Conversion Percentage definition

Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).

Conversion Percentage shall have the meaning ascribed to it in Section 2.4(d)(ii).

Conversion Percentage means 85%; provided, however, that, notwithstanding any other provision hereof, if a Registration Event occurs, then such percentage stated above shall be permanently reduced by two percentage points on each Computation Date (pro rated in the case of any Computation Date which is less than 30 days after a Registration Event occurs or less than 30 days after another Computation Date).

Examples of Conversion Percentage in a sentence

• The schedule of conversion is as follows: Years of Service Sick Leave Conversion Percentage 20 75% 21 80% 22 85% 23 90% 24 95% 25 or more 100% The employee’s sick leave conversion account shall be assigned a present value based on the date of retirement equal to the number of hours of accumulated sick leave times the employee's base hourly rate multiplied by the conversion percentage at the time of retirement.

• Years of Service Conversion Percentage 20 75% 21 80% 22 85% 23 90% 24 95% 25 or more 100% The account would be assigned a present value as of the date of retirement equal to the number of hours of accumulated sick leave multiplied by the employee's base hourly rate multiplied by the conversion percentage at the time of retirement.

• The cash conversion of the sick leave accrued and not used for the usage period in the subsequent years of this Agreement shall be at the following rate: Number of Hours Subject to Cash Conversion Percentage of Regular Rate 80 80% 72 to 79.9 75% 64 to 71.9 70% 56 to 63.9 65% 48 to 55.9 60% 47.9 and less 55% The payment shall be paid in the first pay received in December of each of the subsequent years of the Agreement.

• The schedule of conversion is as follows: Years of Service Sick Leave Conversion Percentage 15 50% 16 55% 17 60% 18 65% 19 70% 20 75% 21 80% 22 85% 23 90% 24 95% 25 or more 100% The employee’s sick leave conversion account shall be assigned a present value based on the date of retirement equal to the number of hours of accumulated sick leave times the employee's base hourly rate multiplied by the conversion percentage at the time of retirement.

• Years of Service Conversion Percentage 15 50% 16 55% 17 60% 18 65% 19 70% 20 75% 21 80% 22 85% 23 90% 24 95% 25 or more 100% The account is assigned a present value as of the date of retirement equal to the number of hours of accumulated sick leave multiplied by the employee's base hourly rate multiplied by the conversion percentage at the time of retirement.

More Definitions of Conversion Percentage

Conversion Percentage has the meaning set forth in Section 2.04(f)(ii).

Conversion Percentage means the lesser of: (i) 100% and (ii) with rounding down to the nearest percentage, the product of 100 multiplied by the quotient of (a) the Spin-Off Value (as defined below) minus the Base Value (as defined in your TFIO Performance Cash Award Agreement), divided by (b) the Base Value.

Conversion Percentage means 82.5%;

Conversion Percentage means (A) prior to the first anniversary of the issuance of the Notes (such issuance date of the Notes, the “Issuance Date”), 75%, and (B) on or after the first anniversary of the Issuance Date, 62.5%.

Conversion Percentage means 100%, subject to adjustment as provided herein;

Conversion Percentage has the meaning set forth in Section 4.7.C hereof.

Conversion Percentage means 80% as adjusted as described herein;