Deficiency Percentage definition

Deficiency Percentage applicable to a Defaulting Member on a certain date means a fraction, expressed as a percentage, equal to (i) the amount by which such Defaulting Member’s total initial Capital Contribution plus its Capital Commitment exceeds its total Capital Contributions on or prior to such determination date divided by (ii) such Defaulting Member’s total initial Capital Contribution plus its Capital Commitment.
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Deficiency Percentage means, as of any date, the positive excess (rounded --------------------- upward to the nearest 1.0%), if any, of (a) the sum of (i) 8.75% plus (ii) the ---- Total Expense Percentage plus (iii) the weighted (on the basis of notional ---- amounts) average Interest Rate Cap Strike Prices for the Interest Rate Xxxxxx in effect on such date plus (iv) 1.25%, over (b) the weighted average APR for all ---- ---- Receivables in the Total Receivables Pool.
Sample 1
Deficiency Percentage means, as of any date, the positive excess, if any, of (i) the sum of (A) 10% plus (B) the Adjusted Total Expense Percentage plus (C) the greater of (x) the Adjusted Term Index Rate and (y) the Adjusted Yield Rate over (ii) the weighted average APR for all Receivables in the Total Receivables Pool.
Sample 1

Examples of Deficiency Percentage in a sentence

  • The Recourse Deficiency Percentage with respect to the Subject Property is ___%.

  • In the event that Contract Owner, or its designee, assumes the functions set forth in Sections 2.12 and 2.17 pursuant to this Section 2.17(d), as of the date of such assumption, the Scheduled Principal Balances of all of the Owned Property for purposes of calculating the Monthly Servicing Fee shall be zero and the Deficiency Percentage shall be zero.

  • The Investment Deficiency Percentage shall be calculated, beginning at zero percent (0%) for compliance, in accordance with the following formula, with the result expressed as a percentage: Investment Deficiency Percentage = (1 – (certified Project Costs / $66,000,000)) x 100.

  • The Investment Deficiency Percentage shall be calculated, beginning at zero percent (0%) for compliance, in accordance with the following formula, with the result expressed as a percentage: Investment Deficiency Percentage = (1 – (certified Project Costs / $41,000,000)) x 100.

  • Should, for example, the aggregate of the 24 Properly Nominated Quantities for a Xxxxx Day be two hundred (200) MMSCFD, the Daily MRC be five hundred (500) MMSCFD and the quantity of Natural Gas that the Vessel tenders for delivery during that Xxxxx Day be one hundred fifty (!50) MMSCFD, then the Vessel's Deficiency shall be fifty (50) MMSCFD and the Vessel's Deficiency Percentage shall be twenty-five percent (25% ).

  • TVN 1999 00201728 dated January 8, 2004 was received by Petitioner authorizing Revenue Officer Reynoso Jovero Jr. to verify supporting documents and/or pertinent records relative to GF 's Request for reinvestigation of Deficiency Percentage Tax Protest Letter dated December 29, 2003 covering the 15\ 2"d, 4th quarters of year 2000, a copy of which is attached to the Petition for Review as Annex 'P' .

  • Prior to the occurrence of an Amortization Event, if on any Business Day the WAC Deficiency Amount is greater than zero, the Seller shall provide written notice of such WAC Deficiency Amount and the corresponding WAC Deficiency Percentage and the WAC Deficiency Deposit, if any, with respect to such Business Day to the Issuer, the Administrative Agent, the Indenture Trustee, the Servicer, and the Security Insurer by 12:00 noon, New York City time, on such day.

  • The Jobs Deficiency Percentage shall be calculated, beginning at zero percent (0%) for compliance, in accordance with the following formula, with the result expressed as a percentage: Jobs Deficiency Percentage = (1 – (a / b)) x 100, where b = Required Number of Jobs for the Test Date.

  • If on any Business Day during the Revolving Period, the WAC Deficiency Amount is greater than zero, the Servicer shall provide written notice of such WAC Deficiency Amount and the corresponding WAC Deficiency Percentage and the WAC Deficiency Deposit, if any, with respect to such Business Day to the Purchaser, the Trustee, the Servicer, the Insurer and the Initial Note Purchaser by 12:00 noon, New York City time, on such day.

  • Prior to the occurrence of an Amortization Event, if on any Business Day the WAC Deficiency Amount is greater than zero, the Seller shall provide written notice of such WAC Deficiency Amount and the corresponding WAC Deficiency Percentage and the WAC Deficiency Deposit, if any, with respect to such Business Day to the Issuer, the Agent, the Indenture Trustee, the Servicer, and the Security Insurer by 12:00 noon, New York City time, on such day.


