Percentages. The U.S. Borrower acknowledges that each payment made pursuant to this subparagraph (iii) in respect of any Tranche C-3 L/C Disbursement is required to be made for the benefit of the distributees indicated in the immediately preceding sentence. Any payment made from the Tranche C-3 Credit-Linked Deposit Account, or from funds of the Administrative Agent, pursuant to this paragraph to reimburse an Issuing Bank for any Tranche C-3 L/C Disbursement shall not constitute a Loan and shall not relieve the U.S. Borrower of its obligation to reimburse such Tranche C-3 L/C Disbursement.
Percentages. None of the foregoing provisions of this Section 9.5 will relieve any defaulting or breaching Underwriter from liability for its defaults or breach. In addition, you will pay upon request of the Manager, as contribution, your Underwriting Percentage of any Losses, joint or several, paid or incurred by any Indemnified Party to any person other than an Indemnified Party, arising out of or in connection with any untrue statement or alleged untrue statement of a material fact contained in any ABS Underwriter Derived Information, or the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading (other than an untrue statement or alleged untrue statement or omission or alleged omission made in reliance upon and in conformity with information furnished to the Company In Writing by the Underwriter on whose behalf the request for contribution is being made expressly for use therein) and your Underwriting Percentage of any expenses, including fees and expenses of counsel, as they are incurred, reasonably incurred by the Indemnified Party (with the approval of the Manager) on whose behalf the request for contribution is being made in connection with investigating, preparing for, or defending any such Loss or any action in respect thereof; provided, however, that any Losses, joint or several, paid or incurred by any Underwriter, arising out of or based upon any ABS Underwriter Derived Information which was used only by such Underwriter, or in connection with the preparation of which the Underwriter is found to have acted with gross negligence or willful misconduct in a final judgment of a court of competent jurisdiction, will be paid solely by the Underwriter. For the avoidance of doubt, references to an “Underwriter” or “you” in this Section 9.5 shall include the Manager in its role as an Underwriter.
Percentages. ON BASIC PREMIUM(S) Reinsurance premiums will be based on the following percentages of the Society of Actuaries 1990-1995 ANB table, attached to this Exhibit C-1: FIRST YEAR RENEWAL YEARS Preferred Non-Smoker 0% 43% Standard Non-Smoker 0% 61% Standard Smoker 0% 125% Aggregate Non-Smoker 0% 58% (For use where no Preferred class, e.g. ages 81-90) For policies/riders with intended durations of less than 10 years, the following level YRT rates will apply. FIRST YEAR RENEWAL YEARS Preferred Non-Smoker 41% 41% Standard Non-Smoker 58% 58% Standard Smoker 120% 120% Aggregate Non-Smoker 55% 55% (For use where no Preferred class, e.g. ages 81-90) ON LAST SURVIVOR POLICIES To calculate premium rates for last survivor policies, first determine the appropriate single life rate for each Insured Individual. If the first year percentage, as stated in 4. of this Exhibit, is 0% use the 2nd year percentage for the first year. Then combine the rates using the Frasiar calculation. If the first year percentage, as stated in 4. of this Exhibit, for each individual is 0%, then multiply the resulting frasiarized rate by 0. A minimum rate of $.11 per $1,000 of Net Amount at risk shall apply in renewal years. ON TABLE EXTRA SUBSTANDARD RISKS Substandard table extra will be reinsured using 25% per table rating multiplied by the appropriate YRT rate. Substandard extras will be based upon the underwriter's assessment regardless of how the policy is issued. Substandard table ratings for a reinsured policy are applicable for the first 20 years after issue or until the policyholder reaches attained age 65, whichever occurs last. ON FLAT EXTRA PREMIUMS When a flat extra premium is payable for 5 years or less, an allowance of 10% of the gross flat extra charged by the Company will be made each year. When a flat extra premium is payable for more than 5 years, an allowance of 100% of the gross flat extra charged by the Company will be made in the first year and an allowance of 10% in each year thereafter. ON MULTIPLE EXTRA PREMIUMS The same allowances as those payable on the basic policy. ON TERM PLANS An 80% increase in rates will apply for term policies that are renewed at very high premium levels (e.g. years 11 and later for the 10-year term plan and years 16 and later for the 15-year term plan).
Percentages. All percentages resulting from any calculations referred to in this Fourth Supplemental Indenture shall be rounded, if necessary, to the nearest one ten-thousandth of a percentage point, with five hundred-thousandths of a percentage point being rounded upwards (e.g., 6.87655% (or .0687655) would be rounded to 6.8766% (or .068766)), and all U.S. dollar amounts used in or resulting from such calculations shall be rounded to the nearest cent (with one-half cent or more being rounded upwards).
Percentages. The Company shall use commercially reasonable efforts to the extent practicable (taking into account the minimum denominations required for prepayments) to allocate prepayments hereunder such that, after giving pro forma effect to each such prepayment, the percentage of unused Tranche 1 Commitments relative to the Aggregate Tranche 1 Commitments and unused Tranche 2 Commitments relative to the Aggregate Tranche 2 Commitments are approximately equal; provided that, the failure to maintain such approximately equal percentages shall not be a Default or Event of Default hereunder.
Percentages. Such Letter of Credit Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter (or portion thereof) for the immediately preceding calendar quarter and on the Maturity Date. In addition, the Borrower agrees to pay a fronting fee at the rate per annum specified in the Fee Letter of the maximum amount available to be drawn under such Letter of Credit, which shall be for the account of the L/C Issuer and which shall be payable quarterly in arrears on the first Business Day of each calendar quarter (or portion thereof) for the immediately preceding calendar quarter and on the Maturity Date. In respect of each Letter of Credit, the Borrower shall also pay to the L/C Issuer for the L/C Issuer’s own account, at such other time or times as such charges are customarily made by the L/C Issuer, the L/C Issuer’s customary issuance, amendment, negotiation or document examination and other administrative fees as in effect from time to time. Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable.
Percentages. Term Loan Commitment/ Revolving Loan Name: Term Loans: Commitment: Domestic Office: LOBOR Office: ---- ---------- ---------- --------------- ------------ MeesPierson Capital Corp. 3.57142857143% 3.57142857143% 3 Stamford Plaza SAME. 301 Tresser Boulevard, 9th Fl. New York, NY 10017 Facsimile No.: 203-705-5890 Attention: Scott Webster Dresdner Bank AG 2.85714285714% 2.85714285714% 75 Wall Street SAME. New York, NY 10005-2889 Facsimile No.: 212-429-4181 Attention: Constance Loosemore Banque Nationale de Paris 2.14285714286% 2.14285714286% 499 Park Avenue, 9th Floor SAME. New York, NY 10022-1278 Facsimile No.: Stephanie Rogers Attention: 212-415-9836 Crestar Bank 2.14285714286% 2.14285714286% 919 East Main, 22nd Floor SAME. Richmond, VA 23219 Facsimile No.: 804-782-5413 Attention: Thomas Palmer First Hawaiian Bank 2.14285714286% 2.14285714286% 999 Bishop Street, 11th Floor SAME. Honolulu, HI 96813 Facsimile No.: 804-525-8973 Attention: Donald Young First National Bank of Maryland 2.14285714286% 2.14285714286% 25 S. Charles Street, 18th Fl. SAME. Baltimore, MD 21201 Facsimile No.: 410-244-4920 Attention: Wendy Andrus