Average Percentage definition

Average Percentage means the average of the Executive's Annual Percentages for the Determination Years. For purposes of this paragraph (d), the Executive's "Annual Percentage" for each Determination Year means a fraction (expressed as a percentage), the numerator of which is the EIP award earned by the Executive for such Determination Year, and the denominator of which is the annual value of the normal payment under the EIP for the Executive's salary level (such annual value and normal payment being those that were in effect under the EIP for such Determination Year for the Executive's salary level for such Determination Year). For purposes of this paragraph (d), a "Determination Year" means each of the last three EIP plan years ending before the date on which the Change in Control occurs (or, if less, the number of those three plan years during which the Executive was a participant in the EIP);

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Average Percentage. The average of the calculated percentages for Participants within the specified group. The calculated percentage refers to either the "Deferrals" or "Contributions" (as defined in this Section) made on each Participant's behalf for the Plan Year, divided by his or her Compensation for the portion of the Plan Year in which he or she was an Eligible Employee while a Participant. (Employee Pre- Tax Contributions to this Plan or comparable contributions to plans of Related Companies which shall be refunded solely because they exceed the Contribution Dollar Limit are included in the percentage for the HCE Group but not for the NHCE Group.)

Average Percentage means the average of the Participant's Annual Percentage for each of the Determination Years.

Examples of Average Percentage in a sentence

• The HCE Group Average Percentage may not exceed 1.25 times the NHCE Group Average Percentage.

• For purposes of this paragraph (A), the Executive's "Average Percentage" means the average of the Executive's Annual Percentages for the Determination Years.

• The "Custodian's Weighted Average Percentage" means, for the applicable reporting period of the Trust and each Custodian, the quotient, expressed as a percentage, of (A) the aggregate of the Stated Principal Balance for each Distribution Date in such reporting period of the Mortgage Loans for which such Custodian acted as Custodian divided by (B) the aggregate of the Pool Stated Principal Balance for each Distribution Date in such reporting period.

• The "Custodian's Weighted Average Percentage" means, for each fiscal year of the Trust and each Custodian, the quotient, expressed as a percentage, of (A) the aggregate of the Stated Principal Balance for each Distribution Date in such fiscal year of the Mortgage Loans for which such Custodian acted as Custodian divided by (B) the aggregate of the Pool Stated Principal Balance for each Distribution Date in such fiscal year.

• For purposes of this paragraph (d), the Executive's "Average Percentage" means the average of the Executive's Annual Percentages for the Determination Years.

More Definitions of Average Percentage

Average Percentage. The average of the calculated percentages for Participants within the specified group. The calculated percentage refers to either the “Deferrals” or “Contributions” (as defined in this Section) made on each Participant’s behalf for the Plan Year, divided by his or her Compensation for the entire Plan Year. (Salary Deferral Contributions to this Plan or comparable contributions to plans of Related Companies which shall be refunded solely because they exceed the Contribution Dollar Limit are included in the percentage for the HCE Group but not for the NHCE Group.)

Average Percentage means Gaming & Entertainment's opening stock price on the New York Stock Exchange ("NYSE") multiplied by .7, or if the Gaming & Entertainment common stock is not traded on the NYSE, such other exchange or quotation system on which it is traded, on the first trading day after the effective date of the Spinoff divided by the sum of (i) the stock price of DVD and (ii) the stock price of Gaming & Entertainment multiplied by .7, in each case on the first trading day after the effective date of the Spinoff.

Average Percentage means the total percentage, based on the employee daily working time sheet, of the personnel worked on each project divided by actual working days of each month. Upon request, Autotelic shall provide Company with weekly time sheet to substantiate percentage of services performed.

Average Percentage means, at any date of determination, the percentage of the Relevant Appreciation Amount required to be foregone by GTE and its Affiliates pursuant to the FCC Order (as the same may be modified or waived by the FCC).

Average Percentage means the amount, expressed as a percentage, equal to the sum of the Applicable Percentages with respect to the 2016, 2017, and 2018 calendar years, divided by three (3).

Average Percentage means the Average Actual Deferral Percentage or the Average Contribution Percentage, as applicable.

Average Percentage. The average of the calculated percentages for Participants within the specified group. The calculated percentage refers to either the "Deferrals" or "Contributions" (as defined in this Section) made on each Participant's behalf for the Plan Year, divided by his or her Compensation for the portion of the Plan Year in which he or she was a Participant. (Before-Tax Contributions which will be refunded solely because they exceed the Contribution Dollar Limit are included in the percentage for the HCE Group but not for the NHCE Group if such excess Before-Tax Contributions were made to plans of Related Companies.)