Eligible Receivables Balance definition

Eligible Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables at such time.

Eligible Receivables Balance means, at any time, the aggregate outstanding principal balance of all Eligible Receivables, less the aggregate outstanding principal balance of Eligible Receivables which exceed the Concentration Limit.

Eligible Receivables Balance means, at any time, the aggregate Discounted Balances of all Eligible Receivables which are Pledged hereunder to secure Loans at such time.

Examples of Eligible Receivables Balance in a sentence

• Each Receivable included as an Eligible Receivable in any calculation of the Borrowing Base or the Eligible Receivables Balance is an Eligible Receivable.

• Except during a Liquidation Period for a Purchaser, such Purchaser's Purchase Interest will change whenever its Investment, its Purchaser Reserve Percentage or the Eligible Receivables Balance changes.

• Each Receivable included as an Eligible Receivable in any calculation of the Facility Limit or the Eligible Receivables Balance is an Eligible Receivable.

• Except during a Liquidation Period for a Purchaser, such Purchaser’s Purchase Interest will change whenever its Investment, its Purchaser Reserve Percentage or the Eligible Receivables Balance changes.

• Each Receivable listed on the Periodic Report as part of the Eligible Receivables Balance was an Eligible Receivable as of the date of such Periodic Report.

More Definitions of Eligible Receivables Balance

Eligible Receivables Balance means, at any time, the aggregate outstanding principal balance of all Receivables included in the Eligible Receivables as of the most recent Measurement Date and the aggregate outstanding principal balance of all Eligible Receivables arising after the most recent Measurement Date. For the avoidance of doubt, the Eligible Receivables Balance does not include any Receivables paid since the most recent Measurement Date.

Eligible Receivables Balance means the aggregate Outstanding Balance of all Eligible Receivables less the sum of (i) the Discount Proxy Amount, (ii) the Rebate Accrual Amount, and (iii) the Contra Account Amount.

Eligible Receivables Balance means, at any time, the aggregate Unpaid Balance of all Pool Receivables that are then Eligible Receivables.

Eligible Receivables Balance means as of any date of determination, and without duplication, the sum of (x) the Overages Amount, (y) the aggregate Contract Values for all Qualifying Licenses, and (z) 50% of Projected Overages, in each case as of such date of determination, provided that in no event may 50% of the sum of Projected Overages exceed 15% of the aggregate Eligible Receivables Balance.”

Eligible Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables minus the sum of (i) the amount by which the Outstanding Balance of all Eligible Receivables of such Obligor and its Affiliates exceeds the Obligor Concentration Limit for such Obligor, and (ii) to the extent not already included in the amounts described in clause (i) hereof, the amount by which the aggregate Outstanding Balance of all Eligible Receivables owed by Canadian Obligors exceeds 50% of Outstanding Balance of all Eligible Receivables).

Eligible Receivables Balance. At any time, the aggregate Outstanding Balance with respect to all Eligible Receivables.

Eligible Receivables Balance means, at any time, an amount equal to the Base Currency Equivalent of the aggregate Unpaid Balance of all Eligible Receivables at such time.