Examples of Accounts Advance Rate in a sentence
The Credit Card Accounts Advance Rate of the Acceptable Credit Card Accounts up to a maximum of Two Million Two Hundred Thousand Dollars ($2,200,000.00).
In the event Lender determines that Borrower's Dilution (as defined below) at any time exceeds the Maximum Dilution Percentage set forth on Schedule A, Lender may, upon notice to Borrower, reduce the Eligible Accounts Advance Rate to such lesser amount as Lender determines in its sole credit judgment.
Section 1.1 Revolving Credit Facility Credit Limit: $4,000,000 Eligible Accounts Advance Rate: 90% Eligible Pre-Billed Accounts Advance Rate: 25% Eligible Pre-Billed Accounts Sublimit: Least of the following (i) $400,000; (ii) 150% of the net orderly liquidation value of Borrower's Inventory, as determined by any appraisal conducted pursuant to Section 7.12 of this Agreement; or (iii) 15% of the aggregate amount of all Eligible Accounts.
Dr Mahmud advised on the difficulty he had incurred in trying to get figures from the PCT.
As to each of the DSD Division and the Brand Division respectively, 85%; provided, as to each Accounts Advance Rate, that if Dilution exceeds 3%, Lender may, at its option (A) reduce such advance rate by the number of full or partial percentage points comprising such excess or (B) establish a Reserve on account of such excess (the “Dilution Reserve”).