Revised Percentage definition

Revised Percentage has the meaning specified in Section 2.05(c).
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Revised Percentage with respect to any Defaulting Venturer means, as of a given date, a fraction, expressed as a percentage, the numerator of which is such Defaulting Venturer's aggregate Capital Contributions minus the aggregate amount of any Venturer Loan made by a non-defaulting Joint Venturer, together with any interest accrued thereon as hereinafter provided, which has been outstanding for one (1) year and is attributable to a default by such Defaulting Venturer in making any required Capital Contribution and the denominator of which is total capital Contributions of all Joint Venturers. The amounts to be included in the numerator and denominator of the Revised Percentage shall be determined as of the close of business on the day on which such computations are made.
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Revised Percentage. As to each Partner, a fraction expressed as a percentage equal to the Net Unreturned Capital of such Partner divided by the total Net Unreturned Capital of the Partners except that the CNL GP’s Revised Percentage shall not exceed 1%.
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Examples of Revised Percentage in a sentence

  • The Company will promptly provide the Investor with a certificate setting forth the Investor Downward Revised Percentage and the calculation thereof.

  • If such an amendment is given effect after the Closing but prior to the End Date, the Company shall apply the Revised Percentage to the Purchase Price and pay to the Holder within two (2) Business Days of the amendment an amount that is equal to the difference between the Purchase Price at Closing and the new Purchase Price determined by substituting the Revised Percentage for the Base Percentage.

  • In the event that the percentage of Beneficial Ownership of the Total Current Voting Power of CNET held by Restricted Parties (such percentage plus 1%, the "Revised Percentage") exceeds the Standstill Limit due to any Restricted Party acquiring additional shares of Voting Stock of CNET due to CNET's acquisition of any other Person, then the Revised Percentage shall thereafter be deemed to be the Standstill Limit (unless and until further adjusted in accordance with this Agreement).

  • As the CNL Partners contribute additional capital to the Company from time to time pursuant to this Agreement, up to the full amount of CNL Initial Capital Contribution, the Percentage Interests of CNL GP, CNL LP, and C▇▇▇ ▇▇ shall be adjusted as each such contribution of additional capital is made so that each Partner’s Percentage Interest is equal to such Partner’s Revised Percentage.


More Definitions of Revised Percentage

Revised Percentage shall have the meaning set forth in Section 3.5.
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