Transfer Percentage definition

Transfer Percentage means the percent of the transfer- or’s total payroll for a recent and representative period preceding the transfer date, which is properly assignable to the transferred business. The recent and representative period shall be the four most recently completed calendar quarters preceding the transfer date, except that the period may be expanded to include the partial quarter immediately preceding the transfer if the transfer date did not fall on a quarter ending date and there was no payroll assign- able to the transferred portion of the business in the four most recently completed quarters.
Transfer Percentage means with respect to any Transfer of Common Shares, the percentage of the then outstanding Common Shares subject to such Transfer.
Transfer Percentage has the meaning given that term in Section 3.02(b).

Examples of Transfer Percentage in a sentence

  • With the exception of a capacity emergency in the unit’s Native BA that the threshold values for all generators on which Dynamic Transfers are in place, that are not PJM capacity resources, be raised to each units’ economic maximum (or lower the percentage to zero), bringing the Balancing Authority, the Dynamic Transfer percentage for a given unit or combined cycle plant may not be changed during the Operating Day.

  • With the exception of a capacity emergency in the unit’s Native BA, the Dynamic Transfer percentage for a given unit or combined cycle plant may not be changed during the Operating Day.

  • There are many things to consider (profit liability; long-term infrastructure; Physical Damage; Risk Transfer; percentage of vehicles).

  • Thus, despite the promise of circular economy solutions for end-of-first-life LIBs, many unknowns still limit widespread adoption, especially related to liability issues and regulatory voids (Babbitt, 2020).

  • Chair Jung requested Mr. Dick have a discussion with County Manager Slaughter regarding establishing a sustainable model for General Fund Transfer percentage.


More Definitions of Transfer Percentage

Transfer Percentage shall have the meaning set forth in Section 7(a).
Transfer Percentage means, as of any date, with respect to any Person, (x) the aggregate number of Common Shares transferred prior to such date by such Person, other than any Common Shares transferred to Permitted Transferees of such Person, divided by (y) the Initial Ownership of Common Shares of such Person.
Transfer Percentage has the meaning set forth in Section 5.1.
Transfer Percentage means, as of any date of determination with respect to each class or type of Securities to be sold by a Tag-Along Sponsor or Drag-Along Sponsor (as applicable) in connection with any Tag-Along Sale or Drag-Along Sale (as applicable), a percentage equal to (i) a fraction, (x) the numerator of which shall equal the aggregate number of Securities of such class or type proposed to be transferred by the Tag-Along Sponsor or Drag-Along Sponsor (as applicable) pursuant to such Tag-Along Sale or Drag-Along Sale (as applicable), and (y) the denominator of which shall equal the aggregate number of Securities of such class or type held by such Tag-Along Sponsor or Drag-Along Sponsor (as applicable) (and any Affiliates thereof) as of such date of determination, multiplied by (ii) 100; provided that, with respect to any Tag-Along Sale or Drag-Along Sale (as applicable), the Transfer Percentage applicable to any Tag-Along Seller's or Drag-Along Seller's (as applicable) Class A2 Shares and Class B Shares shall be deemed to be equal to (i) a fraction, (x) the numerator of which shall equal the aggregate number of Class A1 Shares proposed to be transferred by the Tag-Along Sponsor or Drag-Along Sponsor (as applicable) pursuant to such Tag-Along Sale or Drag-Along Sale (as applicable), and (y) the denominator of which shall equal the aggregate number of Class A1 Shares held by such Tag-Along Sponsor or Drag-Along Sponsor (as applicable) (and any Affiliates thereof) as of such date of determination, multiplied by (ii) 100; provided further that, with respect to any CoC Tag-Along Sale, the Transfer Percentage applicable to any Tag- Along Seller's Class C Shares shall be deemed to be equal to (i) a fraction, (x) the numerator of which shall equal the aggregate number of Class A1 Shares proposed to be transferred by the Tag-Along Sponsor pursuant to such Tag-Along Sale, and (y) the denominator of which shall equal the aggregate number of Class A1 Shares held by such Tag-Along Sponsor (and any Affiliates thereof) as of such date of determination, multiplied by (ii) 100; provided further that if in the case of a Drag-Along Sale, a Drag-Along Seller holds another type or class of Security which the Drag-Along Sponsor does not hold, such Drag-Along Sponsor may elect, at its sole discretion, to deem the Transfer Percentage applicable to such type or class of Security to be equal to (A) a fraction, (x) the numerator of which shall equal the aggregate number of Class A1 Shares propose...
Transfer Percentage means, with respect to any Prentice Transfer, the percentage determined by dividing the number of shares of Ascendia Brands Common Stock sold by Prentice pursuant to a Prentice Transfer by the total number of shares of Ascendia Brands Common Stock owned by Prentice, on an as-converted, fully-diluted basis (and without giving effect to any limitations on conversion or exercise contained in any convertible or exercisable securities held by Prentice), immediately prior to such Prentice Transfer. Very truly yours, COTY INC. By: /s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Title: Chief Financial Officer Agreed and Accepted this 9th day of February, 2007 ASCENDIA BRANDS, INC. By: /s/ Xxxxxx X. Xxxxxxxx Name: Xxxxxx X. Xxxxxxxx Title: President & Chief Executive Officer
Transfer Percentage means, with respect to any Prentice Transfer, the percentage determined by dividing the number of shares of Ascendia Brands Common Stock sold by Prentice pursuant to a Prentice Transfer by the total number of shares of Ascendia Brands Common Stock owned by Prentice, on an as-converted, fully-diluted basis (and without giving effect to any limitations on conversion or exercise contained in any convertible or exercisable securities held by Prentice), immediately prior to such Prentice Transfer. Very truly yours, By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Agreed and Accepted this 9th day of February, 2007 ASCENDIA BRANDS, INC. By: /s/ Xxxxxx X. Xxxxxxxxx Name: Xxxxxx X. Xxxxxxxxx Title: General Counsel and Secretary
Transfer Percentage means, on any date of determination, the percentage equal to (rounded to the nearest whole percentage) (i) 100% minus (ii) the product of (a) the Expected Loss Projection Percentage and (b) 1.75 minus (iii) the amount available to be withdrawn from the Reserve Account as of the last day of the most recent Settlement Period expressed as a percentage of the Maximum Net Investment minus (iv) in the case of any Contract(s) which upon origination provided for more than 72 monthly payments, 8.0%, provided, that in the event that the Transferor shall have failed to cause a Take-Out to occur at least once in the sixteen (16) consecutive calendar week period (or such longer period as agreed to by the Transferor and the Company) immediately preceding such date of determination, the Transfer Percentage shall, until the Prefunding Date occurring after the next occurring Take-Out, equal the lesser of (x) the Transfer Percentage described above and (y) 92%, in respect of Contracts which upon origination provided for 72 monthly payments or less and 84% in respect of Contracts which upon origination provided for more than 72 monthly payments; provided further that in no case will (i) 100% minus the Transfer Percentage plus the Reserve Account expressed as a percentage of the Maximum Net Investment (after giving effect to any withdrawal therefrom on such date of determination) be less than (ii) the enhancement required for the most recent securitized pool to achieve an Investment Grade Rating.