Interest Percentage definition

Interest Percentage. With respect to any Class of Certificates and any Distribution Date, the ratio (expressed as a decimal carried to six places) of the Accrued Certificate Interest for such Class to the sum of the Accrued Certificate Interest for all Classes, in each case with respect to such Distribution Date, without regard to Relief Act Interest Shortfalls.

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Interest Percentage means the percentage set forth opposite each Contributing Party’s name on Exhibit A of the Contribution Agreement.

Interest Percentage means the percentage shown on Schedule 1 hereto under the heading “Interest Percentage”.

Examples of Interest Percentage in a sentence

Any such loss allocated to the Class A Certificates shall be allocated among the outstanding Classes of Class A Certificates based on each Class's Class A Interest Percentage.
The Manager may, in its sole discretion, reduce the Carried Interest Percentage with respect to any Member, pursuant to a signed written contractual arrangement with such Member (which may be in such Member’s Subscription Agreement).
A Member’s Carried Interest Percentage shall be   or such lesser percentage as determined by reference to a signed written contractual arrangement between such Member and the Manager as permitted by this paragraph.
Thereafter, an amount equal to the remaining distributions multiplied by such Member’s Carried Interest Percentage to the Manager, with the remaining amount to the Member.
When the Manager is not paid by the Joint Venture directly in respect of its services, the applicable Management Fee or Oversight Fee (as defined below) to be paid by the Owner will be calculated by multiplying the Management Fee by the Economic Interest Percentage owned directly or indirectly by the Owner in that Property.

More Definitions of Interest Percentage

Interest Percentage. With respect to any Class of Offered Overcollateralized Certificates and any Distribution Date, the ratio (expressed as a decimal carried to six places) of the Overcollateralized Accrued Certificate Interest for such Class to the sum of the Overcollateralized Accrued Certificate Interest for all Classes of Offered Overcollateralized Certificates, in each case with respect to such Distribution Date, without regard to Relief Act Reductions.

Interest Percentage means, with respect to any Member, such Member’s Interest Percentage as initially set forth on Schedule A, as it may be adjusted pursuant to this Agreement.

Interest Percentage. With respect to any Class of LIBOR Certificates and any Distribution Date, the ratio (expressed as a decimal carried to at least six places) of the Accrued Certificate Interest for such Class to the sum of the Accrued Certificate Interest for all Classes, in each case with respect to such Distribution Date, without regard to Current Interest Shortfalls.

Interest Percentage means, with respect to any Partner, the percentage specified as such Partner's Interest Percentage set forth on Schedule C, subject to adjustment in accordance with Sections 5.4 and 5.5.

Interest Percentage means, (i) in respect of Snowball Level (1), 5% per Interest Period and (ii) in respect of Snowball Level (2), 3.5% per Interest Period.

Interest Percentage means, with respect to any Partner, the percentage specified as such Partner's Interest Percentage set forth on Schedule C.

Interest Percentage. With respect to any Class of Offered Group 3 Certificates (other than the Class 3-A-3 Certificates) or any Component and any Distribution Date, the ratio (expressed as a decimal carried to six places) of the Accrued Certificate Interest for such Class or Accrued Component Interest for such Component to the sum of the Accrued Certificate Interest for all Classes and Accrued Component Interest for all Components, in each case with respect to such Distribution Date, without regard to Relief Act Shortfalls.