Weighted Average Credit Terms means for any Fiscal Month, the weighted average (weighted based on Outstanding Balance) payment terms (computed in days and calculated based on the difference between the original invoice date and the stated due date for payment) of invoices for all Receivables (other than Delinquent Receivables) in the Receivables Pool as of the last day of such Fiscal Month.
Weighted Average Credit Terms means, on any date, the weighted average payment terms (computed in days and calculated based on the difference between the original invoice date and the stated maturity date) of invoices for the Receivables in the Receivables Pool; provided such weighting shall be based on the Outstanding Balance on such date of such Receivables.
Weighted Average Credit Terms means, for any Calculation Date, the weighted average of payment terms granted in invoices for Receivables outstanding as of such date.
More Definitions of Weighted Average Credit Terms
Weighted Average Credit Terms means, for any calendar month, the weighted average of the stated maturities of all Receivables in the Receivables Pool during such calendar month, determined pursuant to the following formula (and rounded to the nearest 1/10,000): the product of 30, times the sum of (a)(I) one times (II) (x) the aggregate Outstanding Balance of all Receivables in the Receivables Pool with stated maturities which are less than or equal to 30 days after the original invoice date of such Receivable, divided by (y) the aggregate Outstanding Balance of all Receivables in the Receivables Pool, plus (b)(I) two times (II) (x) the aggregate Outstanding Balance of all Receivables in the Receivables Pool with stated maturities which are more than 30 days but less than or equal to 60 days after the original invoice date of such Receivable, divided by (y) the aggregate Outstanding Balance of all Receivables in the Receivables Pool, plus (c)(I) three times (II) (x) the aggregate Outstanding Balance of all Receivables in the Receivables Pool with stated maturities which are more than 60 days but less than or equal to 90 days after the original invoice date of such Receivable, divided by (y) the aggregate Outstanding Balance of all Receivables in the Receivables Pool; provided, however, that the following amounts shall be excluded from the forgoing computation (i) the aggregate Outstanding Balance of all Receivables then in the Receivables Pool with stated maturities which are more than 90 days, (ii) the aggregate Outstanding Balance of all Receivables then in the Receivables Pool with stated maturities which are more than 30 days but less than or equal to 60 days after the original invoice date of such Receivable, (iii) the aggregate Outstanding Balance of all Receivables then in the Receivables Pool with stated maturities which are more than 60 days but less than or equal to 90 days after the original invoice date of such Receivable and (iv) the aggregate Outstanding Balance of all Receivables then in the Receivables Pool which are Delinquent Receivables.
Weighted Average Credit Terms means, for any Monthly Period, the weighted average remaining terms to the stated maturities of all Receivables owned by the Borrower during such Monthly Period (excluding, without duplication, Delinquent Receivables, Defaulted Receivables and Receivables with original stated maturities greater than three hundred sixty (360) days)).
Weighted Average Credit Terms means, for any Calculation Period of determination, the weighted average of payment terms granted in invoices for Receivables generated during such Calculation Period.
Weighted Average Credit Terms means, for any Monthly Period, the weighted average of the original stated maturities of all Receivables owned by the Borrower during such Monthly Period (excluding, without duplication, Delinquent Receivables, Defaulted Receivables and Receivables with original stated maturities greater than one hundred eighty (180) days)).
Weighted Average Credit Terms means the sum of (a) the product of (i) the percentage used to calculate the Excess Extended Term A Concentration Amount times (ii) 150 plus (b) the product of (i) the percentage used to calculate the Excess Extended Term B Concentration Amount times (ii) 180 plus (c), without duplication, the product of (i) 87.5% times (ii) the weighted average of payment terms granted in invoices for Receivables outstanding as of such periodic calculation date as reported by each reporting Originator or if not reported, the maximum credit terms outlined for such Originator in clause (u) of the definition of “Eligible Receivable” or if no maximum is defined for such Originator, 120.
Weighted Average Credit Terms means the greater of (a) 60 and (b) the weighted average of payment terms granted in invoices for Receivables outstandings as of such periodic calculation date as reported by Sunbeam Products, Inc., a Delaware corporation, The Coleman Company, Inc., a Delaware corporation, Pure Fishing, Inc., an Iowa corporation, and Rawlings Sporting Goods Company, Inc., a Delaware corporation.
Weighted Average Credit Terms means, for any Calculation Date, the weighted average of payment terms granted