Examples of Debtor Concentration in a sentence
In the case of any Account Debtor which is an Affiliate of any other Account Debtor, the Account Debtor Concentration Limit, the Account Debtor Concentration Overage Amount and the aggregate Unpaid Balance of Pool Receivables of such Account Debtors shall be calculated as if such Account Debtors were one Account Debtor.
Xxxxxxx Title: Vice President Third Amendment to Loan and Security Agreement RBS ASSET FINANCE, INC., through its division RBS Business Capital By: /s/ Xxxxxxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: SVP Third Amendment to Loan and Security Agreement ADMINISTRATIVE AGENT: BANK OF AMERICA, N.A., as Administrative Agent By: /s/ Xxxxxxx Xxxxxxxxx Xxxxxxx Xxxxxxxxx, Senior Vice President Third Amendment to Loan and Security Agreement Account Debtor Concentration Limit 1.
With effect from six Months after the Commencement Date, the aggregate Notified Value of Debts of a single Network Provider shall not exceed the Debtor Concentration at that time.
Debtor Concentration Percentage 50% subject to satisfactory credit limits.
If, at any time, the Debtor Concentration Percentage is exceeded, Axxxxxxxx shall be entitled to apply a RF Reserve against RF Availability in such amount as Axxxxxxxx considers appropriate in its discretion and/or designate the relevant Receivables as Ineligible Receivables.
The Receivables Purchaser shall reduce the Early Payment Percentage by one percentage point for every one per cent that the Debtor Concentration Percentage is exceeded.