Common use of Net Portfolio Balance Clause in Contracts

Net Portfolio Balance. Both as of the date hereof and immediately after giving effect to this Amendment and the Assignment Agreement, the sum of the Purchasers’ Total Investment and the Required Reserves do not exceed the Net Portfolio Balance.

Appears in 1 contract

Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)

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Net Portfolio Balance. Both as of the date hereof and immediately after giving effect to this Amendment and the Assignment AgreementFee Letter, the sum of the Purchasers’ Total Investment and the Required Reserves do not exceed the Net Portfolio Balance.

Appears in 1 contract

Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)

Net Portfolio Balance. Both as of the date hereof and immediately after giving effect to this Amendment and the Assignment AgreementRSA Amendment, the sum of the Purchasers’ Total Investment and the Required Reserves do not exceed the Net Portfolio Balance.

Appears in 1 contract

Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)

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Net Portfolio Balance. Both as of the date hereof and immediately after giving effect to this Amendment and the Assignment AgreementFee Letter, the sum of the Purchasers’ Total Investment and the Required Reserves do not exceed the Net Portfolio Balance. SECTION 4.

Appears in 1 contract

Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)

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