Payment Percentage

Payment Percentage. Of the principal amount of the Loans to be prepaid.

Payment Percentage. In connection with any Voluntary Prepayment, the Borrower shall notify the Lenders (the "Prepayment Notice") that the Borrower desires to prepay Loans with cash proceeds in an aggregate amount (each, a "Prepayment Amount") specified by the Borrower (which amount shall be not less than $10,000,000, or, in the case of the first Prepayment Notice delivered hereunder, $25,000,000) at a price within a range (the "Range") to be specified by the Borrower equal to a percentage of par (not to exceed... 100%) (the "Payment Percentage") of the principal amount of the Loans to be prepaid. View More

Payment Percentage. Means the ratio determined by dividing (a) the number of shares of the Applicable Class redeemed or otherwise acquired by the Company or in respect of which the Company made a payment of the type described in clause (y) of the definition of Redemption Event, in either case in connection with such Redemption Event, by (b) the aggregate number of shares of the Applicable Class outstanding immediately prior to consummation of the Redemption Event.