Dilution Reserve Amount means, at any time, an amount equal to the product of (i) the Dilution Reserve Percentage at such time and (ii) the Net Receivables Balance at such time.
Dilution Reserve Amount means, on any day, the product of (i) the Dilution Reserve Percentage and (ii) the Net Receivables Balance on such day.
Dilution Reserve Amount means, (A) for each Settlement Date prior to the Facility Termination Date, an amount equal to the product of (i) the Settlement Date Receivables Balance on such Settlement Date and (ii) the Dilution Discount Amount Percentage for such Settlement Date, (B) for each Settlement Date on or following the Facility Termination Date on which the Funded Amount is greater than zero, an amount equal to the lesser of (i) the Dilution Reserve Payment Amount and (ii) (a) the Settlement Date Receivables Balance minus (b) the Mandatory Repurchase Reserve Amount, and (C) for each other Settlement Date, zero, provided that, following the Facility Termination Date, the Bank Purchasing Agent at any time may reduce the Dilution Reserve Amount and increase either or both of the Mandatory Repurchase Reserve Amount and the Yield Reserve Amount by a corresponding total amount, whereupon the Dilution Reserve Amount, the Mandatory Repurchase Reserve Amount and the Yield Reserve Amount shall be adjusted accordingly.
Examples of Dilution Reserve Amount in a sentence
Dilution Reserve Amount means, as of any Calculation Date, the product of (a) the Eligible Billed and Unbilled Receivables Balance as of that Calculation Date and (b) the Dynamic Dilution Reserve Percentage as of that date.
Dilution Reserve Rate means, as of any Calculation Date, the ratio (expressed as a percentage) calculated by dividing: the Dilution Reserve Amount as of that date by (b) the Dynamic Enhancement Receivables Base as at that date.
Total AR Availability 0.00 U.S. AR AVAILABILITY: THE LESSER OF $ 50,000,000.00 OR Line 1 0.00 CANADIAN ACCOUNTS RECEIVABLE BALANCE PER AGINGS as of xx/xx/xxxx 0.00 Less: Unapplied Cash Less: Ineligible Accounts Receivable 0.00 ELIGIBLE ACCOUNTS RECEIVABLE 0.00 Times: Accounts Receivable Advance Rate: 85% 85 % ACCOUNTS RECEIVABLE AVAILABILITY 0.00 Dilution Reserve (Amount > 5%) 0.00 Other Reserve 0.00 Other Reserve 0.00 Other Reserve 0.00 2.
More Definitions of Dilution Reserve Amount
Dilution Reserve Amount means an amount equal to the product of (i) the greater of (x) the Dilution Reserve Floor Percentage and (y) the Dilution Reserve Percentage, times (ii) the Net Pool Balance.
Dilution Reserve Amount. Dilution Reserve Percentage x Total Fundable Debts where: “Dilution Reserve Percentage” means, on any Monthly Reporting Date or any Utilisation Date, the fraction expressed as a percentage calculated in accordance with the following formula: DRP = {(SF x ED)+(DS-ED) x DS/ED} x DHR where: SF = stress factor multiple of 2.5; ED = Expected Dilutions as at the most recent Monthly Reporting Date; DS = Dilution Spike as at the most recent Monthly Reporting Date; and DHR = Dilution Horizon Ratio as at the most recent Monthly Reporting Date. “Dilution Horizon Ratio” means, on any Monthly Reporting Date, the ratio expressed as a percentage determined by dividing (i) the aggregate Sterling amount of all Sales generated during the Dilution Horizon ending on the last date of the most recently ended Monthly Reporting Period by (ii) the aggregate outstanding Sterling amount of all Eligible Debts as on the last date of the most recently ended Monthly Reporting Period. “Dilution Ratio” means, on any Monthly Reporting Date, the ratio expressed as a percentage determined by dividing (i) the aggregate Sterling amount of all Dilutions suffered in respect of Debts (excluding, for the avoidance of doubt, Unbilled Debts)
Dilution Reserve Amount has the meaning given to it in part 1 of schedule 2.
Dilution Reserve Amount means, (A) for each Settlement Date prior to the Facility Termination Date, an amount equal to the product of (i) the Net Batch Amount for the most recently ended Collection Period and (ii) the Dilution Discount Amount Percentage for such Settlement Date, (B) for each Settlement Date on or following the Facility Termination Date on which the Funded Amount is greater than zero, an amount equal to the lesser of (i) the Dilution Reserve Payment Amount and (ii) (a) the Settlement Date Receivables Balance minus (b) the Mandatory Repurchase Reserve Amount, and (C) for each other Settlement Date, zero.
Dilution Reserve Amount means, as of any Calculation Date, the product of (a) the Eligible Billed and Unbilled Receivables Balance as of that Calculation Date and (b) the Dynamic Dilution Reserve Percentage as of that date.
Dilution Reserve Amount means, at any time, an amount equal to the product of (i) the Dilution Reserve Percentage at such time and
Dilution Reserve Amount means, on any day and in respect of Purchased Receivables denominated in the same currency, the product of (a) the aggregate Outstanding Principal Balance of all such Purchased Receivables on such day and (b) the greater of (i) the product of 1.5 and the highest Dilution Ratio over the twelve-month period preceding such day and (ii) the product of 2 and the average Dilution Ratio over the twelve-month period preceding such day.