Common use of Percentages Clause in Contracts

Percentages. Burdale may from time to time, following prior consultation with the Company: (a) reduce the Purchase Price and/or the Total Receivables Availability to the extent that the Dilution Rate has increased; (b) reduce the Total Stock Availability (or any component of it) to the extent that: (i) the number of days of the turnover of the Stock for any period has changed in any material respect; or (ii) the liquidation value of the Eligible Stock, or any category of Eligible Stock, has decreased; or (iii) the nature and quality of the Stock has deteriorated; and (iv) there is any change in seasonality with respect to Stock and patterns of sales after today’s date; or (v) there is any reduction in the Facility Limit pursuant to Clause 7.7.

Appears in 1 contract

Sources: Facility Agreement (Haynes International Inc)

Percentages. Burdale may from time to time, following prior consultation with the Company: (a) reduce the Purchase Price and/or the Total Receivables Availability to the extent that the Dilution Rate has increased; (b) reduce the Total Stock Availability (or any component of it) to the extent that: (i) the number of days of the turnover of the Stock for any period has changed in any material respect; or (ii) the liquidation value of the Eligible Stock, or any category of Eligible Stock, has decreased; or (iii) the nature and quality of the Stock has deteriorated; and (iv) there is any change in seasonality with respect to Stock and patterns of sales after today’s 's date; or (v) there is any reduction in the Facility Limit pursuant to Clause 7.7.

Appears in 1 contract

Sources: Facility Agreement (Haynes International Inc)

Percentages. Burdale may from time to time, following prior consultation with the Company: (a) reduce the Purchase Price and/or the Total Receivables Availability to the extent that the Dilution Rate has increased; (b) reduce the Total Stock Availability (or any component of it) to the extent that: (i) the number of days of the turnover of the Stock for any period has changed in any material respect; or (ii) the liquidation estimated restricted realisation value of the Eligible Stock, or any category of Eligible Stock, has decreased; or (iii) the nature and quality of the Stock has deteriorated; and (iv) there is any change in seasonality with respect to Stock and patterns of sales after today’s 's date; or (v) there is any reduction in the Facility Limit pursuant to Clause 7.77.6.

Appears in 1 contract

Sources: Facility Agreement (Atchison Casting Corp)