Collection Value definition
Collection Value means, with respect to each Eligible Account, the amount determined by the Agent in its reasonable credit judgment to be the amount likely to be paid by the Account Debtor on such Account.
Examples of Collection Value in a sentence
The aggregate Warranted Collection Value of the Substitute Receivable shall be equal to or greater than that of the Ineligible Receivable.
The Assignment shall also specify the Warranted Collection Value for a Batch.
An amount equal to the Advance Rate multiplied by the Warranted Collection Value.
The Periodic Summary shall also set forth the Warranted Collection Value for Batches purchased during that period reduced by the amount of any Ineligible Receivables reassigned to Provider during that period or any other amounts set off by Purchaser under the terms hereof.
The balance of the Warranted Collection Value of a Purchased Receivable or Purchased Batch unpaid from time to time.