Variable Percentage definition

Variable Percentage means 65%.

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Variable Percentage means (x) if no Event of Default has occurred or is continuing, 72.5% or (y) if an Event of Default has occurred and is continuing, 70%.

Variable Percentage means, for any date of determination, twenty-five percent (25%). For the avoidance of any doubt, the Conversion Rate shall only be amended for that certain Convertible Note Agreement between the Company and Investor dated April 23rd, 2014 and not that Convertible Note Agreement between the Company and Investor dated May 23rd, 2014.

Examples of Variable Percentage in a sentence

For each Transaction Confirmation, DS Fixed Percentage + DS Variable Percentage specified shall add to 100%.
Such payments shall be limited to the percentage rates as of August 2, 2005 in the Variable Percentage Buy-In Table issued by MPSERS.
For purposes of this Agreement, the Variable Percentage shall be the sum of: (i) twenty-five (25%) percent, and (ii) one and (1.25) one-quarter multiplied by the number of percentile points by which EBITDA exceeds eighty (80%) percent of Projected EBITDA.
DS Variable Percentage – The percentage of DS Supply provided at a variable price, as set forth in Appendix C hereto.
With respect to each fiscal year beginning or ending during the Term of this Agreement for which EBITDA is not less than eighty (80%) percent of Projected EBITDA, the Performance Bonus shall be an amount equal to the Variable Percentage for such fiscal year multiplied by the Executive’s highest annual base salary rate for such fiscal year (the “Executive’s Base Salary”).

More Definitions of Variable Percentage

Variable Percentage means, with respect to any Type of Accommodation under either Credit Facility for any particular day, the percentage per annum set out in SCHEDULE 3, which is applicable to such Type of Accommodation under such Credit Facility based on the highest level on the grid set forth in SCHEDULE 3 under the heading "Senior Debt Ratio" in respect of which the Senior Debt Ratio was met for the fiscal quarter immediately preceding the fiscal quarter during which such day occurs.

Variable Percentage means, for any date of determination, (x) if such date of determination is on or prior to the Lockup End Date, twenty-five percent (25%) or (y) if such date of determination is after the Lockup End Date, thirty percent (30%).

Variable Percentage means, for any date of determination, (A) if such date of determination is on or prior to December 19, 2014, twenty percent (20%) or (y) if such date of determination is after December 19, 2014, twenty-five percent (25%).

Variable Percentage means (A) if the applicable Variable Conversion Base Price is less than or equal to $0.45 (as adjusted for stock splits, stock dividends, stock combinations or other similar transacitons), 85% or (B) if the applicable Variable Conversion Base Price is greater than $0.45 (as adjusted for stock splits, stock dividends, stock combinations or other similar transacitons), 80%.