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Asset Percentage
Asset Percentage contract clause examples
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Royalty Percentage. [[PolyOne:Organization]] shall pay to Integral a percentage as set forth on [Schedule 6.2] of the Net Sales of all Licensed Materials sold in the Field during the Term by [[PolyOne:Organization]], any of [[PolyOne:Organization]]’s Affiliates, or any Other Sublicensees (collectively, the “Royalty Fees”).

. The Borrower and the Lenders authorize the [[Administrative Agent:Organization]] to ratably adjust the Percentage of each Term Lender or Revolving Lender in order to give effect to any Incremental Commitment with respect to the Term Loan Commitment or Revolving Loan Commitment, as the case may be. Upon a Lender providing any Incremental Commitment, each other Lender in the same Class as such Lender that does not participate in such Incremental Commitment shall have its Percentage reduced on a pro rata basis such that the total Percentage of all Lenders of such Class shall remain 100%.

Valuation Percentage. If at any time the Valuation Percentage assigned to an item of Eligible Credit Support with respect to a party (as the Pledgor) under this Annex is greater than the maximum permitted valuation percentage (prescribed or implied) for such item of collateral under any law requiring the collection of variation margin applicable to the other party (as the Secured Party), then the Valuation Percentage with respect to such item of Eligible Credit Support and such party will be such maximum permitted valuation percentage, as notified by the Secured Party to the Pledgor.

Performance Percentage. The percentage of the Performance-Based LTIP Units subject to each index measurement (each, a “Performance Percentage”) will be based on the percentile rank of the Company’s TSR relative to the constituents of each of the SNL US REIT Retail Shopping Center Index and the SNL US REIT Retail Index, respectively, for the Performance Period, as set forth in the table below. To the extent that actual performance for the Performance Period falls between the percentile ranks set forth below (but exceeds the level needed for a Performance Percentage equal to 25%), the Performance Percentage shall be determined through linear interpolation.

Aggregate Payout Percentage. An aggregate payout factor (the “Aggregate Payout Percentage”) will be calculated based upon the funding schedule as approved by the Leadership Development and Compensation Committee.

Community Jobs Percentage. At the end of each 12-month period during the Goal Period (each a “Goal Year”), the number of full-time jobs at the Project shall be calculated and shall be divided by the applicable Community Jobs Goal and converted to a percentage to determine the “Community Jobs Percentage.”

Notwithstanding the foregoing, in no event shall the LIBOR Rate be less than 1.0%.

Aggregate Payout Percentage. An aggregate payout factor (the “Aggregate Payout Percentage”) will be calculated based upon the funding schedule as approved by the Leadership Development and Compensation Committee.

For purposes of this Section A, the following definitions and rules apply:

Charged-Off Percentage. As of the end of any calendar month, beginning with the third calendar month after the Closing Date, the three-month rolling average Charged-Off Percentage for the most recently completed three (3) calendar month period (including such calendar month) shall not be greater than five and one-quarter percent (5.25%).

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