Examples of Class A Floating Allocation Percentage in a sentence
Upon any Class A Incremental Funding, the Class A Floating Allocation Percentage, the Class A Invested Amount, the Floating Allocation Percentage and the Invested Amount shall increase as provided herein.
Upon the occurrence of any Class A Incremental Funding, the Class A Floating Allocation Percentage, the Class A Investor Interest, the Floating Allocation Percentage, the Investor Interest and the Class A Funded Amount shall increase as provided herein.
The share of the Monthly Servicing Fee allocable to the Class A Certificateholders with respect to any Distribution Date (the "CLASS A SERVICING FEE") shall be equal to one-twelfth of the product of (a) the Class A Floating Allocation Percentage with respect to the preceding Monthly Period, (b) the Servicing Fee Rate and (c) the Servicing Base Amount with respect to such Distribution Date; PROVIDED, HOWEVER, that with respect to the first Distribution Date the Class A Servicing Fee shall be $697,000.
The share of the Monthly Servicing Fee allocable to the Class A Certificateholders with respect to any Distribution Date (the "CLASS A SERVICING FEE") shall be equal to one-twelfth of the product of (a) the Class A Floating Allocation Percentage with respect to the preceding Monthly Period, (b) the Servicing Fee Rate and (c) the Servicing Base Amount with respect to such Distribution Date; PROVIDED, HOWEVER, that with respect to the first Distribution Date the Class A Servicing Fee shall be $502,250.
The share of the Investor Monthly Servicing Fee allocable to the Class A Certificateholders for any Distribution Date (the "Class A Servicing Fee") shall be equal to the product of (a) the Class A Floating Allocation Percentage divided by the Floating Allocation Percentage, in each case for such Distribution Date, and (b) the Investor Monthly Servicing Fee for such Distribution Date; provided, however, that for the first Distribution Date, the Class A Servicing Fee shall be equal to $662,916.67.