Hedge Percentage. With respect to:
Hedge Percentage has the meaning specified in Section 4.28 of the Indenture.
Hedge Percentage. On any day (a) prior to the occurrence of a Hedge Trigger, 0%, and (b) on or after the day on which a Hedge Trigger occurs, 100%.
Examples of Hedge Percentage in a sentence
Convertible Note Hedge Percentage: 93.00% Option Entitlement: A number equal to the product of the Applicable Percentage and 14.4865.
To provide information technology support including software, hardware, and functional support necessary to carry out its functions.
Applicable Percentage: A percentage equal to the product of the Convertible Note Hedge Percentage (expressed as a fraction) and 65.00%.
Applicable Percentage: A percentage equal to the product of the Capped Call Hedge Percentage (expressed as a fraction) and 65.00% Capped Call Hedge Percentage: 7.00% Option Entitlement: A number equal to the product of the Applicable Percentage and 14.4865.
Applicable Percentage: A percentage equal to the product of the Capped Call Hedge Percentage (expressed as a fraction) and 35.00% Capped Call Hedge Percentage: 7.00% Option Entitlement: A number equal to the product of the Applicable Percentage and 14.4865.
More Definitions of Hedge Percentage
Hedge Percentage. (a) On any day that the Aggregate Outstanding Loan Balance exceeds $150,000,000, (i) an amount equal to 100% if the sum of the Outstanding Loan Balances of all Fixed Rate Loans on such date exceeds $50,000,000, or (ii) an amount equal to 0% if the sum of the Outstanding Loan Balances of all Fixed Rate Loans is less than or equal to $50,000,000, or (b) on any day that the Aggregate Outstanding Loan Balance is less than or equal to $150,000,000, (i) an amount equal to 100% if the sum of the Outstanding Loan Balances of all Fixed Rate Loans on such date exceeds $20,000,000, or (ii) an amount equal to 0% if the sum of the Outstanding Loan Balances of all Fixed Rate Loans on such date is less than or equal to $20,000,000.
Hedge Percentage. On any day, an amount equal to (i) 100% for Fixed Rate Loans. The “Hedge Percentage” for Floating Rate Loans is 0%.
Hedge Percentage. On any day on which (a) the Principal Balances of Eligible Assets and ABS Direct Loans is less than or equal to $150,000,000, an amount equal to 0% for Fixed Rate Loans if the sum of the Principal Balances of all Fixed Rate Loans is less than or equal to $20,000,000, (b) the Principal Balances of Eligible Assets and ABS Direct Loans is less than or equal to $150,000,000, an amount equal to 80% for Fixed Rate Loans if the sum of the Principal Balances of all Fixed Rate Loans is greater than $20,000,000, (c) the Principal Balances of Eligible Assets and ABS Direct Loans is greater than $150,000,000, an amount equal to 0% for Fixed Rate Loans if the sum of the Principal Balances of all Fixed Rate Loans is less than or equal to $50,000,000 and (d) the Principal Balances of Eligible Assets and ABS Direct Loans is greater than $150,000,000, an amount equal to 80% for Fixed Rate Loans if the sum of the Principal Balances of all Fixed Rate Loans is greater than $50,000,000. The “Hedge Percentage” for Floating Rate Loans is 0%.
Hedge Percentage. On any day, an amount equal to (i) 100% for Fixed Rate Loans if the sum of the Outstanding Loan Balances of all Fixed Rate Loans exceeds $100,000,000 and the Aggregate Outstanding Loan Balance is equal to or greater than $500,000,000, (ii) 100% for Fixed Rate Loans if the sum of the Outstanding Loan Balances of all Fixed Rate Loans exceeds $50,000,000 and the Aggregate Outstanding Loan Balance is greater than $150,000,000 but less than $500,000,000, or (iii) 100% for Fixed Rate Loans if the sum of the Outstanding Loan Balances of all Fixed Rate Loans exceeds $20,000,000 if the Aggregate Outstanding Loan Balance is equal to or less than $150,000,000. The “Hedge Percentage” for Floating Rate Loans is 0%. The “Hedge Percentage” for Banded Floating Rate Loans, on any day, is an amount equal to 100% if the interest rate on any such Loan is within 0.50% of the maximum interest rate allowable under its Required Loan Documents.
Hedge Percentage. On any day (a) prior to the occurrence of a Hedge Trigger, 0%, and (b) on or after the day on which a Hedge Trigger occurs, 100%. Hedge Threshold Amount: $25,000,000.
Hedge Percentage. On any day 95%.
Hedge Percentage means, with respect to any Determination Date and any Hedge Agreement, an amount equal to the quotient of (a) the notional amount of such Hedge Agreement as of the last day of the prior Collection Period, divided by (b) the Note Principal Balance as of the last day of the prior Collection Period; provided, that for any Determination Date in respect of which the sum of the Hedge Percentages for all Applicable Caps and Applicable Swaps in effect as of the last day of the prior Collection Period would be greater than 100% based on the foregoing calculation (such Determination Date, an “Overhedge Date”), the sum of the Hedge Percentages for all such Applicable Caps shall be deemed to be equal to 100% minus the sum of the Hedge Percentages for all such Applicable Swaps.