Participation Percentage definition

Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

Participation Percentage shall have the same meaning as in Section 10.3(f)(i) of the Merger Agreement, except that the numerator and denominator shall be calculated based on the number of shares of WPL Common Stock which would be issuable (or, in the case of WPL, retained by its shareholders) on a fully diluted basis had the Effective Time occurred as of the date on which the Exercise Notice is delivered under Section 2 hereof or the date on which demand for the Trigger Payment (as defined herein) is given under Section 5 hereof, as the case may be. Other capitalized terms used herein but not defined herein shall have the meanings set forth in the Merger Agreement.

Participation Percentage means the Participation Percentages as set forth in Exhibit A hereto, as such Participation Percentages may be modified in accordance herewith.

Examples of Participation Percentage in a sentence

• The dollar amount set forth in the Disbursement Request shall be calculated based on the Participation Percentage as set forth originally in Appendix D of this Agreement or as may be adjusted from time to time to account for changed conditions in the project financing scheme.

• The Recipient shall, at a minimum, contribute to the Project (the "Local Subdivision Contribution") the Local Subdivision Participation Percentage as set forth in Appendix D of this Agreement.

• The Recipient shall, at a minimum, contribute to the Project the Local Subdivision Participation Percentage as set forth in Appendix B of this Agreement.

• The dollar amount set forth in the Disbursement Request shall be calculated based on the Participation Percentage set forth on Page One of this Agreement or as amended, to account for changed conditions in the Project financing scheme.

• We may cancel this Policy within thirty-one (31) days of written notice prior to the date of cancellation, only: (1) if the number of Insureds is less than the Minimum Participation Number shown on the Schedule of Benefits; or(2) if the percentage of Eligible Persons insured is less than the Minimum Participation Percentage shown on the Schedule of Benefits.

More Definitions of Participation Percentage

Participation Percentage means, as of a particular date of determination, the percentage set forth opposite such term on Schedule A hereto.

Participation Percentage means the percentage set forth opposite such term on Schedule A hereto.

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

Participation Percentage means, for a Fiscal Year, a percentage specified by Corporation’s CEO, with the approval of the Compensation Committee, to determine Executive’s Retailer Services Department Performance Improvement Incentive Plan bonus. For Fiscal 2006, Executive’s Participation Percentage is 1.25%. For Fiscal 2007, Corporation’s CEO, with the approval of the Compensation Committee, will specify Executive’s Participation Percentage no later than May 31, 2006.

Participation Percentage means, with respect to any Participation Interest in a Participated Mortgage Loan, a percentage of undivided ownership interest in such Participated Mortgage Loan equal to: (a) the Standard Participation Percentage; or (b) if Bank elects, in its sole discretion, to make an Advance for the purchase of such Participation Interest which is greater or less than the amount equal to the Standard Participation Percentage multiplied by the outstanding principal amount of such Participated Mortgage Loan as of the related Purchase Date, then the amount of such Advance divided by such outstanding principal amount, expressed as a percentage; as the Participation Percentage for such Participated Mortgage Loan is reflected on Bank’s books and records. Upon any repurchase of all or any portion of Bank’s outstanding Participation Interest in any Participated Mortgage Loan by Seller hereunder, Bank’s then-current Participation Percentage in such Participated Mortgage Loan shall be adjusted pursuant to this Agreement to give effect to such repurchase. The Participation Percentage for any Participated Mortgage Loan shall be the percentage reflected on Bank’s books and records from time to time for such Participation Percentage, absent manifest error conclusively established by Seller.

Participation Percentage means each Activity Participant’s allocated share of Activity Agreement Expenses determined as described in Section 10 of this Agreement and set forth on Exhibit “B” as updated from time to time.

Participation Percentage has the meaning set forth in Section 4.2(a).