Expense Percentage definition

Expense Percentage means, with respect to each calendar month during the term of the Notes, the percentage equal to (i) the percentage basis points representing the Primary Servicing Fees, Auction Agent Fees and Broker-Dealer Fees payable during that month plus (ii) (a) the Administration Fees payable during the Collection Period in which that month occurs times 4 divided by (b) the total principal balance of the Notes outstanding, as of the immediately preceding Distribution Date (minus any funds on deposit in the Future Distribution Account allocated to principal on any Auction Rate Notes but not yet payable).

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Expense Percentage the fees payable to the Administrator, the Servicer, the Broker-Dealers and the Auction Agent as a percentage of the total principal balance of the Notes outstanding.

Expense Percentage means the quotient obtained by dividing (A) the Expense Cash by (B) the sum of Total Merger Consideration and the Aggregate Exercise Price.

Examples of Expense Percentage in a sentence

The proportionate share of Operating Expenses to be paid by Tenant shall be a percentage of the Operating Expenses based upon the proportion that the square footage of the Demised Premises bears to the total square footage of the Building (such figure referred to as "Tenant's Operating Expense Percentage" and set forth in Section 1(j)).
Notwithstanding the foregoing, Landlord shall, in Landlord’s reasonable discretion, have the right to adjust Tenant’s proportionate share of individual components of Operating Expenses if Tenant’s Operating Expense Percentage thereof would not equitably allocate to Tenant its share of such component of Operating Expenses in light of Tenant’s particular use of, manner of use of and/or level of tenant improvements in the Demised Premises.
Landlord's determination of Rentable Area made in good faith shall conclusively be deemed correct for all purposes hereunder, including without limitation the calculation of Tenant's Building Expense Percentage and Tenant's Minimum Annual Rent.
If the Net Loan Rate Restriction Period is applicable for an Auction Period, the Issuer shall calculate the Net Loan Rate, the Adjusted Student Loan Portfolio Rate of Return and the Program Expense Percentage and shall notify the Trustee, the Auction Agent and the Broker-Dealers of such calculations.
Tenant's share of Operating Expenses shall be an amount equal to the product of the Operating Expenses multiplied by Tenant's Operating Expense Percentage specified in the Basic Lease Provisions.
To the extent that Shared Expense invoices are presented after the Closing Date, such Shared Expenses shall be divided among the Loan Sellers in accordance with each Loan Seller's Shared Expense Percentage.
The Tenant’s Expense Percentage is determined by dividing the gross rentable area of the Premises by the gross rentable area of the Center (exclusive of any basement space or the Office Space as defined below).
As soon as available, and in any event within ***** days after the end of each fiscal month, Carrier shall provide Servicer with (i) its unaudited financial statements and (ii) a report, which may be in the form of an electronic mail transmission, of the Cash to Cash Expense Percentage.
If the Net Loan Restriction Period is applicable for an Auction Period, the Issuer shall calculate the Net Loan Rate, the Effective Interest Rate and the Program Expense Percentage and shall notify the Trustee, the Auction Agent and the Broker-Dealers of such calculations.
From the Effective Date until the expiration of the term, Additional Rent shall be based upon the Rentable Area of the Premises and Additional Premises, or 12,857 square feet and utilizing the Building Expense Percentage of 4.7746% and the Project Expense Percentage of 1.9700%.

More Definitions of Expense Percentage

Expense Percentage means the applicable percentage set forth in the Closing Spreadsheet.

Expense Percentage means, with respect to each Participant, the percentage set forth opposite such Participant’s name on Schedule A attached to the Agreement. Exhibit ASubscription Agreement

Expense Percentage means the actual expenses incurred by NFS, the Company, any business unit, or department during the Performance Period divided by the expenses anticipated in the operating plan of NFS, the Company, such business unit or such department, respectively, as approved by the Board for the Performance Period.

Expense Percentage means, with respect to each Seller appearing in Annex 2.1(u), the percentage set across from such Seller’s name in such Annex.

Expense Percentage means the percentage for the Policies and the Non-MP Policies set forth in Exhibit D to the Agreement. The Company shall adjust the Expense Percentage for any Arrangement Quarter for which the percentage of the Quoted Premium used to calculate the MP Premium has been changed pursuant to section 5 of the Agreement. The Company shall notify the Employer of an adjustment to the Expense Percentage at the same time that it provides the notice required under section 5 of the Agreement.

Expense Percentage means the quotient obtained by dividing (i) the Expense Fund by (ii) the Total Converting Holders Consideration.