Success Fee Percentage definition

Success Fee Percentage means, with respect to each Liquidation Sate, a percentage determined by the Borrower Percentage for such Liquidation Sale in accordance with the following grid: If Borrower Equity Percentage is: Then Success Fee Percentage is: >5.0%, but < 6.0% 35.0 % >6.0%, but < 7.0% 32.0 % >7.0%, but < 8.0% 29.0 % >8.0%, but < 9.0% 26.0 % >9.0%, but < 10.0% 23.0 % >10.0%, but < 11.0% 20.0 % >11.0%, but < 12.0% 18.0 % >12.0%, but < 13.0% 16.0 % >13.0%, but < 14.0% 14.0 % >14.0%, but < 15.0% 12.0 % 15.0% 10.0 %
Sample 1
Success Fee Percentage means: (i) with respect to each Liquidation Sale (or portion thereof) of Retail Inventory conducted in the United States and Canada, the percentage determined by the applicable Inventory Advance Rate for any Liquidation Borrowing made in connection with such Liquidation Sale in accordance with the column titled “Success Fee Percentage” in the grid below; (ii) with respect to each Liquidation Sale (or portion thereof) of Other Assets conducted in the United States and Canada, no less than twenty percent (20%); (iii) with respect to each Liquidation Sale (or portion thereof) in connection with which a Backend L/C has been issued, the percentage determined by the applicable Effective Advance Rate for any Liquidation Borrowing made in connection with such Liquidation Sale in accordance with the column titled “Success Fee Percentage” in the grid below; and (iv) with respect to any other Liquidation Sale in any other jurisdiction, the percentage determined by Lender in its discretion. Inventory Advance Rate/Effective Advance Rate Success Fee Percentage 0% 0% Greater than 0, but ≤ 77.5% 5.0% >77.5%, but ≤ 82.5% 10.0% > 82.5%, but ≤ 87.5% 15.0% > 87.5% 20.0%
Sample 1
Success Fee Percentage means, with respect to each Liquidation Sale, a percentage determined by the Inventory Advance Rate for any Liquidation Loan made by Lender in connection with such Liquidation Sale in accordance with the following grid: If Inventory Advance Rate is: Then Success Fee Percentage is: < 77.5% 5.0 % > 77.5%, but £ 82.5% 10.0 % > 82.5%, but £ 87.5% 15.0 % > 87.5%, but £ 92.5% 20.0 % ; provided however, that for all Liquidation Loans made in respect of Other Assets Liquidation Sales, the Success Fee shall be no less than 20%.
Sample 1

Examples of Success Fee Percentage in a sentence

  • Example: Determine the Second Transaction Success Fee Percentage.


More Definitions of Success Fee Percentage

Success Fee Percentage means: (i) with respect to each Liquidation Sale (or portion thereof) of Retail Inventory conducted in the United States and Canada, the percentage determined by the applicable Inventory Advance Rate for any Liquidation Borrowing (including, without limitation, any Capital Assets Advance) in connection with such Liquidation Sale in accordance with the column titled “Success Fee Percentage (US & Canada)” in the grid below; (ii) with respect to each Permitted Capital Assets Transaction and each Liquidation Sale (or portion thereof) of Retail Inventory conducted in the United Kingdom, the percentage determined by the applicable Inventory Advance Rate for any Liquidation Borrowing in connection with such Permitted Capital Assets Transaction or other Liquidation Sale in accordance with the column titled “Success Fee Percentage (UK)” in the grid; (iii) with respect to each Liquidation Sale (or portion thereof) of Other Assets conducted in the United States and Canada, no less than twenty percent (20%); (iv) with respect to each Liquidation Sale (or portion thereof) of Other Assets conducted in the United Kingdom, no less than twenty two and one half percent (22.5%); and (v) with respect to any other Liquidation Sale in any other jurisdictions, the percentage determined by Lender in its discretion. Inventory Advance Rate Success Fee Percentage (US & Canada) Success Fee Percentage (UK) < 77.5% 5.0 % 7.5 % > 77.5%, but < 82.5% 10.0 % 12.5 % > 82.5%, but < 87.5% 15.0 % 17.5 % > 87.5%, but < 92.5% 20.0 % 22.5 %
Sample 1

Related to Success Fee Percentage

  • Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum equal to the Applicable Eurodollar Margin for Revolving Loans in effect on such date.

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • Commitment Fee Percentage means, with respect to the Revolving Loan Commitments at any time, the per annum percentage which is used to calculate Commitment Fees for such Revolving Loan Commitments determined pursuant to the Pricing Grid.

  • Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including February 28, 2015, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Applicable Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • Commitment Utilization Percentage means on any day the percentage equivalent to a fraction (a) the numerator of which is the aggregate outstanding principal amount of Revolving Credit Loans, including the aggregate outstanding principal amount of Letters of Credit, Swingline Loans and Competitive Loans, and (b) the denominator of which is the Total Commitment (or, on any day after termination of the Commitments, the Total Commitment in effect immediately preceding such termination).

  • Purchase Percentage means, with respect to any Purchased Asset, the applicable Maximum Purchase Percentage specified in Schedule 1 (or as otherwise specified in the applicable Confirmation), as adjusted in accordance with Schedule 1 (or as otherwise specified in the applicable Confirmation).

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • 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.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Allocable Percentage means, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency, bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

  • Applicable Commitment Fee Rate means:

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Funding Percentage means with respect to any Payment Date, the percentage derived from the fraction the numerator of which is the Pre-Funded Amount and the denominator of which is the sum of the aggregate Principal Balance of Receivables transferred to the Trust and the Pre-Funded Amount, in each case, as of the last day of the related Collection Period.

  • Series Servicing Fee Percentage means 2.0%.

  • Utilization Percentage means, on any day, the percentage produced by dividing (a) the aggregate Revolving Credit Exposures by (b) the total Commitments, unless the Commitments shall have been terminated, in which case the Utilization Percentage shall be 100%.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.