Examples of Eligible Pool Balance in a sentence
Each Receivable included as an Eligible Receivable in the calculation of the Net Eligible Pool Balance as of any date is an Eligible Receivable as of such date.
The amount of the Servicing Fee which the Checx-Xxxxxx shall be entitled to receive on each Settlement Date xxxxxx the Usage Period and on the Usage Period Maturity Date shall be determined by multiplying (i) the average Eligible Pool Balance during the prior Monthly Period multiplied by (ii) 1.00% multiplied by (iii) 1/12 (pro rated in the case of the Usage Period Maturity Date).
UK shall furnish to the Agent any information that the Agent may reasonably request regarding the determination and calculation of the Eligible Pool Balance including copies of any invoices, underlying agreements, instruments or other documents and the identity of the Account Debtors in respect of Receivables referred to therein.