Minimum Collateral Percentage definition

Minimum Collateral Percentage means 102.5%.
Minimum Collateral Percentage means 105%.
Minimum Collateral Percentage means the percentage established as such from time to time as described in Part III of Schedule 1. ----------

Examples of Minimum Collateral Percentage in a sentence

  • The "Minimum Collateral Percentage" at any time shall equal 25% multiplied by a fraction, the numerator of which is the aggregate Principal Amount at Maturity of the Securities (other than any Securities the payment of which has been provided pursuant to clause (i) of Section 10.05(g)) Outstanding at such time, and the denominator of which is $770,000,000.

  • Pledged Shares to constitute less than the Minimum Collateral Percentage of the number of shares of Common Stock of Revlon, Inc.

  • Minimum Collateral Percentage....................................


More Definitions of Minimum Collateral Percentage

Minimum Collateral Percentage means a number, expressed as a percentage, equal to the sum of (a) the product of (i) a fraction, the numerator of which is the Net Asset Value of all cash on deposit in the Collateral Accounts and the denominator of which is the Net Asset Value of all Collateral on deposit in or credited to the Collateral Accounts, in each case, as determined in accordance with Section 6(a) and (ii) 99% and (b) the product of (i) a fraction, the numerator of which is the Net Asset Value of all Eligible UST Assets credited to the Collateral Accounts and the denominator of which the Net Asset Value of all Collateral on deposit in or credited to the Collateral Accounts, in each case, as determined in accordance with Section 6(a) and (ii) 97.18%.
Minimum Collateral Percentage means the percentage established as such from time to time as described in Part III of Schedule 1 attached to the ---------- Building 3 Lease and the Building 3 Pledge Agreement.
Minimum Collateral Percentage means the percentage established as such from time to time as described in Part III of Schedule 1 attached to the Land ---------- Lease and the Land Pledge Agreement.

Related to Minimum Collateral Percentage

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time and (b) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.

  • Collateral Principal Percentage means, with respect to any Monthly Period, (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Collateral Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Collateral Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Collateral Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Collateral Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Collateral Floating Percentage means, with respect to any Distribution Date, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Collateral Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is the Adjusted Invested Amount as of the close of business on such last day; provided, however, that with respect to the first Monthly Period, the Collateral Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Collateral Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date: