Examples of Repurchase Percentage in a sentence
Following the repurchase of the applicable Repurchase Percentage pursuant to Section 4.4 of the EP II LLC Agreement, with respect to Funded Portfolio Investments in which you have a Profit Sharing Percentage, you shall be entitled to your share of Carried Interest Proceeds from such Funded Portfolio Investments in which you have a remaining Profit Sharing Percentage as provided on Schedule B (attached hereto), subject to adjustment pursuant to Section E.2.
The final Repurchase Percentage for each Loan will be reflected on Attachment B at Closing.
The calculation of the Repurchase Percentage for each Loan will be at Seller’s sole discretion, based on Book Value and/or Seller’s internal valuation methodology which takes into consideration factors such as the type and performance of a Loan (e.g., performing commercial real estate mortgage loan, non-performing consumer loan, etc).
Each Offer to Repurchase Notice shall (A) describe the applicable Offer to Repurchase Event, including, without limitation, the calculation of the Offer to Repurchase Pro Rata Portion, the Offer to Repurchase Percentage and the Offer to Repurchase Price and (B) state the maximum Offer to Repurchase Price to be paid to such Holder on such Offer to Repurchase Date.
The Company covenants and agrees that it shall not claim a deduction for federal, state or local income tax purposes in connection with the issuance of, the reduction of the Repurchase Percentage (as set forth in Exhibit B) with respect to, or the disposition of, the shares of Restricted A Stock and Restricted B Stock.