Customer Deposit Reserve means a reserve established by the Administrative Agent in connection with customer deposits in respect of motor vehicles that have not been delivered to such customers, as adjusted from time to time by the Administrative Agent in its Permitted Discretion.
Customer Deposit Reserve means, at any time, a reserve equal to 25% of the aggregate amount of deposits paid by customers of any Loan Party for the purchase of goods.
Customer Deposit Reserve as of any measurement date, a reserve equal to the aggregate amount of deposits paid by the customers of any Borrower for the purchase of goods. CWA: the Clean Water Act (33 U.S.C. §§ 1251 et seq.).
Examples of Customer Deposit Reserve in a sentence
Reserve: the CAI Availability Reserve, the CCI Availability Reserve and their respective component parts including, without limitation, the Inventory Reserve, Rent and Charges Reserve, Bank Product Reserve, Sales Tax Reserve, Gift Card Reserve, and Customer Deposit Reserve.
Annual Appraised NOLV 0.0 % 90.0 % Appr NOLV * 90% 0.0 % Inventory Availability Before Reserves — Less: Gift Certificates (30%) 30.0 % — Merchandise Credits (30%) 30.0 % — Customer Deposit Reserve (30.0%) 30.0 % — Rent Reserve (1 month rent PA, VA, WA) # Total Availability Reserves — Inventory Availability — Credit Card Receivables Eligible Credit Card Receivables 90 % — Total Inventory and Credit Card Receivables Availability — Total Loan Cap 400,000,000 Total Borrowing Base — GameStop Corp.
After reforming these anaesthesiologist need to be monitored for absenteeism and their professional behaviour should be observed.
Customer Deposit Reserve: as of any measurement date, a reserve equal to the aggregate amount of deposits paid by the customers of any Borrower for the purchase of goods.
More Definitions of Customer Deposit Reserve
Customer Deposit Reserve for any Borrower means a reserve against Eligible Inventory in an amount equal to the product of (A) the positive excess, if any, of (w) deposits by customers of such Borrower and its Wholly-Owned Domestic Subsidiaries (other than Inactive Subsidiaries) for the future purchase of Inventory over (x) ineligible Accounts of such Borrower and its Wholly-Owned Domestic Subsidiaries (other than Inactive Subsidiaries) under Section 1.7(j) with respect to such customers for such deposits (to the extent actually determined and deducted from Eligible Accounts of such Borrower and its Wholly-Owned Domestic Subsidiaries (other than Inactive Subsidiaries)) and (B) the percentage equal to (y) 100% minus (z) the Gross Margin for the Borrowers and their Subsidiaries for the most recent trailing twelve-month period for which monthly financial statements are available on or prior to the date of determination.
Customer Deposit Reserve means, as of any date of determination, a reserve for deposits received by Borrowers from its customers from time to time for services to be rendered or goods to be delivered in an amount as shall be determined by Lender in its Permitted Discretion from time to time on or after the Closing Date.
Customer Deposit Reserve means, at any time of determination, with respect to any customer order for goods for which a customer deposit has been paid to any Loan Party, an amount equal to 100% of the aggregate amount needed to fulfill all such customer orders, but excluding the cost of Inventory on hand which has been recognized as “committed” or “sold” on the books and records of the Loan Parties in connection with such order and is treated for all purposes by as having been committed or sold.
Customer Deposit Reserve for any Borrower means a reserve against Eligible Inventory in an amount equal to the product of (A) the positive excess, if any, of (w) deposits by customers of such Borrower and its Wholly-Owned Domestic Subsidiaries for the future purchase of Inventory over (x) ineligible Accounts of such Borrower and its Wholly-Owned Domestic Subsidiaries under Section 1.7(j) with respect to such customers for such deposits (to the extent actually determined and deducted from Eligible Accounts of such Borrower and its Wholly-Owned Domestic Subsidiaries) and (B) the percentage equal to (y) 100% minus (z) the Gross Margin for the Borrowers and their Subsidiaries for the most recent trailing twelve-month period for which monthly financial statements are available on or prior to the date of determination.
Customer Deposit Reserve means, as of any date of determination, a reserve in an amount equal to the Dollar amount of deposits that have been received by Parent or Borrower from their customers for goods that have yet to be delivered.
Customer Deposit Reserve means, on any date of determination, an amount equal to the greater of (i) $0, and (ii) the remainder of (a) the aggregate amount of all Customer Deposits held by Borrower on such date, minus (b) the value of all Customer Deposit Inventory on such date (determined on the basis of the lower of cost or market value of such Inventory, with the cost thereof calculated on a first-in, first-out basis), as such reserve amount may be adjusted from time to time in Lender's sole discretion.
Customer Deposit Reserve means, at any time of determination by Agent, from time to time an amount equal to (a) 75% of customer deposits aged thirty (30) days or less of Storehouse at any time that Borrowing Availability is $10,000,000 or greater and (b) 100% of customer deposits aged thirty (30) days or less of Storehouse (i) at any time that Borrowing Availability is less than $10,000,000 or (ii) at any time after January 20, 2006, in the event that the Borrowers have not received the Equity Commitment on or prior to such date.