Accounts Advance Rate means up to eighty-five percent (85%), or such lesser rate as the Lender in its sole discretion may deem appropriate from time to time.

Accounts Advance Rate means the percentage set forth in Section 1(b)(i) of Schedule A.

Accounts Advance Rate means up to eighty-five percent (85%), or such lesser rate as the Lender in its sole discretion may deem appropriate from time to time; provided that, as of any date of determination, the Accounts Advance Rate shall be reduced by one (1) percentage point for each percentage by which Dilution is in excess of four percent (4.0%).

Examples of Accounts Advance Rate in a sentence

Accounts Advance Rate - 85% of Borrower's acceptable and eligible accounts receivable within 90 days from invoice date, and provided that the dilution percentage does not exceed 5%.
In addition, Section 1.1 of the Credit Agreement is amended by adding or amending, as the case may be, the following definitions: "Accounts Advance Rate" means up to eighty-five percent (85%), or such lesser rate as the Lender in its sole discretion may deem appropriate from time to time; provided that, as of any date of determination, the Accounts Advance Rate shall be reduced by one (1) percentage point for each percentage by which Dilution is in excess of 5%.
As to each of the DSD Division and the Brand Division respectively, 85%; provided, as to each Accounts Advance Rate, that if Dilution exceeds 3%, Lender may, at its option (A) reduce such advance rate by the number of full or partial percentage points comprising such excess or (B) establish a Reserve on account of such excess (the “Dilution Reserve”).
Storage, tables, shelves, chairs, high stool(depending on the m² booked).
Accounts Advance Rate - 85% of Borrower's acceptable and eligible accounts receivable and provided that the dilution percentage does not exceed 6%.

More Definitions of Accounts Advance Rate

Accounts Advance Rate means the percentage set forth in Section 1(b)(i) of Annex I.

Accounts Advance Rate means (a) for Tranche A Loans, 90%, and (b) for Tranche A-1 Loans, 95%.

Accounts Advance Rate means the percentage set forth in Section 1(b)(iii) of Annex I.

Accounts Advance Rate is defined in Section 2.1 of Schedule B.

Accounts Advance Rate shall have the meaning set forth in Section 2.1(a)(i) hereof.

Accounts Advance Rate means 85.0%.

Accounts Advance Rate means a percentage established by Lender, which shall be 85% as of the date of this Agreement, and which may be increased or decreased by Lender from time to time in the exercise of its discretion.