Adjusted Receivables Amount definition

Adjusted Receivables Amount means, as of any date of determination, the greater of (a) the aggregate net book value of all Excluded Receivables minus $75,000,000, and (b) $0.
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Adjusted Receivables Amount shall be as defined in the First Lien Agreement as currently in existence; provided, however, that subsequent to the First Priority Obligations Payment Date, the actions which the First Priority Agreement as currently in existence contemplates being taken by the First Priority Agent with regard to “Eligible Receivables” and “Acceptable Obligors” (each as defined in the First Lien Agreement) will be taken by the Administrative Agent.
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Adjusted Receivables Amount means as of any determination date the sum of (x) aggregate amount of Eligible Receivables then in existence (after making the present value discount contemplated by the definition “Eligible Receivables”) from Acceptable Obligors plus (y) Eligible Receivables from obligors which are not Acceptable Obligors not in excess of $1,000,000 per obligor and $20,000,000 in the aggregate for all such receivables from obligors which are not Acceptable Obligors.
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More Definitions of Adjusted Receivables Amount

Adjusted Receivables Amount means, as of any date of determination, the greater of (a) the aggregate net book value of all Excluded Receivables minus
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Related to Adjusted Receivables Amount

  • Liquidated Receivable means any Receivable liquidated by the Servicer through the sale or other disposition of the related Financed Equipment or that the Servicer has, after using all reasonable efforts to realize upon the Financed Equipment, determined to charge off without realizing upon the Financed Equipment.

  • Weighted Reference Asset Return means for each Reference Asset contained in the Reference Portfolio and on any day, the product of (i) the Reference Asset Return and (ii) the Reference Asset Weight.

  • Qualified Receivables Transaction means any transaction or series of transactions that may be entered into by the Company or any of its Subsidiaries pursuant to which the Company or any of its Subsidiaries may sell, convey or otherwise transfer to:

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Invested Amount less the Principal Funding Account Balance on such date of determination.

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of