Customer Concentration. Borrower Representative shall provide prompt written notice if the Accounts of any customer exceed in the aggregate an amount equal to twenty (20%) percent of the aggregate of all Accounts of Borrowers at any time.
Customer Concentration. Borrower shall provide prompt written notice if any customer which was one of Borrower’s and its Subsidiaries’ largest five (5) customers on a consolidated basis in terms of revenue in the prior Fiscal Year gives notice that it intends to cancel its contract or significantly reduce its usage of services (or Borrower has reason to believe that such usage will be so reduced) if as a result thereof such customer could reasonably be expected to cease to be one of Borrower’s and its Subsidiaries’ largest ten (10) customers on a consolidated basis in the then current Fiscal Year.
Customer Concentration. Except for Persons set forth on Exhibit C, no single Person shall be the Permitted User for more than twenty percent (20%) of the Equipment leased under all Leases hereunder. This test shall be applied on a quarterly basis and shall not apply until the original Lessor’s Cost of all Schedules entered to in accordance with this Master Lease exceeds Twenty Million Dollars ($20,000,000). Each person set forth on Exhibit C shall have publicly available financial information and none shall account for more than Thirty-Five Million Dollars ($35,000,000) in Equipment leased under this Agreement.
Customer Concentration. Borrower shall provide prompt written notice if the Accounts of any customer (other than Loblaws and Shopper’s Drugmart and Investment Grade Account Debtors) exceed in the aggregate an amount equal to ten percent of the aggregate of all Accounts of the Credit Parties at any time.
Customer Concentration. General Cofina sets limits on loan concentrations with individual credit risks. This concentration is measured against the existing risk funds. Risk Funds are defined as the capital plus allowance for loan loss. Guidelines Cofina will limit its loan exposure to no more than 25% of its Risk Funds in any single credit exposure. Such exposure will include all commitments to that customer and may include guarantees from that customer to other customers or commitments to another customer in which the first customer owns 50% or more of the second customer. Cofina will limit its loan exposure, further, as a customer migrates toward a criticized asset with no more than 15% of its Risk Funds in a single credit exposure classified as Other Assets Especially Mentioned or Substandard. The maximum loan amounts Cofina will originate before participation is required are as follows: Customer Rating A1: $ 10,000,000 Customer Rating A2: $ 8,000,000 Customer Rating A3 or below: $ 6,000,000 Cofina will secure participation relationships to carry the balance of loans in excess of these amounts. Such participation agreements will be put in place no later than 90-days beyond the loan origination date. Cofina will serve as the servicer of the loans and maintain the relationship with that customer. Loans in Minnesota and Wisconsin will be limited to no more than 45% of loan volume. All other states will be limited to 35% of total loan volume. New loan relationships to be established outside of Cofina’s current trade territory will be limited to no more than 15% of Risk Funds during the first two years of Cofina’s operation under the SPC agreement and no more than 35% of Risk Funds thereafter. All new loan relationships will be limited to accounts with evidence of exceptional performance.
Customer Concentration. Risks that a pullback on orders from an anchor customer could be detrimental to New Berkshire Grey’s growth forecast, as a sizeable portion of Berkshire Grey’s current revenue projections stems from Berkshire Grey’s anchor customers.
