Outstanding Percentage definition

Outstanding Percentage means the ratio of (i) the aggregate outstanding principal amount under the Ratable Notes of the Existing Banks, immediately prior to the admission of the New Bank (or the increase in the Loan Commitment of a Bank), to (ii) the aggregate of the Loan Commitments of the Existing Banks (as increased pursuant to this Section, if applicable) and the New Bank.

Outstanding Percentage has the meaning specified in Section 2.19.

Outstanding Percentage as to any Lender at any time, the percentage which such Lender’s Commitment then constitutes of the aggregate Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Loans then outstanding constitutes of the aggregate principal amount of the Loans then outstanding).

Examples of Outstanding Percentage in a sentence

• All other calculations, including the Outstanding amount of each Lender's Secured Loan, each Lender's Applicable Outstanding Percentage and pro rata payments, shall be made by the Loan Agent.

• All patent issue and maintenance fees for the Company's patents have been paid.

• The Servicer shall, upon the request of any Agent following an Amortization Event or a Potential Amortization Event while any Aggregate Unpaids remain outstanding, segregate, in a manner reasonably acceptable to such Agent, all cash, checks and other instruments received by it from time to time constituting such Agent's Group's Outstanding Percentage of Collections from the general funds of the Servicer or Transferor prior to the remittance thereof in accordance with Article II.

• In the event that this Note is not repaid on or prior to February 16, 2003 (the "Trigger Date"), the Borrower shall issue to the Lender a warrant, in the form attached as Exhibit A hereto, to purchase a number of shares of its common stock, par value $0.001 per share Common Stock equal to 500,000 multiplied by the Outstanding Percentage (defined below).

• These include: • Operating Performance ratio; • Unrestricted Current ratio • Rates, Annual Charges, Interest and Extra Charges Outstanding Percentage • Building Infrastructure and Other Structures Renewals ratio; • Infrastructure Backlog ratio • Capital Expenditure ratio; • Debt Service ratio; and • Cash Expense Cover ratio.

More Definitions of Outstanding Percentage

Outstanding Percentage as of any date and with respect to any Lender or the Issuing Bank, as the case may be, a fraction, the numerator of which is the Outstandings of such Lender or the Issuing Bank, as the case may be, on such date, and the denominator of which is the aggregate Outstandings of the Issuing Bank and the Lenders on such date.

Outstanding Percentage as of any date and with respect to the Issuing Bank, the Swing Line Lender or any Lender, as the case may be, a fraction the numerator of which is the Outstandings on such date of such Issuing Bank, the Swing Line Lender or such Lender, as applicable, and the denominator of which is the aggregate Outstandings on such date of such Issuing Bank, the Swing Line Lender and all Lenders.

Outstanding Percentage means the ratio of (i) the aggregate outstanding principal amount under the Notes of the Existing Lenders, immediately prior to the admission of the New Lender (or the increase in the Commitment of a Lender), to (ii) the aggregate of the Commitments of the Existing Lenders (as increased pursuant to this Section, if applicable) and the New Lenders. Administrative Agent shall distribute an amended Schedule 2.1, which shall thereafter be incorporated into this Agreement, to reflect adjustments to Lenders and their Commitments.

Outstanding Percentage. As defined in Section 3.6(c) hereof.

Outstanding Percentage with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Extensions of Credit at such time to the Total Extensions of Credit at such time.

Outstanding Percentage on the Trigger Date shall mean the principal amount of this Note outstanding on the Trigger Date divided by $1,650,000.

Outstanding Percentage means, as to each Group on any date of determination, (a) at any time while the Aggregate Invested Amount is greater than $0, the ratio which the sum of its members' Invested Amounts as of the close of business on the preceding Business Day bears to the Aggregate Invested Amount as of the close of business on the preceding Business Day, and (b) at any time while the Aggregate Invested Amount is $0, the ratio which its Group Limit bears to the Transfer Limit.