Class A Yield means, with respect to each Class A Preferred Unit, the amount accruing on such Class A Preferred Unit on a daily basis, at the rate of 6% per annum, compounded on the last day of each calendar year, on (a) the Class A Unreturned Capital of such Class A Preferred Unit plus (b) as the case may be, the Class A Unpaid Yield thereon for all prior annual periods. In calculating the amount of any Distribution to be made during a period, the portion of the Class A Yield with respect to such Class A Preferred Unit for the portion of the annual period elapsing before such Distribution is made shall be taken into account in determining the amount of such Distribution.
Class A Yield means, with respect to each Class A Preferred Unit, the amount accruing on such Class A Preferred Unit on a daily basis, at the rate of 8% per annum, compounded on the last day of each calendar quarter, on (a) the Class A Unreturned Capital of such Class A Preferred Unit plus (b) as the case may be, the Class A Unpaid Yield thereon for all prior quarterly periods. In calculating the amount of any Distribution to be made during a period, the portion of the Class A Yield with respect to such Class A Preferred Unit for the portion of the quarterly period elapsing before such Distribution is made shall be taken into account in determining the amount of such Distribution.
Class A Yield means, with respect to each Class A Unit, the amount accruing on such Class A Unit on a daily basis, at the rate of 8.0% per annum, compounded on the last day of each calendar quarter, on the sum of (i) the Class A Unreturned Capital of such Class A Unit (if any), plus (ii) the Class A Unpaid Yield as of the last day of the immediately prior quarterly period (if any). In calculating the amount of any Distribution to be made with respect to a Class A Unit during a period, the portion of the Class A Yield with respect to such Class A Unit for the portion of the quarterly period elapsing before such Distribution is made shall be taken into account in determining the amount of such Distribution.
Examples of Class A Yield in a sentence
The trust will use - Class A Finance Charge Collections and - other Class A income, if any, including Class A Additional Funds, interest on the Series Principal Funding Account and Class A Yield Collections to deposit Class A interest and servicing fees.
The Trust will use - Class A Finance Charge Collections and - other Class A income, if any (including Class A Additional Funds, interest on the Series Principal Funding Account and Class A Yield Collections) to deposit Class A interest and servicing fees.
The trust will use • Class A Finance Charge Collections and • other Class A income, if any, including Class A Additional Funds, interchange allocated to Class A, interest on the Series Principal Funding Account and Class A Yield Collections to deposit Class A interest and servicing fees.
Payments under this clause e) for the Class A Certificates will be made from the Class A Yield Maintenance Agreement.
The trust will use • Class A Finance Charge Collections and • other Class A income, if any, including Class A Additional Funds, interest on the Series Principal Funding Account and Class A Yield Collections to deposit Class A interest and servicing fees.
More Definitions of Class A Yield
Class A Yield means, with respect to each outstanding Class A Unit, the amount accruing on such Class A Unit on a daily basis, at the rate of 8% per annum, compounded quarterly, on (a) the Class A Unreturned Capital, plus (b) the Class A Unpaid Yield thereon calculated through the prior day.
Class A Yield means the after tax yield of the Class A Members on their investment directly or indirectly in the Company as set forth in the Base Case Model and calculated in accordance with the applicable provisions of this Agreement for a period of time from the Initial Equity Capital Contribution Date until the end of the period covered by the Base Case Model.
Class A Yield means the yield accrued on the Class A Units equal to 10% of the Unreturned Capital of the Class A Units, compounded quarterly.
Class A Yield means, with respect to each Class A Preferred Unit, the amount accruing on such Class A Preferred Unit on a daily basis, at the rate of twenty two and one half percent (22.5%) per annum, compounded quarterly based on the date of issuance of such Class A Preferred Unit, on the sum of (a) the Unreturned Capital of such Class A Preferred Unit plus (b) the Unpaid Class A Yield thereon for all prior periods. In calculating the amount of any Distribution to be made during a partial period, the portion of each Class A Preferred Unit’s Class A Yield for such partial period shall be prorated based upon the number of elapsed days prior to such Distribution in such partial period.
Class A Yield means, with respect to each Class A Preferred Share, the amount accruing on such Class A Share on annual basis at fixed non-compounding rate of 14.0% of Unreturned Capital of such Class A Share per annum, such rate starting to accrue on the date such Class A Preferred Share is issued to the Class A Shareholder thereof and continually accruing until the Unreturned Capital of such Class A Share is repaid in full.
Class A Yield means, with respect to each Class A Unit, the amount accruing on such Class A Unit on a daily basis, at the rate of 9% per annum, compounded on the last day of each calendar quarter, on (a) the Class A Unreturned Capital of such Class A Unit plus (b) the Class A Unpaid Yield thereon for all prior quarterly periods. In calculating the amount of any Distribution to be made during a period, the portion of the Class A Yield accrued with respect to such Class A Unit for the portion of the quarterly period elapsing before such Distribution is made shall be taken into account in determining the amount of such Distribution.
Class A Yield means, with respect of each Class A Preferred Unit, the amount accruing on such Class A Preferred Unit on a daily basis, at the rate of 8% per annum, compounded on the last day of each calendar quarter, on (a) the Class A Unreturned Stated Value of such Class A Preferred Unit plus (b) as the case may be, the Class A Unpaid Yield thereon for all prior quarterly periods. In calculating the amount of any Distribution to be made during a period, the portion of the Class A Yield with respect to such Class A Preferred Unit for the portion of the quarterly period elapsing before such Distribution is made shall be taken into account in determining the amount of such Distribution. The Class A Yield shall be payable in cash or additional Class A Preferred Units (valued at Stated Value), at the LLC's option. The Class A Yield shall accrue whether or not there are profits, surplus or other funds of the LLC legally available for the payment thereof.