Excess Percentage definition

Excess Percentage means the percentage [if any] in excess of 10%% of the tendered amount accepted by the Client for the Project construction by which that amount is above or below the last estimate approved by the Client before giving permission to start Stage (iii).

Excess Percentage means the amount of the percentage of outstanding shares of Common Stock by which the aggregate percentage of outstanding shares of Common Stock beneficially owned by the Henkel Entities, together with their respective Affiliates and Associates (if and to the extent that any Henkel Entity has become aware of such ownership directly or pursuant to an Associate Notice delivered to the Henkel Entities by Loctite), exceeds the Henkel Percentage then in effect and (B) the term "Discovery Date" shall mean the date that any Henkel Entity becomes aware of the existence of an Excess Percentage or if Loctite first became aware of the existence of an Excess Percentage, the date that the Henkel Entities receive an Associate Notice from Loctite in connection therewith.

Excess Percentage has the meaning assigned to such term in Section 4.2 of this Agreement.

Examples of Excess Percentage in a sentence

• Upon Lessor’s reasonable verification of the information set forth in the Revised Certificate, Lessor shall refund to Lessee the Excess Percentage Rent.

• Notwithstanding anything to the contrary contained herein, in no event shall Lessor have any obligation under this Section 3.3(a) to refund any Excess Percentage Rent if Lessor has not received the Revised Certificate by March 31 of the year following the Lease Year for which the Excess Percentage Rent was paid.

• If Lessee makes an Excess Percentage Rent Payment in the final Lease Year of the Term, County shall refund such amount to Lessee within thirty (30) days after County’s verification of such overpayment, which County agrees to use its reasonable efforts to diligently complete after receipt by County of all information required for County to calculate the Excess Percentage Rent Payment and to resolve any audits of Percentage Rent.

• The excess of the Member’s High-5 Salary or High-3 Salary, as designated by the Employer under (2)(i) above, over the Member’s CCL multiplied by the Member’s Excess Percentage.

• Percentage Rent payments shall be reconciled annually at the end of each Lease Year, with any Excess Percentage Rent Payments credited as provided in Subsection 4.2.2.4. Payment may be made by check or draft issued and payable to The County of Los Angeles, and mailed or otherwise delivered to the Department of Beaches and Harbors, Los Angeles County, 13483 Fiji Way, Trailer No. 2, Marina del Rey, California 90292, or such other address as may be provided to Lessee by County.

More Definitions of Excess Percentage

Excess Percentage means, with respect to any Asset Sale that satisfies the requirements of Section 6.05(a), other than any Asset Sale previously consummated pursuant to Section 6.05(d), the quotient of (a) the amount by which (i) the aggregate book value of the assets sold, transferred, leased or otherwise disposed of after the Effective Date (excluding the book value of all Asset Sales previously consummated pursuant to Section 6.05(d)) after giving effect to such Asset Sale exceeds (ii) 30% of the consolidated total assets of the Borrower and the Subsidiaries as of the date the applicable Asset Sale is consummated (including the book value of all Asset Sales previously consummated pursuant to Section 6.05(d)) divided by (b) the aggregate book value of the assets sold, transferred, leased or otherwise disposed of after the Effective Date (excluding the book value of all Asset Sales previously consummated pursuant to Section 6.05(d)) after giving effect to such Asset Sale.

Excess Percentage has the meaning set forth in Exhibit Q (Additional Definitions) hereto.

Excess Percentage means [***]. ​ ​ Foreign Affiliate Definition ​

Excess Percentage has the meaning set forth in Section 6.17(b)(ii).

Excess Percentage means, at any time, 100% minus the sum of (i) the SENS Total Collateral Percentage at such time and (ii) the Credit Facility Total Collateral Percentage at such time and (iii) the aggregate Designated Total Collateral Percentages for all Additional Secured Obligations at such time.

Excess Percentage means [*]. The definition of "Extended Payment Termination Date" set forth in Section 1.1 of the Agreement is amended to read in its entirety as follows:

Excess Percentage shall have the meaning set forth in the Collateral Trust Agreement.