Advance Rates definition

Advance Rates shall have the meaning set forth in Section 2.1(a) hereof.

Advance Rates means, collectively, the Receivables Advance Rate and the Inventory Advance Rate.

Advance Rates means the Receivables Advance Rate and the Inventory Advance Rates.

Examples of Advance Rates in a sentence

• Each Borrower consents to any such increases or decreases and acknowledges that decreasing the Advance Rates or increasing or imposing reserves may limit or restrict Advances requested by Borrowing Agent.

• The Advance Rates may be increased or decreased by Agent at any time and from time to time in the exercise of its Permitted Discretion.

• For the avoidance of doubt, all calculations of value pursuant to this Section 5.12(b)(ii)(E) shall be determined without application of the Advance Rates.

• The Advance Rates may be increased or decreased by Agent at any time and from time to time in the exercise of its reasonable discretion.

• Each Borrower consents to any such increases or decreases and acknowledges that decreasing the Advance Rates or increasing the reserves may limit or restrict Advances requested by Borrowing Agent.

More Definitions of Advance Rates

Advance Rates means, collectively, the Accounts Advance Rate and the Inventory Advance Rate.

Advance Rates means, collectively, the Billed Accounts Advance Rate and the Unbilled Accounts Advance Rate.

Advance Rates means the advance rates in respect of Eligible Receivables and Eligible Inventory set forth in Section 2.1(a) hereof.

Advance Rates means, on any date of determination with respect to each Receivable related to the Series 2020-VF1 Notes, the percentage amount based on the Advance Type of such Receivable, as set forth in the table below, subject to amendment by mutual agreement of the Administrative Agent and the Administrator; provided, that

Advance Rates means, on any date of determination with respect to each Receivable related to the Series 2013-VF3 Notes, the percentage amount based on the Advance Type of such Receivable, as set forth in the table below, subject to amendment by mutual agreement of the Administrative Agent and the Administrator; provided, that

Advance Rates means the percentage rates set forth in the definition of “Borrowing Base”, as such percentage rates may be modified pursuant to Section 2.1(b).

Advance Rates. Means the percentage(s) of the Cost of Acceptable Inventory or Net Retail Liquidation Value used to calculate the Borrowing Base.