Common Percentage definition
Common Percentage means, with respect to any Partner at any time, a fraction, expressed as a percentage: (i) the numerator of which is the number of Common Units owned by such Partner as of such time and (ii) the denominator of which is the aggregate number of Common Units owned by all of the Partners as of such time. The sum of the outstanding Common Percentages of all Partners shall at all times equal 100%.
Common Percentage means the common percentage established by the Commission in accordance with the first subparagraph of Article 59(2);
Common Percentage means, as of any date, the number expressed as a percentage equal to (a) the number of Common Units then outstanding divided by (b) the number of Converted Common Units and the number of Common Units then outstanding.
Examples of Common Percentage in a sentence
For the avoidance of doubt, any capital contributions made by the Hudbay Member pursuant to this Section 4.01(b) shall not result in any issuance of additional Common Units to the Hudbay Member or an increase in the Hudbay Member's Common Percentage.
At such reconvened meeting, a quorum shall be constituted if there is present at such meeting at least one Manager designated by Member(s) (other than any Defaulting Member) with an aggregate Common Percentage of at least 50%.
The aggregate voting rights of the Managers designated by a particular Member shall be equal to the Common Percentage of such Member.
The Hudbay Member shall designate the Chair of the Board of Managers; provided that, if at any time the Hudbay Member's Common Percentage is less than 50%, the Chair may be removed and replaced at the direction of Member(s) (other than any Defaulting Member) with an aggregate Common Percentage of at least 50%.
Unless otherwise agreed by each Member with a Common Percentage of at least 22.5%, the Development Committee shall meet at least once every calendar month.
More Definitions of Common Percentage
Common Percentage means, with respect to each Stockholder and Optionholder, the amount expressed as a percentage equal to the number of shares of Common Stock (on an as-converted and as-exercised basis) held by such Stockholder or Optionholder entitled to receive Merger Consideration pursuant to Sections 2.2(a) and 2.4 of this Agreement divided by the aggregate amount of all shares of Common Stock (on an as-converted and as-exercised basis) entitled to receive Merger Consideration pursuant to Sections 2.2(a) and 2.4 of this Agreement.
Common Percentage means, for each Unitholder, a fraction, expressed as a percentage, the numerator of which is the total number of Units held by such Unitholder as of immediately prior to the Effective Time, and the denominator of which is the total number of Units held by all Unitholders as of immediately prior to the Effective Time. The Common Percentage as of the date hereof for each Unitholder is set forth next to such Unitholder’s name on the Unitholders Schedule, and will be updated by the Representative and the Company no later than two (2) days prior to the anticipated Closing Date to reflect changes arising after the date hereof and prior to the Effective Time.
Common Percentage means, with respect to any Stockholder as of any date of determination, the quotient, expressed as a percentage, obtained by dividing the number of Common Stock owned by such Stockholder on such date on a Fully Diluted Basis by the sum total of all Common Stock outstanding on such date on a Fully Diluted Basis.
Common Percentage means, at any time with respect to one or more Members, a fraction, expressed as a percentage, the numerator of which is equal to the number of Common Units then owned by such Member(s) and the denominator of which is equal to the aggregate number of Common Units then outstanding; provided that, in the case of any Member that has Transferred any Common Units to any Permitted Transferee pursuant to Section 8.02, the numerator of such calculation shall include the Common Units so transferred to such Permitted Transferee; and provided, further, that (x) any Common Units issued under the Equity Plan or any other Employee Plan shall be excluded from both the numerator and the denominator of such calculation and (y) any Common Units issuable pursuant to any Warrants or Equity Securities convertible into or exercisable or exchangeable for Common Units or shall be excluded from both the numerator and the denominator of such calculation, unless such Common Units are actually issued or, if “Common Percentage” is being calculated for purposes of a transaction, such Common Units are to be issued in such transaction, in which case, such Common Units shall be included in such calculations, as applicable.
Common Percentage means, as to each Member as of any date of determination, a fraction (represented as a percentage) the numerator of which is the number of Common Units held by such Member as of such date of determination and the denominator of which is the aggregate number of all issued and outstanding Common Units as of such date of determination; provided that, for purposes of Section 3.01(e), Section 3.02(b) and Section 3.04, and the definition of Simple Majority Approval, the numerator and denominator shall exclude any Common Units held by a Defaulting Member.
Common Percentage shall have the meaning set forth in section 1.7(b).
Common Percentage means the percentage set forth next to such Seller’s name on theSellers Schedule.