Group D Obligor Percentage definition

Group D Obligor Percentage means, at any time, for each Group D Obligor: (a) the aggregate Outstanding Balance of the Eligible Receivables of such Group D Obligor less any Excess Concentrations of such Obligor, divided by (b) the aggregate Outstanding Balance of all Eligible Receivables at such time.
Group D Obligor Percentage means, at any time, for each Group D Obligor: (a) the aggregate Outstanding Balance of the Eligible Receivables of such Group D Obligor less any Excess Concentrations of such Obligor, divided by
Group D Obligor Percentage means, at any time, for each Group D Obligor: (a) the total Eligible Receivables of such Group D Obligor less any Excess Concentrations of such Obligor; PROVIDED, that, with respect to any Group D Obligor that is a Letter of Credit Obligor, the lesser of: (i)the amount of the Letter of Credit issued for such Letter of Credit Obligor and (ii)the total Eligible Receivables of such Letter of Credit Obligor, shall not be included, DIVIDED BY (b) the aggregate Eligible Receivables at such time.

More Definitions of Group D Obligor Percentage

Group D Obligor Percentage means, at any time, for each Group D Obligor: (a) the aggregate Outstanding Balance of the Eligible Receivables of such Group D Obligor less any Excess Concentrations of such Obligor, divided by (b) the aggregate Outstanding Balance of all Eligible Receivables at such time. "Impermissible Qualification" means, relative to the opinion or certification of any independent public accountant as to any financial statement of Seller, Sequa, each Originator or each other Subsidiary or Affiliate of Sequa, any qualification or exception to such opinion or certification:

Related to Group D Obligor Percentage

  • Obligor Percentage means, at any time of determination, for each Obligor, a fraction, expressed as a percentage, (a) the numerator of which is the aggregate Outstanding Balance of the Eligible Receivables of such Obligor less the amount (if any) then included in the calculation of the Excess Concentration with respect to such Obligor and (b) the denominator of which is the aggregate Outstanding Balance of all Eligible Receivables at such time.

  • Group D Obligor means any Obligor that is not a Group A Obligor, Group B Obligor or Group C Obligor.