Class Percentage definition

Class Percentage. With respect to each Class of Subordinate Certificates, for each Distribution Date, the percentage obtained by dividing the Class Principal Amount of such Class immediately prior to such Distribution Date by the sum of the Class Principal Amounts of all Certificates immediately prior to such date.

Class Percentage means, with respect to any Class with respect to any Distribution Date or any Trust Distribution Date, as applicable:

Class Percentage. For each Distribution Date and for each Class of Certificates or Interests, as applicable, the percentage obtained by dividing the Certificate Balance of such Class of Certificates or Interests, as applicable, immediately prior to such Distribution Date by the then aggregate Certificate Balance of all of the Certificates or Interests, as applicable.

Examples of Class Percentage in a sentence

• Such reduction in the Class Investor Interest will not result in any change in any numerator for purposes of determining any Class Percentage with respect to such Class if a Fixed Principal Allocation Event with respect to such Series has previously occurred.

• If the Fund has multiple Classes, any increase or decrease in the net asset value of each Class for the Accounting Period shall be credited or debited (as the case may be) Pro Rata to the Capital Accounts relating to that Class, according to the Class Percentage of each Capital Account.

• The revenue requirement necessary to recover all Part 1 and Part 2 stranded costs will be allocated among rate classes as follows: Rate Class Percentage of Total Revenue Requirement Residential Service (R, R-OTOD), (ROTOD-2) 48.75 General Service (G, G-OTOD) 25.00 Primary General Service (GV, B*) 20.00 Large General Service (LG, B**) 5.75 Outdoor Lighting Service (OL, EOL, EOL-2) 0.50 *Rate B customers who would qualify for Rate GV except for their own generation.

• Notwithstanding Section 6.4, any nonrecourse deductions (as defined in Regulations Section 1.704-2(b)(1)) for any Fiscal Year or other period shall be specially allocated to the Members in proportion to their Class Percentage Interests.

• Losses with respect to a Fiscal Year, derived from or attributable to a Property shall be allocated in the following order of priority: (a) first, to the Capital Members of the corresponding Membership Class in accordance with their Class Percentage Interests, until their Capital Sub-Account has been reduced to zero, and (b) thereafter 70% to Capital Members and 30% to the Manager.

More Definitions of Class Percentage

Class Percentage means, for any Member of a Class, a fraction, expressed as a percentage, the numerator of which fraction shall be the Capital Account balance of such Member and the denominator of which fraction shall be the total Capital Account balance of all Members of the Class, as may be amended from time to time upon the transfer, issuance or redemption of Interests in the Company accordance with this Agreement.

Class Percentage with respect to any Class of any Series shall have the meaning specified in the applicable Series Supplement.

Class Percentage means, for any class on any distribution date:

Class Percentage means, with respect to any Class and at any time of determination, the Net Investment with respect to such Class expressed as a percentage of the aggregate Net Investment with respect to all Classes, each as of such time of determination.

Class Percentage means the Class A Percentage or the Class B Percentage, as the case may be.

Class Percentage means, with respect to any Class of Shares of a PPF, on any Valuation Date, the percentage equivalent of a fraction, the numerator of which is the product of the NAV with respect to such Class of Shares of such PPF multiplied by the number of shares of such Class of Shares of such PPF outstanding, and the denominator of which is the sum with respect to each Class of Shares with respect to such PPF of the product of (i) the NAV with respect to such Class of Shares of such PPF multiplied by the number of shares of such Class of Shares with respect to such PPF outstanding.

Class Percentage. With respect to each Class of Notes and Payment Date, the ratio, expressed as a percentage, of the aggre- gate Principal Balance of such Class of Notes to the aggregate Principal Balance of the Notes, in each case immediately prior to such Payment Date. Closing Date: March 12, 1997.