Maximum Days Sales Outstanding definition
Maximum Days Sales Outstanding means, as of any day, the highest Days Sales Outstanding for any Fiscal Month observed over the preceding twelve Fiscal Months.
Maximum Days Sales Outstanding means, as of any day, the highest Days’ Sales Outstanding for any Settlement Period observed over the preceding twelve Settlement Periods.
Maximum Days Sales Outstanding means, as of any day, the highest Days Sales Outstanding over the most recent 12-months. “Mizuho” means Mizuho Bank, Ltd. “Modified Receivable” means a Receivable as to which the payment terms of the related Contract have been extended or modified for credit reasons since the origination of such Receivable. For the avoidance of doubt, Modified Receivable shall not include a Receivable as to which the payment terms of the related Contract have been extended or modified as required under Applicable Law, so long as such modification is made in accordance with Section 8.02(d). “Monthly Report” means a report, in substantially the form of Exhibit G. “Monthly Settlement Date” means the 23rd day of each calendar month (or if such day is not a Business Day, the next occurring Business Day). “▇▇▇▇▇’▇” means ▇▇▇▇▇’▇ Investors Service, Inc. “MUFG” has the meaning set forth in the preamble to this Agreement. “Multiemployer Plan” shall mean a multiemployer plan as defined in Section 4001(a)(3) of ERISA to which any CNE Party or any of their respective ERISA Affiliates is making or accruing an obligation to make contributions, or has within any of the preceding five plan years made or accrued an obligation to make contributions. “Net Receivable Pool Balance” means, at any time, an amount equal to (i) the aggregate Outstanding Balance of all Eligible Receivables at such time, minus (ii) the Excess Concentration at such time. “Nonrecourse Indebtedness” means any Indebtedness that finances the acquisition, development, ownership or operation of an asset or portfolio of assets in respect of which the Person to which such Indebtedness is owed has no recourse whatsoever to any CNE Party or any of its respective Subsidiaries other than:
More Definitions of Maximum Days Sales Outstanding
Maximum Days Sales Outstanding means (A) (i) the accounts receivable of Company as of the end of a Fiscal Quarter DIVIDED by (ii) annualized revenues for such Fiscal Quarter MULTIPLIED by (B) 360.