Variable Dilution definition

Variable Dilution means any Dilution other than Contractual Dilution.
Variable Dilution means, with respect to any calendar month, the aggregate amount of Dilution occurring with respect to the Dealer Receivables during such calendar month in excess of the Planned Dilution for such calendar month.
Variable Dilution means any Dilution other than Contractual Dilution. “ Wells ” has the meaning set forth in the preamble.