Tranche Percentage definition

Tranche Percentage means in respect of each Tranche, the Tranche Quantity expressed as a percentage of the sum of all the Tranche Quantities at the Interruptible CSEP; and

Tranche Percentage means a Global Tranche Percentage or a US/UK Tranche Percentage.

Tranche Percentage means, at any time, with respect to any Lender holding any Commitment or Loan under the US Tranche or the European Tranche, such Lender’s US Tranche Percentage or European Tranche Percentage, as applicable, at such time.

Examples of Tranche Percentage in a sentence

• Typically, DS Supplier Responsibility Share is the product between the number of Tranches won and Tranche Percentage for the DS Customer Group.

• Number of Tranches and Percentage for Each Tranche: Residential - XX tranches; Tranche Percentage: X.X% per Tranche Small Commercial - XX tranches; Tranche Percentage: X.X% per Tranche Consolidated Large Commercial and Industrial - XX tranches; Tranche Percentage: X.X% per Tranche DS Supplier Responsibility Share: Fixed percentage share of DS Load for DS Customer Group associated with Transaction Confirmation.

• Where any of the Tranches at the Interruptible CSEP has an Interruption Allowance greater than 45 days, for the purposes of paragraph 5.5.4, the Interruption Allowance shall be determined by the sum of the products of the Tranche Percentage and the Interruption Allowance of each Tranche at the Interruptible CSEP.

• Where any of the Tranches at the Interruptible Supply Point has an Interruption Allowance greater than 45 days, for the purposes of paragraph 5.5.4, the Interruption Allowance shall be determined by the sum of the products of the Tranche Percentage and the Interruption Allowance of each Tranche at the Interruptible Supply Point.

• Tranche Percentage: 1.00% Implicit Portfolio Size: Original Swap Notional Amount divided by Tranche Percentage Reference Entity Notional Amount:In respect of each Reference Entity and an Event Determination Date, an amount equal to the product of (i) the Implicit Portfolio Size and (ii) the Reference Entity Credit Position in respect of such Reference Entity as of the Event Determination Date.

More Definitions of Tranche Percentage

Tranche Percentage means, with respect to any Lender, such Lender’s US Tranche Revolving Percentage or European Tranche Percentage, as applicable.

Tranche Percentage means a Tranche One Percentage or a Tranche Two Percentage, as the case may be.

Tranche Percentage means, with respect to any Lender and any Tranche, the percentage of the total Commitments of such Tranche represented by such Lender’s Commitment of such Tranche.

Tranche Percentage means (a) with respect to any Revolving Lender holding any Commitment or Loan under the European Tranche or the Canadian Tranche, such Lender’s European Tranche Percentage or Canadian Tranche Percentage, as applicable and (b) with respect to any Tranche C-3 Lender, such Lender’s Tranche C-3 Percentage.

Tranche Percentage means that portion, measured as a percentage, that a Bank’s Currency Commitment in respect of any Tranche bears to the Tranche Commitment for such Tranche as expressly set forth on Schedule 2.1.

Tranche Percentage means, with respect to any date of determination, with respect to the Tranche consisting of the Series 2016-1 Class A-1 Notes, the quotient of the Outstanding Principal Amount of the Series 2016-1 Class A-1 Notes divided by the Outstanding Principal Amount of the Class A Notes, (ii) with respect to any additional Tranche consisting of Class A Notes, the quotient of the Outstanding Principal Amount of such additional Tranche of Class A Notes divided by the Outstanding Principal Amount of the Class A Notes.

Tranche Percentage has the meaning given in Section 9.1(a).