Class A Percentage definition

Class A Percentage means 100% minus the Class B Percentage.

Class A Percentage. As to any Distribution Date occurring on or prior to the Cross-Over Date, the lesser of (i) 100% and (ii) the percentage obtained by dividing the Class A Non-PO Principal Balance (determined as of the Determination Date preceding such Distribution Date) by the Pool Balance (Non-PO Portion). As to any Distribution Date occurring subsequent to the Cross-Over Date, 100% or such lesser percentage which will cause the Class A Non-PO Principal Balance to decline to zero following the distribution made on such Distribution Date.

Class A Percentage. As to any Distribution Date occurring on or prior to the Subordination Depletion Date, the lesser of (i) 100% and (ii) the percentage obtained by dividing the Class A Non-PO Principal Balance (determined as of the Determination Date preceding such Distribution Date) by the Pool Balance (Non-PO Portion). As to any Distribution Date occurring subsequent to the Subordination Depletion Date, 100% or such lesser percentage which will cause the Class A Non-PO Principal Balance to decline to zero following the distribution made on such Distribution Date.

Examples of Class A Percentage in a sentence

• Any action required or permitted to be taken at any meeting of the Members of the Company may be taken without a meeting if the action is evidenced by one or more written consents setting forth the action to be taken and signed by Members holding Class A Percentage Interests sufficient to cause the action to be taken at a meeting of the Members at which all Members were present.

• Notwithstanding anything to the contrary in the Revised Act, and solely to the extent authorized in this Agreement, each Member has the right to vote in proportion to such Member’s Class A Percentage Interest.

• Notwithstanding anything to the contrary in the Revised Act, and solely to the extent authorized in this Agreement, each Member has the right to vote in proportion to such Member's Class A Percentage Interest.

• COMPANY: Auor Capital Fund V LLC By: Xxxxxxx Development Group, LLC Its: Manager By: Xxxx Xxxxxxx Its: President and CEO MEMBER: XXXXXXX DEVELOPMENT GROUP, LLC By: Xxxx Xxxxxxx Its: President and CEO SCHEDULE 1 Member Schedule Member Name Capital Contribution Class A Units Class A Percentage Interest Class B Units Class B Percentage Interest Percentage Interest Xxxxxxx Development Group, LLC Cash and property the receipt, sufficiency and value of which have been agreed to and accepted by the Company.

More Definitions of Class A Percentage

Class A Percentage means _____%.

Class A Percentage. As of any Distribution Date, the percentage obtained by dividing the Class A Principal Balance by the Mortgage Pool Principal Balance, but not more than 100%.

Class A Percentage means a fraction the numerator of which is the Class A Initial Invested Amount and the denominator of which is the Initial Invested Amount.

Class A Percentage. With respect to each Distribution Date, the percentage derived from the fraction (which shall not be greater than 1), the numerator of which is the Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date and the denominator of which is the sum of the Class A Certificate Principal Balance, the Class M-1 Adjusted Certificate Principal Balance, the Class M-2 Adjusted Certificate Principal Balance, the Class B-1 Adjusted Certificate Principal Balance and the Class B-2 Adjusted Certificate Principal Balance, each immediately prior to such Distribution Date.

Class A Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class A Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

Class A Percentage. As of any Distribution Date, the fraction, expressed as a percentage (which shall never exceed 100%), the numerator of which is the Class A Principal Balance and the denominator of which is the outstanding Principal Balance of the Mortgage Loans as of the immediately preceding Due Date.

Class A Percentage means 92.25%.