Applicable Percentage

Applicable Percentage. Except as provided otherwise in the next sentence, the term "Applicable Percentage" shall mean: (i) 0% during the one-year period commencing on the date hereof; (ii) 20% during the one-year period commencing on the first anniversary of the date hereof; (iii) 40% during the one-year period commencing on the second anniversary of the date hereof; (iv) 60% during the one-year period commencing on the third anniversary of the date hereof; (v) 80% during the one-year period commencing on the fourth... anniversary of the date hereof, and (vi) 100% on and after the fifth anniversary of the date hereof. Notwithstanding the foregoing, immediately prior to and after the occurrence of a Change in Control, such Applicable Percentage shall mean 100%. View More

Applicable Percentage. With respect to any Offering Period, [●]%; provided, however, that prior to the Offering Commencement Date applicable to any such Offering Period, the Committee may determine a higher or lower Applicable Percentage so long as such percentage remains eighty five percent (85%) or greater.

Applicable Percentage. Means, with respect to any person on any date of determination, the quotient, expressed as a percentage, determined by dividing (i) the number of Company Common Stock owned (directly or indirectly) by such person determined on a Fully Diluted Basis by (ii) the total number of Company Common Stock that are issued and outstanding determined on a Fully Diluted Basis.

Applicable Percentage. Two hundredths (.02).

Applicable Percentage. Shall mean (a) if no Additional Securities are included in the Shelf Registration Statement, 100%, or (b) if Additional Securities are included in the Shelf Registration Statement, the quotient (expressed as a percentage) derived by dividing the number of Registrable Securities by the total number of Registrable Securities and Additional Securities.

Applicable Percentage. The table in the definition of "Applicable Percentage" is hereby deleted in its entirety and replaced with the following table: Tier Level Total Debt Leverage Ratio Applicable Percentage for Eurodollar Loans Applicable Percentage for Base Rate Loans Applicable Percentage for Unused Line Fees 1 34.50 to 1.00 3.75 % 2.50 % 0.50 % 2 34.00 to 1.00 but <4.50 to 1.00 3.50 % 2.25 % 0.50 % 3 33.50 to 1.00 but <4.00 to 1.00 3.25 % 2.00 % 0.50 % 4 <3.50 to 1.00 3.00 % 1.75 % 0.50 %

Applicable Percentage. Means percent ( %). *

Applicable Percentage. The Applicable Percentage of the aggregate amount of net cash proceeds received by the Corporation and its Subsidiaries since the most recent Measurement Date (without double counting proceeds received in any prior Measurement Period) from the sale of Common Stock and rights to acquire Common Stock (including Common Stock and rights to acquire Common Stock issued pursuant to the Corporation's reinvestment plan or employee benefit plans) to Persons other than the Corporation and its... Subsidiaries; plus View More

Applicable Percentage. Shall mean one of the following margins determined based on the ratio of Borrowers' Total Funded Indebtedness to EBITDA from time to time: Ratio of Total Funded Indebtedness Applicable to EBITDA Margin ----------------------------------------------- ------ greater than or equal to 3.5 to 1.0 50 basis points less than 3.5... to 1.0, but greater than or equal to 3.0 to 1.0 50 basis points less than 3.0 to 1.0, but greater than or equal to 2.50 to 1.0 37.5 basis points less than 2.5 to 1.0, but greater than or equal to 2.0 to 1.0 37.5 basis points less than 2.0 to 1.0, but greater than or equal to 1.5 to 1.0 25 basis points less than 1.5 to 1.0 25 basis points -7- The Applicable Percentage shall be determined on a quarterly basis upon the receipt, review and approval by Agent of Borrowers' financial statements for such quarter, which financial statements shall include, inter alia, a calculation of Borrowers' Total Funded Indebtedness to EBITDA as of the end of such quarter. Any change to the Applicable Percentage shall be effective on the date of receipt of the foregoing financial statements. If Borrowers fail to deliver to Agent the foregoing financial statements, the Applicable Percentage shall be the highest such level set forth above. View More

Applicable Percentage. 1.0% (the "Applicable Percentage") of NIBT for each Plan Year, commencing with the Initial Plan Year and continuing through the Term of this Agreement.