Delinquency Ratio. At any time, the ratio (expressed as a percentage) computed as of the Cut-Off Date for the most recently preceding Collection Period by dividing (i) the aggregate Unpaid Balance of all Pool Receivables that are Delinquent Receivables on such Cut-Off Date by (ii) the aggregate Unpaid Balance of Pool Receivables on such Cut-Off Date.
Appears in 7 contracts
Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc)
Delinquency Ratio. At any time, the ratio (expressed as percentage equivalent of a percentage) fraction, computed as of the Cut-Off Date for the most recently next preceding Collection Period by dividing (i) Settlement Period, the numerator of which is the aggregate Unpaid Balance of all Pool Receivables that are Delinquent Receivables on such Cut-Off Date by (ii) and the denominator of which is the aggregate Unpaid Balance of Pool Receivables on such Cut-Off Date.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Georgia Gulf Corp /De/), Receivables Purchase Agreement (Georgia Gulf Corp /De/)
Delinquency Ratio. At any time, the ratio (expressed as a percentage) computed as of the Cut-Off Date for the most recently next preceding Collection Period by dividing (i) the aggregate Unpaid Balance of all Pool Receivables that are Delinquent Receivables on such Cut-Off Date by (ii) the aggregate Unpaid Balance of Pool Receivables on such Cut-Off Date.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Lennox International Inc)
