Average Accounts definition

Average Accounts means the average number of active accounts for the three full calendar months immediately preceding the month in which BNYM reasonably anticipates that the date of the Early termination will occur.

Examples of Average Accounts in a sentence

  • Gross Average Accounts ReceivableGAAR is the average accounts receivable from credit cards, personal loans, and lines of credit, before allowances for expected credit losses.

  • As of any fiscal quarter end, permit the ratio of (a) the sum of (i) the Average Total Funded Indebtedness for the period of twelve (12) consecutive months ending on or immediately prior to such date plus (ii) the Average Accounts Securitization Proceeds for the period of twelve (12) consecutive months ending on or immediately prior to such date to (b) EBITDA for the period of twelve (12) consecutive months ending on or immediately prior to such date to be greater than or equal to 3.0 to 1.0.

  • Gross Average Accounts ReceivableGAAR is the average accounts receivable from credit cards, personal loans and lines of credit, before allowances for expected credit losses.

  • Each Credit Party has filed all material tax returns required to have been filed and has paid all material Taxes shown to be due and payable on such returns and all other material Taxes which are payable by such party, to the extent the same have become due and payable.

  • Interest credited to the Portfolio Average Accounts will be earned and compounded daily at a rate determined by us.

  • Accordingly, the four-year statute of limitations had not run on the Clark Defendants’ breach of contract counterclaim when they filed the claim on November 17, 2016, and Ms. Sokol’s motion for summary judgment on the breach of contract counterclaim against her based on the statute of limitations having expired shall be denied.

  • Net accounts receivable registered a 32% growth, leading to a 19-day increase in the Average Accounts Receivable Term.

  • Inventory1091167%6Trade Receivables Net Credit Sales Average Accounts Turnover Ratio Receivable4.174.13 1%7Trade Payables Turnover Total Purchases Average Accounts Payable Ratio829110%8Net Working Capital Net Annual Sales Working Capital Turnover Ratio3.303.0010%9Net Profit Ratio Net Profit after Tax Net Sales8.26%7.74%7%10Return on Capital Operating Profit Average Capital Employed Employed15.21%16.15%6%11Return on Investment Income generated from Average Investment FundsInvested funds4.11%5.58%26%67.

  • Average Accounts Receivable =Opening (debtors + bills receivable) + Closing (debtors + bills receivable)11.

  • The accounts payable turnover ratio is computed as follows: Cost of Goods Sold ÷ Average Accounts Payable.

Related to Average Accounts

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Collection Accounts As defined in Section 3.10(a).

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • Brokerage Account means any account with a broker, dealer or bank that may hold securities.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 2.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Principal Account(s means deposit accounts of the Fund or a Portfolio carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Investment Account As defined in Section 3.12(a).

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Income Account Distribution Date means the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

  • Eligible Unbilled Accounts means Accounts of the Obligors that does not qualify as an Eligible Account solely because (a) the goods giving rise to such Account have not been shipped and billed to the Account Debtor, or (b) the services giving rise to such Account have not been performed and billed to the Account Debtor and, in either case, so long as such Accounts have not been unbilled for more than thirty (30) days. For the avoidance of doubt, at such time as an Account is billed to the Account Debtor it shall no longer be an “Eligible Unbilled Account”.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class C( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;