Receivables Advance Rate definition

Receivables Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(i) hereof.

Receivables Advance Rate means 85%.

Receivables Advance Rate means 90%.

Examples of Receivables Advance Rate in a sentence

• Each Borrower consents to any such increases or decreases and acknowledges that decreasing the Receivables Advance Rate or increasing or imposing reserves may limit or restrict Advances requested by Borrowing Agent.

• The Receivables Advance Rate may be increased or decreased by Agent at any time and from time to time in the exercise of its Permitted Discretion.

• If, at any time after Agent’s reduction of the Receivables Advance Rate, it is determined that there is no longer a Dilution Rate Increase, the Receivables Advance Rate shall be automatically restored to eighty-five percent (85%) so long as no Default or Event of Default is then existing, subject to further adjustment as provided above.

• Agent shall give Borrower five (5) days prior written notice of its intention to decrease the Receivables Advance Rate.

• The University requires researchers to follow UKRI guidelines to identify, disclose, and address actual or potential conflicts of interest relating to their research and bring them to the attention of the University by emailing innovations@swansea.ac.uk or the Research team leaders or Faculty Research Ethics Leads and report their findings at meetings or in publications.

More Definitions of Receivables Advance Rate

Receivables Advance Rate shall have the meaning set forth in the definition of Receivables Availability.

Receivables Advance Rate means (i) 80% if the Accounts Receivable Reporting Requirement is not then in effect, and (ii) 85% if either (x) the Accounts Receivable Reporting Requirement is then in effect or (y) the Borrowers elect at their option to provide the detailed accounts receivables reporting as required by Section 6.02(c) as if the Account Receivable Reporting Requirement was in effect at such time.

Receivables Advance Rate means (i) ninety percent (90%) in respect of Credit Enhanced Eligible Trade Receivables and (ii) otherwise, eighty-five percent (85%);

Receivables Advance Rate shall have the meaning set forth in Section 2.1(b)(i) hereof. “Recipient” shall mean the Agent, any Lender, Swing Loan Lender, a Participant or Issuer.

Receivables Advance Rate means 80% or such greater or lesser percentage as Lender may from time to time establish in its sole discretion upon notice to Borrower.

Receivables Advance Rate means at any time, a rate equal to the product of (a) 85% and (b) the rate set forth as the Finished Goods NOLV Rate.

Receivables Advance Rate. Eighty five percent (85%).