Reduction of the Special Financing Commission. As soon as the Holdback Reserve will be at least equal to the minimum threshold amount specified in Clause 8.4.2, and as long as it will remain at least the same, the Holdback Reserve will be remunerated by an amount equal to one hundred per cent (100%) of the Special Financing Commission rate. Once calculated, such amount will be deducted from the Special Financing Commission to be paid by the relevant French Seller in accordance with Clause 9.2 for the relevant month.
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Samples: Factoring Agreement, Factoring Agreement (Constellium Holdco B.V.), Factoring Agreement (Constellium Holdco B.V.)
Reduction of the Special Financing Commission. As soon as the Holdback Reserve will be at least equal to the minimum threshold amount specified in Clause 8.4.2, and as long as it will remain at least the same, the Holdback Reserve will be remunerated by an amount equal to one hundred per cent (100%) of the Special Financing Commission rate. Once calculated, such amount will be deducted from the Special Financing Commission to be paid by the relevant French Seller in accordance with Clause 9.2 for the relevant monthmonth (subject to Clause 9.2.4 in respect of the Off BS Receivables).
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