Applicable Maximum Purchaser Interest definition

Applicable Maximum Purchaser Interest means, at any time during (i) a Monthly Reporting Period, [95]%, (ii) a Weekly Reporting Period, [97]%, and (iii) a Daily Reporting Period, [100]%.

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Applicable Maximum Purchaser Interest means 100%.(38)

Applicable Maximum Purchaser Interest means the percentage as set forth in the schedule below based upon the Monthly Report Coverage Period then in effect.

Examples of Applicable Maximum Purchaser Interest in a sentence

Seller shall ensure that the Purchaser Interests of the Purchasers shall at no time exceed in the aggregate the Applicable Maximum Purchaser Interest.
Seller shall ensure that the Purchaser Interests of the Purchasers shall at no time exceed, in the aggregate, the Applicable Maximum Purchaser Interest.
The Seller shall ensure that the Purchaser Interests of the Purchasers shall at no time exceed in the aggregate the Applicable Maximum Purchaser Interest.
At no time prior to the Amortization Date shall Seller permit the aggregate Purchaser Interests to exceed the Applicable Maximum Purchaser Interest.
If the aggregate of the Purchaser Interests of the Purchasers exceeds the Applicable Maximum Purchaser Interest, the Seller shall pay to each Managing Agent for the account of the applicable Purchasers (ratably according to the aggregate Purchaser Interests of the Purchasers), within one (1) Business Day, an amount such that, after giving effect to such payment, the aggregate of the Purchaser Interests equals or is less than the Applicable Maximum Purchaser Interest.
Seller has determined that, immediately after giving effect to each purchase hereunder, the aggregate Purchaser Interests does not exceed the Applicable Maximum Purchaser Interest.
If the aggregate of the Purchaser Interests of the Purchasers exceeds the Applicable Maximum Purchaser Interest, Seller shall pay to the Administrative Agent, within one (I) Business Day, an amount such that, after giving effect to such payment, the aggregate of the Purchaser Interests equals or is less than the Applicable Maximum Purchaser Interest.

More Definitions of Applicable Maximum Purchaser Interest

Applicable Maximum Purchaser Interest means the percentage as set forth in the schedule below based upon the Monthly Report Coverage Period then in effect. Monthly Report Coverage Period Applicable Maximum Purchaser Interest January 95 % February 92.5 % March 85 % April 85 % May 100 % June 100 % July 100 % August 95 % September 95 % Monthly Report Coverage Period Applicable Maximum Purchaser Interest October 100 % November 100 % December 100 %

Applicable Maximum Purchaser Interest. Days Sales Outstanding Ratio," "Default Ratio," "Eligible Receivable", "Net Receivables Balance" and "Past Due Ratio" or (H) amend or modify any defined term (or any defined term used directly or indirectly in such defined term) used in clauses (A) through (G) above in a manner that would circumvent the intention of the restrictions set forth in such clauses; or

Applicable Maximum Purchaser Interest means (i) at any time during a Daily Reporting Period, 100%, and (ii) at any time during a Monthly Reporting Period or Weekly Reporting Period, the percentage as set forth in the schedule below based upon the Monthly Report Coverage Period then also in effect: -------------------------------------------------------------------------- ------------------------------ Applicable Maximum Monthly Report Coverage Period Purchase Interest ========================================================================== ============================== ========================================================================== ============================== Any Monthly Report Coverage Period which commences in the month of 100% January, February, March, April, May, September, October, November, or December -------------------------------------------------------------------------- ------------------------------ -------------------------------------------------------------------------- ------------------------------ Any Monthly Report Coverage Period which commences in the month of July 80% or August -------------------------------------------------------------------------- ------------------------------ -------------------------------------------------------------------------- ------------------------------ Any Monthly Report Coverage Period which commences in the month of June 75% -------------------------------------------------------------------------- ------------------------------

Applicable Maximum Purchaser Interest means 100%.