Incremental Percentage definition

Incremental Percentage as to any Incremental Lender at any time, the percentage which such Lender’s Incremental Commitments then constitutes of the aggregate Incremental Commitments then outstanding.

Incremental Percentage means, with respect to each grant of Restricted Performance Shares, the amount (expressed as a percentage) equal to A divided by B, where: A equals 80%;

Incremental Percentage means, with respect to any Permitted Acquisition or Investment permitted hereunder, the percentage of the aggregate purchase consideration for such Permitted Acquisition or Investment, as applicable, that is financed with the proceeds of an Incremental Facility or Incremental Equivalent Indebtedness.

Examples of Incremental Percentage in a sentence

• To illustrate, if, for the Performance Period, the Full Vesting XXX Percentage is 18.0%, the Threshold Vesting XXX Percentage is 12.0%, and the Return on Equity is 15.6%, then the Incremental Percentage is 1⅓% (80% divided by (10 multiplied by (18.0% minus 12.0%))).

• Such Participant shall (subject to the immediately following sentence) receive an Incremental Percentage of his or her Base Salary for every one hundredth of one percent (0.01%) (rounded to the nearest hundredth) for which such Tier I Achieved Performance Amount exceeds 90% of such Tier I Target Performance Amount.

• The reduced Award Percentages set forth in this paragraph of Section 3 are herein referred to as the "Grandfathered Participations." The aggregate of the 10% reduction in the Award Percentages with respect to the Non-Tiny Technology Investments and the 25% reduction in the Award Percentages with respect to the Tiny Technology Investments is herein referred to as the "Incremental Percentage".

• The two main type of systems utilized to harness solar energy that pose direct threats to structural firefighting operations are Solar Thermal Systems and Photovoltaic systems.

• In the event that the Participant ceases to be a director due to death or disability during the Restriction Period, all restrictions will immediately lapse (Section 7.1(f)).

More Definitions of Incremental Percentage

Incremental Percentage means, with respect to a Participant, a percentage calculated by dividing such Participant’s Tier I Specified Percentage by 1,000.

Incremental Percentage means, with respect to any Incremental Term Loan Assuming Lender, the percentage determined by dividing such Lender's Incremental Term Loan Commitment by the aggregate amount of the Incremental Term Loan Commitments.

Incremental Percentage is defined in sections 3.3 and 3.4.

Incremental Percentage means the Incremental Percentage identified for a Milestone in the Approved Percentage Milestone Payment Schedule as set forth in Exhibit 9.

Incremental Percentage means, with respect to each grant of Restricted Performance Shares, the amount (expressed as a percentage) pro rata between the Threshold Vesting XXX Percentage and the Full Vesting XXX Percentage

Incremental Percentage as to any Incremental Lender at any time, the percentage which such Lender’s Incremental Commitments then constitutes of the aggregate Incremental Commitments then outstanding. “Incremental Yield Differential”: as defined in Section 2.19(a)(vii). “Incur”: with respect to any Indebtedness, issue, assume, guarantee, incur or otherwise become liable for; provided, however, that any Indebtedness or Capital Stock of a Person existing at the time such person becomes a Subsidiary (whether by merger, consolidation, acquisition or otherwise) shall be deemed to be Incurred by such Person at the time it becomes a Subsidiary. “Indebtedness”: with respect to any Person: (1) the principal and premium (if any) of any Indebtedness of such Person, whether or not contingent, (a) in respect of borrowed money, (b) evidenced by bonds, notes, debentures or similar instruments or letters of credit or bankers’ acceptances (or, without duplication, reimbursement agreements in respect thereof), (c) representing the deferred and unpaid purchase price of any property, assets or business, except (x) any such balance that constitutes a trade payable, accrued expense or similar obligation to a trade creditor and (y) any acquisition earn-out obligations, (d) in respect of Capitalized Lease Obligations or (e) representing any Hedging Obligations, other than Hedging Obligations that are incurred in the normal course of business and not for speculative purposes, and that do not increase the Indebtedness of the obligor outstanding at any time other than as a result of fluctuations in interest rates, commodity prices or foreign currency exchange rates or by reason of fees, indemnities and compensation payable thereunder, if and to the extent that any of the foregoing Indebtedness (other than letters of credit and Hedging Obligations) would appear as a liability on a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP, provided that Indebtedness of any direct or indirect parent of the Company Borrower appearing upon the balance sheet of the Company Borrower solely by reason of push-down accounting under GAAP shall be excluded; (2) to the extent not otherwise included, any obligation of such Person to be liable for, or to pay, as obligor, guarantor or otherwise, on the obligations described in clause (1) of another Person (other than by endorsement of negotiable instruments for collection in the ordinary course of business); and (3) to the extent not ...

Incremental Percentage as to any Lender in respect of any Incremental Facility, the percentage which the aggregate principal amount of such Lender's Incremental Extensions of Credit under such Facility (and, in the case of an Incremental Trade Credit Facility, the Incremental Commitments thereunder) then outstanding constitutes of the aggregate principal amount of the Incremental Extensions of Credit then outstanding under such Facility (and, in the case of an Incremental Trade Credit Facility, the Incremental Commitments thereunder).