Aggregate Receivables Amount definition

Aggregate Receivables Amount means, with respect to any date of determination, (i) the aggregate Principal Amount of all Eligible Receivables in the Trust at the end of the Business Day immediately preceding such date minus (ii) the Aggregate Overconcentration Amount for such date.

Aggregate Receivables Amount means, on any date of determination, without duplication, the aggregate Principal Amount of all Pool Receivables which are Eligible Receivables owned by the Company at the end of the Business Day immediately preceding such date minus (i) the Aggregate Obligor Overconcentration Amount minus (ii) the Aggregate Obligor Country Overconcentration Amount minus (iii) the Aggregate Revenue Recognition Overconcentration Amount minus (iv) the Aggregate Delinquent Receivable Overconcentration Amount.

Aggregate Receivables Amount means, on any date of determination, without duplication, the aggregate Principal Amount of all Pool Receivables which are Eligible Receivables owned by the Company at the end of the Business Day immediately preceding such date minus (i) the Aggregate Obligor Overconcentration Amount minus (ii) the Aggregate Obligor Country Overconcentration Amount.

Examples of Aggregate Receivables Amount in a sentence

• Each Receivable acquired by the Company that is included in the calculation of the Aggregate Receivables Amount is an Eligible Receivable and, in the case of Receivables acquired by the Company after the Initial Borrowing Date, on the related Receivables Contribution Date, each such Receivable that is included in the calculation of the Aggregate Receivables Amount on such Receivables Contribution Date is an Eligible Receivable.

• Each Local Servicer shall be entitled to receive a percentage of the remaining Servicing Fee in an amount equal to the percentage obtained by dividing the aggregate Principal Amount of Eligible Receivables sold by such Local Servicer to the Contributor by the Aggregate Receivables Amount.

• On the Effective Date, each Receivable transferred to the Trust that is included in the calculation of the initial Aggregate Receivables Amount is an Eligible Receivable and, in the case of Receivables transferred to the Trust after the Effective Date, on the date such Receivable shall have been transferred to the Trust, each such Receivable that is included in the calculation of the Aggregate Receivables Amount on such date is an Eligible Receivable.

• Each Local Servicer shall be entitled to receive a percentage of the remaining Servicing Fee in an amount equal to the percentage obtained by dividing the aggregate Principal Amount of Eligible Receivables conveyed by such Local Servicer to the Contributor or the Company, as the case may be, by the Aggregate Receivables Amount.

• The Servicer has determined that, immediately after giving effect to each transfer to the Trust under the Pooling Agreement, the Aggregate Receivables Amount is at least equal to the Aggregate Target Receivables Amount.

More Definitions of Aggregate Receivables Amount

Aggregate Receivables Amount means, on any date of determination, without duplication, the aggregate Principal Amount of all Pool Receivables which are Eligible Receivables owned by the Company at the end of the Business Day immediately preceding such date minus (i) the Aggregate Obligor Overconcentration Amount; minus (ii) the Aggregate Obligor Country Overconcentration Amount; minus (iii) the Aggregate Originator Country Overconcentration Amount; minus (iv) an amount equal to Timely Payment Accruals and Commission Accruals; minus (v) an amount equal to the Volume Rebate Accrual; minus (vi) the Potential Offset Amount; minus (viii) the Exchange Rate Protection Amount.

Aggregate Receivables Amount means, on any date of determination, without duplication, the aggregate Principal Amount of all Eligible Receivables owned by the Company at the end of the Business Day immediately preceding such date minus (i) the Aggregate Obligor Overconcentration Amount; (ii) the Aggregate Obligor Country Overconcentration Amount; (iii) the Aggregate Originator Country Overconcentration Amount; (iv) an amount equal to Timely Payment Accruals and Commission Accruals; (v) an amount equal to the Volume Rebate Accrual; (vi) the Potential Offset Amount; and (vii) the Belgian Collection Adjustment Amount.

Aggregate Receivables Amount means, on any date of determination, the aggregate Principal Amount of all Eligible Receivables owned by the Company at the end of the Business Day immediately preceding such date minus (i) the Aggregate Obligor Overconcentration Amount; (ii) the Aggregate Obligor Country Overconcentration Amount; (iii) an amount equal to Timely Payment Discounts and Commission Accruals; (iv) an amount equal to the Volume Rebate Accrual; and (v) the Potential Offset Amount.

Aggregate Receivables Amount means, with respect to any date of determination, the aggregate Principal Amount of all Eligible Receivables in the Trust at the end of the Business Day immediately preceding such date less the sum of: (i) the Xxxxxxxxx Xxxxxxxxxxxxxxxxx Xxxxxx; (ii) the aggregate Rebate Reduction Amount; and (iii) the aggregate Dilution Reduction Amount.

Aggregate Receivables Amount means, on any date, the sum of the products of the individual Partnership Vehicle Receivable Percentages on such date and the aggregate amount of Partnership Vehicle Receivables owing by the relevant Manufacturer, Approved Dealer, auction house or other Person on such date;”;

Aggregate Receivables Amount means, with respect to any date of determination, (i) the aggregate Principal Amount of all Eligible Receivables in the Trust at the end of the Business Day immediately preceding such date minus (ii) the Aggregate Overconcentration Amount for such date plus (iii) the Aggregate Uncleared Funds Amount; provided that for purposes of calculating the amounts in (i), (ii) and (iii) above, Canadian Dollar amounts will be converted into U.S. Dollars using the Valuation Price in lieu of the Canadian Exchange Percentage.

Aggregate Receivables Amount means, with respect to any date of determination, (i) the aggregate Principal Amount of all Eligible Receivables in the Trust at the end of the Business Day immediately preceding such date less the Aggregate Overconcentration Amount for such date MINUS (ii) the product of the amount calculated pursuant to the foregoing clause (i) and the PACA Percentage on such date.