Conversion Percentage definition

Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).

Conversion Percentage shall have the meaning ascribed to it in Section 2.4(d)(ii).

Conversion Percentage means, (A) the number of Class B Ordinary Shares of the applicable Series being converted, divided by (B) the total number of Class B Ordinary Shares of such Series issued and outstanding (i.e. up to 1,000).

Examples of Conversion Percentage in a sentence

• The schedule of conversion is as follows: Years of Service Sick Leave Conversion Percentage 20 75% 21 80% 22 85% 23 90% 24 95% 25 or more 100% The employee’s sick leave conversion account shall be assigned a present value based on the date of retirement equal to the number of hours of accumulated sick leave times the employee's base hourly rate multiplied by the conversion percentage at the time of retirement.

• The sum of (x) the product of (I) one hundred percent (100%) divided by the Conversion Percentage in effect on the date on which the Corporation receives the Mandatory Redemption Notice, times (II) the Face Amount thereof, plus (y) the accrued Premium thereon and all unpaid Conversion Default Payments owing (if any) with respect thereto through the date of payment of the Mandatory Redemption Amount.

• Such increase in the Fully-Diluted Common Stock shall not, however, affect the applicable Conversion Percentage.

• The sum of (x) the product of (I) one hundred percent (100%) divided by the Conversion Percentage in effect on the date of the Optional Redemption Notice, times (II) the Face Amount thereof, plus (y) the accrued Premium thereon and all unpaid Conversion Default Payments owing (if any) with respect thereto through the Effective Date of Redemption (as defined in subparagraph (iii) below).

• Years of Service Conversion Percentage 20 75% 21 80% 22 85% 23 90% 24 95% 25 or more 100% The account would be assigned a present value as of the date of retirement equal to the number of hours of accumulated sick leave multiplied by the employee's base hourly rate multiplied by the conversion percentage at the time of retirement.

More Definitions of Conversion Percentage

Conversion Percentage means 85%; provided, however, that, notwithstanding any other provision hereof, if a Registration Event occurs, then such percentage stated above shall be permanently reduced by two percentage points on each Computation Date (pro rated in the case of any Computation Date which is less than 30 days after a Registration Event occurs or less than 30 days after another Computation Date).

Conversion Percentage has the meaning set forth in Section 2.04(f)(ii).

Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) 24,956.

Conversion Percentage means the lesser of: (i) 100% and (ii) with rounding down to the nearest percentage, the product of 100 multiplied by the quotient of (a) the Spin-Off Value (as defined below) minus the Base Value (as defined in your TFIO Performance Cash Award Agreement), divided by (b) the Base Value.

Conversion Percentage means 82.5%;

Conversion Percentage means 80% as adjusted as described herein;

Conversion Percentage means 100%, subject to adjustment as provided herein;