Allocation Percentage definition

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

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

Allocation Percentage means, with respect to Caterpillar or CFSC at any time, such Borrower’s Allocation at such time divided by the Total Commitment at such time.

Examples of Allocation Percentage in a sentence

To the extent that the product of (A) the portion of the Insolvency Proceeds allocated to Series 2023-2 Allocable Finance Charge Collections and (B) the Floating Allocation Percentage with respect to the related Monthly Period exceeds the aggregate amount distributed to the Paying Agent pursuant to the preceding sentence, the excess shall be distributed to the Collateral Interest Holder.
Upon any Class A Incremental Funding, the Class A Principal Balance, the Collateral Amount and the Allocation Percentage shall increase as provided herein.
The Servicer shall allocate to the Series 2023-1 Certificateholders and retain in the Collection Account for application as provided herein an amount equal to the product of (A) the Floating Allocation Percentage and (B) the Series 2023-1 Allocation Percentage and (C) the aggregate amount of Collections of Finance Charge Receivables deposited in the Collection Account on such Deposit Date.
To the extent that the product of (A) the portion of the Insolvency Proceeds allocated to Series 2023-1 Allocable Finance Charge Collections and (B) the Floating Allocation Percentage with respect to the related Monthly Period exceeds the aggregate amount distributed to the Paying Agent pursuant to the preceding sentence, the excess shall be distributed to the Collateral Interest Holder.
The Servicer shall allocate to the Series 2023-2 Certificateholders and retain in the Collection Account for application as provided herein an amount equal to the product of (A) the Floating Allocation Percentage and (B) the Series 2023-2 Allocation Percentage and (C) the aggregate amount of Collections of Finance Charge Receivables deposited in the Collection Account on such Deposit Date.

More Definitions of Allocation Percentage

Allocation Percentage has the meaning set forth in Section 3.4.

Allocation Percentage means, for any Person, with respect to a Person’s Joint Venture Subsidiary, the percentage ownership interest of such Person in such Joint Venture Subsidiary.

Allocation Percentage is defined, for any Series, with respect to Principal Receivables, Finance Charge Receivables and Receivables in Defaulted Accounts, in the related Indenture Supplement.

Allocation Percentage means a fraction, the numerator of which is the number of Preferred Shares issued to a Holder on the Initial Issuance Date and the denominator of which is the aggregate amount of all the Preferred Shares issued on the Initial Issuance Date.

Allocation Percentage shall have the meaning set forth in Section 7.4 hereof.

Allocation Percentage has the meaning set forth in Section 2(e).

Allocation Percentage means for any day during a Monthly Period, (a) with respect to Collections of Finance Charge Receivables and Defaulted Amounts at any time and Collections of Principal Receivables during the Revolving Period, the Floating Allocation Percentage; provided that if Collections of Finance Charge Receivables for any other series are allocated using a fixed allocation percentage during the redemption period, limited redemption period or similar period for such Series, the Allocation Percentage with respect to Collections of Finance Charge Receivables during the Accumulation Period or the Early Redemption Period shall be the Fixed Allocation Percentage rather than the Floating Allocation Percentage, and (b) with respect to Collections of Principal Receivables during the Accumulation Period or the Early Redemption Period, the Fixed Allocation Percentage.