“ECF Percentage” has the meaning specified in [Section 2.05(2)(a)].

“Applicable ECF Percentage” means 50%; provided that, commencing with the fiscal year ending December 31, 2021, if the Net Leverage Ratio does not exceed # 3.75 to 1.00 or # 3.00 to 1.00 for each fiscal year thereafter, the Applicable ECF Percentage shall be 25% or 0%, respectively, with respect to such fiscal year.

“Retained Percentage” means, with respect to any Excess Cash Flow Period, # 100% minus # the ECF Percentage with respect to such Excess Cash Flow Period.

Aggregate Payout Percentage. An aggregate payout factor (the “Aggregate Payout Percentage”) will be calculated based upon the funding schedule as approved by the Leadership Development and Compensation Committee.

Community Jobs Percentage. At the end of each 12-month period during the Goal Period (each a “Goal Year”), the number of full-time jobs at the Project shall be calculated and shall be divided by the applicable Community Jobs Goal and converted to a percentage to determine the “Community Jobs Percentage.”

Notwithstanding the foregoing, in no event shall the LIBOR Rate be less than 1.0%.

For purposes of this Section A, the following definitions and rules apply:

Charged-Off Percentage. As of the end of any calendar month, beginning with the third calendar month after the Closing Date, the three-month rolling average Charged-Off Percentage for the most recently completed three (3) calendar month period (including such calendar month) shall not be greater than five and one-quarter percent (5.25%).

Percentage Interest Adjustments. In the event that the Partnership issues additional Partnership Interests (including additional classes of Partnership Interests, (but excluding OP Units issued upon the redemption of Preferred Units), the General Partner shall allocate to such additional Partnership Interests a Percentage Interest in the Partnership equal to a fraction, the numerator of which is equal to either # such amount as may be fixed by agreement between the General Partner, in the General Partner’s sole discretion, and the Contributing ACTIVE/98509230.8

“LIBOR Rate Loan” shall mean Loans the rate of interest applicable to which is based on the LIBOR Rate.