Note Percentage definition

Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

Note Percentage. With respect to any Payment Date and any Note, the ratio expressed as a percentage of the Note Principal Balance of such Note to the aggregate Note Principal Balance of all Notes immediately prior to such Payment Date.

Note Percentage means (i) for each Payment Date until the principal amount of the Class A-1 Notes has been paid in full, 100%; (ii) for each Payment Date on or after the principal amount of the Class A-1 Notes has been paid in full to and including the Payment Date on which the principal amount of the Class A-4 Notes has been paid in full, the percent equivalent of a fraction, the numerator of which is the initial aggregate principal amount of the Class A-2, Class A-3 and Class A-4 Notes and the denominator of which is the sum of the initial aggregate principal amount of the Class A-2, Class A-3 and Class A-4 Notes and the initial principal amount of the Certificates; and (iii) for each Payment Date after the Payment Date on which the principal amount of the Class A-4 Notes has been paid in full, 0%; notwithstanding the foregoing, for each Payment Date after the acceleration of the Notes following an Event of Default, the Note Percentage shall be 100% until the Notes have been paid in full.

Examples of Note Percentage in a sentence

• Statutory Citation Minimum or Maximum Percentage of Fund Percentage of Total Assets Invested Note: Percentage of Total Assets Invested is based on market values as of the most recent quarter-end.

• Note: Percentage of funds involved shall not be a basis of quoting the Audit Fee.

• Each Secured Note shall be issued in the initial Secured Note Principal Balance set forth on the face thereof, which shall each be equal to 50% of the product of (x) the Secured Note Percentage and (y) the sum of the Initial ABS Values of the Lease Assets (with respect to each Secured Note, the “ Initial Secured Note Principal Balance”).

• In consideration of the Seller’s conveyance of the Sold Assets pursuant to Section 2.01(a) on the Closing Date, ACOLT shall deliver or cause the ACOLT Indenture Trustee to deliver Secured Notes, in accordance with Section 2.2(d) of the ACOLT Indenture, in an initial aggregate principal amount equal to the Secured Note Percentage of the Aggregate Initial ABS Value of the Lease Assets.

• The top 10 unitholders based on the percentage of investment units owned to total investment units issued as of the end of the fiscal period under review are as follows: (Note) Percentage of investment units owned to total investment units issued is rounded down to two decimal places.

More Definitions of Note Percentage

Note Percentage means, (i) for each Distribution Date to but excluding the Distribution Date on which the principal amount of the Class A-4 Notes is reduced to zero, 100%; (ii) for the Distribution Date on which the principal amount of the Class A-4 Notes is reduced to zero, (A) 100% until the principal amount of the Class A-4 Notes has been reduced to zero and (B) with respect to any remaining portion of the Principal Distributable Amount, zero; and (iii) for any Distribution Date thereafter, zero.

Note Percentage means, as of any Payment Date, the percentage equivalent of a fraction, the numerator of which is the aggregate principal amount of the Notes as of such Payment Date (after giving effect to any payments of principal on such Payment Date), and the denominator of which is an amount equal to the sum of the aggregate principal amount of the Notes and the Certificate Balance, in each case as of such Payment Date (after giving effect to any payment of principal on such Payment Date).

Note Percentage means the percentage equivalent to a fraction the numerator of which is the Note Balance and the denominator of which is the sum of the Note Balance and the Certificate Balance.

Note Percentage means, (i) for each Distribution Date to but excluding the Distribution Date on which the principal amount of the Class A-3 Notes is reduced to zero, 100%; (ii) for the Distribution Date on which the principal amount of the Class A-3 Notes is reduced to zero, (A) 100% of the Principal Distributable Amount until the principal amount of the Class A-3 Notes has been reduced to zero and (B) with respect to any remaining portion of the Principal Distributable Amount, the percentage calculated as set forth in clause (iii); (iii) for each Distribution Date after the Distribution Date on which the principal amount of the Class A-3 Notes is reduced to zero, a percentage, expressed as a fraction the numerator of which is the aggregate principal amount of the Class A-4 Notes as of the immediately preceding Distribution Date and the denominator of which is the sum of the aggregate principal amount of the Class A-4 Notes and the principal amount of the Certificates as of the immediately preceding Distribution Date, in each instance after giving effect to all payments of principal on such preceding Distribution Date; and (iv) for any Distribution Date thereafter, zero.

Note Percentage means the Outstanding Amount divided by the aggregate amount then outstanding under the Senior Notes including any accrued but unpaid interest thereon.

Note Percentage means a fraction, the numerator of which is the original principal amount of this Note and the denominator of which is Two Million Five Hundred Thousand Dollars ($2,500,000).

Note Percentage means 55% times a fraction, the numerator of which is the final, aggregate principal amount of the Notes and the denominator of which is $2,500,000.