Expense Percentage definition

Expense Percentage means, with respect to each calendar month during the term of the Notes, the percentage equal to (i) the percentage basis points representing the Primary Servicing Fees, Auction Agent Fees and Broker-Dealer Fees payable during that month plus (ii) (a) the Administration Fees payable during the Collection Period in which that month occurs times 4 divided by (b) the total principal balance of the Notes outstanding, as of the immediately preceding Distribution Date (minus any funds on deposit in the Future Distribution Account allocated to principal on any Auction Rate Notes but not yet payable).
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Expense Percentage the fees payable to the Administrator, the Servicer, the Broker-Dealers and the Auction Agent as a percentage of the total principal balance of the Notes outstanding.
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Expense Percentage means the quotient obtained by dividing (A) the Expense Cash by (B) the sum of Total Merger Consideration and the Aggregate Exercise Price.
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Examples of Expense Percentage in a sentence

  • Lagoon Monitoring RFP 22 November 2004 i m Project Name: Pajaro River Lagoon Monitoring Project Number: Proposal Number: 4284 Date: November 22,2004 58 638 Subcontractual Services Xxx Xxxxx (Fisheries Ecologist) 100.00 I 1.800 Administrative Expense Percentage: 10% $ 180 Subtotal 1.980 I PROJECT BUDGET I I.

  • Depreciation and Interest Expense Percentage shall be the percentage of the Contractor’s total operating expenses that are related to depreciation and interest expenses.

  • The Non-Union Salaries and Wages Expense Percentage used to calculate each annual adjustment shall be established each year based on the actual percentages of those expense items as reported in the Contractor’s prior year audited Financial Statement.

  • All Other Expense Percentage shall be the percentage of the Contractor’s total operating expenses that are related to expenses for all other operating categories not otherwise addressed in this Exhibit 4.

  • Diesel Fuel Expense Percentage shall be the percentage of the Contractor’s total operating expenses that are related to diesel fuel expenses.

  • The Operating Expense Percentage for each Condominium is set forth on Exhibit F hereto, which is incorporated herein.

  • The proportionate share of Operating Expenses to be paid by Tenant shall be a percentage of the Operating Expenses based upon the proportion that the square footage of the Demised Premises bears to the total square footage of the Building (such figure referred to as "Tenant's Operating Expense Percentage" and set forth in Section 1(j)).

  • For example, a general increase in such taxes would be allocated to all Condominiums based on each Condominium Sublessee’s Operating Expense Percentage, while the sale by a Condominium Sublessee of the Condominium Sublessee’s Condominium, which results in an increase in such taxes due to reassessment would b paid by the transferee of that Condominium Sublessee.

  • For the sake of clarity, the parties acknowledge that if the Gross Expense Percentage from any Operating Year is 89% or higher, Manager shall not be entitled to any Incentive Fee for such year.

  • By way of example only, if in the Operating Year 2019, which is ten months, Revenue is $1,000,000 (not including income from the sale of Commercial Rights) and Operating Expenses (not including depreciation expense, management fees, property taxes or property insurance premiums) are $823,000, the Gross Expense Percentage would be $823,000 / $1,000,000 = 82.3%, which would be rounded down to 82%, resulting in an Incentive Fee for such year of $58,333.33 [$70,000 x 10/12ths].


More Definitions of Expense Percentage

Expense Percentage means the applicable percentage set forth in the Closing Spreadsheet.
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Expense Percentage means, with respect to each Seller appearing in Annex 2.1(u), the percentage set across from such Seller’s name in such Annex.
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Expense Percentage means the quotient obtained by dividing (i) the Expense Fund by (ii) the Total Converting Holders Consideration.
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Expense Percentage means the actual expenses incurred by NFS, the Company, any business unit, or department during the Performance Period divided by the expenses anticipated in the operating plan of NFS, the Company, such business unit or such department, respectively, as approved by the Board for the Performance Period.
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Expense Percentage means the percentage for the Policies and the Non-MP Policies set forth in Exhibit D to the Agreement. The Company shall adjust the Expense Percentage for any Arrangement Quarter for which the percentage of the Quoted Premium used to calculate the MP Premium has been changed pursuant to section 5 of the Agreement. The Company shall notify the Employer of an adjustment to the Expense Percentage at the same time that it provides the notice required under section 5 of the Agreement.
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Related to Expense Percentage

  • Allocable Percentage means, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency, bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

  • Purchase Percentage means, with respect to any Purchased Asset, the applicable Maximum Purchase Percentage specified in Schedule 1 (or as otherwise specified in the applicable Confirmation), as adjusted in accordance with Schedule 1 (or as otherwise specified in the applicable Confirmation).

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • controlling percentage means the ownership of, and the right to vote, stocks or interests possessing at least fifty percent (50%) of the total combined voting power of the limited liability company or, in the case of a corporation, of all classes of Tenant's stock issues, outstanding and permitted to vote for the election of directors of the corporation;

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • 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.

  • Proportionate Percentage means the percentage that expresses the ratio of (x) the number of issued and outstanding shares of capital stock of the Company (on an as converted basis) then owned of record by such stockholder over (y) the aggregate number of outstanding shares of capital stock of the Company (on an as converted basis).

  • 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%.

  • Uptime Percentage means Uptime expressed as a percentage, calculated in accordance with the following formula:

  • CAM Percentage means, as to each Lender, a fraction, expressed as a decimal, of which (a) the numerator shall be the aggregate Dollar Equivalent of the Designated Obligations owed to such Lender (whether or not at the time due and payable) immediately prior to the CAM Exchange Date and (b) the denominator shall be the aggregate Dollar Equivalent amount of the Designated Obligations owed to all the Lenders (whether or not at the time due and payable) immediately prior to the CAM Exchange Date.

  • Pro Rata Share As to any Distribution Date, the Subordinated Principal Distribution Amount and any Class of Subordinated Certificates, the portion of the Subordinated Principal Distribution Amount allocable to such Class, equal to the product of the Subordinated Principal Distribution Amount on such Distribution Date and a fraction, the numerator of which is the related Class Certificate Balance thereof and the denominator of which is the aggregate of the Class Certificate Balances of the Subordinated Certificates.

  • Sharing Percentage means, with respect to any Partner and any Portfolio Investment, a fraction, expressed as a percentage: the numerator of which is the aggregate amount of Capital Contributions made by such Partner and used to fund the cost of such Portfolio Investment; and the denominator of which is the aggregate amount of Capital Contributions made by all Partners and used to fund the cost of such Portfolio Investment.

  • Applicable L/C Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 3.08(a) hereof as set forth in the Pricing Schedule.

  • Strike Percentage means 100%

  • Cash Percentage shall have the meaning specified in Section 14.02(a)(iii).

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Funding Percentage means with respect to any Payment Date, the percentage derived from the fraction the numerator of which is the Pre-Funded Amount and the denominator of which is the sum of the aggregate Principal Balance of Receivables transferred to the Trust and the Pre-Funded Amount, in each case, as of the last day of the related Collection Period.

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Requisite Percentage shall have the meaning set forth in Section 23(c)(i) hereof.

  • Class C Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class C Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

  • Non-PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is the Required Coupon. As to any Non-Discount Mortgage Loan, 100%.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Target Percentage means those percentages assigned to Participants pursuant to Section 3.2 hereof.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.