Examples of Dilution Percentage in a sentence
Upon the contribution of any Delinquent Contribution (or the contribution of the principal and interest of any Member Loan by the Contributing Member pursuant to this Section 3.03(c)), the Percentage Interest (but not the Contribution Percentage) of the Non-Contributing Member shall be decreased by the Dilution Percentage.
The Dilution Percentage shall be calculated on a rolling 90 day average.
The “Dilution Percentage” shall equal the amount expressed in percentage points calculated based upon the following formula: Dilution Percentage = 110% x the quotient of (x) the Default Amount divided by (y) the total unreturned Capital Contributions of all Members (including the Default Amount contributed by the Contributing Member).
The Percentage Interest of the Non-Contributing Member immediately prior to such adjustment shall be reduced by a number of percentage points equal to the Dilution Percentage Points, and the Percentage Interest of the Contributing Member shall be increased by a number of percentage points equal to the Dilution Percentage Points (if there is more than one Person comprising Contributing Member, allocated among such Persons in the same proportions as they advanced the applicable Payment Default Loan).
Upon any such contribution by the Contributing Member, (i) the Participating Percentage of the Defaulting Member shall be decreased by the Dilution Percentage, and (ii) the Participating Percentage of the Contributing Member shall be increased by the reduction in the Dilution Percentage of the Defaulting Member.