Receivables Ratio definition
Examples of Receivables Ratio in a sentence
Holdings shall not permit the ---------------------------- Qualifying Receivables Ratio to be less than 1.20:1.00 at any time.
Such Cash Collateral Event shall be deemed not to be continuing (x) on the first date thereafter that the total Additional Security then held by the Collateral Agent shall equal or exceed the Required Amount (based on a Required Ratio of 2.00 to 1.00) as of the then-most recent Report Date, or (y) on the first Report Date thereafter that the Receivables Ratio shall be equal to or greater than 2.00 to 1.00.
Borrower will permit its Tier 1 Capital to Managed Receivables Ratio as of the last day of any fiscal quarter of such U.S. Borrower to be less than 4.0%.
Minimum Loss Reserve Where: Loss Ratio = the highest three month rolling average of the Aged Receivables Ratio in the most recent 12 months ended prior to such date.
Each such Gas Receivables Report shall be complete and accurate in all material respects and shall include, without limitation, a calculation in reasonable detail as to the Receivables Ratio as of the effective date of such Gas Receivables Report.
Each of the Obligors and the Importer shall observe and comply with all the terms and provisions of the Credit Insurance Policy required to be observed or performed by it during any period that the obligations of any Eligible Offtaker with respect to any Designated Receivable used to satisfy the Specified Coverage Ratio, or any Unencumbered Receivable used to satisfy the Specified Unencumbered Receivables Ratio, is covered by the Credit Insurance Policy.
The Receivables Ratio shall not at any time be less than 1.00:1.00.
The result achieved by dividing the trade --------------------- accounts receivable of ▇▇▇▇ and its Subs as of the last day of the month preceding the Closing by revenues for the twelve months ending with such day shall not be less than 97% of the Average Receivables Ratio.
Permit the Past Due Receivables Ratio, as of the last day of any Fiscal Month ending after the Closing Date, to exceed 0.06 to 1.00.
While any Indebtedness pursuant to the Receivables Financing ("Receivables Financing Indebtedness") shall be outstanding, the amount of Receivables Financing Indebtedness for each Obligor shall at all times be equal to, or less than, 44.44% (the "Receivables Ratio") of the amount of the Eligible Accounts for such Obligor.