or standard must be exactly the same as a specified reference point or benchmark. In practice, this clause might require that a payment amount, performance metric, or contractual term matches another figure or condition without deviation. By mandating strict equivalence, the clause ensures fairness and consistency between parties, eliminating ambiguity and preventing disputes over whether obligations have been met.
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Equal to. (A) up to a majority of the total number of directors comprising the Board of Directors (the “Total Number of Directors”), so long as the Shareholder beneficially owns, directly or indirectly, more than 50% of the then outstanding shares of Common Stock; (B) up to 40% of the Total Number of Directors, in the event that the Shareholder beneficially owns, directly or indirectly, more than 40%, but less than or equal to 50%, of the then outstanding shares of Common Stock; (C) up to 30% of the Total Number of Directors, in the event that the Shareholder beneficially owns, directly or indirectly, more than 30%, but less than or equal to 40%, of the then outstanding shares of Common Stock; (D) up to 20% of the Total Number of Directors, in the event that the Shareholder beneficially owns, directly or indirectly, more than 20%, but less than or equal to 30%, of the then outstanding shares of Common Stock; (E) up to 10% of the Total Number of Directors, in the event that the Shareholder beneficially owns, directly or indirectly, at least 5% of the then outstanding shares of Common Stock; and (F) no directors in the event that the Shareholder beneficially owns, directly or indirectly, less than 5% of the then outstanding shares of Common Stock. For purposes of calculating the number of directors that the Shareholder is entitled to designate pursuant to the immediately preceding sentence, any fractional amounts shall automatically be rounded up to the nearest whole number (e.g., 1¼ Directors shall equate to two Directors) and any such calculations shall be made on a pro forma basis, including, for the avoidance of doubt, taking into account any increase in the size of the Board of Directors. In the event that the Shareholders has nominated less than the total number of designees the Shareholder shall be entitled to nominate pursuant to this Section 3.1(a), the Shareholder shall have the right, at any time, to nominate such additional designees to which it is entitled, in which case, the Board of Directors shall take all Necessary Action to (x) increase the size of the Board of Directors as required to enable the Shareholder to so nominate such additional designees and (y) designate such additional designees nominated by the Shareholder to fill such newly-created vacancies. Each such designee whom the Shareholder shall actually nominate pursuant to this Section 3.1(a) and is thereafter elected to the Board of Directors to serve as a Director shall be referred to here...
Equal to. This selection filters out all wires that do not match the data entered into the filter data field.
Equal to. 2 x 50% x Target Performance Shares 1 x 50% x Target Performance Shares Equal to % .................................................... 0.25 x 50% x Target Performance Shares Less Than % ................................................. 0 x 50% x Target Performance Shares *The Earnings Multiple for Revenue Growth between the percentages designated in the above table will be interpolated. 30% of the Target Performance Shares will be earned based on the Company’s Average ROIC (as defined in Appendix A) during the Performance Period. After the Performance Period, the Average ROIC will be calculated and the number of Earned Performance Shares to be issued (subject to vesting under Section 8 and withholding of taxes under Section 15) in respect of the Average ROIC performance measure shall be based upon the following formula: Average ROIC* ‡ “Earnings Multiple”* multiplied by 30% of Target Performance Shares = Earned Performance Shares Greater Than or Equal to % ..........................
Equal to. 2’x2’ or 2’x4’ Ceiling Tile 9/16” Fine Line Ceiling Grid WINDOW TREATMENT: One-inch (1”) horizontal mini-blinds. Levelor or equal. Color to be black. CARPET:
Equal to. 2 x 30% x Target Performance Shares 1 x 30% x Target Performance Shares Equal to % .................................................... 0.25 x 30% x Target Performance Shares Less Than % ................................................. 0 x 30% x Target Performance Shares *The Earnings Multiple for Average ROIC between the percentages designated in the above table will be interpolated. ‡ The performance levels outlined above for both Annual Compounded Revenue Growth and Average ROIC are based on three-year financial plans that have been approved by the Board (“Long Term Financial Budget”) and will be adjusted (with the approval of the Compensation Committee) for the impact of significant and/or material transactions and events not originally contemplated in the Long Term Financial Budget, in a manner determined by the Compensation Committee, so as not to significantly either over- or under-compensate management for transactions or events not originally contemplated. Potential transactions that may result in a change include but are not limited to: (i)
Equal to. Recessed lay-in deep cell parabolic 2’x4’ fluorescent fixture: Columbia lighting Model #P4D24-332G-MA36-5-EB8LHUNV equipped with (3) 32W T-8 lamps. Recessed lay-in deep cell parabolic 2’x2’ fluorescent fixture: Columbia lighting Model #P4D22-317G-MA33-S-EB8LHUNV equipped with (3) 17W T-8 lamps. 2’x4’ compact fluorescent lay-in direct/indirect basket fixture: H.E. ▇▇▇▇▇▇▇▇ Model #DIG-S24-X-32-WPR. All offices and conference rooms to be equipped with (2) 32W T8 lamps per fixture. All open areas to be equipped with (3) 32W T-8 lamps per fixture. 2’x2’ compact fluorescent lay-in direct/indirect basket fixture: H.E. ▇▇▇▇▇▇▇▇ Model #DIG-S22-X 4” recessed square horizontal compact fluorescent downlight fixture ▇▇▇▇▇▇ Model #FRT-04092-43 with(1) 32W lamp. Incandescent 4-1/2” recessed downlight Infinity Model #R45-50-PAR20/Med w/ Matte trim kit. Emergency Lighting: (as required) Energy efficient 3-tube 2’ x 4’, lay-in fluorescent fixtures with T-8 lamps and 18 cell parabolic diffusers equal to Metalux-Paralux Ill (2P3GAX/340, IS cell) or indirect lighting fixtures as approved by Opus. Exit signs: Exit signs in accordance with applicable codes type suspended from ceiling. CEILING:
Equal to. Sink-Eikay #LIZAD 2219 with #LK-35 strainer and tailpiece and faucet.
Equal to. (i) a multiple of ten (10) times the amount of said negative difference, if the Closing Date occurs before August 1, 2000;
(ii) a multiple of nine (9) times the amount of said negative difference, if the Closing Date occurs between August 1, and on or prior to August 31, 2000;
(iii) a multiple of eight (8) times the amount of said negative difference, if the Closing Date occurs between September 1, 2000 and on or prior to September 30, 2000;
(iv) a multiple of six (6) times the amount of said negative difference, if the Closing Date occurs on or after October 1, 2000.