Required IA Pool Percentage definition

Required IA Pool Percentage means, in respect of a Series, the greater of 100% and the percentage specified therefor, if any, in the related Series Purchase Agreement (and set out in the applicable pricing supplement), as the same may be amended for the Series in accordance with the related Series Purchase Agreement.
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Required IA Pool Percentage means, in respect of the Series 2023-1 Ownership Interest, 103%, or such other percentage as may be provided from time to time in an amendment in accordance with the Pooling and Servicing Agreement;
Sample 1
Required IA Pool Percentage means, in respect of the Series 2024-1 Ownership Interest, the percentage specified as such in Section 2.2(e);
Sample 1

Examples of Required IA Pool Percentage in a sentence

  • The Required IA Pool Percentage and the Required UIA Pool Percentage for the Series 2023-2 Ownership Interest are 103% and 107%, respectively.


More Definitions of Required IA Pool Percentage

Required IA Pool Percentage means, with respect to a Series, the greater of 100.0% and the percentage specified therefor, if any, in the related Series Purchase Agreement, as the same may be amended for the Series in accordance with the related Series Purchase Agreement.
Sample 1Sample 2

Related to Required IA Pool Percentage

  • Contribution Percentage means the percentage obtained by dividing (x) the Adjusted Net Worth (as defined below) of such Guarantor by (y) the aggregate Adjusted Net Worth of all Guarantors; (ii) the “Adjusted Net Worth” of each Guarantor shall mean the greater of (x) the Net Worth (as defined below) of such Guarantor and (y) zero; and (iii) the “Net Worth” of each Guarantor shall mean the amount by which the fair saleable value of such Guarantor’s assets on the date of any Relevant Payment exceeds its existing debts and other liabilities (including contingent liabilities, but without giving effect to any Guaranteed Obligations arising under this Guaranty or any guaranteed obligations arising under any guaranty of any Permitted Additional Indebtedness) on such date. Notwithstanding anything to the contrary contained above, any Guarantor that is released from this Guaranty pursuant to Section 17 hereof shall thereafter have no contribution obligations, or rights, pursuant to this Section 18, and at the time of any such release, if the released Guarantor had an Aggregate Excess Amount or an Aggregate Deficit Amount, same shall be deemed reduced to $0, and the contribution rights and obligations of the remaining Guarantors shall be recalculated on the respective date of release (as otherwise provided above) based on the payments made hereunder by the remaining Guarantors. All parties hereto recognize and agree that, except for any right of contribution arising pursuant to this Section 18, each Guarantor who makes any payment in respect of the Guaranteed Obligations shall have no right of contribution or subrogation against any other Guarantor in respect of such payment until the Termination Date. Each of the Guarantors recognizes and acknowledges that the rights to contribution arising hereunder shall constitute an asset in favor of the party entitled to such contribution. In this connection, each Guarantor has the right to waive its contribution right against any Guarantor to the extent that after giving effect to such waiver such Guarantor would remain solvent, in the determination of the Required Lenders.