Voucher Percentage definition

Voucher Percentage means, in relation to a particular Series and at any time, the ratio (expressed as a percentage) of (i) the aggregate Value of the relevant Airtime Vouchers to
Voucher Percentage means at any time, the ratio (expressed as a percentage) of (i) the aggregate Value of the relevant Vouchers owned by the Trustee but unsold by the Wakeel to (ii) the aggregate Value of the Vouchers and Replacement Assets (if any) at that time. For the avoidance of doubt, on the Closing Date (and prior to any substitution of Vouchers for Replacement Assets under the Substitution Undertaking) the Voucher Percentage is 100%;
Voucher Percentage means, in relation to a particular Series and at any time, the ratio (expressed as a percentage) of (i) the aggregate Value of the relevant Airtime Vouchers to (ii) the aggregate Value of the Airtime Vouchers and Lease Assets at that time.

Related to Voucher Percentage

  • 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%.

  • Funding Percentage means, for each Lender at the time of any Revolving Borrowing or Revolving Facility LC Issuance, (i) if there is no Aggregate Canadian Sub-Facility Exposure, such Lender’s Fixed Commitment Percentage, or (ii) if there is any Aggregate Canadian Sub-Facility Exposure, such Lender’s Adjusted Commitment Percentage.

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

  • Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount of the Aggregate Commitment actually disbursed and outstanding to Borrower by such Lender at such time, and the denominator of which is the total amount of the Aggregate Commitment disbursed and outstanding to Borrower by all of the Lenders at such time.

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