First Percentage definition

First Percentage means the percentage resulting from: (a) taking the remainder ("First Remainder") obtained by subtracting the Average MSBC Determination Price from $29.75 (the average of the bid and asked prices of MSBC Common Stock as reported on the NASDAQ/NMS on October 15, 1997; and (b) dividing the First Remainder by the Average MSBC Determination Price.
Sample 1
First Percentage means the percentage of the aggregate Commitments (as such term is defined in the First Credit Agreement on the date hereof) (excluding any such Commitments which have been suspended under Section 6.1 of the First Credit Agreement (or any such amended provision of the First Credit Agreement having the same effect)) which have been utilized and are outstanding as Advances (as such term is defined in the First Credit Agreement on the date hereof);
Sample 1Sample 2
First Percentage means the percentage of the aggregate Commitments (excluding any such Commitments which have been suspended under Section 6.1 of this Agreement) which have been utilized and are outstanding as Advances;
Sample 1Sample 2

Examples of First Percentage in a sentence

  • Index) First Percentage For Purposes of Determining Performance Factor* 25 25 26 26 27 27 28 28 29 29 30 30 32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40 40 41 41 42 42 43 43 44 44 45 45 46 46 47 47 48 48 49 49 50 50 51 52 52 54 53 56 54 58 55 60 56 62 57 64 58 66 59 68 60 70 61 72 62 74 63 76 64 78 65 80 66 82 67 84 68 86 69 88 70 90 71 92 72 94 73 96 74 98 75-99 100 Table 2 Proportionate Total Shareholder Return Company Performance (Percentile Relative to Other Companies in S&P Ins.

  • Index) First Percentage For Purposes of Determining Performance Factor* 0-24 0 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40 40 41 41 42 42 43 43 44 44 45 45 46 46 47 47 48 48 49 49 50 50 51 52 52 54 53 56 54 58 55 60 56 62 57 64 58 66 59 68 60 70 61 72 62 74 63 76 64 78 65 80 66 82 67 84 68 86 69 88 70 90 71 92 72 94 73 96 74 98 75-99 100 Table 2 Proportionate Total Shareholder Return Company Performance (Percentile Relative to Other Companies in S&P Ins.

  • Rxxxxx Xxxxxxxxx [name] Name Chairman of the Board, President and CEO Title Signature Signature Date: Schedule A to Management Performance Share Agreement Table 1 Change in Annual Net Operating Income Available to Common Shareholders Company Performance (Percentile Relative to Other First Percentage For Companies in S&P Ins.

  • The First Percentage of 26% was determined after arm’s length negotiations between the Vendor and the Purchaser taking into account, among other things, the 28.6% as mentioned above, the appreciation in Renminbi since the signing of the Disposal Agreement, and the Vendor agreeing to the other Amendments.

  • The Second Percentage represents the percentage of the Second Amount to the Remaining Amount of approximately HK$422.9 million, which is approximately equivalent to HK$10,845,000 for each additional 1% interest in Paragon Winner on top of the First Percentage on the basis that the Remaining Amount, if fully paid, shall be equivalent to a 39% interest (i.e. the Original Percentage less the First Percentage) in Paragon Winner.

  • No substitutions to the Proponent’s proposed team will be allowed to perform the services without written permission by City staff.

  • Cross-platform app recommendation by jointly modeling ratings and texts.

  • First Percentage of students’ experiences on Learning during covid-19 were calculated from survey questionnaire related to learning, Next impact of Covid-19 on different aspects of students learning are shown and then findings of interview from selected participants are presented.

  • By Ballston during the ten (10) day period commencing on the Determination Date (as hereinafter defined) if both of the following conditions are satisfied: (1) if the Average MSBC Share Price is less than $24.47; and (2) if the First Percentage exceeds the Second Percentage by at least ten (10) percentage points; subject, however, to the immediately following four sentences.

  • Xxxxxx Xxxxxxxxx [name] Name Chairman of the Board, President, and Chief Executive Officer Title Signature Signature Date: Schedule A to Management Performance Share Agreement Table 1 Change in Annual Net Operating Income Available to Common Shareholders Company Performance (Percentile Relative to Other First Percentage For Purposes of Companies in S&P Ins.


