Adjusted Eligible Receivables means the Eligible Receivables, minus the Dilution Reserve.
Adjusted Eligible Receivables means, on any Business Day, the result, in each case as reflected in the Daily Report for that Business Day, of (a) the aggregate Unpaid Balance of Eligible Receivables on that day, minus (b) the Unapplied Cash on that day, plus (c) the Aggregate Retained Balances on that day.
Adjusted Eligible Receivables means the aggregate Outstanding Balance of Eligible Receivables less (i) the Cash Discount Exposure Factor; (ii) the Contractual Rebate Accruals; (iii) the aggregate Outstanding Balance of all State Government Receivables in excess of 3% of the aggregate Outstanding Balance of all Receivables; (iv) the aggregate Outstanding Balance of all other Government Receivables in excess of 5% of the aggregate Outstanding Balance of all Receivables; (v) the aggregate Outstanding Balance of all Canadian Receivables in excess of 3% of the aggregate Outstanding Balance of all Receivables; (vi) the aggregate Outstanding Balance of all Foreign Receivables in excess of 3% of the aggregate Outstanding Balance of all Receivables; (vii) the aggregate Outstanding Balance of all Eligible Receivables which by their terms are due 62-91 days after the date of invoice in excess of 15% of the aggregate Outstanding Balance of all Receivables; (viii) the aggregate Outstanding Balance of all Eligible Receivables which by their terms are due 92-121 days after the date of invoice in excess of 3% of the aggregate Outstanding Balance of all Receivables; and (ix) Excluded Government Receivables; provided, however, that either Purchaser may, upon not less than five Business Days’ notice to Seller and the other Purchaser, decrease or eliminate any of the percentages specified in clauses (iii)-(viii) of this definition.
Examples of Adjusted Eligible Receivables in a sentence
In the absence of such instructions, all Collections shall be deemed to relate to, and be received with respect to, Adjusted Eligible Receivables.
The Servicer will allocate, pay or deposit all Collections with respect to the Receivables (all of which Collections, subject to Section 4.09, shall be deemed to relate to, and to be received with respect to, Adjusted Eligible Receivables) for each Business Day as described in this Article IV.
If, at any time, the Servicer has the ability to identify and segregate Collections relating to Receivables other than Adjusted Eligible Receivables, the Servicer shall have the right to withhold or withdraw such Collections from the Collection Account; provided that each Rating Agency confirms in writing that the adoption of such servicing procedures will not result in such Rating Agency reducing or withdrawing its rating on any outstanding Series or the Commercial Paper.
The models presented show good accuracy with reduced computational requirements compared with coupled FE/BE models.
Notwithstanding any other provision of this Agreement, the Retained Receivables retained by Seller under S ection 2.2 shall not be included in Adjusted Eligible Receivables.
More Definitions of Adjusted Eligible Receivables
Adjusted Eligible Receivables means as of any date of determination, the sum of (a) Total Eligible Receivables plus (b) the Receivables owing by an Obligor (i) which if a natural person, is not a resident of an Approved Country or, if a corporation or other business organization, is not organized under the laws of an Approved Country or any political subdivision of an Approved Country or does not have its chief executive office in an Approved Country but (ii) would meet each of the requirements for being an Eligible Receivable other than the requirement contained in clause (a) of the definition of Eligible Receivable.
Adjusted Eligible Receivables means the sum of (a) 100% of the aggregate Outstanding Balance of all Eligible Billed Receivables, plus (b) 100% of the aggregate Outstanding Balance of all Eligible Unbilled Receivables minus (c) the aggregate Outstanding Balance of all Government Receivables in excess of 4.5% of the aggregate Outstanding Balance of all Receivables.
Adjusted Eligible Receivables means, on any Business Day, the result of (a) the aggregate Unpaid Balance of Eligible Receivables, minus (b) the Unapplied Cash, plus (c) the Aggregate Retained Balances, minus (d) the sum of Excess Foreign Obligor Balances, Excess Foreign Currency Receivables, Co-Op Advertising Reserves and Cash Discount Reserves, minus (e) on or after April 1, 2001, all Extended Term Receivables arising on or after such date in each case as reflected in the Daily Report for that day.
Adjusted Eligible Receivables means, for any Borrower, an amount equal to (a) the Eligible Receivables of such Borrower minus (b) the Dilution Reserve of such Borrower.
Adjusted Eligible Receivables shall have the meaning set forth in Schedule 3.3. Notwithstanding any other provision of this Agreement, any Cash Receivables retained by Seller under Section 2.2 shall not be included in Adjusted Eligible Receivables.
Adjusted Eligible Receivables means the book value (to be determined in accordance with GAAP, consistently applied) at the Closing of Sellers’ trade accounts receivable arising from the Business (other than receivables that are Excluded Assets) as reduced by a calculated reserve against accounts receivable, as set forth on S chedule 3.3(b)(iv). Notwithstanding any other provision of this Agreement, the Retained Receivables retained by Seller under S ection 2.2 shall not be included in Adjusted Eligible Receivables.
Adjusted Eligible Receivables means the aggregate Outstanding Balance of Eligible Receivables less (i) the aggregate Outstanding Balance of all State Government Receivables in excess of 10% of the aggregate Outstanding Balance of all Receivables; (ii) the aggregate Outstanding Balance of all other Government Receivables in excess of 5% of the aggregate Outstanding Balance of all Receivables; (iii) the aggregate Outstanding Balance of all Canadian Receivables in excess of 3% of the aggregate Outstanding Balance of all Receivables; (iv) the aggregate Outstanding Balance of all Foreign Receivables in excess of 5% of the aggregate Outstanding Balance of all Receivables; (v) the aggregate Outstanding Balance of all Eligible Receivables which by their terms are due 70-91 days after the date of invoice in excess of 15% of the aggregate Outstanding Balance of all Receivables; (vi) the aggregate Outstanding Balance of all Eligible Receivables which by their terms are due 92-121 days after the date of invoice in excess of 6% of the aggregate Outstanding Balance of all Receivables; (vii) the aggregate Outstanding Balance of all Eligible Receivables which by their terms are due greater than 121 days but less than 180 days after the date of invoice in excess of 3.5% of the aggregate Outstanding Balance of all Receivables; and (viii) the amount by which the FOB Accrual Balance exceeds 5% of the aggregate Outstanding Balance of all Receivables; provided, however, that either Purchaser may, upon not less than five Business Days’ notice to Seller and the other Purchaser, decrease or eliminate any of the percentages specified in clauses (i)-