Lenders Percentage

Lenders Percentage. Shall, as to any Lender equal that percentage which Lender's Commitment bears to the total commitments of $2,000,000.

Lenders Percentage. "Lender's Percentage" means, for each Payment Date, an amount equal to the sum of (A) the product of (w) the quotient of (i) the Outstanding Balance of all Shared Distribution Receivables as of the last day of the immediately preceding Monthly Period, divided by (ii) the Aggregate Outstanding Balance as of the last day of the immediately preceding Monthly Period, multiplied by (x) fifteen percent (15%); and (B) the product of (y) the quotient of (i) the Outstanding Balance as of the last day of... the immediately preceding Monthly Period of all Receivables sold to Borrower beginning on July 1, 2004 divided by (ii) the Aggregate Outstanding Balance as of the last day of the immediately preceding Monthly Period, multiplied by (z) eight and one half percent (8.5%). View More