Series Percentage definition

Series Percentage means, with respect to any specified category, with respect to any Distribution Date or Trust Distribution Date, as applicable, the sum of the Class Percentages with respect to such category for each Class of the Series established hereby on such Distribution Date or Trust Distribution Date, as applicable.
Series Percentage means, (a) for this Series with respect to Principal Collections, the “Series Principal Collections Allocation Percentage,” and for each other Series with respect to Principal Collections, shall have the meaning set forth in the applicable Series Supplement, and (b) for this Series with respect to Finance Charge Collections, the “Series Finance Charge Collections Allocation Percentage,” and for each other Series with respect to Finance Charge Collections, shall have the meaning set forth in the applicable Series Supplement.

Examples of Series Percentage in a sentence

  • On and after the date of such repurchase, Receivables so purchased shall not be included in the calculation of any Series Percentage, the Seller Percentage or the Seller Interest.

  • The names and addresses of each Member and their Series Percentage Interest shall be set forth on Schedule A for such Series (as Schedule A is updated from time to time in the books and records of the Manager for each Series).

  • All actions, votes or consents required or permitted to be taken by the Members shall be taken by the written consent of Members holding in aggregate not less than the minimum Series Percentage Interests specified herein as to the particular action, vote or consent.

  • Whenever any additional Member is admitted to the Company, or any additional Interest is issued, in accordance with this Section 7.4, the Managers shall cause Schedules A and B to this Agreement to be amended to reflect any adjustment in the Percentage Interests or Series Percentage Interests of the Members in accordance with this Section 7.4.

  • On and after the date of such repurchase, Receivables so purchased shall not be included in the calculation of any Series Percentage, the Transferor Percentage or the Transferor Interest.


More Definitions of Series Percentage

Series Percentage with respect to any Series shall have the meaning specified in the applicable Series Supplement.
Series Percentage means, with respect to any Series of Notes and for any date, the percentage specified in the related Indenture Supplement.
Series Percentage means, with respect to any date of determination, the percentage equivalent (which percentage shall never exceed 100%) of a fraction calculated as follows:
Series Percentage means with respect to any Series, on any date of determination, the percentage equivalent of a fraction the numerator of which is the Invested Amount of such Series and the denominator of which is the sum of the Invested Amounts of all Series then outstanding.
Series Percentage means, for any Series with respect to any Due Period, the percentage equivalent of a fraction, the numerator of which is the Series Investor Interest or the Receivables Purchase Series Interest, as the case may be, for such Series as of the last day of the immediately preceding Due Period and the denominator of which is the sum of the Series Investor Interests and the Receivables Purchase Series Interests for all outstanding Series, in each case as of the last day of the immediately preceding Due Period.
Series Percentage means, with respect to each Member for each Accounting Period, in the case of each Series a percentage equal to the fraction the numerator of which is the aggregate balance in the Capital Account(s) of the Units in such Series held by such Member and the denominator of which is the aggregate balance of all Capital Accounts attributable to such Series, in each case as of the first day of such Accounting Period. The aggregate of all Members’ Series Percentages in each Series shall at all times equal 100%.