Debtor Concentration Retention definition

Debtor Concentration Retention means an amount of Retention equivalent to 100% of the value of so much of the Approved Debts owing at any time by a Debtor which exceeds the Debtor Concentration Limit for that Debtor. Save in respect of the Commonwealth of Australia, in determining Debtor Concentration Retention, the Bank may aggregate the Approved Debts owing by a Debtor and any Related Person or Entity thereof;