Outstanding Financing Amount definition
Outstanding Financing Amount means, at any time, with respect to any European Receivables Financing, the aggregate cash amount invested by investors that are not Affiliates of the Borrower and paid to the Foreign Subsidiaries of the Borrower pursuant to such European Receivables Financing, as reduced by the aggregate amounts received by such investors from the collection or payment of receivables in connection therewith and applied to reduce such invested amount.
Outstanding Financing Amount means on any date of determination the aggregate amount on such date of determination of rent payments scheduled to become due on or after such date from FVC-Japan and the principal amount of all borrowings by FVC-Japan outstanding, in each case under the Financing Documents, after giving effect to any borrowings and payments on account of such rent or principal amount occurring on such date.
Examples of Outstanding Financing Amount in a sentence
The Fee shall accrue, on the daily amount of SanDisk's Ownership Percentage of the daily Outstanding Financing Amount, at the rate of [***] per annum, and such Fee shall be payable on a quarterly basis in arrears, on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the date hereof, and on the date of termination of this Agreement.