Repayment Percentage definition

Repayment Percentage means, with respect to any Lender, (a) with respect to any Borrowing, the percentage equivalent of a fraction the numerator of which is such Lender’s applicable Principal Obligation of such Borrowing and the denominator of which is the aggregate Principal Obligation of such Borrowing; (b) with respect to any Letter of Credit, the percentage equivalent of a fraction the numerator of which is such Lender’s applicable Letter of Credit Liability and the denominator of which is the aggregate Letter of Credit Liability; and (c) with respect to any other Obligation, the percentage equivalent of a fraction the numerator of which is such Lender’s Principal Obligation and the denominator of which is the aggregate Principal Obligation.
Repayment Percentage means 50%; provided that the Repayment Percentage shall be (i) 25% if the Consolidated Leverage Ratio at the end of the applicable Fiscal Year is less than 2.50:1 but greater than or equal to 2.00:1 and (ii) 0% if such Consolidated Leverage Ratio is less than 2.00:1.
Repayment Percentage means the percentage set out in the Loan Summary, which is applied to the total dollar value of all Transactions processed by you each day for the purposes of repaying your Loan.

Examples of Repayment Percentage in a sentence

  • For purposes of this Note, the Repayment Percentage shall mean one and one-half percent (1.5%) of the outstanding principal amount of this Note.

  • Administrative Agent will promptly notify each Funding Agent of its receipt of each such notice, and of the amount of its Lender Group’s Repayment Percentage of such prepayment.

  • In the event that any of the February 2023 Buyers elects not to apply their pro rata portion of the respective Repayment Percentage towards the repayment of their February 2023 Note, then such respective Repayment Percentage shall be allocated to the other February 2023 Buyers on a pro rata basis in proportion to the aggregate principal amount of February 2023 Notes then held by each such other holder.

  • Subject to Section 2.15, each such prepayment shall be applied to the Principal Obligation held by each Lender in accordance with its applicable Repayment Percentage.

  • Subject to Section 2.12, each such prepayment shall be applied to the Principal Obligations held by each Lender in accordance with its applicable Repayment Percentage.


More Definitions of Repayment Percentage

Repayment Percentage means, for any Scheduled Payment Date, the percentage specified below for such Scheduled Payment Date: Scheduled Payment Date Repayment Percentage ---------------------- -------------------- March 31, 1999 5% June 30, 1999 5% September 30, 1999 5% December 31, 1999 5% March 31, 2000 7.5% June 30, 2000 7.5% September 30, 2000 7.5% December 31, 2000 7.5% March 31, 2001 7.5% June 30, 2001 7.5% September 30, 2001 7.5% December 31, 2001 7.5% March 31, 2002 10% June 30, 2002 10%
Repayment Percentage has the meaning specified in Section 2.06(a).
Repayment Percentage at any date shall mean the aggregate principal amount of Term B Loans that have been repaid prior to such date pursuant to Article II, expressed as a percentage of the sum of (a) the aggregate principal amount of Term B Loans that have been repaid prior to such date pursuant to Article II plus (b) the aggregate principal amount of Term B Loans remaining outstanding as of such date, provided, that, any such repayment was made solely with the proceeds of (x) internally generated cash flow of the Borrower and its Subsidiaries, (y) contributions to the common capital of the Borrower received in cash since the Closing Date, or (z) the issuance of unsecured Indebtedness by the Borrower or any Subsidiary Loan Party since the Closing Date.
Repayment Percentage means, with respect to any Lender, (a) with respect to any Borrowing, the percentage equivalent of a fraction the numerator of which is such Lender’s applicable Principal Obligation of such Borrowing and the denominator of which is the aggregate Principal Obligation of such Borrowing; (b) with respect to any Letter of Credit, the percentage equivalent of a fraction the numerator of which is such Lender’s applicable Letter of Credit Liability and the denominator of which 4879-7367-7649 v.18 40 4879-7367-7649 v.18 is the aggregate Letter of Credit Liability; and (c) with respect to any other Obligation, the percentage equivalent of a fraction the numerator of which is such Xxxxxx’s Principal Obligation and the denominator of which is the aggregate Principal Obligation.
Repayment Percentage means 10 percent or such other
Repayment Percentage means the percentage set forth in the table above that is applied to all Business PayPal Sales Proceeds in order to calculate each Repayment Amount;
Repayment Percentage means, in respect of a Repayment Date, the percentage specified in respect of that Repayment Date for the Term Loan falling in the relevant month as set out in Schedule 7;