More Definitions of Deficiency Percentage

Deficiency Percentage means, as of any date, the positive excess (rounded --------------------- upward to the nearest 1.0%), if any, of (a) the sum of (i) 8% plus (ii) the ---- Total Expense Percentage plus (iii) the weighted (on the basis of notional ---- amounts) average Interest Rate Cap Strike Prices for the Interest Rate Xxxxxx in effect on such date plus (iv) 1.25%, over (b) the product of the weighted ---- ---- average APR for all Receivables in the Total Receivables Pool times the ----- Performing Loan Factor on such date.
Sample 1
Deficiency Percentage. The parenthetical "(rounded upward to the --------------------- nearest 1.0%)" shall be changed to read "(rounded upward to the nearest one-tenth of one percent)."
Sample 1
Deficiency Percentage means, as of any date, the positive excess (rounded upward to the nearest 0.25%), if any, of (a) the sum of (i) 9.75% plus (ii) the Total Expense Percentage plus (iii) the weighted (on the basis of notional amounts) average Interest Rate Cap Strike Prices for the Interest Rate Xxxxxx in effect on such date plus (iv) 1.10%, over (b) the weighted average APR for all Eligible Receivables (which, on such date, are not Delinquent Receivables) in the Total Receivables Pool.
Sample 1
Deficiency Percentage means, as of any Determination Date with respect to any Benefited Operating Borrower, a fraction, expressed as a percentage, the numerator of which is equal to such Benefited Operating Borrower's Outstanding Nominal Principal Amount as of such Determination Date and the denominator of which is equal to the sum of all of the Benefited Operating Borrowers' Outstanding Nominal Principal Amounts as of such Determination Date.
Sample 1
Deficiency Percentage the parenthetical "(rounded upward to the --------------------- nearest 1.0%)" shall be deleted; and "8.75%" contained in clause ------ (a)(i) of such definition shall be changed to "8.5%." ------
Sample 1

Related to Deficiency Percentage

  • Delinquency Percentage means, for any Payment Date and the related Collection Period, an amount equal to the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of all 60-Day Delinquent Receivables as of the last day of such Collection Period to (ii) the Pool Balance as of the last day of such Collection Period.

  • Sixty-Plus Delinquency Percentage With respect to any Distribution Date and the Mortgage Loans, the arithmetic average, for each of the three Distribution Dates ending with such Distribution Date, of the fraction, expressed as a percentage, equal to (x) the aggregate Stated Principal Balance of the Mortgage Loans that are 60 or more days delinquent in payment of principal and interest for that Distribution Date, including Mortgage Loans in foreclosure and REO, over (y) the aggregate Stated Principal Balance of all of the Mortgage Loans immediately preceding that Distribution Date.

  • Specified Percentage — means the confidential percentage rate provided to the Officer together with this Plan.

  • Overcollateralization Deficiency Amount With respect to any Distribution Date, the amount, if any, by which the Overcollateralization Target Amount exceeds the Overcollateralized Amount on such Distribution Date (assuming that 100% of the Principal Remittance Amount is applied as a principal distribution on such Distribution Date).

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • Excess Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the Overcollateralization Amount on such Distribution Date over (b) the Required Overcollateralization Amount for such Distribution Date.

  • Final Payment Percentage is five percent (5.00%).

  • Specified Overcollateralization Amount means for any Distribution Date, the greater of:

  • L/C Percentage as to any L/C Lender at any time, the percentage of the Total L/C Commitments represented by such L/C Lender’s L/C Commitment, as such percentage may be adjusted as provided in Section 2.23.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Deficiency Amount shall have the meaning set forth for such term in Section 4.03(a) hereof. “Department” shall mean the South Carolina Department of Revenue.

  • Excess Overcollateralized Amount With respect to the Class A Certificates and the Mezzanine Certificates and any Distribution Date, the excess, if any, of (i) the Overcollateralized Amount for such Distribution Date (calculated for this purpose only after assuming that 100% of the Principal Remittance Amount on such Distribution Date has been distributed) over (ii) the Overcollateralization Target Amount for such Distribution Date.

  • Overcollateralization Reduction Amount With respect to any Distribution Date on which the Excess Overcollateralization Amount is, after taking into account all other distributions to be made on such Distribution Date, greater than zero, the Overcollateralization Reduction Amount shall be equal to the lesser of (i) the Excess Overcollateralization Amount for that Distribution Date and (ii) the Principal Remittance Amount on such Distribution Date.

  • Allocation Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction:

  • Target Overcollateralization Amount means, with respect to any Payment Date, 3.00% of the Adjusted Pool Balance as of the Cut-off Date. Notwithstanding the foregoing, the Target Overcollateralization Amount shall not exceed the Adjusted Pool Balance on such Payment Date.

  • Class B-2 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Percentage for such Distribution Date will be zero.

  • Pool Percentage With respect to each Mortgage Pool and any Distribution Date, the fraction, expressed as a percentage, the numerator of which is the Pool Balance for such Mortgage Pool for such date and the denominator of which is the Aggregate Pool Balance for such date.

  • Funding Percentage means with respect to any Payment Date, the percentage derived from the fraction the numerator of which is the Pre-Funded Amount and the denominator of which is the sum of the aggregate Principal Balance of Receivables transferred to the Trust and the Pre-Funded Amount, in each case, as of the last day of the related Collection Period.

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.

  • Class B-4 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Percentage for such Distribution Date will be zero.

  • Class B-3 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-3 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-3 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-3 Percentage for such Distribution Date will be zero.

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

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Adjustment Percentage means, with respect to any Loan, the quotient (expressed as a decimal) of the Loan Value for such Loan divided by the Cut-Off Date Unpaid Principal Balance of such Loan.

  • Class B-6 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Percentage for such Distribution Date will be zero.

  • Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Mortgage Loans before giving effect to distributions of principal to be made on such Distribution Date over (b) the aggregate Certificate Principal Balance of the Class A Certificates and Class M Certificates immediately prior to such date.