Examples of Excluded Order in a sentence
Any reference herein to the term “scheduled maturity date” or other date for the payment of principal of the Notes shall include (i) the date, if any, fixed for redemption thereof in accordance with paragraph 15 hereof and (ii) the date upon which any state or federal agency obtains an order or grants approval for the rehabilitation, liquidation, conservation or dissolution of the Issuer or the General Account (other than any Excluded Order).
Any reference herein to the term “scheduled maturity date” or other date for the payment of principal of the Junior Notes shall include (i) the date, if any, fixed for redemption thereof in accordance with paragraph 13 hereof and (ii) the date upon which any state or federal agency obtains an order or grants approval for the rehabilitation, liquidation, conservation or dissolution of the Issuer or the General Account (other than any Excluded Order).
For sake of clarity, regardless of exclusion of an Excluded Order from the gross margin calculations, all revenue shall be counted in calculating the revenue metrics.
If a customer does not pay Seller in full on any Excluded Order within 45 days after the date on which payment is due (a “Delinquent Account”), then Seller shall notify Buyer that such Delinquent Account is overdue, which notice shall include the customer’s name, the amount of the receivable and the date on which such receivable was due.