Cross-Aged Receivable definition
Cross-Aged Receivable means any Receivable of an Obligor if at least 50% of the aggregate Outstanding Balances of all Receivables of such Obligor are attributable to Defaulted Receivables.
Cross-Aged Receivable means any Receivable of an Obligor if at least 50% of the aggregate Outstanding Balances of all Receivables of such Obligor are attributable to Defaulted Receivables. Debt means, with respect to any Person, the aggregate principal amount of all obligations that, in accordance with GAAP consistently applied and without duplication, would be classified as debt on its Consolidated balance sheet; provided, however, that with respect to the Company, “Debt” excludes obligations to the extent that such obligations are cash collateralized.