Common use of Delinquency Ratio Clause in Contracts

Delinquency Ratio. At any time, a percentage equal to (i) the aggregate Outstanding Balance of all Receivables that were Delinquent Receivables at such time divided by (ii) the aggregate Outstanding Balance of all Receivables at such time.

Appears in 4 contracts

Samples: Credit and Security Agreement (Allied Waste Industries Inc), Credit and Security Agreement (Louisiana Pacific Corp), Credit and Security Agreement (Bell Microproducts Inc)

AutoNDA by SimpleDocs

Delinquency Ratio. At any time, a percentage equal to (ia) the aggregate Outstanding Balance of all Receivables (other than Excluded Receivables) that were Delinquent Receivables at such time divided by (iib) the aggregate Outstanding Balance of all Receivables (other than Excluded Receivables) at such time.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Arch Chemicals Inc), Receivables Purchase Agreement (Arch Chemicals Inc)

AutoNDA by SimpleDocs

Delinquency Ratio. At any time, a percentage equal to (i) the aggregate Outstanding Balance of all Receivables (other than Excluded Receivables) that were Delinquent Receivables at such time divided by (ii) the aggregate Outstanding Balance of all Receivables (other than Excluded Receivables) at such time.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Arch Chemicals Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!