Designated Percentage definition

Designated Percentage shall have the meaning set forth in Section 1(a) hereof.

Designated Percentage as defined in the definition of “Designated Borrower Asset Coverage Ratio Percentage.”

Designated Percentage in respect of an Option means the percentage of the Designated Amount representing the maximum number of Shares which a Participant may purchase under the Option during each Option Year which, unless otherwise determined by the Company, shall be 20% commencing on the second Option Year, 40% commencing on the third Option Year, 60% commencing on the fourth Option Year, 80% commencing on the fifth Option Year and 100% commencing on the sixth Option Year;

Examples of Designated Percentage in a sentence

• Based on the foregoing, the annual floating dividend rate for any month shall be the rate of interest expressed as a percentage per annum equal to: (a) Prime for such month, multiplied by (b) the Designated Percentage for such month, with the Designated Percentage being the Adjustment Factor for such month plus the Designated Percentage for the preceding month.

• Each Eligible Director shall agree in writing to receive the Designated Percentage of Fees relating to future services as a Director in the form of Phantom Units under the Plan.

• A newly appointed Eligible Director agreeing to receive a Designated Percentage of Fees in the form of Phantom Units under the Plan shall deliver to the Company a completed Participation Form no later than 30 days following the date of his or her appointment to the Board.

• The Committee may change the Designated Percentage with respect to any future Subscription Period, but not to below eighty-five percent (85%), and the Committee may determine with respect to any prospective Subscription Period that the option price shall be the Designated Percentage of the Market Value of a share of the Common Stock on the Purchase Date.

• If the PCFO tracks cash donations separately and pays cash at 100 percent, from the Distribution Schedule, compare the Undesignated Cash Percentage for all organizations to the Designated Percentage in step b.

More Definitions of Designated Percentage

Designated Percentage has the meaning assigned to such term in the Primary Shareholders Agreement.

Designated Percentage means, as of any date of determination thereof, and with respect to any ACS Group Aircraft, the percentage obtained by dividing the then most recent Assumed Base Value of such ACS Group Aircraft by the then most recent Assumed Portfolio Value.

Designated Percentage means, for each Buyer, with respect to each Account Debtor, the percentage set forth under the heading “Designated Percentage” for such Buyer on Schedule II to this Agreement, as such Schedule may be modified or supplemented from time to time upon the request of the Sellers, as approved in advance by the Administrative Agent and the Buyers in writing in their sole and absolute discretion in accordance with the terms of this Agreement.

Designated Percentage has the meaning set forth in Section 4.04.

Designated Percentage means the lesser of (a) sixty percent (60%) multiplied by Borrower’s Eligible Cost (as that term is used and reported in the most recent appraisal report rendered from time to time pursuant to Section 7.3(d) hereof; it being understood that for purposes hereof, “Eligible Cost” shall have the meaning set forth in, and shall be calculated using the method of calculation thereof that is employed, in the appraisal reports delivered prior to the date of this Agreement) of Eligible Inventory consisting of leaf tobacco as reflected on the books and records of Borrower maintained by Borrower in good faith, or (b) eighty-five percent (85%) of the net orderly liquidation value of Eligible Inventory consisting of leaf tobacco as indicated by the most recent appraisal report thereof rendered from time to time pursuant to Section 7.3(d) hereof.

Designated Percentage means (i) with respect to Existing Carried Interests, 40%, and (ii) with respect to each Future Carried Interest, 40% or such percentage as designated from time to time by a General Partner. Such Designated Percentage shall apply to any Future Carried Interests with respect to investments made until such time as a new Designated Percentage is designated by the General Partner. For the avoidance of doubt, the Designated Percentage shall apply to a Future Carried Interest regardless of when the underlying investment is realized.

Designated Percentage means the percentage under the table in Section 3(c), based on the age of the Employee in completed whole years and completed whole months on the date of his or her Separation from Service, Disability or death.