Original Percentage means the percentage equivalent to the quotient obtained when (a) the aggregate number of issued and outstanding Common Shares beneficially owned by the CBG Group is divided by (b) the aggregate number of issued and outstanding Common Shares, in each case, immediately prior to a Triggering Event, and, for the avoidance of doubt, such calculation shall be made on a non-diluted basis and shall not include Common Shares underlying unexercised Convertible Securities, including the Warrant.
Original Percentage means, when used in connection with a Triggering Event, the quotient, expressed as a percentage, obtained when (a) the aggregate number of Common Shares beneficially owned by the Altria Group is divided by (b) the aggregate number of issued and outstanding Common Shares, in each case, immediately prior to such Triggering Event; provided, for purposes of clause (b), such number shall exclude outstanding Common Shares resulting from any issuance with respect to which (i) Altria had a Pre-Emptive Right or Top-Up Right and (ii) (A) the period for exercise thereof shall not have expired or (B) to the extent Altria shall have exercised such Pre-Emptive Right or Top-Up Right, the closing of such sale shall not have occurred, in each case, as of immediately prior to such Triggering Event; provided, further, that such calculation shall be made on a non-diluted basis and shall not include Common Shares underlying unexercised Convertible Securities, including any underlying the Purchased Warrant. “Parties” and “Party” have the meanings ascribed to such terms in the Preamble.
Original Percentage means, when used in connection with a Triggering Event, the quotient, expressed as a percentage, obtained when (a) the aggregate number of Common Shares beneficially owned by the Altria Group is divided by (b) the aggregate number of issued
Examples of Original Percentage in a sentence
These amounts shall be calculated by dividing up the cash and Shares in the Liquidity Account according to each Participant’s Original Percentage.
Subject to the terms of the Agreement, the Percentage Interests of Standard Pacific and SPIC existing from time to time shall be determined by this Section 19.1. Standard Pacific’s Original Percentage Interest in the Company (the “SP Original Interest”) was equal to 16.666666%.
In this case, each Original Percentage shall be revalued as follows [specify the revaluation method].
Additional wording to be used if there is more than one Participant 13.3. Each Participant’s Original Percentage shall be revalued as follows [specify the valuation method].
The number of Shares that may be subscribed for by the Purchaser pursuant to a Top-Up Right shall be equal to up to the Original Percentage (as determined at the start of the applicable quarter during which such Top-Up Securities are issued) expressed as a percentage of the Top-Up Securities.
More Definitions of Original Percentage
Original Percentage means, relative to any Lender, the percentage set forth with respect to such Lender on SCHEDULE II.
Original Percentage means the percentage identified in the "Grant % of Total Costs" line entry in the "Summary" section of the Named Project Details at the Acceptance Date or Additional Project Acceptance Date (as applicable) being the result of the following calculation expressed as a percentage: (Original Named Project Grant ÷ Total Scheme Costs) x 100; Partial Termination Event means this Agreement is or could be terminated in relation to one or more particular Named Projects pursuant to Conditions 5.4.2 or 5.4.3;
Original Percentage means, when used in connection with a Triggering Event, the quotient, expressed as a percentage, obtained when
Original Percentage means, when used in connection with a Triggering Event, the quotient, expressed as a percentage, obtained when (a) the aggregate number of Common Shares beneficially owned by the Altria Group is divided by (b) the aggregate number of issued and outstanding Common Shares, in each case, immediately prior to such Triggering Event; provided, for purposes of clause (b), such number shall exclude outstanding Common Shares resulting from any issuance with respect to which (i) Altria had a Pre-Emptive Right or Top-Up Right and (ii) (A) the period for exercise thereof shall not have expired or (B) to the extent Altria shall have exercised such Pre-Emptive Right or Top-Up Right, the closing of such sale shall not have occurred, in each case, as of immediately prior to such Triggering Event; provided, further, that such calculation shall be made on a non-diluted basis and shall not include Common Shares underlying unexercised Convertible Securities, including any underlying the Purchased Warrant.
Original Percentage has the meaning specified in Section 11.19.
Original Percentage means, relative to any Bank or NBD Bank, the percentage set forth with respect to such Bank on the schedule attached hereto as Schedule 11.19 and (ii) "Closing Date Percentage" means, relative to any Bank, the percentage set forth with respect to such Bank on the schedule attached hereto as Schedule 11.19.
Original Percentage means, relative to any Bank, the percentage set forth with respect to such Bank on the schedule attached hereto as Schedule 4 and (ii) "Closing Date Percentage" means, relative to any Bank, the percentage set forth with respect to such Bank on the schedule attached hereto as Schedule 4. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]