Accounts Component definition

Accounts Component means, as of any date of determination, an amount equal to the sum of (a) 50% of the amount of the Net Book Value of Borrower's and the other Loan Parties' Domestic Accounts as of such date, plus (b) the lesser of (x) 50% of the amount of the Net Book Value of Borrower's and the other Loan Parties' Approved Foreign Accounts as of such date and (y) $15,000,000."
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Accounts Component means an amount up to sixty percent (60%) of Eligible Accounts from Accounts that are not included in the calculation of the Subscription Revenue Component, increasing to eighty percent (80%) of such Eligible Accounts upon completion of a Collateral audit with results acceptable to Bank, which audit shall include at least three (3) months of accounts receivable analysis of Accounts owing by Target Corporation or its Affiliates.
Sample 1
Accounts Component means, as of any date of determination, an amount equal to the sum of (a) 50% of the amount of the Net Book Value of Borrower's and the other Loan Parties' Domestic Accounts as of such date, plus (b) 50% of the amount of the Net Book Value of Borrower's and the other Loan Parties' Approved Foreign Accounts as of such date, plus (c) the lesser of (x) 50% of the amount of the Net Book Value of Borrower's and the other Loan Parties' Canadian Accounts as of such date and (y) $250,000.
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Examples of Accounts Component in a sentence

  • If such field examination is not completed by the Post-Closing Field Exam Deadline, then the Deemed Borrowing Base Accounts Component shall be zero until such field examination is completed.

  • To the extent that at any time of determination the Aggregate Revolver Outstandings exceeds the amount of the Eligible Accounts Component at such time (as determined by the Agent), then such excess shall bear interest at a fluctuating rate per annum equal to the otherwise applicable rate of interest set forth in clauses (i) and (ii) of the preceding sentence, plus 0.50%.

  • Account ComponentThese costs are incurred at the same level regardless of the type of land use, amount of flow, or the wastewater strength; therefore, the Accounts Component is based on the number of annual accounts/bills.

  • Next, we talk about the Students Profiles Component.• Students Profiles Component is the software component that is responsible for stor- ing all students’ information, including their identity and results over time through the held exams.• The teachers’ Accounts Component is the same as the Students’ Profiles Compo- nent except that we only store teachers’ identities, also we give them the authority to initiate exams filled with written questions.

  • Eligible Accounts Component - as of any date of determination, the amount of the Borrowing Base attributable to Eligible Accounts, after taking into account any Availability Reserves applicable thereto, as each of the foregoing is determined by Agent.

  • Accounts Component shall mean 80% of the Eligible Accounts of the Dollar Borrowers and their Subsidiaries.

  • Equals: Secured Foreign Accounts Component of Borrowing Base ======== $ 16.

  • Borrowing Base shall mean (a) the Accounts Component plus (b) the Inventory Component; provided, however, that no Property of any Subsidiary organized outside the United States shall be included in the calculation of the Borrowing Base unless such Subsidiary is a Qualified Foreign Subsidiary.


More Definitions of Accounts Component

Accounts Component means, as of any date of determination, the amount of the component of the Borrowing Base determined pursuant to Section 2.1(a)(x).
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Related to Accounts Component

  • Class A-S Component The Component having such designation.

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Activated reserve components means members of the reserve component of the uniformed services who have received a notice of intent to deploy or mobilize under Title 10 of the United States Code, Title 32 of the United States Code, or state mobilization to active duty.

  • Concentration Percentage means (i) for any Group A Obligor, 10.00%, (ii) for any Group B Obligor, 8.00%, (iii) for any Group C Obligor, 6.00% and (iv) for any Group D Obligor, 4.00%.

  • Available Revenues means all monies on deposit from time to time (including investment earnings thereon) in (a) the PILOTS Account; and (b) subject to annual appropriation, the EATS Account that have been appropriated to the repayment of TIF Notes, excluding (i) any amount paid under protest until the protest is withdrawn or resolved against the taxpayer or (ii) any sum received by the City which is the subject of a suit or other claim communicated to the City which suit or claim challenges the collection of such sum.

  • Excess Concentration Amount means, as of any date of determination on which any one or more of the Concentration Limitations are exceeded, an amount (calculated by the Servicer and without duplication) equal to the Dollar Equivalent of the portion of the Adjusted Principal Balance of each Eligible Collateral Loan that causes such Concentration Limitation to be exceeded.

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.

  • Class D Component The Component having such designation.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Excess Concentration means, without duplication, the sum of the following amounts:

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 28.00% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the immediately preceding Cut-Off Date.

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • Applicable Collateral Percentage with respect to any Firm Collateral or Special Firm Collateral, has the meaning set forth in the books and records of the Partnership with respect thereto.

  • Class E Component The Component having such designation.

  • Accrual Components As specified in the Preliminary Statement.

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Class B Component The Component having such designation.

  • Class C Component The Component having such designation.

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • Class A-4 Component The Component having such designation.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Concentration Reserve Percentage means, at any time of determination, the largest of: (a) the sum of the five (5) largest Obligor Percentages of the Group D Obligors, (b) the sum of the three (3) largest Obligor Percentages of the Group C Obligors, (c) the sum of the two (2) largest Obligor Percentages of the Group B Obligors and (d) the largest Obligor Percentage of the Group A Obligors.

  • Cash Component means the difference between the aggregate Net Asset Value of the Units comprising an Application Unit and the Application Basket Value.

  • Basket Componenti means the respective share as specified in § 1 of the Product and Underlying Data.

  • Group II Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Group I Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group I Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.