RESIDUAL RISK PERCENTAGE definition

RESIDUAL RISK PERCENTAGE means fifteen percent (15%).
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RESIDUAL RISK PERCENTAGE means seventeen percent (17%).
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RESIDUAL RISK PERCENTAGE means fifteen percent (15%) or such greater percentage, but in no event greater than eighteen percent (18%), as is necessary to cause the Lease to satisfy the FAS 13 "90% test" for an operating lease under GAAP. At any time after the Base Rent Commencement Date, upon request of either BNPLC or FCI, the parties will execute a written acknowledgment of the amount of the Residual Risk Percentage (not less than 15% and not more than 18%) calculated in accordance with this definition.
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More Definitions of RESIDUAL RISK PERCENTAGE

RESIDUAL RISK PERCENTAGE means the lowest percentage to which Zhone can agree without causing Zhone to have to account for the Buildings 1&2 Lease as a "capital lease" rather than an "operating lease" under GAAP because of the impact such percentage has on the calculation of the Buildings 1&2 Supplemental Payment under xxx Xxxxxxxxx 0&0 Xxxxxxxx Agreement. Notwithstanding the foregoing, however, regardless of any impact it may have on the proper accounting for the Buildings 1&2 Lease, Zhone and BNPLC agree that the Residual Risk Percentage shall not be less than fifteen percent (15%) and shall not be more than eighteen percent (18%).
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RESIDUAL RISK PERCENTAGE means the lowest percentage to which NAI can agree without causing NAI to have to account for the Improvements Lease as a "capital lease" rather than an "operating lease" under GAAP because of the impact such percentage has on the calculation of the Supplemental Payment under the Purchase Agreement. Notwithstanding the foregoing, however, regardless of any impact it may have on the proper accounting for the Improvements Lease, NAI and BNPLC agree that the Residual Risk Percentage shall not be less than fifteen percent (15%) and shall not be more than eighteen percent (18%).
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Related to RESIDUAL RISK PERCENTAGE

  • NOLV Percentage the net orderly liquidation value of Inventory, expressed as a percentage, expected to be realized at an orderly, negotiated sale held within a reasonable period of time, net of all liquidation expenses, as determined from the most recent appraisal of Borrowers’ Inventory performed by an appraiser and on terms satisfactory to Agent.

  • Class A Percentage means 100% minus the Class B Percentage.

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Net Recovery Percentage means, at any time, the fraction, expressed as a percentage, (a) the numerator of which is the amount equal to the recovery in respect of Eligible Inventory at such time on a net orderly liquidation value basis as set forth in the most recent acceptable appraisal of Eligible Inventory received by the Administrative Agent, net of operating expenses, liquidation expenses and commissions, and (b) the denominator of which is the applicable original Value of the aggregate amount of the Inventory subject to such appraisal.

  • Average Contribution Percentage means the average of the Contribution Percentages of the Eligible Participants in a group.

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Loss Percentage means on any day the greater of (i) one and one-half (1.5) times the Loss Horizon as of such day and (ii) 20%.

  • Allocation Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction:

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • Sharing Percentage means, with respect to any Partner and any Portfolio Investment, a fraction, expressed as a percentage: the numerator of which is the aggregate amount of Capital Contributions made by such Partner and used to fund the cost of such Portfolio Investment; and the denominator of which is the aggregate amount of Capital Contributions made by all Partners and used to fund the cost of such Portfolio Investment.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Loss Reserve Percentage means, on any date, the product of (A) 2.25 times (B) the highest average of the Default Ratios for any three consecutive calendar months during the twelve most recent calendar months times (C) the Loss Horizon Ratio.