Servicing Fee Reserve means, as of any date of determination, an amount equal to the product of (i) the Servicing Fee Rate, (ii) the aggregate Outstanding Balance of Transferred Receivables and (iii) a fraction, the numerator of which is the higher of (a) 30 and (b) the Receivables Collection Turnover as of the end of the Settlement Period immediately preceding such date multiplied by 2, and the denominator of which is 360.
Servicing Fee Reserve at any time means the sum of (i) the unpaid Servicing Fee accrued to such time, plus (ii) an amount equal to (a) the aggregate Outstanding Balance of Pool Receivables at the time of computation multiplied by (b) the product of (x) one percent (1%) and (y) a fraction having two (2) times the Days Sales Outstanding as its numerator and three hundred sixty (360) as its denominator.
Servicing Fee Reserve means, at any time, an amount equal to the sum of (a) all accrued and unpaid Servicing Fee plus (b) the product of (i) the Servicing Fee Reserve Ratio and (ii) the aggregate Expected Net Value of all Receivables at such time.
Examples of Servicing Fee Reserve in a sentence
No cursing, offensive language or offensive gestures are allowed.
The lighting plan shall include the property lines and right-of-way lines for the site, and shall include the first fifty feet of adjacent property, at a minimum.
Following this principle, the open-ended project is broken into smaller parts with assigned due dates.
More Definitions of Servicing Fee Reserve
Servicing Fee Reserve at any time means an amount equal to the product of (a) the aggregate Unpaid Balance of Receivables as of the most recent Month End Date, (b) 0.50%, and (c) the quotient of (i) 2.0 multiplied by Days Sales Outstanding, divided by (ii) 360.
Servicing Fee Reserve means on any day an amount determined as follows: OBR x SFR x (DSO/360) + AUSF where: OBR = the Unpaid Balance of Pool Receivables on such day; SFR = 1.00%; DSO = the highest Days’ Sales Outstanding as of the Cut-Off Date for any Settlement Period observed over the preceding 12 Settlement Periods; and AUSF = the amount of any accrued but unpaid Servicing Fees.
Servicing Fee Reserve. At any time, an amount equal to the product of (i) the Servicing Fee Rate (ii) a fraction having Days Sales Outstanding as the numerator, and 360 as the denominator and (iii) the aggregate Unpaid Balance of all Receivables on such date of calculation.
Servicing Fee Reserve means, on any date, an amount equal to: (OBR x SFRR) where: OBR = the aggregate Outstanding Balance of all Pool Receivables at the close of business of the Collection Agent on such date. SFRR = the Servicing Fee Reserve Ratio on such date.
Servicing Fee Reserve means at any time an amount equal to the product of (i) the aggregate Outstanding Balance of all Receivables at such time, (ii) the Servicing Fee percentage and (iii) a fraction having as the numerator, the sum of (a) the Estimated Maturity Period PLUS (b) the Collection Delay Period, and as the denominator, 360.
Servicing Fee Reserve for the Participation at any time means the sum of (i) the unpaid Servicing Fee relating to the Participation accrued to such time, plus (ii) an amount equal to (a) the Net Receivables Pool Balance at the time of computation multiplied by (b) the product of (x) the percentage per annum at which the Servicing Fee is accruing on such date and (y) a fraction having the sum of the Average Maturity plus the Collection Delay Period (each as in effect at such date) as its numerator and 360 as its denominator.
Servicing Fee Reserve. Default Ratio", "Approved Currency", "Eligible Counterparty", "Defaulted Receivable", "Delinquent Receivable" or "Net Receivables Balance" or increase the Maximum Percentage Factor or any Concentration Limit; or