Credit Card Advance Rate definition

Credit Card Advance Rate means 90%.
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Credit Card Advance Rate means ninety percent (90%).
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Credit Card Advance Rate means 85%.
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Examples of Credit Card Advance Rate in a sentence

  • The face amount of Eligible Credit Card Receivables multiplied by the Credit Card Advance Rate.

  • The lesser of (a) the face amount of Eligible Credit Card Receivables MULTIPLIED BY the Credit Card Advance Rate, or (b) until the obligations under the Hilco Agreement are paid in full, $500,000.

  • The Agents, the Lenders and the Loan Parties acknowledge that: The Accounts (including Private Label Receivables other than Ineligible Private Label Receivables) of the Xxxxxxx Group acquired by the Borrower shall be deemed Eligible Credit Card Receivables (to the extent all of the other criteria of the definition of Eligible Credit Card Receivables are satisfied) and the advance rate therefor shall be the Credit Card Advance Rate.

  • The Credit Card Advance Rate of the face amount of Eligible Credit Card Receivables.

  • The lesser of (a) face amount of Eligible Credit Card Receivables multiplied by the Credit Card Advance Rate, or (b) $500,000.00.


More Definitions of Credit Card Advance Rate

Credit Card Advance Rate means eighty-five percent (85%).
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Credit Card Advance Rate means ninety percent (90%);
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Credit Card Advance Rate means the percentage set forth in Section 1(b)(i) of Annex I.
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Credit Card Advance Rate means the lesser of (x) 10% and (y) 100%, minus the ABL Credit Card Advance Rate.
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Credit Card Advance Rate. Eighty-five percent (85%).
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Credit Card Advance Rate means 100%.
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Credit Card Advance Rate means 80%.
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