Advance Rate. The Advance Rate may be increased or decreased by agreement of the Borrowers and the Lender.
Advance Rate. ORIX may, from time to time, modify the Advance Rate, in its good faith business judgment, upon notice to the Borrower, based on changes in collection experience with respect to Accounts or other issues or factors relating to the Accounts or other Collateral.
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Advance Rate. The percentage of the total value of Eligible Accounts, Eligible Inventory, Eligible Export-Related Accounts, Eligible Export-Related Inventory, or Other Collateral Bank will lend to Borrower, as set forth in Section DD.02.
Advance Rate. The Seller will not increase its advance rate with respect to Receivables (i) to an amount in excess of 75% of the annualized first-year commissions at the point of sale, less a holdback of 15% for chargebacks, for Persons engaged by Seller's Advance Benefit Concepts division, (ii) to an amount in excess of 75% of the annualized first-year commissions at the point of policy issuance with respect to Xxxxxxx and any agent of Pioneer Life assigned to Xxxxxxx, (iii) to an amount in excess of 80% of the annualized first-year commissions at the point of policy issuance with respect to any CNL Managing General Agent or any agent of any CNL Managing General Agent, or (iv) to an amount in excess of 100% of the annualized first-year commissions at the point of policy issuance for Persons other than those referred to in clauses (i), (ii) and (iii) of this subsection and the Seller will not make any advances against renewal commissions without the consent of the Buyer. The Seller will not make any advances with respect to Receivables prior to the point of submission of policy application or the point of policy issuance, as applicable and as set forth in this subsection 5.2(f).
Advance Rate. The “Advance Rate” means
Advance Rate. The Bank will not make any extension of credit if, as a result, the Outstanding Balance would exceed the Borrowing Base.
Advance Rate up to 85% of the gross face amount of each Eligible Account purchased under this Agreement that was funded to Seller in advance of its due date. Purchaser may adjust the Advance Rate upward or downward at any time, in its sole discretion.
Advance Rate. Except to the extent subject to another interest rate pursuant to subsections (c), (d) or (e) below, all Advances shall bear interest at a rate per annum equal to (Insert Accepted Proposal) plus the Applicable Margin determined in accordance with the table set forth in subsection (a) above.
Advance Rate. The advance shall be in an amount not exceeding: (i) if the Debt Service Coverage Ratio is less than 1.20:1.00, 80% of the invoiced amount for equipment to be purchased from the proceeds of such advance or (ii) if the Debt Service Coverage Ratio is greater than 1.20:1.00, 100% of such amount.