Available Credit; Paydown. On receipt of each Schedule, CDF will credit Dealer with such amount as CDF may deem advisable up to the remainder of (i) (a) ninety percent (90%) of the net amount of eligible Government Accounts listed on such Schedule plus (b) eighty-five percent (85%) of the net amount of Dealer's eligible Non-Government Accounts listed on such Schedule plus (c) eighty-five percent (85%) of the net amount of eligible Intercompany Lease Receivables (as defined below) listed in such schedule up to a maximum of Four Million Dollars ($4,000,000) (the amount determined by adding ss.
Appears in 4 contracts
Samples: Business Financing Agreement (Eplus Inc), Business Financing Agreement and Agreement for Wholesale Financing (Eplus Inc), Business Financing Agreement and Agreement for Wholesale Financing (Eplus Inc)
