Initial Purchase Percentage definition

Initial Purchase Percentage means 100% minus the Initial Rollover Percentage.
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Initial Purchase Percentage means, with respect to any Portfolio Investment, (a) if such Portfolio Investment is a Primary Market Investment, a percentage equal to 100% minus the sum, expressed as a percentage of the Initial Principal Amount of such Portfolio Investment, of (i) the amount of “original issue discount” (if any) applicable to the funding of such Portfolio Investment and (ii) the amount of any fees and expenses (excluding if taken in the form of “original issue discount”) netted from the funding of such Portfolio Investment and otherwise (b) the “Purchase Rate” specified in the Relevant Trade Confirmation.
Sample 1
Initial Purchase Percentage means, with respect to any Portfolio Investment, (a) if such Portfolio Investment is a Primary Market Investment, a percentage equal to 100% minus the sum, expressed as a percentage of the Initial Principal Amount of such Portfolio Investment, of (i) the amount of “original issue discount” (if any) applicable to the funding of such Portfolio Investment and (ii) the amount of any fees and expenses (excluding if taken in the form of “original issue discount”) netted from the funding of such Portfolio Investment and otherwise (b) the “Purchase Rate” specified in the Relevant Trade Confirmation.
Sample 1

Examples of Initial Purchase Percentage in a sentence

  • Treasurer Signature Page with respect to Olympic Automobile Receivables Warehouse Trust Variable Funding Certificates Certificate Purchase Agreement Dated: July 31, 1997 Initial Purchase Percentage: 54.16671% Maximum Purchase Commitment: $17,727,300 ARCADIA FINANCIAL LTD.

Related to Initial Purchase Percentage

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Holder Pro Rata Amount means a fraction (i) the numerator of which is the original Principal amount of this Note on the Closing Date and (ii) the denominator of which is the aggregate original principal amount of all Notes issued to the initial purchasers pursuant to the Securities Purchase Agreement on the Closing Date.

  • Applicable Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.

  • Strike Percentage means 100%

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.