Dilution means, as of any date of determination, a percentage, based upon the experience of the immediately prior 12 months, that is the result of dividing the Dollar amount of (a) bad debt write-downs, discounts, advertising allowances, credits, or other dilutive items with respect to Borrowers’ Accounts during such period, by (b) Borrowers’ xxxxxxxx with respect to Accounts during such period.
Dilution means any downward adjustment made by Servicer in the amount of any Receivable (a) because of a rebate, refund or billing error to an accountholder, (b) because such Receivable was created in respect of merchandise which was refused or returned by an accountholder or (c) for any other reason other than receiving Collections therefor or charging off such amount as uncollectible.
Dilution means any downward adjustment made by Servicer in the amount of any Transferred Receivable (a) because of a rebate, refund or billing error to an accountholder, (b) because such Transferred Receivable was created in respect of merchandise which was refused or returned by an accountholder or (c) for any other reason other than receiving Collections therefor or charging off such amount as uncollectible.
Examples of Dilution in a sentence
Dilution Adjustment Provisions: Sections 14.04(a), (b), (c), (d) and (e) and Section 14.05 of the Indenture.
No fractional shares shall be issued upon the issuance of an Anti- Dilution Adjustment, and the aggregate number of Ordinary Shares to be issued to par- ticular shareholders shall be rounded down to the nearest whole share and the Com- pany shall pay in cash the fair value of any fractional shares as of the time when enti- tlement to receive such fractions is determined.
More Definitions of Dilution
Dilution means the amount of any reduction or cancellation of the Outstanding Balance of a Receivable as described in Section 1.4(a).
Dilution means for any period with respect to any Borrower, the fraction, expressed as a percentage, the numerator of which is the aggregate amount of reductions in the Accounts of such Borrower for such period other than by reason of dollar for dollar cash payment and the denominator of which is the aggregate dollar amount of the sales of such Borrower for such period.
Dilution means, in each case based upon the experience of the immediately prior three (3) months, the result of dividing the Dollar amount of (a) bad debt write-downs, discounts, advertising, returns, promotions, credits, or other dilution with respect to the Accounts, by (b) Borrower's Collections (excluding extraordinary items) plus the Dollar amount of clause (a).
Dilution means, as of any date of determination, a percentage, based upon the experience of the immediately prior 12 months, that is the result of dividing the Dollar amount of (a) bad debt write-downs, discounts, advertising allowances, credits, or other dilutive items with respect to Borrowers’ Accounts during such period, by (b) Borrowers’ billings with respect to Accounts during such period.
Dilution means, as of any date of determination, a percentage, based upon the experience of the applicable Dilution Look Back Period that is the result of dividing the Dollar amount of (a) bad debt write-downs, discounts, advertising allowances, credits, or other dilutive items with respect to Accounts of Subsidiary Borrower for goods sold or services rendered during such period, by (b) Subsidiary Borrower's Collections with respect to Accounts for goods sold or services rendered during such period (excluding extraordinary items) plus the Dollar amount of clause (a).
Dilution means the lessening of the capacity of a mark to identify and distinguish goods or services, regardless of the presence or absence of any of the following:
Dilution means, with respect to any Pool Receivable, the aggregate amount of any reductions or adjustments in the Outstanding Balance of such Receivable as a result of any defective, rejected, returned, repossessed or foreclosed goods or services or any rebate, sales allowance, cash discount or other adjustment or setoff, other than any of the foregoing included in the Contractual Dilution Amount for the applicable period.