Account Debtor Concentration Limit definition
Account Debtor Concentration Limit means, at any time for any Account Debtor, the product of (i) 2.5% and (ii) the aggregate Unpaid Balance of the Eligible Receivables and Eligible Loans at the time of determination.
Account Debtor Concentration Limit means, at any time for any Account Debtor, the product of (i) 3.00% and (ii) the aggregate Unpaid Balance of the Eligible Receivables and Eligible Loans at the time of determination.
Examples of Account Debtor Concentration Limit in a sentence
In the case of any Account Debtor which is an Affiliate of any other Account Debtor, the Account Debtor Concentration Limit, the Account Debtor Concentration Overage Amount and the aggregate Unpaid Balance of Pool Receivables of such Account Debtors shall be calculated as if such Account Debtors were one Account Debtor.