Percentage Limitation definition

Percentage Limitation has the meaning set forth in Section 7.2(a).
Percentage Limitation. The definition of "Percentage Limitation" contained in Section 1.1 of the Standstill Agreement is hereby amended by the deletion thereof in its entirety and the substitution of the following in lieu thereof:
Percentage Limitation means 10.7% of the total number of shares of the Common Stock outstanding from time to time, or such lesser percentage as Bull Run may own from time to time, but in no event less than 10.1% (the computation of the Percentage Limitation shall not include any shares of the Common Stock issuable or issued upon the exercise of the Warrants or issuable upon conversion or exercise of any other outstanding convertible or exchangeable securities)."

Examples of Percentage Limitation in a sentence

  • As a result, Redmile has the right to increase the Redmile Percentage Limitation to any percentage in excess of 19.99% at its election.

  • Except as provided in Section 4.2, the maximum Annual Deferral Amount for a Participant during any taxable year shall not exceed the lesser of the Dollar Limitation or the Percentage Limitation.

  • Compensated Employee must satisfy the Deferral Percentage Limitation under Code Section 408(k)(6) and paragraph 1.4 herein.

  • Amounts in excess of the Deferral Percentage Limitation will be deemed excess SEP contributions on behalf of the affected Highly Compensated Employee.

  • Section 2.21 Percentage Limitation The Percentage Limitation means 100 percent of the Participant’s Includible Compensation for the taxable year.


More Definitions of Percentage Limitation

Percentage Limitation has the meaning set forth in Section 3.1 of the Agreement.
Percentage Limitation means 100% of the average of Allowable ---------------------- Compensation (as defined in Article 2) paid or accrued over the three (or the Participant's actual number of years of Service, if fewer) consecutive Limitation Years included in the Participant's Service which produce the highest average. If a Participant has completed less than ten years of Service with a Member Employer, this limitation shall be adjusted by multiplying such amounts by a fraction, the numerator of which is the Participant's number of years of Service (or part thereof), and the denominator of which is ten. In no event shall the reduction for less than 10 years of Service reduce this limitation to an amount less than one-tenth of the applicable limitation (as determined without regard to this paragraph).
Percentage Limitation means the lesser of: (i) all of the shares of stock of CAC Canada owned or at any time and from time to time acquired by the Company or any other Debtor and (ii) sixty-five percent (65%) of the aggregate share capital of CAC Canada at any time or from time to time issued and outstanding determined in accordance with Section 956 of the Internal Revenue Code of 1986, as amended from time to time, and the regulations promulgated thereunder.
Percentage Limitation means:
Percentage Limitation means the limitation on reimbursement of Project Costs from Public Financing Proceeds set forth in 4.02(e) hereof.
Percentage Limitation means the lesser of (i) all of the shares of the Issuer owned or at any time and from time to time acquired by the Chargor or any of its Subsidiaries and (ii) sixty-five percent (65%) of the aggregate share capital of the Issuer at any time or from time to time issued and outstanding (determined in accordance with Section 956 of the Internal Revenue Code of the United States of America, as amended from time to time);
Percentage Limitation means the limitation (expressed as a percentage of the Member’s compensation) on the amount of the Member’s Before-Tax Member Contributions (other than Catch-Up Contributions) for any Plan Year, as described in Section 4.1 of the Plan.