Debtor Limit definition

Debtor Limit means at any time in relation to a Debtor (other than a Special Debtor) the maximum proportion that such Debtor's Receivables may form relative to the Principal Amount Outstanding, as determined in accordance with such Debtor's rating as set out in the following table.
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Debtor Limit means the aggregate amount of the Receivables from the Debtor as approved by Deutsche Bank;
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Debtor Limit means, at any time:
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Examples of Debtor Limit in a sentence

  • The Protected Debtor Limit may not be increased to accommodate new goods or services while there are still amounts outstanding for which the Due Date has been extended.

  • The Protected Debtor Limit is the Protected Debtor protected exposure limit approved by us for each Protected Debtor for the purposes of this Debtor Protection Supplement.

  • Book Debts that are disputed by the Protected Debtor in writing shall not be reported, unless the unpaid disputed amount is more than ten percent (10%) of the Protected Debtor Limit.

  • You shall obtain a limit from the e-bonded system or a written Protected Debtor Limit for each Protected Debtor from whom the maximum amount outstanding at any given time is expected to exceed the Minimum Retention.

  • This facility covers Protected Book Debts relating to Supply Contracts with Protected Debtors where a Protected Debtor Limit has been obtained on the e-bonded system or otherwise in accordance with procedures specified by us from time to time.

  • Up to 95% unless otherwise specified in a Debtor Limit Advice issued in respect of the relevant Debtor.

  • The event (if any) specified as such in the Debtor Limit Advice issued by the Bank in respect of the relevant Debtor.

  • Debtor Limit: The maximum amount available to fund purchases of Receivables against a particular Debtor.

  • Any Discretionary Debtor Limit becomes effective unless GE CAPITAL objects to it without undue delay.

  • Debtor Limit established and modified by declaration of the ORIGINATOR vis-à-vis GE CAPITAL in accordance with clause 7.2 and within the extent set out in schedule 1 (Terms and Conditions).