Net Amount of Eligible Accounts Receivable means the aggregate unpaid invoice amount of Eligible Accounts Receivable less, without duplication, sales, excise or similar taxes, returns, discounts, chargebacks, claims, advance payments, credits and allowances of any nature at any time issued, owing, granted, outstanding, available or claimed with respect to such Eligible Accounts Receivable.
Net Amount of Eligible Accounts Receivable means the aggregate unpaid invoice amount of Eligible Accounts Receivable less, without duplication, sales, excise or similar taxes, returns, discounts, chargebacks, claims, advance payments, credits and allowances of any nature at any time issued, owing, granted, outstanding, available or claimed.
Net Amount of Eligible Accounts Receivable means the aggregate unpaid invoice amount of Eligible Accounts Receivable less, without duplication, sales, excise or similar taxes, returns, discounts, chargebacks, claims, advance payments, credits, offsets, reserves and allowances of any nature at any time issued, owing, granted, outstanding, available or claimed by an Account Debtor of a Loan Party (other than Alon Interests and the Parent) with respect to such Eligible Accounts Receivable, to the extent not already accounted for in the definition herein of Eligible Accounts Receivable.
Examples of Net Amount of Eligible Accounts Receivable in a sentence
Permit the Net Amount of Eligible Accounts Receivable at any time to be less than $[_____].
More Definitions of Net Amount of Eligible Accounts Receivable
Net Amount of Eligible Accounts Receivable means at any time, without duplication, the gross amount of Eligible Accounts Receivable at such time plus (i) 75% of unapplied cash and credits greater than 90 days less (ii) returns, chargebacks, discounts, claims, credits and allowances of any nature at any time issued, owing, granted, outstanding, available or claimed.
Net Amount of Eligible Accounts Receivable means the aggregate unpaid invoice amount of Eligible Accounts Receivable less , without duplication, sales, excise or
Net Amount of Eligible Accounts Receivable means, as to any applicable Eligible Accounts Receivable, the aggregate unpaid invoice amount of such Eligible Accounts Receivable less, without duplication, sales, excise or similar taxes, returns, discounts, chargebacks, claims, advance payments, credits and allowances of any nature at any time issued,
Net Amount of Eligible Accounts Receivable means the aggregate unpaid invoice amount of Eligible Accounts Receivable less, without duplication, the sum of (a) sales, excise or similar taxes, returns, discounts, chargebacks, claims, advance payments, credits and allowances of any nature at any time issued, owing, granted, outstanding, available or claimed with respect to such Eligible Accounts Receivable, and (b) the aggregate amount of liabilities established by the Loan Parties in respect of customer deposits relating to sales giving rise to such Eligible Accounts Receivable (it being understood that liabilities with respect to customer deposits shall be recorded in the Loan Parties’ books and records in an amount not less than the amount of each Eligible Account Receivable with respect to which the applicable Inventory has not been delivered to and accepted by a customer of a Loan Party, and will not be eliminated until (i) such Inventory has been delivered to and accepted by the applicable customer or (ii) such Account Receivable has been paid in full in cash).
Net Amount of Eligible Accounts Receivable means the aggregate unpaid invoice amount of Eligible Accounts Receivable less (i) sales, excise or similar taxes, returns, discounts (but with respect to such discounts, only on and after the date upon which the Loan Gross-up Method shall cease to be used by CIT), chargebacks, claims, advance payments, credits and allowances of any nature at any time issued, owing, granted, outstanding, available or claimed, and (ii) in the case of sums due under the Factoring Agreement, deductions for factoring charges, interest, discounts ( but with respect to such discounts, only on and after the date upon which the Loan Gross-up Method shall cease to be used by CIT), estimated anticipation, chargebacks based upon disputes and returns, chargebacks of client risk accounts purchased with recourse, and all other charges, offsets and reserves under the Factoring Agreement.
Net Amount of Eligible Accounts Receivable means the aggregate ------------------------------------------ unpaid invoice amount of Eligible Accounts Receivable less, without duplication (i) in the case of Accounts Receivable not purchased by the Factor under a Factoring Agreement, sales, excise or similar taxes, returns, discounts, chargebacks, claims, advance payments, credits and allowances of any nature at any time issued, owing, granted, outstanding, available or claimed, and (ii) in the case of Accounts Receivable purchased by a Factor under a Factoring Agreement and sums due under a Factoring Agreement, deductions for factoring charges, discounts, estimated anticipation, chargebacks based upon disputes and returns, chargebacks of department risk accounts purchased with recourse, and all other charges, offsets and reserves under a Factoring Agreement.
Net Amount of Eligible Accounts Receivable means the aggregate unpaid invoice amount of