Eligible Receivable Balance definition

Eligible Receivable Balance means the Total Outstanding Receivable Balance minus the aggregate Outstanding Balance of all Receivables that are not Eligible Receivables, minus the Unrealized Contractual Adjustment Reserve minus the Non-Securitization Account Receivable Proxy. ​

Eligible Receivable Balance means, at any time, the aggregate outstanding principal balance of all Eligible Receivables less the sum of (i) the portion of the aggregate outstanding principal balance of Eligible Receivables of any Obligor that exceeds the applicable Concentration Limit or the Special Limit (ii) the Customer Deposit Amount and (iii) the amount, if any, by which the outstanding balance of Eligible Receivables for which the Originator has not yet issued an invoice exceeds 60% of the outstanding balance of all Eligible Receivables.

Eligible Receivable Balance means, at any time, the aggregate outstanding principal balance of all Eligible Receivables less the sum of (i) the amount by which (A) the outstanding balance of Eligible Receivables without duplication, owed by each Obligor and its Affiliates plus (B) the Unbilled Receivables for such Obligor exceeds the Concentration Limit for such Obligor, (ii) the amount by which the Eligible Receivables owed by all Governmental Obligors exceeds the Governmental Limit, (iii) the amount by which the outstanding principal amount of all Unbilled Receivables exceeds 40% of the outstanding principal balance of Eligible Receivables, and (iv) the amount of all deposits made by any Obligor with the Originator or the Collection Agent with respect to any Receivables of such Obligors.

Examples of Eligible Receivable Balance in a sentence

• Several approaches have also been developed at EU level in the environmental area, including the Organisation Environmental Footprint and reporting under the Eco-Management and Audit Scheme (EMAS).

• Each Receivable which the Seller or the Initial Collection Agent has identified as comprising part of the Eligible Receivable Balance as of the date of any calculation of the Sold Interest as part of the Eligible Receivable Balance in a Periodic Report was an Eligible Receivable as of the date of such calculation.

• The "Servicing Fee" for each Settlement Date shall be equal to the product of (i) one twelfth, (ii) the Servicing Fee Percentage and (iii) the daily average of the Net Eligible Receivable Balance during the related Accrual Period.

• Each Receivable which the Buyer or the Buyer’s Collection Agent has identified as comprising part of the Eligible Receivable Balance as of the date of any calculation of the Sold Interest as part of the Eligible Receivable Balance in a Periodic Report was an Eligible Receivable as of the date of such calculation.

• These were not included in the computation of diluted income per share because their exercise price was greater than the average market price of the Company's common stock and, therefore, the effect would be anti-dilutive.

More Definitions of Eligible Receivable Balance

Eligible Receivable Balance means, at any time, the aggregate outstanding principal balance of all Eligible Receivables less the sum of (i) the portion of the aggregate outstanding principal balance of Eligible Receivables which exceed the Concentration Limit and the Special Limit, (ii) the Customer Deposit Amount and (iii) the amount, if any, by which the outstanding balance of Eligible Receivables for which the Originator has not yet issued an invoice exceeds 60% of the outstanding balance of all Eligible Receivables.

Eligible Receivable Balance means the outstanding principal balance of all Eligible Receivables.

Eligible Receivable Balance means at any time, the aggregate outstanding balance of all Eligible Receivables.

Eligible Receivable Balance means, at any time, the aggregate outstanding principal balance of all Eligible Receivables minus the portion of the aggregate outstanding balance of Eligible Receivables which exceeds the Concentration Limit or the Special Limit.

Eligible Receivable Balance means the principal balance owed by the underlying consumer on the Eligible Receivable as of the date the Eligible Receivable is purchased by Buyer.

Eligible Receivable Balance means, at any time, the aggregate outstanding principal balance of all Eligible Receivables minus the sum of (i) the portion of the aggregate outstanding balance of Eligible Receivables which exceeds the Concentration Limit, (ii) the portion of the aggregate outstanding balance of Eligible Receivables the Obligors of which are Approved Foreign Obligors which exceeds 3% of the aggregate outstanding balance of all Eligible Receivables and (iii) the amount of sales or other Taxes, including interest and penalties, owed in respect of Eligible Receivables, except for such Taxes that have been paid by the Seller and as to which the relevant Obligor has agreed to repay the Seller.

Eligible Receivable Balance means, at any time, the aggregate outstanding principal balance of all Eligible Receivables less the sum of (i) the amount by which the outstanding balance of Eligible Receivables owed by each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor, (ii) the amount by which the Eligible Receivables owed by all Governmental Obligors exceeds the Governmental Limit, (iii) the amount by which outstanding principal amount of all Unbilled Receivables exceeds 40% of the outstanding principal balance of Eligible Receivables, and (iv) the amount by which the outstanding principal balance of all Final Xxxx Receivables exceeds 3% of the outstanding principal balance of Eligible Receivables.