Dilution Period definition

Dilution Period means as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date), the quotient of (i) the product of (A) the aggregate Principal Amount of Receivables that were originated by the Seller during the Settlement Period preceding such earlier Settlement Report Date and (B) the Dilution Horizon Factor and (ii) the Aggregate Receivables Amount as of the last day of the Settlement Period preceding such earlier Settlement Report Date.

Dilution Period means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, the quotient of (i) the product of (A) the aggregate Principal Amount of Receivables which were originated by the Sellers during the Settlement Period immediately preceding such earlier Settlement Report Date and (B) the Dilution Horizon Factor then in effect and (ii) the Aggregate Receivables Amount as of the last day of the Settlement Period preceding such earlier Settlement Report Date.

Dilution Period means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, the quotient of (i) the product of (A) the aggregate Principal Amount of the Receivables that were contributed by the Contributor to the Company (and in which thereafter a Participation and security interest were granted by the Company to the Trust), as applicable during the Settlement Period immediately preceding such earlier Settlement Report Date and (B) the Dilution Horizon Factor as of such Settlement Report Date and (ii) the Aggregate Receivables Amount as of the last day of the Settlement Period immediately preceding such earlier Settlement Report Date.

Examples of Dilution Period in a sentence

• The provisions of this Section 3(f) shall apply if the Issuer during the Anti- Dilution Period, shall (a) issue any securities convertible into or exchangeable for, directly or indirectly, Common Stock (“Convertible Securities”), other than the Series A Preferred Stock, or (b) issue or sell any rights or warrants or options to purchase any such Common Stock or Convertible Securities (collectively, the “Common Stock Equivalents”).

• Additionally, during the Dilution Period, the Company shall not offer any Ordinary Shares or securities convertible into or exercisable for Ordinary Shares at an offering price less than $4.00 per share except for Exempt Issuances (as defined below).

• MLR = Minimum Loss Reserve; a = the average of the Dilution Ratio during the period of the twelve consecutive Settlement Periods ending prior to such earlier Monthly Settlement Report Date; b = the Dilution Period; and c = 12 %.

• The definition of Dilution Period set forth in Schedule A to the Agreement is hereby deleted.

• Additionally, during the Dilution Period, the Company shall not offer any Ordinary Shares or securities convertible into or exercisable for Ordinary Shares at an offering price less than $3.00 per share except for Exempt Issuances (as defined below).

More Definitions of Dilution Period

Dilution Period means, on any day, a number equal to a fraction, the numerator of which is the product of (i) the sum of all Receivables which arose during the Settlement Period immediately preceding such day and (ii) DSO divided by 30 and the denominator of which is the Net Receivables Balance.

Dilution Period means, on any Monthly Report Date and continuing until (but not including) the next Monthly Report Date, a number equal to a fraction, the numerator of which is equal to the product of (i) the aggregate amount of sales giving rise to Receivables during the Monthly Settlement Period immediately preceding such Monthly Report Date and (ii) DSO divided by 30, and the denominator of which is the Net Receivables Balance as of the end of such Monthly Settlement Period.

Dilution Period means, as of any Monthly Reporting Date and continuing until (but not including) the next Monthly Reporting Date, a number equal to a fraction, the numerator of which is the product of (i) the sum of all sales (in Dollars or the Dollar Equivalent) which gave rise to Receivables during the Calculation Period immediately preceding such earlier Monthly Reporting Date and (ii) (x) the greater of Days Sales Outstanding for such earlier Monthly Reporting Date and 60, divided by (y) 30, and the denominator of which is the Net Receivables Balance as of the last day of the Calculation Period immediately preceding such earlier Monthly Reporting Date.

Dilution Period means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, the quotient of (i) the product of (A) the aggregate Principal Amount of Receivables that were initially billed by the Seller during the Settlement Period preceding such earlier Settlement Report Date and (B) the Dilution Horizon Factor and (ii) the aggregate Principal Amount of all Eligible Receivables billed to Designated Obligors in the Trust as of the last day of the Settlement Period preceding such earlier Settlement Report Date, computed solely with respect to Receivables of Designated Obligors.

Dilution Period means (i) with respect to the initial Dilution Period, the period beginning on the Effective Time and ending upon the first Dilution Reference Date thereafter and (ii) with respect to all subsequent Dilution Periods, the period beginning on the day following the immediately preceding Dilution Reference Date and ending on the immediately following Dilution Reference Date.

Dilution Period with respect to any Diluted Receivable, the number of days from the date on which such Diluted Receivable was invoiced by the Originator to the date on which a Deemed Collection occurs.

Dilution Period means, on any date of determination during a Reporting Period, an amount equal to the quotient of