More Definitions of First Percentage

First Percentage means the percentage resulting from: (a) taking the remainder ("First Remainder") obtained by subtracting the Average MSBC Share Price from $27.19; and (b) dividing the First Remainder by the Average MSBC Share Price. "Second Percentage" means the percentage resulting from: (a) taking the remainder ("Second Remainder") obtained by subtracting the SNL Southeast Bank Index reported most recently prior to the last trading day in the measuring period for calculating the Average MSBC Share Price ("Recent SNL Bank Index") from the SNL Southeast Bank Index reported most recently prior to or on February 13, 1998; and (b) dividing the Second Remainder by the Recent SNL Bank Index.
Sample 1
First Percentage means the percentage determined by dividing (A) the amount determined by subtracting $18,000 from the Cost by (B) the Cost. "Second Percentage" means the percentage determined by dividing (X) $82,000 by (Y) the Cost. Purchaser's "Cost" means the decrease in the net operating income for any of the Properties caused by or resulting from or arising out of the untruth, inaccuracy, or incorrectness of any of Sellers' representations and warranties in this Agreement to the extent such decrease in net operating income is not properly reimbursable by tenants. Purchaser's "Loss" (i.e., the reduction in the net operating income from what such income would have been had such representation or warranty not been untrue, inaccurate, or incorrect), shall be calculated as follows: If such Cost would adversely affect the calculation of net operating income only for the time period ending on the first anniversary of the Closing Date, then Purchaser's Loss shall be the amount that net operating income would be decreased as a result of such Cost; if such Cost would adversely affect the calculation of net operating income only for one 12- month period ending after the first anniversary of the Closing Date, then Purchaser's Loss shall be calculated by discounting such Cost at a 12% discount rate and the Purchase Price will be reduced by the amount that net operating income would be reduced as a result of such discounted Cost; if such Cost would adversely affect the calculation of net operating income for the time period ending after the first anniversary of the Closing Date and for more than one 12-month period after such first anniversary, then Purchaser's Loss shall be calculated by capitalizing such Cost (at the rate of 10%) and Purchaser's Loss shall be remedied in one of
Sample 1
First Percentage means the percentage for a particular Revenue Category as shown on Exhibit F-1.
Sample 1

Related to First Percentage

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Relevant Percentage means, in respect of any Subsidiary Issuer, the percentage as specified in the relevant Pricing Supplement;

  • Target Percentage means those percentages assigned to Participants pursuant to Section 3.2 hereof.

  • Discount Percentage shall have the meaning specified in Section 2.11.

  • Payout Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 2, which shall be used to determine the value of each Performance Unit.

  • Investment Percentage means a percentage established for each Partner on the Partnership's books as of the first day of each Fiscal Period. The Investment Percentage of a Partner for a Fiscal Period will be determined by dividing the balance of the Partner's Capital Account as of the commencement of the Fiscal Period by the sum of the Capital Accounts of all of the Partners as of the commencement of the Fiscal Period. The sum of the Investment Percentages of all Partners for each Fiscal Period will equal 100%.

  • Interest Percentage With respect to any Class of Certificates and any Distribution Date, the ratio (expressed as a decimal carried to six places) of the Accrued Certificate Interest for such Class to the sum of the Accrued Certificate Interest for all Classes, in each case with respect to such Distribution Date, without regard to Relief Act Interest Shortfalls.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount of the Aggregate Commitment actually disbursed and outstanding to Borrower by such Lender at such time, and the denominator of which is the total amount of the Aggregate Commitment disbursed and outstanding to Borrower by all of the Lenders at such time.

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • Final Payment Percentage is five percent (5.00%).

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Lockout Percentage For any Distribution Date occurring prior to the Distribution Date in September 2011, 0%. For any Distribution Date occurring thereafter, as follows: 30% for any Distribution Date on or after September 2011 and prior to September 2012; 40% for any Distribution Date on or after September 2012 and prior to September 2013; 60% for any Distribution Date on or after September 2013 and prior to September 2014; 80% for any Distribution Date on or after September 2014 and prior to September 2015; and 100% for any Distribution Date thereafter. Maturity Date: August 25, 2036, the Distribution Date immediately following the latest scheduled maturity date of any Mortgage Loan.

  • Applicable Credit Support Percentage As defined in Section 4.02(e).

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • NOLV Percentage the net orderly liquidation value of Inventory, expressed as a percentage, expected to be realized at an orderly, negotiated sale held within a reasonable period of time, net of all liquidation expenses, as determined from the most recent appraisal of Borrowers’ Inventory performed by an appraiser and on terms satisfactory to Agent.

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.

  • Constant Percentage 2 means 100%;

  • Cash Percentage shall have the meaning specified in Section 14.02(a)(iii).

  • Funding Percentage means with respect to any Payment Date, the percentage derived from the fraction the numerator of which is the Pre-Funded Amount and the denominator of which is the sum of the aggregate Principal Balance of Receivables transferred to the Trust and the Pre-Funded Amount, in each case, as of the last day of the related Collection Period.

  • Constant Percentage 1 means 100%;

  • Class A Interest Percentage As to any Distribution Date and any Class of Class A Certificates, the percentage calculated by dividing the Interest Accrual Amount of such Class (determined without regard to clause (ii) of the definition thereof) by the Class A Interest Accrual Amount (determined without regard to clause (ii) of the definition of Interest Accrual Amount).

  • Applicable Multicurrency Percentage means, with respect to any Multicurrency Lender, the percentage of the total Multicurrency Commitments represented by such Multicurrency Lender’s Multicurrency Commitment. If the Multicurrency Commitments have terminated or expired, the Applicable Multicurrency Percentages shall be determined based upon the Multicurrency Commitments most recently in effect, giving effect to any assignments.

  • Class B Interest Percentage With respect to any Distribution Date and any Class of Class B Certificates, the percentage calculated by dividing the Interest Accrual Amount of such Class (determined without regard to clause (ii) of the definition thereof) by the Class B Interest Accrual Amount (determined without regard to clause (ii) of the definition of each Interest Accrual Amount).

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments (or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of the Revolving Loans then outstanding).