Percentage Decrease definition

Percentage Decrease shall be equal to 1 - Market Value/the Closing Price. "Market Value" shall be the average of the ten (10) closing bid prices per share of the Common Stock during the ten (10) trading days immediately preceding the One Year Anniversary.
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Percentage Decrease shall be equal to 1 - Market Value/the Closing Price. "Market Value" shall be the average of the ten (10) closing bid prices per share of the Common Stock during the ten (10) trading days immediately preceding the Two Year Anniversary. Within three (3) Business Days of the Two Year Anniversary of the Closing, ▇▇▇▇▇▇▇ shall (i) send a notice ("Sale Notice") to the Target Company and the Escrow Agent of the ▇▇▇▇▇▇▇ Protection Shares to be sold by the Target Company to ▇▇▇▇▇▇▇, if any, and (ii) deposit the Escrow Purchase Price with the Escrow Agent, if necessary. Within fourteen (14) Business Days of the Target Company's and the Escrow Agent's receipt of the Sale Notice and Escrow Agent's receipt of the Escrow Purchase Price, the Escrow Agent is authorized and directed simultaneously (i) to pay the Escrow Purchase Price to the Target Company, if any, (ii) to deliver the ▇▇▇▇▇▇▇ Protection Shares, if any, to ▇▇▇▇▇▇▇ and (iii) to deliver the remaining ▇▇▇▇▇▇▇ Escrow Shares, if any, to the Target Company.
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Percentage Decrease table: "Notwithstanding the preceding paragraph, for the *** the GSP for each Grade of Fine Paper that is identified in Exhibit A-1 shall be the applicable GSP as indicated in such exhibit. If no GSP for a Grade is indicated on Exhibit A-1, then the GSP for that Grade shall be determined as provided in the preceding paragraph."
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Examples of Percentage Decrease in a sentence

  • The "Percentage Decrease" shall be equal to 1 - Market Value/the Closing Price.

  • The Purchaser thereafter sells 20,000,000 of its Class A Common Shares, causing the Purchaser’s Adjusted Class A Percentage Interest to be 36.36% (80.0 million divided by 220.0 million), representing a Purchaser’s Percentage Decrease of 9.09%.

  • Upon the occurrence of the Purchaser’s Percentage Decrease, a number of Class B Common Shares held by the Purchaser as determined by multiplying the aggregate number of Class B Common Shares then owned by the Purchaser by the Purchaser’s Percentage Decrease shall be transferred to the Class B Holders (other than the Purchaser) on a pro rata basis.

  • As a result 2,727,000 of the Class B Common Shares held by the Purchaser would be transferred to the other Class B Holders on a pro rata basis, calculated as the 9.09% Purchaser’s Percentage Decrease multiplied by 30,000,000.

  • Notwithstanding the above, the aggregate Camber Percentage Increase shall not exceed 5 and the aggregate Camber Percentage Decrease shall not exceed 5 pursuant to adjustments made to the Camber Percentage pursuant to this Section 1.5(b).

  • Within two (2) business days of the Company's and the Escrow Agent's receipt of the Sale Notice and the Purchase Price, the Escrow Agent is authorized and directed (i) if there is a Percentage Decrease, to distribute the Purchase Price to the Company, (ii) if there is a Percentage Decrease, the Protection Shares and the Stock Powers to the Purchaser and (iii) the remaining Escrow Shares, if any, and the Stock Powers, if there was no Percentage Decrease, to the Company.

  • If the Market Value of the Common Stock two years after Closing is less than the closing bid price of the Common Stock on the day of Closing (the "Closing Price"), 1 - Market Value/the Closing Price, shall be the percentage decrease in the value of the Common Stock (the "Percentage Decrease").

  • On the first (1st) anniversary of the Closing Date, the Warrant Percentage shall be decreased by the MRR Percentage Decrease, if any, resulting in the adjustment of the number of Warrant Shares purchasable hereunder, pursuant to Section 4.2 of the APA.

  • The Cash Consideration, the amount due under the Note and the number of shares issuable pursuant to the Warrant shall be adjusted as follows: (x) the Cash Consideration shall be decreased on the Closing Date, by the amount of Customer Prepayments, if any; (y) the principal balance of the Note shall be decreased by an amount equal to the product of the MRR Percentage Decrease multiplied by the Multiple Price, and (z) the Warrant Percentage shall be decreased by the MRR Percentage Decrease, if any.

  • A-1 Within three (3) business days of the two year anniversary of the Closing, the Purchaser shall (i) send a notice ("Sale Notice") to the Company and the Escrow Agent of the Percentage Decrease, if any, and the corresponding number of Ordinary Shares to be sold by the Company to the Purchaser from the Escrow Shares, if any, and (ii) the Purchase Price to the Escrow Agent, if necessary.


More Definitions of Percentage Decrease

Percentage Decrease shall have the meaning set forth in Section 6.4(b) of this Agreement.
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Related to Percentage Decrease

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Proportionate Percentage means, with respect to any Stockholder as of any date, the result (expressed as a percentage) obtained by dividing (i) the number of shares of Common Stock owned by such Stockholder as of such date by (ii) the total number of shares of Common Stock outstanding as of such date.

  • Percentage Share means the percentage of the Aggregate Commitments to be provided by a Lender under this Agreement as indicated on Annex I hereto, as modified from time to time to reflect any assignments permitted by Section 12.06(b).

  • Class B-6 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Percentage for such Distribution Date will be zero.

  • Constant Percentage 1 means 100%;