Percentages. Any references to percentages herein shall mean liquid volume percent.
Percentages. The U.S. Borrower acknowledges that each payment made pursuant to this subparagraph (iii) in respect of any Tranche C-3 L/C Disbursement is required to be made for the benefit of the distributees indicated in the immediately preceding sentence. Any payment made from the Tranche C-3 Credit-Linked Deposit Account, or from funds of the Administrative Agent, pursuant to this paragraph to reimburse an Issuing Bank for any Tranche C-3 L/C Disbursement shall not constitute a Loan and shall not relieve the U.S. Borrower of its obligation to reimburse such Tranche C-3 L/C Disbursement.
Percentages. None of the foregoing provisions of this Section 9.5 will relieve any defaulting or breaching Underwriter from liability for its defaults or breach. In addition, you will pay upon request of the Manager, as contribution, your Underwriting Percentage of any Losses, joint or several, paid or incurred by any Indemnified Party to any person other than an Indemnified Party, arising out of or in connection with any untrue statement or alleged untrue statement of a material fact contained in any ABS Underwriter Derived Information, or the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading (other than an untrue statement or alleged untrue statement or omission or alleged omission made in reliance upon and in conformity with information furnished to the Company In Writing by the Underwriter on whose behalf the request for contribution is being made expressly for use therein) and your Underwriting Percentage of any expenses, including fees and expenses of counsel, as they are incurred, reasonably incurred by the Indemnified Party (with the approval of the Manager) on whose behalf the request for contribution is being made in connection with investigating, preparing for, or defending any such Loss or any action in respect thereof; provided, however, that any Losses, joint or several, paid or incurred by any Underwriter, arising out of or based upon any ABS Underwriter Derived Information which was used only by such Underwriter, or in connection with the preparation of which the Underwriter is found to have acted with gross negligence or willful misconduct in a final judgment of a court of competent jurisdiction, will be paid solely by the Underwriter. For the avoidance of doubt, references to an “Underwriter” or “you” in this Section 9.5 shall include the Manager in its role as an Underwriter.
Percentages. The Company shall use commercially reasonable efforts to the extent practicable (taking into account the minimum denominations required for prepayments) to allocate prepayments hereunder such that, after giving pro forma effect to each such prepayment, the percentage of unused Tranche 1 Commitments relative to the Aggregate Tranche 1 Commitments and unused Tranche 2 Commitments relative to the Aggregate Tranche 2 Commitments are approximately equal; provided that, the failure to maintain such approximately equal percentages shall not be a Default or Event of Default hereunder.
Percentages. ON BASIC PREMIUM(S) Reinsurance premiums will be based on the following percentages of the Society of Actuaries 1990-1995 ANB table, attached to this Exhibit C-1: ON LAST SURVIVOR POLICIES To calculate premium rates for last survivor policies, first determine the appropriate single life rate for each Insured Individual. If the first year percentage, as stated in 4. of this Exhibit, is 0% use the 2nd year percentage for the first year. Then combine the rates using the Frasiar calculation. If the first year percentage, as stated in 4. of this Exhibit, for each individual is 0%, then multiply the resulting frasiarized rate by 0. A minimum rate of $.11 per $1,000 of Net Amount at risk shall apply in renewal years. ON TABLE EXTRA SUBSTANDARD RISKS Substandard table extra will be reinsured using 25% per table rating multiplied by the appropriate YRT rate. Substandard extras will be based upon the underwriter's assessment regardless of how the policy is issued. Substandard table ratings for a reinsured policy are applicable for the first 20 years after issue or until the policyholder reaches attained age 65, whichever occurs last. ON FLAT EXTRA PREMIUMS When a flat extra premium is payable for 5 years or less, an allowance of 10% of the gross flat extra charged by the Company will be made each year. When a flat extra premium is payable for more than 5 years, an allowance of 100% of the gross flat extra charged by the Company will be made in the first year and an allowance of 10% in each year thereafter. ON MULTIPLE EXTRA PREMIUMS The same allowances as those payable on the basic policy. ON TERM PLANS An 80% increase in rates will apply for term policies that are renewed at very high premium levels (e.g. years 11 and later for the 10-year term plan and years 16 and later for the 15-year term plan).
Percentages years 10 days 4% 6 to 10 years 15 days 6% 11-15 years 20 days 8% 16+ years 25 days 10% * Part-time entitlement will be prorated
Percentages. Such Letter of Credit Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter (or portion thereof) for the immediately preceding calendar quarter and on the Maturity Date. In addition, the Borrower agrees to pay a fronting fee at the rate per annum specified in the Fee Letter of the maximum amount available to be drawn under such Letter of Credit, which shall be for the account of the L/C Issuer and which shall be payable quarterly in arrears on the first Business Day of each calendar quarter (or portion thereof) for the immediately preceding calendar quarter and on the Maturity Date. In respect of each Letter of Credit, the Borrower shall also pay to the L/C Issuer for the L/C Issuer’s own account, at such other time or times as such charges are customarily made by the L/C Issuer, the L/C Issuer’s customary issuance, amendment, negotiation or document examination and other administrative fees as in effect from time to time. Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable.
Percentages. All percentages resulting from any calculations referred to in this Fifth Supplemental Indenture shall be rounded, if necessary, to the nearest one ten-thousandth of a percentage point, with five hundred-thousandths of a percentage point being rounded upwards (e.g., 6.87655% (or .0687655) would be rounded to 6.8766% (or .068766)), and all U.S. dollar amounts used in or resulting from such calculations shall be rounded to the nearest cent (with one-half cent or more being rounded upwards).
Percentages. Burdale may from time to time, following prior consultation with the Company:
(a) reduce the Purchase Price to the extent that the Dilution Rate has increased;
(b) reduce the Total Stock Availability (or any component of it) to the extent that:
(i) the number of days of the turnover of the Stock for any period has changed in any material respect; or
(ii) the estimated restricted realisation value of the Eligible Stock, or any category of Eligible Stock, has decreased; or
(iii) the nature and quality of the Stock has deteriorated; and
(iv) there is any change in seasonality with respect to Stock and patterns of sales after today's date; or
(v) there is any reduction in the Facility Limit pursuant to Clause 7.6.
Percentages. The Pledged Shares constitute 100% of the issued and outstanding shares of stock of the respective issuers thereof.
