Common use of Computation of Concentration Limits and Unpaid Balance Clause in Contracts

Computation of Concentration Limits and Unpaid Balance. The Obligor Concentration Limits, Special Concentration Limits and the aggregate Unpaid Balance of Pool Receivables of any Obligor and its Affiliated Obligors (if any) shall be calculated as if such Obligor and its Affiliated Obligors were one Obligor.

Appears in 2 contracts

Sources: Asset Interest Transfer Agreement (Westpoint Stevens Inc), Asset Interest Transfer Agreement (Westpoint Stevens Inc)