INVESTMENT PERCENTAGE. A percentage established for each Member on the Company’s books as of the first day of each Fiscal Period. The Investment Percentage of a Member for a Fiscal Period shall be determined by dividing the balance of the Member’s Capital Account as of the commencement of such period by the sum of the Capital Accounts of all of the Members as of the commencement of such period. The sum of the Investment Percentages of all Members for each Fiscal Period shall equal 100%.
INVESTMENT PERCENTAGE. A percentage established for each Member on the Master Fund’s books as of the first day of each Fiscal Period. The Investment Percentage of a Member for a Fiscal Period shall be determined by dividing the balance of the Member’s Capital Account as of the commencement of such period by the sum of the Capital Accounts of all of the Members as of the commencement of such period. The sum of the Investment Percentages of all Members for each Fiscal Period shall equal 100%.
INVESTMENT PERCENTAGE. 4 Section 1.29. LOSS CARRYFORWARD AMOUNT................................4 Section 1.30. MANAGEMENT FEE..........................................4 Section 1.31. MANAGER.................................................4 Section 1.32. MEMBER..................................................4 Section 1.33. NET ASSETS..............................................4 Section 1.34. NET PROFITS OR NET LOSSES...............................5 Section 1.35. 1940 ACT................................................5 Section 1.36. ORGANIZATIONAL MEMBER...................................5 Section 1.37. PLACEMENT AGENT.........................................5 Section 1.38. PRINCIPAL DIRECTOR......................................5 Section 1.39. PROMISSORY NOTE.........................................5 Section 1.40. Private Placement Memorandum............................5 Section 1.41. SECURITIES..............................................5 Section 1.42. TAXABLE YEAR............................................5 i Table of Contents Page Section 1.43. TRANSFER................................................5
INVESTMENT PERCENTAGE. The proportion of BEA qualified activities and CRA-eligible activities in highly distressed census tracts are addressed by the Investment Percentage theme. Xxxxx were asked what percentage of their BEA investments are in addition to what they would invest to comply with CRA. Estimates of investments that were in addition to what was reported to CRA ranged from 10 to 15 percent up to 100 percent. Bank size did not seem to be related to these estimates. Small banks seemed to be able to better separate the BEA investments from their general CRA activities. One small bank said all of their lending is BEA-eligible, and goes to CDFIs. Another small bank uses the BEA Program award to offset the cost of servicing loans; the BEA Program award covers approximately 40 percent of those costs. Over 80 percent of an urban small bank's loans were CRA eligible; about 30 percent were BEA eligible. This information is based on an annual analysis the bank does on its loans. About 25 percent of another small bank's BEA eligible investments are in more highly distressed areas than the bank would make in order to meet CRA requirements. The respondent based this estimate on the loans tracked by the bank by census tract. A small non-awardee bank estimated 10 to 15 percent of its investments are for BEA eligible activities only. One intermediate-small bank estimated 60 percent of its lending is in very low income areas, but all of their lending is CRA eligible. However, a large bank separated the percentages by lending activity, stating about 75 percent of its lending is in low moderate income tracts; small business loans are about 40 percent; and about 25 percent is multi-family dwellings. Approximately 30 percent of another large bank's investments are in BEA-eligible census tracts and beyond what they would report for CRA. The large awardee bank stated almost all CDFI investments are CRA. BEA-based investments are approximately 13 percent of a third large bank’s investments. One of the CDFI partners noted approximately 75 percent of its loans are in lower income census tracts, but that partner also said they were not aware the funding came from a BRA Program award. Another partner, however, said all of the money it receives from BEA Program awardees is for BEA-related activities. Understanding how institutions decide to invest their funds is addressed by the above themes of BEA and CRA Effects on Investment Decisions and Investment Percentage. Most banks consider CRA first when...
INVESTMENT PERCENTAGE. A Shareholder's investment percentage shall be determined as of the start of each month by dividing the value of the Shareholder's capital account as of the beginning of the month by the sum of the capital accounts of all of the Shareholders as of the beginning of such month.
INVESTMENT PERCENTAGE. The Co-Investors agree that their investment percentage in the three stages of the investment for the Project shall always be: Party A 40%, Party B 30%, and Party C 30%.
INVESTMENT PERCENTAGE. A percentage established for each Member on the Master Fund’s books as of the first day of each Fiscal Period. The Investment
INVESTMENT PERCENTAGE. 4 Section 1.29
INVESTMENT PERCENTAGE. 4 Section 1.29. LOSS CARRYFORWARD AMOUNT.....................................4 Section 1.30. MANAGEMENT FEE...............................................4 Section 1.31. MANAGER......................................................4 Section 1.32. MEMBER.......................................................4 Section 1.33. NET ASSETS...................................................4 Section 1.34. NET PROFITS OR NET LOSSES....................................5 Section 1.35. 1940 ACT.....................................................5 Section 1.36. ORGANIZATIONAL MEMBER........................................5 Section 1.37. PLACEMENT AGENT..............................................5 Section 1.38.
