Noteholders Percentage

Noteholders Percentage. Shall mean an amount equal to 98.25% less the product of (i) 2, and (ii) the amount, if any, by which the Target Net Yield exceeds the Net Yield as of the most recent Determination Date; provided, however, with respect to any Settlement Period during which at no time was the Net Investment greater than zero, the Noteholder's Percentage as of the Determination Date immediately following such Settlement period... shall equal 98.25%. The Noteholder's Percentage shall initially equal 98.25%. View More