Percentage

Percentage. Means, as to each Service Party and as to each Bundle, the percentage determined by dividing that Service Party's Expenditures on such Bundle by the Total Well Construction and Completion Costs attributable to that Bundle. The quantum of each Service Party's Percentage shall vary as to a Bundle until all Project Wells in that Bundle have been completed, at which time it will become a fixed percentage as to ... that Bundle. View More

Percentage. Means, as to a Member, the percentage that the Member's Units bears to the total number of Units outstanding, and as to an Interest Holder who is not a Member, the Percentage of the Member whose Interest has been acquired by the Interest Holder, to the extent the Interest Holder has succeeded to that Member's Interest.

Percentage. Shall mean with respect to each Lender, the percentage that such Lender's Commitment constitutes the maximum amount of the Loan.

Percentage. As used herein, any reference to a specified percentage of Warrants or Warrant Shares shall exclude any Warrants or Warrant Shares held by the Company or a subsidiary thereof.

Percentage. Means (a) 42% as to the Scotiabank Group, and (b) 58% as to Wells.

Percentage. Shall mean the percentage that is equal to the quotient of (i) the number of days in the Fiscal Year that had elapsed as of the Termination Date (and including the Termination Date) divided by (ii) 365 (or 366 if such Fiscal Year is a leap year).