Termination Percentage definition

Termination Percentage has the meaning set forth in Section 2.2.

Termination Percentage. One percent.

Termination Percentage means, with respect to any Terminating Committed Purchaser, a percentage equal to (i) the Capital of such Terminating Committed Purchaser outstanding on its respective Termination Date, divided by (ii) the Aggregate Capital outstanding on such Termination Date.

Examples of Termination Percentage in a sentence

• Each Terminating Financial Institution’s Termination Percentage shall remain constant prior to the Amortization Date.

• On and after the Amortization Date, each Termination Percentage shall be disregarded, and each Terminating Financial Institution’s Capital shall be reduced ratably with all Financial Institutions in accordance with Section 2.3.

• Customers requesting termination of service priorto the expiration date of the TPP term will be liable for a termination liability charge, as described below: (Monthly Recurring Rate) X (Months Remaining inBilling) X (Termination Percentage) = Termination Liability Charge Example: A WaveMANSM Customer with a $10,000.00 monthly recurring rate terminates service after 2 years with 1 year (12 months) remaining in a 3 year TPP.

• The termination charge for the minimum billing period is calculated as follows: TariffedYears in Billing Period Termination Percentage 3 40% Example: A customer with a $2,000 monthly rate terminates service with 5 months remaining in the billing period.

• The termination charge for the initial service period is calculated as follows: BilledMonths remainingTerminationmonthly rate xin service periodx percentage.Years in Service Period Termination Percentage 1 20%3 20% Example: A customer with a $2,000 monthly rate terminates service with 5 months remaining in a 3-year service period.

More Definitions of Termination Percentage

Termination Percentage means, on any date of determination, the excess, if any, of (a) the Equity Percentage on such date of determination over (b) 7.5%.

Termination Percentage means -- at any time for any Lender -- the proportion (stated as a percentage) that its Principal Debt bears to the total Principal Debt.

Termination Percentage has the meaning specified in Section 10.3(c).

Termination Percentage means the sum of the Floating Rate Payer Calculation Amounts under each Triggered CDS, divided by the sum of the Floating Rate Payer Calculation Amounts under each Credit Default Swap then outstanding (including, for the avoidance of doubt, any Triggered CDS).

Termination Percentage has the meaning set forth in Section 2.2. Exh. I-25

Termination Percentage means, in the case of:

Termination Percentage has the meaning set forth in Section 2.2(c). For the avoidance of doubt, from and after the date upon which the Capital of all Purchaser Interests of any Non-Renewing Purchaser is reduced to zero, the “Termination Percentage” of such Non-Renewing Purchaser shall equal 0.00%.