AR DEDUCTION definition

AR DEDUCTION means fifteen percent (15%) of the value of the Accounts Receivable purchased hereunder as adjusted pursuant to Section 3.3(c) below (the "AR DEDUCTION").

Examples of AR DEDUCTION in a sentence

  • The term "AR DEDUCTION" shall mean fifteen percent (15%) of the value of the Accounts Receivable purchased hereunder as adjusted pursuant to Section 3.3(c) below (the "AR DEDUCTION").