Rollover Percentage definition

Rollover Percentage means 50.10%, unless, in the case of a transaction, the Specified Conditions are satisfied after giving effect to such transaction, in which case the Rollover Percentage shall mean 40.00%.

Rollover Percentage means, as to any Rollover Lender, the percentage set forth with respect to such Lender on Schedule II under the heading “Rollover Percentage”, which is the percentage determined in accordance with the following formula (but in any event not more than 100%): Lender’s Commitment on the Effective Date Lender’s Aggregate Existing Facility Advances on the Effective Date ; provided that, if such Lender assigns any Commitment or Existing Facility Advances on any date, such Lender shall immediately notify the Borrower and the Administrative Agent (and, if appropriate, such Lender’s Rollover Percentage shall be recalculated after giving effect to such assignment).

Rollover Percentage means an amount, expressed as a fraction, the numerator of which is the Rollover Amount and the denominator of which is the Rollover Securities Amount.

Examples of Rollover Percentage in a sentence

• The maximum number of Class B Units purchased in any calendar quarter pursuant to the exercise of a Call Option shall be the product of (i) the lesser of (A) the sum of (x) twenty-five percent (25%), plus (y) the Buyout Rollover Percentage, and (B) fifty percent (50%), multiplied by (ii) the aggregate number of Class B Units outstanding on the Effective Date.

• The Borrower shall pay to the Administrative Agent for the account of each Lender a commitment fee (the “Commitment Fee”) on the average daily undrawn amount of the Commitment of such Lender during each calendar quarter or portion thereof during the Commitment Period at a rate per annum of 1.0% less, for any Rollover Lender party to the Existing Credit Facility constituting the Revolving Credit Facility, 1% of such Lender’s Rollover Percentage of its undrawn commitment under the Revolving Credit Agreement.

• Notwithstanding anything to the contrary herein, any Company Unitholder who at the Closing owns a Disqualified Unit shall be deemed to have elected a Percentage Election equal to the Individual Minimum Rollover Percentage with respect to such Disqualified Units.

More Definitions of Rollover Percentage

Rollover Percentage means, at any time of determination, (A)(i) the aggregate number of Class A Units then outstanding divided by (ii) the aggregate number of Units (other than Class B Units) then outstanding.

Rollover Percentage means a percentage equal to the number of Rollover Units over the total number of HTA Units outstanding immediately before the Closing Date.

Rollover Percentage means 50.10%, unless, in the case of a transaction, the Specified Conditions are

Rollover Percentage means a fraction, the numerator of which is (i) 0.12, multiplied by (ii) the aggregate subscription price paid by investors subscribing for shares of Parent at or prior to the Closing in accordance with the Steps Plan and Exhibit C (in cash, Purchaser Shares or otherwise, without duplication), and the denominator of which is (iii) the per Share consideration in cash set forth in the definition of Consideration in the Plan of Arrangement, multiplied by (iv) the number of CDPQ Shares. For illustrative purposes only, an example of the Rollover Percentage calculation is set out in Exhibit D hereto.

Rollover Percentage means a fraction, the numerator of which is (i) 0.24, multiplied by (ii) the aggregate subscription price paid by investors subscribing for shares of Parent at or prior to the Closing in accordance with the Steps Plan and Exhibit C (in cash, Purchaser Shares or otherwise, without duplication), and the denominator of which is (iii) the per Share consideration in cash set forth in the definition of Consideration in the Plan of Arrangement, multiplied by (iv) the number of PF Rollover Shareholder Shares. For illustrative purposes only, an example of the Rollover Percentage calculation is set out in Exhibit D hereto. Both the Purchaser Shares issued pursuant to Section 1(5)(a) and the cash paid pursuant to Section 1(5)(a) shall be allocated pro rata to each PF Rollover Shareholder Share or shares of a Qualifying Holdco (as defined below) transferred to Purchaser, subject to the provisions of Section 1(10)(j).

Rollover Percentage means, for each Novacap Rollover Shareholder, a fraction, the numerator of which is (i) such Novacap Rollover Shareholder’s percentage interest in Parent following completion of the transactions contemplated by the Arrangement Agreement and this Agreement as set forth in Schedule B multiplied by (ii) the aggregate subscription price paid by investors subscribing for shares of Parent at or prior to the Closing in accordance with the Steps Plan and Exhibit C (in cash, Purchaser Shares or otherwise, without duplication), and the denominator of which is (iii) the per Share consideration in cash set forth in the definition of Consideration in the Plan of Arrangement, multiplied by (iv) the number of such Novacap Rollover Shareholder’s Novacap Shares. For illustrative purposes only, an example of the Rollover Percentage calculation is set out in Exhibit D hereto.