Funded Percentage definition

Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount of the Aggregate Commitment actually disbursed and outstanding to Borrower by such Lender at such time, and the denominator of which is the total amount of the Aggregate Commitment disbursed and outstanding to Borrower by all of the Lenders at such time.
Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount actually disbursed and outstanding to Borrower by such Lender at such time (including Swing Line Loans and Competitive Bid Loans), and the denominator of which is the total amount disbursed and outstanding to Borrower by all of the Lenders at such time (including Swing Line Loans and Competitive Bid Loans).
Funded Percentage for any Liquidity Bank or Institutional Lender as of any date of determination, means the amount, expressed as a percentage, obtained by dividing (i) the Drawn Amount of such Liquidity Bank or Institutional Lender, by (ii) the Advances Outstanding of all Liquidity Banks and Institutional Lenders.

Examples of Funded Percentage in a sentence

  • Projections of Employer Contributions and Funded Percentage - Combined for All Divisions The following page combines the projections for each division (see chart 17.5 for each division) into a projection for the municipality as a whole.

  • To determine the Funded Percentage of a pension plan, CalPERS compares the value of the pension plan’s assets (Total Plan Assets) to the present value of the plan’s Benefits payment obligations (Total Plan Liabilities).13 If the present value of the Benefits obligations is larger than the current value of pension assets, then the plan is not fully funded and has an Unfunded Liability equal to the difference.

  • CalPERS’ system-wide Funded Percentage (that is, value of current assets divided by the present value of future Benefit payments) is only 68 percent.54,55 As discussed below in the section entitled “Unfunded Liabilities and Funded Percentages of the Cities” at p.

  • For example, at a Discount Rate of 6.2 percent, it has been estimated that CalPERS’ Funded Percentage would drop by almost 10 percentage points, from 68 to 58.3 percent.77 Increasing Pension Contribution Payments.

  • Financial analyst Rick Roeder notes that a public pension plan with a Funded Percentage in the 80-90 percent range is considered “reasonably well funded.” Roeder, Rick, Roeder Financial, California Pension Systems: Ranking their Funding Assumptions, May 2017, p.


More Definitions of Funded Percentage

Funded Percentage means the percentage equal to a fraction— the numerator of
Funded Percentage means the ratio (expressed
Funded Percentage means, for each teamster
Funded Percentage with respect to any Purchaser as of any date means the ratio (expressed as a percentage) of (i) the portion of the then outstanding Capital funded by such Purchaser divided by (ii) the entire then outstanding Capital.
Funded Percentage means for each Lender at any time of determination the ratio that the principal balance of such Lender's outstanding Loans at such time bears to the aggregate outstanding balance of all Loans at such time, expressed as a percentage.
Funded Percentage with respect to any Purchaser at any time means the ratio, expressed as a percentage, of (i) such Purchaser's Investment divided by (ii) the Total Purchasers' Investment, in each case, at such time.
Funded Percentage means, the Revolving Credit Funded Percentage or the New Term Loan Funded Percentage, as the context may require.