Class B Percentage definition

Class B Percentage. Any one of the Class B-1 Percentage, Class B-2 Percentage, Class B-3 Percentage, Class B-4 Percentage, Class B-5 Percentage or Class B-6 Percentage.

Class B Percentage. As of any Distribution Date, the difference between 100% and the sum of (i) the Class A Percentage and (ii) the Class M Percentage for such Distribution Date.

Class B Percentage means ___%.

Examples of Class B Percentage in a sentence

• Xxxxxxxx SCHEDULE A MEMBERS As of July 2, 2003 Member Class A Common Units Class B Common Units Class C Common Units Series B Preferred Units (issue date) Series C Preferred Units Capital Contribution (date of contribution) Class A/C Percentage Interest Class B Percentage Interest 7,500 500 29,537.15 2.535 (10/4/02) 227.86 $2,303,950 (1) (10/4/02) 74.07% 100% Xxxxxx X.

• No Permits Obtained: The membership interests in the Limited Liability Company have not beenregistered with any government agency, Class A Percentage Interests and Class B Percentage Interests of the Member after giving effect to the amendments to the Operating Agreement effected by this Amendment.

• Xxxx Xx., 0xx Xxxxx Xxxxxxx, Xxxxx 00000 Email: xxxxxxx@xxxxxxxx.xxx Class A Members2: [to be listed individually on the securities register] 100%1 0%3 TOTAL: 100% 1 As provided by Section 6.3, each Class A Unit issued will reduce the Class B Percentage Interest by a 0.00208333% Percentage Interest and each Class A Unit redeemed, forfeited or repurchased by the Company will increase the Class B Percentage Interest by a 0.00208333% Percentage Interest.

• Distribution to the Partners pursuant to this Section 5.03 shall be made as follows: (a) First, to the Class A Limited Partner until the Class A Limited Partner’s Class A Preference Return Amount has been reduced to zero; and (b) Thereafter, to the Class B Limited Partners in accordance with the Class B Percentage Interests.

• The Capital Account attributable to any Class B Limited Partner’s interest in the Partnership that is forfeited pursuant to Section 3.06, this Section 3.07 or otherwise hereunder shall be allocated to the remaining Class B Limited Partners in accordance with their respective Class B Percentage Interests.

More Definitions of Class B Percentage

Class B Percentage. The Class B-1 Percentage, Class B-2 Percentage and Class B-3 Percentage.

Class B Percentage means a fraction the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.

Class B Percentage. For any date of determination, the aggregate Class Principal Balance of the Class B Certificates divided by the then outstanding aggregate Principal Balance of the Mortgage Loans.

Class B Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class B Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

Class B Percentage. With respect to any Distribution Date, the lesser of (i) 100% minus the Senior Percentage and (ii) a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class B Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date.

Class B Percentage with respect to any Distribution Date, means (1) prior to the Stepdown Date or with respect to any Distribution Date on which a Trigger Event is in effect, zero; and (2) on and after the Stepdown Date and provided that no Trigger Event is in effect, a fraction expressed as a percentage, the numerator of which is the aggregate principal balance of the Class B Notes immediately prior to that Distribution Date and the denominator of which is the Outstanding Amount of the Notes, less all amounts (other than Investment Earnings) on deposit in any Accumulation Account, immediately prior to that Distribution Date.

Class B Percentage means, with respect to any Distribution Date: