Additional Percentage definition

Additional Percentage means (i) zero percent (0%) on and after the Closing Date but prior to the three month anniversary of the Closing Date or (ii) five percent (5%) on and after the three month anniversary of the Closing Date.
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Additional Percentage means the percentage applicable to this Note in accordance with the following:
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Additional Percentage means (w) 2% of the Total Voting Power, in the event that the ML Entities and their Affiliates beneficially own Voting Securities representing in the aggregate at least 30% of the Total Voting Power; (x) 3% of the Total Voting Power, in the event that the ML Entities and their Affiliates beneficially own Voting Securities representing in the aggregate less than 30%, but at least 22%, of the Total Voting Power; (y) 4% of the Total Voting Power, in the event that the ML Entities and their Affiliates beneficially own Voting Securities representing in the aggregate less than 22%, but at least 16%, of the Total Voting Power; and (z) 5% of the Total Voting Power, in the event that the ML Entities and their Affiliates beneficially own Voting Securities representing in the aggregate less than 16%, but at least 10%, of the Total Voting Power.
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Examples of Additional Percentage in a sentence

  • Upon such termination, Executive shall be entitled to all accrued but unpaid Base Salary, Additional Percentage Compensation, prorated Bonus to the date of such disability, and vacation accrued to the date of Disability.

  • Except as otherwise expressly set forth below, amounts outstanding hereunder shall bear interest at the Prime Rate (as hereinafter defined, plus the Additional Percentage (hereinafter defined).

  • Payment of all Base Salary and Additional Percentage Compensation to Executive hereunder shall be made in accordance with the relevant Company policies in effect from time to time, including normal payroll practices, and shall be subject to all applicable employment and withholding taxes.

  • Brancher Company Stock to represent the Additional Percentage of Ownership (as defined below) being acquired by Lennox for that specified year.

  • Such rate shall be adjusted as and when any change in the Lender's Prime Rate or any change in the Additional Percentage shall occur.


More Definitions of Additional Percentage

Additional Percentage has the meaning set forth in Section 2.04(b).
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Additional Percentage means (w) 2% of the Total Voting Power, in the event that the ML Entities and their
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Additional Percentage is defined in Section 3.06.
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Additional Percentage means the mandatory cost rate imputed to the Liquidity Facility Provider pursuant to the Liquidity Facility Agreement in relation to its compliance with banking supervision requirements;
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Additional Percentage means for any Series of SENs, for any date, such additional percentage interest in the Export Receivables and in the Collections therefrom to be transferred from the Collection Account to the SENs Collateral Account for such Series, as may be designated by the Company in writing to the Collateral Trustee and the Trustee pursuant to Section 2.04 of the Collateral Trust Agreement.
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Additional Percentage means one percentage point, “consumer prices index” means—
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Additional Percentage means a percentage determined by the Board of Trustees from time to time, which percentage may be zero and is intended to provide Participants with additional Units as a percentage of their monthly distributions reinvested pursuant to the Reinvestment Plan.
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