Dilution Horizon means, for any calendar month, the ratio (expressed as a percentage and rounded to the nearest 1/100th of 1%) computed as of the last day of such calendar month of: (a) the aggregate credit sales made by all the Originators during the two most recent calendar months, to (b) the Net Receivables Pool Balance at the last day of such calendar month.
Dilution Horizon means in relation to any Pool Receivable the number of days from the date on which such Pool Receivable was created to the date on which a Dilution Adjustment with respect to such Pool Receivable is issued by the Originator. Dilution Horizon relating to invoices where the entire invoice balance has been cancelled or credited and a rebilled invoice subsequently issued for the same item (together called “credit and re-bills”) shall mean the number of days from the date on which the invoice reflecting such Pool Receivable was first created to the date of the re-billed invoice.
Dilution Horizon means the ratio (expressed as a percentage) computed as of the last day of each calendar month by dividing (i) the aggregate Outstanding Balance of all Receivables acquired by the Transferor during the calendar month preceding such calendar month by (ii) the Net Receivables Balance as of such last day of such calendar month.
Examples of Dilution Horizon in a sentence
Specific Dilution Percentage, and (b) the sum of (i) cumulative Gross New Receivables in the most recent two fiscal months, and (ii) if the Specific Dilution Horizon is greater than 60 days, Gross New Receivables in the fiscal month that is two months prior to the current fiscal month.
Study coordinator will instruct patients about the use of laxatives, suppositories, and enemas (refer toAppendix II).
On any date of determination, computed as of the most recent Cut-Off Date, the product of (a) the sum of (i) the product of (A) the Stress Factor times (B) the Adjusted Dilution Ratio plus (ii) the Dilution Volatility Component times (b) the Dilution Horizon Ratio.
The product of (i) the sum of (A) the product of (x) 2 and (y) the Adjusted Dilution Ratio plus (B) the Dilution Volatility Component and (ii) the Dilution Horizon Ratio.
The sum of (i) 8.0% and (ii) the product of the Adjusted Dilution Ratio times the Dilution Horizon Ratio.
More Definitions of Dilution Horizon
Dilution Horizon means the number of days from the invoicing of a Receivable until a Dilution Adjustment with respect to such Receivable is issued by the Seller or the Seller receives notice that a Dilution Adjustment will have to be issued in respect of such Receivable.
Dilution Horizon. For any day, the weighted average credit memo lag, in days, set forth in the most recent review conducted pursuant to the provisions of Section 7.1(c).
Dilution Horizon means, at any time, the estimated weighted average period in days between the issuance of invoices and the related credit note, if any, by the Programme Sellers, as such period is calculated by the Operating Agent from time to time.
Dilution Horizon means, for any calendar month, the ratio (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/l000th of 1% rounded upward) computed as of the last day of such calendar month of: (a) the sum of (x) the aggregate initial Outstanding Balance of all Pool Receivables originated by the Originators during the most recent calendar month plus (y) the product of 0.25 and the aggregate initial Outstanding Balance of all Pool Receivables originated by the Originators during the second most recent calendar month to (b) the Net Receivables Pool Balance at the last day of the most recent calendar month.
Dilution Horizon means, for any fiscal month, the ratio (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/l000th of 1% rounded upward) computed as of the last day of such fiscal month of: (a) the Gross New Receivables (excluding all Gross New Receivables the Obligors of which are federal, state or local governments, instrumentalities, subdivisions, affiliates, or agencies thereof) made by the Originator during the most recent fiscal month to (b) the Net Receivables Pool Balance at the last day of the most recent fiscal month.
Dilution Horizon means, with respect to any type of Dilution Factor, the number indicated opposite such type of Dilution Factor on Exhibit G; provided, that the Buyers may at any time, in their reasonable discretion, change the Dilution Horizon for any type of Dilution Factor through the delivery by the Administrative Agent to the Seller of an amended Exhibit G.
Dilution Horizon means the number one (1) (or such other number reasonably determined by the Agent from time to time following any audit performed pursuant to clause (h) of Exhibit IV and/or any other time in consultation with the Sellers or the Servicers, in each case determined based upon the performance of the Receivables Pool).