Available Receivables definition

Available Receivables means, at any date of determination, an amount equal to 85% of Adjusted Eligible Receivables.
Available Receivables at any date of determination shall be equal to 85% of Adjusted Eligible Accounts Receivable.
Available Receivables means, at any time, a percentage (not to exceed 85%) of the difference of (i) Eligible Receivables minus (ii) a Dilution Reserve, such percentage and such Dilution Reserve to be determined by the Collateral Agent in its Permitted Discretion (taking into consideration actual dilution) upon the completion of collateral review field work to be performed subsequent to the termination of the Effective Date Receivables Financing.

Examples of Available Receivables in a sentence

  • In the event GMAC shall accept such offer, GMAC shall pay for such Receivables by transferring to the Purchaser, in exchange for the Receivables to be purchased, cash and/or Excess Available Receivables with an aggregate principal amount equal to the Removal Balance related to such Randomly Selected Accounts as of the date of removal.

  • Notwithstanding the foregoing, the parties hereto acknowledge and agree that any Liens on Available Receivables (as defined in the Original Security Documents) are being released simultaneously with the effectiveness of this Agreement.

  • The Company agrees to pay to the Administrative Agent, without duplication, the commitment fee in respect of the Available Receivables Financing Commitment as set forth in subsection 3.2.

  • Possible Shortage of Available Receivables for Purchase...............

  • Projected Available Resources during the GEF-6 Period 562 Estimated Funds Available to Support Council or CEO Financing Decisions 15Potential of which Amount Projected to Available be Available Receivables 493Arrears b/ 137 137 Installments past due c/ 27 27 Installments due in FY18 324 324 Installments due in FY19 5 5 IoCs not yet Deposited with the Trustee 55GEF-6 d/ 31 31 Previous Replenishments e/ 24 24 Projected Investment Income - -f/ Note: Totals may not add up accurately due to rounding.


More Definitions of Available Receivables

Available Receivables means, at any time, 85% of Eligible Receivables.
Available Receivables without the written consent of each Lender, or (B) change standards of eligibility from those specified herein in a manner that causes the Borrowing Base to be increased without the written consent of Lenders having aggregate Credit Exposures representing at least 75% of the sum of all Credit Exposures at such time;
Available Receivables means, at any time, a percentage (not to exceed 85%) of the difference of (i) Eligible Receivables minus (ii) a Dilution Reserve, such percentage and such Dilution Reserve to be determined by the Collateral Agent and the Co-Collateral Agent in their sole discretion (taking into consideration actual dilution) upon the completion of collateral review field work to be performed subsequent to the termination of the Effective Date Receivables Financing.
Available Receivables means, as of any Report Date, the excess of the Net Receivables Balance over the Contractual Dilution Balance.
Available Receivables shall equal, as of any Determination Date, the excess of the Net Receivables Balance over the Contractual Dilution Balance.
Available Receivables means, at any time, (i) the sum of (a) 85% of Eligible Receivables (other than Eligible Investment Grade Receivables) plus (b) 90% of Eligible Investment Grade Receivables (in each case, it being understood that Eligible Receivables shall not include any Receivables that have been transferred pursuant to, or that secure, a Permitted Supply Chain Financing) minus (ii) the Dilution Reserve.
Available Receivables means, at any time, (i) 85% of Eligible Receivables (it being understood that Eligible Receivables shall not include any Receivables that have been transferred pursuant to, or that secure, a Permitted Supply Chain Financing) minus (ii) the Dilution Reserve.