Examples of Credit Card Advance Rate in a sentence
The face amount of Eligible Credit Card Receivables multiplied by the Credit Card Advance Rate.
The Agents, the Lenders and the Loan Parties acknowledge that: The Accounts (including Private Label Receivables other than Ineligible Private Label Receivables) of the Xxxxxxx Group acquired by the Borrower shall be deemed Eligible Credit Card Receivables (to the extent all of the other criteria of the definition of Eligible Credit Card Receivables are satisfied) and the advance rate therefor shall be the Credit Card Advance Rate.
Companies PLUS (c) The face amount of Eligible Credit Card Receivables multiplied by the Credit Card Advance Rate.
The lesser of (a) face amount of Eligible Credit Card Receivables multiplied by the Credit Card Advance Rate, or (b) $500,000.00.
The Credit Card Advance Rate of the face amount of Eligible Credit Card Receivables.