Manufacturer Concentration Limit definition

Manufacturer Concentration Limit means a dollar amount calculated as:
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Manufacturer Concentration Limit means a dollar amount calculated as fifteen percent (15%) of the Combined Outstanding Principal Balances on the last day of the applicable Monthly Period (in the case of each of the Manufacturers that is among the three (3) Manufacturers which are parties to Floorplan Agreements covering the largest portion of the Combined Outstanding Principal Balances, or ten percent (10%) of the Combined Outstanding Principal Balances on the last day of such Monthly Period (in the case of Manufacturers other than such top three (3) Manufacturers) or, in each case, if the Rating Agency Condition is satisfied, such larger percentage of the Combined Outstanding Principal Balances as is stated in the notice from each applicable Rating Agency in connection with the satisfaction of the Rating Agency Condition.
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Examples of Manufacturer Concentration Limit in a sentence

  • Failure to disclose such information will be considered an infraction and is subject to the penalties indicated in Section 15.This requirement will be checked at the Reservation Request stage where applicants are required to identify all affiliations in the Reservation Request Form.6.14 Manufacturer Concentration Limit Any single equipment manufacturer is limited to 40% of the annual statewide SGIP budget.

  • Failure to disclose such information will be considered an infraction and is subject to the penalties indicated in Section 15.This requirement will be checked at the Reservation Request Stage and there are fields in the Reservation Request Forms where affiliations can be identified.6.14 Manufacturer Concentration Limit Any single equipment manufacturer is limited to 40% of the annual statewide SGIP budget.

  • By lowering the PIXL Responder Fee for a Specialist or Market Maker from $0.30 to $0.25 per contract these market participants would be more closely aligned with other responders.

Related to Manufacturer Concentration Limit

  • Concentration Limit means at any time for any Obligor, the product of (i) such Obligor’s Specified Concentration Percentage, times (ii) the aggregate Unpaid Balance of the Eligible Receivables included in the Receivables Pool at the time of determination.

  • Concentration Limits means, as of any date of determination prior to (x) the Commitment Termination Date with respect to all items below and (y) the Final Maturity Date with respect to the concentration limit set forth in clause (c) below, for purposes of determining the Excess Concentration Amount and the Borrowing Base, the concentration limitations set forth below:

  • Obligor Concentration Limit At any time, in relation to the aggregate Unpaid Balance of Receivables owed by any single Obligor and its Affiliated obligors (if any):

  • Concentration Limitations has the meaning set forth in Schedule 4.

  • Excess Concentration means the sum of the following amounts, without duplication:

  • Excess Concentration Amount means, on any date of determination, the sum of, without duplication,

  • Concentration Percentage means (i) for any Group AA Obligor, 30.00%, (ii) for any Group A Obligor, 17.50%, (iii) for any Group B Obligor, 15.00%, (iv) for any Group C Obligor, 12.50% and (v) for any Group D Obligor, 7.50%.

  • Overconcentration Amount means as of any date of calculation of the Effective Leverage Ratio for the Fund, an amount equal to the sum of (without duplication):

  • Concentration means the weight of any given material present in a unit volume of liquid. Unless otherwise indicated in this permit, concentration values shall be expressed in milligrams per liter (mg/l).

  • Concentration Reserve Percentage means, at any time of determination, the largest of: (a) the sum of the five (5) largest Obligor Percentages of the Group D Obligors, (b) the sum of the three (3) largest Obligor Percentages of the Group C Obligors, (c) the sum of the two (2) largest Obligor Percentages of the Group B Obligors and (d) the largest Obligor Percentage of the Group A Obligors.

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrowers’ business.

  • Collateral Quality Test means a test that is satisfied if, as of any date of determination, in the aggregate, the Collateral Loans owned (or in relation to a proposed acquisition of a Collateral Loan, both owned and proposed to be owned) by the Borrower satisfy each of the tests set forth below, calculated in each case in accordance with Section 1.3:

  • Inventory Formula Amount means (i) the lesser of (x) 75% of the Value of Eligible Inventory and (y) 85% of the NOLV Percentage of the Value of Eligible Inventory plus (ii) the lesser of (x) the lesser of (1) 75% of the Value of Eligible In-Transit Inventory and (2) 85% of the NOLV Percentage of the Value of the Eligible In-Transit Inventory and (y) $10,000,000.