Exercise Percentage definition

Exercise Percentage has the meaning set forth in Section 4.3.

Exercise Percentage the meaning specified in the preambles.

Exercise Percentage means, with respect to a Notice of Physical Settlement, a percentage equal to the original face amount of the Deliverable Obligations specified in such Notice of Physical Settlement divided by an amount equal to (i) the Initial Face Amount minus (ii) the aggregate of the original face amount of all Deliverable Obligations specified in all previously delivered Notices of Physical Settlement.

Examples of Exercise Percentage in a sentence

• Indigenous peoples have the right to the full enjoyment, as a collective or as individuals, of all human rights and fundamental freedoms as recognized in the Charter of the United Nations, the Universal Declaration of Human Rights4 and international human rights law.

• The Certificates will be exercised on such Valuation Date, and the Automatic Early Exercise Amount payable per Certificate (of the Nominal) on the Automatic Early Exercise Date immediately following such Valuation Date will be an amount in the Settlement Currency equal to the product of (i) the Early Exercise Percentage in respect of such Valuation Date (being 109.9 per cent., expressed as 1.099), multiplied by (ii) the Nominal, i.e., SEK 10'990.

• For the purposes of paragraph 4 (Settlement Terms) above, the Reference Entity Weighting of the relevant Reference Entity shall be deemed to be the Exercise Percentage.

• The Early Exercise Percentage in respect of the Automatic Early Exercise Date scheduled to fall on: (i) June 8, 2015, is 114.5 per cent.

• Where "Early Exercise Percentage" means, in respect of each Valuation Date (other than the Final Valuation Date), the percentage (expressed as a decimal, such that, for example, 110 per cent.

More Definitions of Exercise Percentage

Exercise Percentage means 79.736 % of the total number of shares of Common Stock specified in any Issuance Notice or Cancellation Notice (each as hereinafter defined).

Exercise Percentage means, with respect to any exercise of Warrants on a Date of Exercise, an amount equal to the percentage of the Grant Percentage being exercised on such Date of Exercise; provided that each Exercise Percentage shall not be less than ten percent (10%); and provided further that no Exercise Percentage, taken together with all prior Exercise Percentages, shall exceed one hundred percent (100%).

Exercise Percentage means, with respect to a Warrant, the percentage of the total outstanding Common Stock on a fully diluted basis immediately following such exercise for which that Warrant is exercisable.

Exercise Percentage means the percentage of the Option Amount with respect to which the Option is exercisable based upon the achievement of the Earn-Up Targets as determined in accordance with the following: Percentage of Option Amount Earn-Up Target then Exercisable -------------- ---------------- Initial Earn-Up Target 28.6% Second Earn-Up Target 42.9% Third Earn-Up Target 57.1% Fourth Earn-Up Target 78.6% Final Earn-Up Target 100%

Exercise Percentage means, with respect to a Notice of Physical Settlement, a percentage equal to the original face amount of the Deliverable Obligations specified in such notice of physical settlement divided by an amount equal to (i) the Initial Face Amount minus (ii) the aggregate of the original face amount of all Deliverable Obligations specified in all previously delivered notices of physical settlement. The "Reference Price" with respect to each Reference Obligation, will be designated in the related Credit Default Swap, but generally will be 100%. The Reference Obligations and the Reference Portfolio The Credit Default Swaps will reference Reference Obligations issued by Reference Entities. The Reference Obligations will consist of the RMBS Securities, CMBS Securities and Asset-Backed Securities, as shown in Annex E. On the Closing Date, the sum of the Notional Amounts of all of the Credit Default Swaps will equal at least U.S. $675,000,000 (the "Initial CDS Notional Amount"), and thereafter, the aggregate of the Notional Amounts of all of the Credit Default Swaps shall be referred to as the "CDS Notional Amount". Notional Amounts of the Reference Obligations The Reference Obligation Notional Amount of each Reference Obligation on the Effective Date will be as shown in Annex E. The "Effective Date" with respect to each Credit Default Swap will mean the Closing Date. The

Exercise Percentage shall initially have the meaning set forth below during each of the periods set forth below. In the event that the Corporation fails to obtain the Stockholder Approvals contemplated by Section 4(l) of the Securities Purchase Agreement on or before July 31, 1998, the Exercise Percentage in effect during each of the periods set forth below shall be permanently reduced by ten percent (10%). The Exercise Percentage also shall be subject to adjustment as provided herein. If the Exercise Date is: Then the Exercise Percentage is: Prior to the 91st day following the First Closing Date 100% On or after the 91st day following the First Closing Date and before the 151st day following the First Closing Date 85% On or after the 151st day following the First Closing Date and before the 211th day following the First Closing Date 75% On or after the 211th day following the First Closing Date 65%

Exercise Percentage means, with respect to any Repurchase Period, the aggregate portion of the Ownership Ratio, expressed as a percentage, for which the members of the Liberty Mutual Affiliated Group wish to exercise the Equity Sale Rights during such Repurchase Period.