Junior Participation Applicable Spread

Example Definitions of "Junior Participation Applicable Spread"
Junior Participation Applicable Spread. Shall mean 5% plus one-half of the difference between the Applicable Spread (as defined in the Loan Agreement) and 5%. For example purposes only, if the Applicable Spread is 6.2%, then the Junior Participation Applicable Spread shall equal 5.6% [5% + 1/2(6.2%-5%).
Found in Winthrop Realty Liquidating Trust contract
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