Minimum Transferor Interest means, with respect to any period, --------------------------- 7% of the average of the aggregate amount of Principal Receivables for such period.
Series Required Transferor Amount means an amount equal to 7% of the Invested Amount.
Transferor Interest has the meaning specified in the Transfer Agreement.
Transferor Letter As defined in Section 5.03(n).
Transferor Certificate As defined in Section 5.02(b).
Transferor Company means a company that conveys an interest in shares.
Vested Shares means "Vested Shares" as defined in the Award Agreement.
Non-Election Shares shall have the meaning set forth in Section 3.2.1.
Transferor Amount means (a) prior to the Certificate Trust Termination Date, the "Transferor Amount" under (and as defined in) the Pooling and Servicing Agreement and (b) on and after the Certificate Trust Termination Date, the "Transferor Amount" as defined in Annex A to the Indenture. For purposes of determining the Transferor Amount on any date of determination, any amount deposited into the Principal Account in respect of a Potential Shortfall shall be deemed not to be on deposit in the Principal Account.
Option Shares shall have the meaning ascribed to such term in Section 2.2(a).
Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;
Unvested Shares means "Unvested Shares" as defined in the Award Agreement.
Treasury Portfolio Purchase Price means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City to the Quotation Agent on the third Business Day immediately preceding the Tax Event Redemption Date for the purchase of the Treasury Portfolio for settlement on the Tax Event Redemption Date.
Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.
Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.
Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.
Transferor Percentage means 100% minus (a) the Floating Allocation Percentage, when used at any time with respect to Finance Charge Receivables and Defaulted Receivables, or (b) the Principal Allocation Percentage, when used at any time with respect to Principal Receivables.
Eligible Transferee means and include a commercial bank, financial institution or other "accredited investor" (as defined in Regulation D of the Securities Act).
Restricted Shares shall have the respective meanings set forth in Section 2.14.
Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.
Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.
Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.
Rollover Option has the meaning set forth in Section 2.4(a).
Modified Eligible Transferee means any bank, financial institution or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities and other financial assets.
Option Share has the meaning ascribed to it in section "4.7" hereinbelow;