BAD DEBT ALLOWANCE. The Borrower shall at all times maintain a balance sheet allowance for bad debt of the Parent and its Subsidiaries, including the Borrower, of at least 7% of Gross Lease Installments.
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Samples: Revolving Credit Agreement (Microfinancial Inc), Revolving Credit Agreement (Microfinancial Inc)
BAD DEBT ALLOWANCE. The Borrower shall at all times maintain a balance sheet an allowance for bad debt of the Parent and its Subsidiaries, including the Borrower, of at least 7lease 5% of Gross Lease Installments.
Appears in 1 contract
Samples: Revolving Credit Agreement (Boyle Leasing Technologies Inc)
BAD DEBT ALLOWANCE. The Borrower shall at all times maintain a balance sheet an allowance for bad debt of the Parent and its Subsidiaries, including the Borrower, of at least 7% of Gross Lease Installments.
Appears in 1 contract
BAD DEBT ALLOWANCE. The Borrower shall at all times maintain a balance sheet allowance for bad debt of the Parent and its Subsidiaries, including the Borrower, of at least 79% of Gross Lease Installments.
Appears in 1 contract
