Debtor's Percentage definition
Debtor's Percentage means at any time 1 minus the Noteholder's Percentage.
Examples of Debtor's Percentage in a sentence
If, on the Termination Date the Debtor's Percentage is less than the Minimum Debtor's Percentage, then the Debtor shall immediately pay to the Agent, for the benefit of the Company or the Bank Investors, as applicable, from previously received Principal Collections, an amount equal to the amount that, when applied in reduction of the Net Investment, will result in a Debtor's Percentage equal to or greater than the Minimum Debtor's Percentage.
The Debtor's Percentage is not less than the Minimum Debtor's Percentage.