Seller Percentage definition

Seller Percentage means, on any date of determination, when used with ----------------- respect to Principal Collections, Finance Charge Collections and Receivables in Defaulted Accounts, the percentage equivalent of a fraction equal to 1.0, minus ----- the fraction calculated on such date with respect to such categories of Receivables in accordance with the definition of Aggregate Allocation Percentage; provided, however, that the Seller Percentage shall never be less -------- ------- than zero.

Seller Percentage means, on any date of determination, with respect to any specified category, an amount equal to 100% of such category minus the applicable Aggregate Investor Percentage.

Seller Percentage means the applicable percentage of Finance Charge Collections, Principal Collections and charge-offs to be allocated to the Seller Interest, which will equal in each case 100% minus the sum of all the Class Percentages for that type of collections or charge-offs.

Examples of Seller Percentage in a sentence

• No Work-out Fee shall be payable to the Special Servicer if any related mezzanine lender purchases the Mortgage Loan pursuant to the related mezzanine intercreditor agreement or similar agreement or any Loan Seller repurchases its Loan Seller Percentage Interest in the Trust Loan or makes a Loss of Value Payment pursuant to the related Trust Loan Purchase Agreement.

• The Series Share of each Series that specifies a Minimum Seller Percentage of zero shall be allocated to such series.

• On and after the date of such repurchase, Receivables so purchased shall not be included in the calculation of any Series Percentage, the Seller Percentage or the Seller Interest.

• In order to ensure that the environmental approval process was as transparent as possible from the beginning, the decision was made to re-submit the adjusted Project to the SEIA.

• Throughout the --------------------------------------------------- existence of the Trust, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, allocate to the Holder of the Exchangeable Seller Certificate an amount equal to the product of (A) the Seller Percentage for the current Monthly Period and (B) the aggregate amount of such Collections allocated to Principal Receivables and Finance Charge Receivables, respectively.

More Definitions of Seller Percentage

Seller Percentage means, with respect to each Seller, the percentage set forth on Schedule 5.6(a)(i).

Seller Percentage means, with respect to a Seller, the percentage set forth in the “Seller Percentage” column with respect to such Seller on Schedule A.

Seller Percentage means the percentage set forth next to each Seller's signature to this Master Trust Agreement which each Seller agrees and acknowledges represents the applicable portion that the value of the Purchased Receivables transferred by such Seller to the Trustee on the Initial Closing Date constitutes of the aggregate value of all of the Purchased Receivables transferred by all of the Sellers to the Trustee on such date. "SELLERS' REPRESENTATIVE" shall have the meaning specified in SECTION 3.5.

Seller Percentage of any Seller means the percentage listed on Schedule 2(a) opposite such Seller’s name.

Seller Percentage means a percentage equal to 100% minus the aggregate investor percentages and, if applicable, the percentage interest of credit enhancement providers, for all series issued by master trust II that are then outstanding.

Seller Percentage means 88.95%;

Seller Percentage means, as to each Seller, a percentage equal to (i) the number of shares of capital stock of Holdco owned by such Seller as of the date of this Agreement, divided by the total number of shares of capital stock of Holdco issued and outstanding as of the date of this Agreement. For clarification purposes, the “Seller Percentage” of each Seller is listed on Schedule 1.1.