Applicable Percentages set forth above already include the 50 basis point step-down pursuant to clause (i) in the third paragraph of the definition of “Applicable Percentage” in the Credit Agreement.
Applicable Percentages shall have the meaning set forth in Section 12.1(b) hereof.
Applicable Percentages means initially the percentages set forth on Schedule II hereto, subject to any adjustments made in accordance with the terms of this Agreement.
Examples of Applicable Percentages in a sentence
Each such prepayment shall be applied to the Committed Loans of the Lenders in accordance with their respective Applicable Percentages.
Subject to Section 2.15, each such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Applicable Percentages.
Each such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Applicable Percentages.
The Borrower shall prepay any Committed Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Committed Loans ratable with any revised Applicable Percentages arising from any nonratable increase in the Commitments under this Section.
The Borrowers shall prepay any Committed Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Committed Loans ratable with any revised Applicable Percentages arising from any nonratable increase in the Commitments under this Section.
More Definitions of Applicable Percentages
Applicable Percentages means the percentages set forth on Schedule 1.9 hereto, which constitute the applicable advance rates that are applied by Agent with respect to the various components of Eligible Accounts and Eligible Inventory of each Borrower, as more particularly described in such Schedule 1.9, for the purposes of calculation of the Borrowing Base.
Applicable Percentages as to the Hotel located on the Leased Premises described in any applicable Lease, means the quotient of (a) the Allocated Loan Amount, as of the date hereof, of such Hotel divided by (b) the Allocated Loan Amounts, as of the date hereof, of all Hotels that are subject to the lien of any Mortgage on the date such calculation is to be made (ignoring any Hotels that Tenant intends to have released from the lien of a Mortgage as of such date).
Applicable Percentages shall have the meanings variously ascribed thereto in Sections 4.1, 4.2, and 4.3. "Approval Date" shall mean the date on which the FDA or the appropriate regulatory body equivalent to the FDA in a country in the Territory other than the United
Applicable Percentages means the following: General Partner 2.0% Vistana 73.0% Zimand 25.0% The Transferred Percentage Interest to be transferred hereunder together with the Capital Account Transfer Base shall be deemed to have been transferred by the Defaulting Partner to the Non-Defaulting Partner as of the date demand for payment on the Contribution Loan was made. As an example of the operation of the foregoing formula, assume that a capital call of $100,000 was made by the Partnership on Partner A (and that Partner A is not the General Partner, Vistana or Zimand); that Partner A was --- unable to pay any of its required additional capital contribution and, as a result thereof, Partner B contributed the entire $100,000 amount on behalf of Partner A; that one year later when the outstanding balance of the Contribution Loan made by Partner B to Partner A was still $100,000, and when interest and costs of $10,000 were accrued and unpaid thereon, Partner B made demand upon Partner A for full payment of the Contribution Loan; and that Partner A was unable to pay any portion of the unpaid principal balance or accrued interest and costs on such Contribution Loan. Assume further that on the demand date Partner A had Aggregate Capital Contributions to the Partnership (including the $100,000 contribution made by Partner B on behalf of Partner A) of $440,000, and a positive (credit) balance in its Capital Account of $440,000). As a result of Partner A's inability to discharge the Contribution Loan plus interest and costs thereon, a portion of Partner A's Percentage Interest in the Partnership equal to the Transferred Percentage Interest, together with Partner A's Capital Account Transfer Base in the amount of $110,000 [representing the lesser of the unpaid principal balance plus accrued interest and costs on the Contribution Loan ($110,000), or the balance in its Capital Account ($440,000)] shall be deemed to have been transferred by Partner A to Partner B in full satisfaction of the Contribution Loan and all interest accrued and unpaid thereon computed as follows: $110,000 Unpaid princ. plus accrued int. and costs / $440,000 Aggregate Capital Contributions of Partner A = 25%; 25% x 1.20 = 30%. Thus, if Partner A owned a 50% interest prior to the transfer, a portion of its Partnership interest representing a Transferred Percentage Interest of 15% (i.e., 30% x 50%) together with a Capital Account Transfer Base of $110,000 will be transferred from Partner A to Partner B.
Applicable Percentages at Section 1.2 of the Agreement, Additional Defined Terms, is hereby amended and restated in its ------------------------ entirety as follows:
Applicable Percentages shall have the meaning set forth in Section 4.06(d).
Applicable Percentages means: ----------------------