Weighted Average Applicable Percentage definition
Weighted Average Applicable Percentage means, for all Eligible Loan Assets included in the Collateral Portfolio, on any date of determination, the lesser of (x) 67.5% and (b) the weighted average of the Applicable Percentages applicable to the Eligible Loan Assets included in the Collateral Portfolio on such day, weighted according to the proportion of the Adjusted Borrowing Value that each Loan Asset forming a part of the Collateral Portfolio represents; provided that such amounts shall exclude any portion included in the Excess Concentration Amount.
Weighted Average Applicable Percentage means, on any date of determination, the number (expressed as a percentage) equal to a fraction (i) the numerator of which is the sum of the products of (a) the Applicable Percentage of each Eligible Loan Asset included in the Collateral Portfolio on such date multiplied by (b) the Adjusted Borrowing Value of the applicable Eligible Loan Asset on such date, and (ii) the denominator of which is the aggregate Adjusted Borrowing Value of all Eligible Loan Assets forming a part of the Collateral Portfolio on such date.
Weighted Average Applicable Percentage means, with respect to any Fiscal Year, the average Applicable Percentage for such Fiscal Year weighted on the basis of the amount of Net Sales during such Fiscal Year against which such Applicable Percentage was applied in calculating amounts payable pursuant to Sections 2.02
More Definitions of Weighted Average Applicable Percentage
Weighted Average Applicable Percentage means, with respect to any fiscal year, the average Applicable Percentage for such fiscal year weighted on the basis of the amount of Net Sales during such fiscal year against which such Applicable Percentage was applied in calculating amounts payable pursuant to Section 2.02(a).
Weighted Average Applicable Percentage means, with respect to any fiscal year, the average Applicable Percentage for such fiscal year weighted on the basis of the amount of Net Sales during such fiscal year against which such Applicable Percentage was applied in calculating amounts payable pursuant to Section 2.02(a).