Qualified Account Debtor definition
Qualified Account Debtor means an Account Debtor specified on Schedule 1.01D or otherwise reasonably acceptable to the Administrative Agent.
Qualified Account Debtor means each of Compaq Computer Corporation, Dell Computer Corporation, Flextronics International Ltd., Gateway, Inc., ▇▇▇▇▇▇ Micro Inc., Tech Data Corporation, and Synnex Information Technologies, Inc.
Qualified Account Debtor means an Account Debtor (or any Affiliate thereof) whose long-term unsecured debt obligations are rated at least A2 by ▇▇▇▇▇’▇ or A by S&P.
More Definitions of Qualified Account Debtor
Qualified Account Debtor means an Account Debtor that is a retailer of national standing acceptable to the Administrative Agent in its reasonable discretion. “QFC” has the meaning assigned to the term “qualified financial contract” in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D). “QFC Credit Support” has the meaning set forth in Section 10.24. “Qualified ECP Guarantor” means, with respect to any Swap Obligation, each Loan Party that (a) has total assets exceeding $10,000,000 at the time the relevant guaranty by such Loan Party of such Swap Obligation, the grant by such Loan Party of a security interest or Lien to secure such Swap Obligation, or the provision of other support by such Loan Party becomes effective with respect to such Swap Obligation, (b) otherwise constitutes an “eligible contract participant” under the Commodity Exchange Act and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a “keepwell, support or other agreement” under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act, or (c) constitutes an “eligible contract participant” under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act because its obligations with respect to such Swap Obligation are supported by the keepwell in Section 10.20 hereof from the MLP and the Borrower, each of which is an “eligible contract participant” under Section 1a(18)(A)(v)(I) of the Commodity Exchange Act. “Qualified Factor” means any Lender or any other bank or financial institution satisfactory to the Administrative Agent in its reasonable discretion. “Qualified Factoring Program” means a factoring program sponsored by a Qualified Account Debtor in partnership with one (1) or more Qualified Factors, pursuant to which each participating supplier of such Qualified Account Debtor may in its reasonable discretion sell, convey, transfer or assign from time to time, on a non-recourse basis, all or a portion of its Factoring Transaction Assets to such Qualified Factor(s) for fair value on mutually-agreed terms and conditions. “Qualified Factoring Program Reclassification Date” means the date on which the most recent financial statements of the Borrower and its Restricted Subsidiaries delivered to Administrative Agent pursuant to Section 6.01(a) or (b) evidence that any Qualified Factoring Program constitutes Indebtedness in accordance with GAAP. “Quarterly Distributions” means (a) with respect to the Borrower, the distributions by the Borrower of Availa...
Qualified Account Debtor the account debtors set forth on Schedule III hereto and any other qualified account debtor reasonably acceptable to the Co-Arrangers.
Qualified Account Debtor means an Account Debtor that is a retailer of national standing acceptable to the Administrative Agent in its reasonable discretion.
Qualified Account Debtor has the meaning specified in the definition of Eligible Accounts Receivable.
Qualified Account Debtor means each of Compaq Computer Corporation, Dell Computer Corporation, Gateway, Inc., Ingram Micro Inc., Tech Data Corporation, and Synnex Information Technologies, Inc.