Safe Harbor Percentage definition
Safe Harbor Percentage means 50%, reduced by three-fourths of a percentage point for each whole percentage point by which the Non-highly Compensated Employee Concentration Percentage exceeds 60%.
Safe Harbor Percentage means 88% of the Foreign Ownership Percentage that, if exceeded by the Partnership, would cause the Partnership to be a Foreign Person.
Safe Harbor Percentage means 88% of the Foreign Ownership Percentage ---------------------- that, if exceeded by ASLP, the Parent, Holdings or any of their respective Affiliates or Subsidiaries, would cause ASLP, the Parent, Holdings or any of their respective Subsidiaries to be a Foreign Person. "Sale/Leaseback Transaction" means any direct or indirect arrangement -------------------------- with any Person or to which any such Person is a party providing for the leasing to the Borrower or any of its Subsidiaries of any property, whether owned by the Borrower or any of its Subsidiaries as of the Effective Date or later acquired, which has been or is to be sold or transferred by the Borrower or any of its Subsidiaries to such Person or to any other Person from whom funds have been, or are to be, advanced by such Person on the security of such property.
Examples of Safe Harbor Percentage in a sentence
Except as set forth on Schedule 5.26, none of the Credit Parties is a Foreign Person, and none of the Credit Parties is owned, directly or indirectly, by a Foreign Person to the extent that the Foreign Ownership Percentage would exceed the Safe Harbor Percentage.
No Foreign Person and no Person more than 15% of the equity of which is owned by Foreign Persons shall have any right to purchase Additional Securities pursuant to this Article IV if following such proposed purchase the Foreign Ownership Percentage of the Partnership would exceed the Safe Harbor Percentage.
More Definitions of Safe Harbor Percentage
Safe Harbor Percentage means 88% of the Foreign Ownership Percentage that, if exceeded by ASLP, Holdings, the Parent, ASG or any of their respective Affiliates or Subsidiaries, would cause ASLP, Holdings, the Parent, ASG or any of their respective Subsidiaries to be a Foreign Person.
Safe Harbor Percentage means 50%, reduced by three-fourths of a percentage point for each whole percentage point by which the Non-highly