Excess Concentration Balances means, on any day with respect to any Obligor, the excess, if any, of (a) the aggregate Unpaid Balances of Eligible Receivables it owes, over (b) the result of (i) the Adjusted Eligible Receivables multiplied by (ii) the Concentration Percentage for such Obligor.

Excess Concentration Balances means the sum of Excess Concentration Balance (Canadian Obligors), Excess Concentration Balance (Non-TWRI Receivables) and Excess Concentration Balance (Legacy Eagle Crest Receivables).

Excess Concentration Balances means, at any time the aggregate, with respect to any Obligor, of the amounts, if any, by which the aggregate Outstanding Balance of the Eligible Receivables of such Obligor and its Affiliates (other than Eligible Receivables previously designated as Excess Concentration Receivables) exceeds the Concentration Limit (or, if applicable, a Special Concentration Limit) for such Obligor.

Examples of Excess Concentration Balances in a sentence

On or before April 30, 1995, the Issuer shall implement such procedures as shall be necessary to enable it to calculate Excess Concentration Balances on a daily basis and shall thereafter report such amounts on each Daily Report.
To facilitate such intent, the Servicer may elect to identify each Subordinate Class Duplicate Obligor and shall take the following additional steps with respect thereto (in the order indicated below): First, determine an amount (the "Subordinate Class Step One Amount") equal to the aggregate Unpaid Balance of Eligible Receivables owed by such Obligor that are included in the Class B Incremental Concentration Balance or the Class C Excess Concentration Balances.
Second, determine an amount (the "Class A Step Two Amount") equal to the aggregate Unpaid Balance of Eligible Receivables owed by such Obligor that are included in the Class A Incremental Concentration Balance, the Class B Incremental Concentration Balance or the Class C Excess Concentration Balances (after taking into account the First step above).

More Definitions of Excess Concentration Balances

Excess Concentration Balances means, on any day, the portion of the aggregate Outstanding Balance of Eligible Receivables owing from an Obligor and its Affiliates (considered as if they were a single Obligor) as shown on the most recent Monthly Report, which exceeds the applicable Concentration Limit or Special Concentration Limit.

Excess Concentration Balances means, on any day and with respect to an Obligor, the aggregate Unpaid Balances of Eligible Receivables it owes that, expressed as a percentage of the Adjusted Eligible Receivables, exceeds the following percentages for the following Obligors:

Excess Concentration Balances means at any time the aggregate, with respect to any Obligor, of the amounts, if any, by which the aggregate Outstanding Balance of the Eligible Receivables of such Obligor and its Affiliates exceeds the Concentration Limit (or, if applicable, a Special Concentration Limit) for such Obligor.

Excess Concentration Balances means, on any day, the portion of the aggregate Outstanding Balance of Receivables in the following classes which exceeds the applicable limitation set forth below, as shown on the most recent Weekly Report:

Excess Concentration Balances means at any time the amount (if any) by which the aggregate Outstanding Balance of the Eligible Receivables of all Obligors which are (i) natural persons resident in Canada or (ii) business organizations organized under the laws of Canada or any jurisdiction therein or which have their chief executive office in Canada or any jurisdiction therein exceeds 10.0% of the aggregate Capital of all Purchaser Interests.

Excess Concentration Balances means for any Obligor and its Consolidated Affiliates, the aggregate outstanding balances of Eligible Accounts Receivables due from such Obligor and, without duplication, its Consolidated Affiliates which, expressed as a percentage of the aggregate outstanding balances of all Eligible Receivables, exceeds the following percentages for the following Obligors:

Excess Concentration Balances means the aggregate Outstanding Balances of Eligible Receivables due from each Specified Obligor and, without duplication, its consolidated Affiliates to Victxx xx any Seller which, expressed as a percentage of the aggregate Outstanding Balances of all Eligible Receivables, exceeds the applicable Excess Concentration Percentage.