Percentage Factor. The Percentage Factor shall be initially ----------------- computed as of the opening of business of the Collection Agent on the date of the initial Incremental Transfer hereunder. Thereafter, until the Termination Date, the Percentage Factor shall be automatically recomputed by the Collection Agent as of the close of business of the Collection Agent on each day (other than a day after the Termination Date). The Percentage Factor shall remain constant from the time as of which any such computation or recomputation is made until the time as of which the next such recomputation, if any, shall be made. The Percentage Factor, as computed as of the day immediately preceding the Termination Date, shall remain constant at all times on and after such Termination Date until the date on which the Net Investment shall become zero.
Appears in 2 contracts
Samples: Transfer and Administration Agreement (Compucom Systems Inc), Transfer and Administration Agreement (Safeguard Scientifics Inc Et Al)
Percentage Factor. The Percentage Factor shall be initially ----------------- computed as of the opening of business of the Collection Agent on the date of the initial Incremental Transfer hereunder. Thereafter, Thereafter until the Termination Date, the Percentage Factor shall be automatically recomputed by the Collection Agent as of the close of business of the Collection Agent on each day (other than a day after the Termination Date). The Percentage Factor shall remain constant from the time as of which any such computation or recomputation is made until the time as of which the next such recomputation, if any, shall be made. The Percentage Factor, as computed as of the day immediately preceding the Termination Date, shall remain constant at all times on and after such Termination Date until the date on which the Net Investment shall become zero.
Appears in 2 contracts
Samples: Transfer and Administration Agreement (Imc Global Inc), Transfer and Administration Agreement (Imc Global Inc)
Percentage Factor. The Percentage Factor shall be initially ----------------- computed as of the opening of business of the Collection Agent on the date of the initial Incremental incremental Transfer hereunder. Thereafter, Thereafter until the Termination Date, the Percentage Factor shall be automatically recomputed by the Collection Agent as of the close of business of the Collection Agent on each day (other than a day after the Termination Date). The Percentage Factor shall remain constant from the time as of which any such computation or recomputation is made until the time as of which the next such recomputation, if any, shall be made. The Percentage Factor, as computed as of the day immediately preceding the Termination Date, shall remain constant at all times on and after such Termination Date until the date on which the Aggregate Net Investment shall become zero.
Appears in 1 contract
Samples: Receivables Transfer Agreement (Georgia Gulf Corp /De/)
