Credit Percentage definition
Credit Percentage means, as to each Lender, the ratio, expressed as a percentage, of (a) the unpaid principal amount of such Lender’s Loan to (b) the aggregate unpaid principal amount of all Loans.
Credit Percentage means 15%.
Credit Percentage means 10%.
Examples of Credit Percentage in a sentence
Any reduction of the Aggregate Commitments shall be applied to the Commitment of each Revolving Lender according to its Credit Percentage thereof.
Upon receipt by an L/C Issuer of any payment in respect of any Reimbursement Obligation, such L/C Issuer shall promptly pay to the Administrative Agent for the account of each Lender that has acquired a participation therein under the second sentence of the immediately following subsection (i) such ▇▇▇▇▇▇’s Credit Percentage in respect of its Revolving Committed Amount of such payment.
The Administrative Agent will promptly distribute to each Lender its Credit Percentage of the applicable Class (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such ▇▇▇▇▇▇’s Lending Office.
More Definitions of Credit Percentage
Credit Percentage means, as to each Lender, the ratio, expressed as a percentage, of (a) the amount of such Lender's Commitment to (b) the aggregate amount of the Commitments of all Lenders hereunder; provided, however, that if at the time of determination the Commitments have terminated or been reduced to zero, the "Credit Percentage" of each Lender shall be the Credit Percentage of such Lender in effect immediately prior to such termination or reduction.
Credit Percentage means a credit amount calculated as a percentage of the Service Fees.
Credit Percentage means the applicable percentage of the portion of the Fees attributable to Services in the calendar month in which the RMS Unavailability occurs. For example, if Subscriber has paid Mark43 $1,000 for one year of a Regular Usage Period, and the RMS Availability falls to 99.5% during any calendar month in that year, then Mark43 will owe Subscriber a 10% credit on that month’s portion of the Fee, or: $1,000/12 = $83.33 per month, and 10% of $83.33 = $8.33. In this example, Mark43 would owe Subscriber $8.33 in credit for the month in which RMS Availability fell to 99.5%.
Credit Percentage means, at any time, as to each Lender, a fraction (expressed as a percentage carried to the ninth decimal place), the numerator of which is such Lender’s Commitment and the denominator of which is the Aggregate Commitment. The initial Credit Percentages are set forth on Schedule 2.01.
Credit Percentage means, with respect to each Lender, a percentage based on a fraction, the numerator of which shall be the sum of (a) the aggregate principal amount of the Advances outstanding at such time and owing to such Lender at such time, and (b) such Lender’s Pro Rata Share of the aggregate Available Amount of all Letters of Credit outstanding at such time, and the denominator of which shall be the sum of (a) the aggregate principal amount of all Advances outstanding at such time and owing to the Lenders at such time, and (b) the aggregate Available Amount of all Letters of Credit outstanding at such time; provided, that in calculating such percentage and each Lender’s Pro Rata Share, the aggregate principal amount of Swing Line Loan Advances owing to the Swing Line Lender and of Letter of Credit Advances owing to Issuing Lender shall, at such time, be considered to be owed to the Lenders that purchase, are obligated to purchase, or if the demand required under Section 3.2(C) or 5.7(C) were made would be obligated to purchase, Swing Line Loan Advances and Letter of Credit Advances from the Swing Line Lender and Issuing Lender under the terms of this Agreement (the Credit Percentage of Lenders as of the date of this Agreement being set forth on the attached Exhibit “F”).
Credit Percentage means fifteen percent (15%).
Credit Percentage means, as to each Lender, the percentage set forth on Annex I.