Holdback Percentage definition

Holdback Percentage has the meaning set forth in Section 4.1(d)(i).

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Holdback Percentage of a Partner means the designated percentage of the Carried Interest Proceeds allocated to such Partner, which shall initially be as set forth in such Partner’s Terms Letter.

Holdback Percentage means the quotient, expressed as a percentage, obtained by dividing $25,000,000 by the Distributable Equity Value.

Examples of Holdback Percentage in a sentence

Any increase in the Holdback Percentage for any Partner shall apply only to distributions relating to Carried Interest made after the date of such increase.
The foregoing shall in no way prevent the General Partner from proportionately increasing the Holdback Percentage of any Partner Category (following a reduction of the Holdback Percentages below the Initial Holdback Percentages), if the resulting Holdback Percentages are consistent with the above.
The General Partner may not increase the Retaining Withdrawn Partners’ Holdback Percentage beyond 21% unless the General Partner concurrently increases the Existing Partners’ Holdback Percentage to 21%.
Any reduction in the Holdback Percentage for any Partner shall apply only to distributions relating to Carried Interest made after the date of such reduction.
The General Partner may not increase the Holdback Percentage of any Partner Category beyond 24% unless such increase applies equally to all Partner Categories.

More Definitions of Holdback Percentage

Holdback Percentage means, with respect to each Holdback Participant, the percentage set forth for such participant on Schedule I attached hereto.

Holdback Percentage means the quotient obtained by dividing the Holdback Amount by the Original Price, expressed as a decimal;

Holdback Percentage means, with respect to any Non-Dissenting Holder, the percentage corresponding to a fraction having (i) a numerator equal to the portion of the Aggregate Non-Dissenting Residual Amount attributable to shares of Company Capital Stock held by such Non-Dissenting Holder, and (ii) a denominator equal to the Aggregate Non-Dissenting Residual Amount.

Holdback Percentage means (a) with respect to the Sheffield Project, 5% and (b) with respect to the Steel Winds II Project, 0%.

Holdback Percentage means, with respect to any Seller, the percentage set forth opposite such Seller’s name in column B of Schedule 3.1 hereof, calculated as the quotient of (i) the original amount of such Seller’s Holdback and (ii) $10 million.

Holdback Percentage means, with respect to any Indemnitor, the percentage in respect of the Holdback set forth opposite such Indemnitor’s name on the Holdback Percentage Schedule.

Holdback Percentage means *****.