Equivalent Percentage definition
Equivalent Percentage means the percentage obtained by dividing the amount paid by Party B by the amount it would have paid absent such limitation.
Equivalent Percentage means, with respect to any dollar amount, such percentage of TTM Run-Rate Adjusted EBITDA as such dollar amount represents of Run-Rate Adjusted EBITDA of the Borrower for the four quarters ended March 31, 2015, rounded up to the nearest one tenth of 1%. For purposes of calculating Equivalent Percentage and otherwise under this Agreement, Run-Rate Adjusted EBITDA of the Borrower for the four quarters ended March 31, 2015 shall be deemed to be $395.0 million.
Equivalent Percentage means, as of any date of determination, with respect to any Dollar amount, the percentage of TTM Consolidated EBITDA of the Borrower for the four quarters ended December 31, 2017 that such Dollar amount represents, rounded to the nearest one tenth of 1%. For purposes of calculating Equivalent Percentage, TTM Consolidated EBITDA of the Borrower for the four quarters ended December 31, 2017 will be deemed to be the Closing Date EBITDA.
Examples of Equivalent Percentage in a sentence
Any incurrence of Permitted Refinancing Indebtedness with respect to any Refinanced Debt that was incurred in reliance on a dollar or Equivalent Percentage basket (and not subsequently reclassified) shall not, for the avoidance of doubt, reload any such dollar or Equivalent Percentage based basket.
More Definitions of Equivalent Percentage
Equivalent Percentage means, with respect to any specified amount expressed in Dollars, the percentage obtained by dividing (i) such specified Dollar amount by (ii) the amount shown as “Total assets” as of December 31, 2007 in the financial statements delivered by the Company pursuant to Section 5.01.
Equivalent Percentage means the percentage the number of shares of Common Stock sold by Purchaser in the Tag-Along Sale bears to Purchaser's total holdings of Common Stock immediately prior to such sale (assuming conversion into Common Stock, prior to the Tag-Along Sale, of the Series A Preferred Stock).
Equivalent Percentage means, as of any date of determination, with respect to any Dollar amount, the percentage of TTM Consolidated EBITDA of the Borrower for the four quarters ended June 30, 2025 that such Dollar amount represents, rounded to the nearest one tenth of 1%. For purposes of calculating Equivalent Percentage, TTM Consolidated EBITDA of the Borrower for the four quarters ended June 30, 2025 will be deemed to be the Amendment No. 1 Effective Date EBITDA.
Equivalent Percentage. As defined in Section 8.1(b).
Equivalent Percentage as of any particular date means, with respect to a particular Indicated Percentage, the Percentage Interest in the Company as of that date of a (hypothetical) holder of Class B Units whose Percentage Interest on the Effective Date equals that Indicated Percentage. In other words, a holder’s Equivalent Percentage takes into account any dilution of the interests of holders of Class B Units resulting from events occurring after the Effective Date.
Equivalent Percentage means the percentage of the number of shares of Common Stock sold by the Luxco Group in the Tag-Along Sale bears to their total holdings of Common Stock immediately prior to such sale. For the avoidance of doubt, notwithstanding anything herein to the contrary, this Section 6.11 shall terminate and be of no further force and effect upon the first to occur of (a) the date that is 18 months after the Closing Date and (b) the date on which the Luxco Group own less than 50% of the issued and outstanding shares of Common Stock.
Equivalent Percentage means, calculated immediately after the Clean Earth Effective Date, with respect to any applicable Dollar amount included in a Dollar basket, the percentage of Consolidated Total Assets of the Company that such Dollar amount represents, determined based on the Consolidated Total Assets of the Company reflected in the latest financial statements delivered pursuant to Section 6.01(a) or (b) immediately prior to the Clean Earth Effective Date, but adjusted to give pro forma effect to the consummation of the Permitted Clean Earth Distribution Transactions, and rounded to the nearest one tenth of 1%.