Net Eligible Receivables definition

Net Eligible Receivables means, at any time, (a) the Adjusted Eligible Receivables, minus (b) the then aggregate amount of all Class B Excess Concentration Balances with respect to all Obligors.

Net Eligible Receivables means, on any date of determination, the aggregate Outstanding Balance of all Eligible Receivables at such time less the Allowance for Volume Incentives at such time.

Net Eligible Receivables means, at any time, the positive difference of (a) the Concentration Adjusted Eligible Receivables, minus (b) the sum of (i) the aggregate amount paid by Obligors to the Sellers in respect of any "cash in advance" or "cash on account" arrangement included in the calculation of the Concentration Adjusted Eligible Receivables and which has not been applied against goods shipped to such Obligors, plus (ii) the PACA Amount with respect to Receivables other than Tricon Receivables, plus (iii) the aggregate amount of sales tax included in the calculation of the Concentration Adjusted Eligible Receivables, plus (iv) the aggregate amount of royalties, advertising fees or marketing fees included in the calculation of the Concentration Adjusted Eligible Receivables, plus (v) the aggregate rebilled amount of all Debit Memos included in the calculation of the Concentration Adjusted Eligible Receivables.

Examples of Net Eligible Receivables in a sentence

• Generally, the study showed that: majority of nurses had poor knowledge regarding care of elder patient, Year of experience in nursing profession and age of nurse participants had significant association with nurses’ knowledge toward care of elder patient, and Majority of nurses had poor practice toward care of elder patient.

• Each Receivable included in the Net Eligible Receivables Balance as an Eligible Receivable on the date of its purchase under the Receivables Sale Agreement was an Eligible Receivable on such purchase date and, as of the date of each Report or any other report delivered pursuant to Section 8.5 or Section 6.2(a)(ii), each Receivable included in the Net Eligible Receivables Balance on such Report or other report was an Eligible Receivable.

• Each Receivable (i) included as an Eligible Receivable in any Monthly Report (as defined in any Indenture Supplement) delivered by the Servicer pursuant to any Indenture Supplement or (ii) included in the calculation of the Net Eligible Receivables definition as set forth in any Indenture Supplement, in fact satisfies at the time of such delivery or inclusion the definition of Eligible Receivable.

• Seller has determined that, immediately after giving effect to each purchase hereunder, the Net Eligible Receivables Balance is equal to or greater than the sum of (i) the Aggregate Capital, plus (ii) the Aggregate Reserves.

• The Contractor shall ensure the electronic drawings are in compliance with the VAFB CAD Standards.

More Definitions of Net Eligible Receivables

Net Eligible Receivables means, for any Business Day an amount equal to (a) the Aggregate Eligible Receivables at the end of the prior Business Day, minus (b) the then aggregate amount of all Excess Concentration Balances with respect to all Obligors at the end of such prior Business Day minus (c) Unapplied Cash, minus (d) Potential Early Pay Discounts minus (e) the B&H Reserve.

Net Eligible Receivables for purposes of this definition shall mean the Eligible Receivables net of reserves as determined by Lender with reference to the most recent Borrowing Certificate, other factors deemed relevant by Lender and otherwise in accordance with the Agreement; provided, however, that if, as of the date of determination, the most recent Borrowing Certificate is of a date more than four (4) Business Days before or after such date, the Borrowing Base shall be determined by Lender in its sole discretion; provided, further, the eighty five percent (85%) factor identified above may be modified by Lender to the extent that reserves do not fully reflect the risks associated with the expected collectability of Eligible Receivables. Any such adjustment to the percentage factor set forth above shall be made by Lender as warranted by Lender’s underwriting practices and procedures in its Permitted Discretion and shall be based on Lender’s due diligence and audits; plus

Net Eligible Receivables means, at any time, (a) the aggregate Outstanding Balance of all Eligible Receivables, minus (b) the then aggregate amount of all Excess Concentration Balances.

Net Eligible Receivables. AMOUNT shall mean the sum of the following amounts:

Net Eligible Receivables means, at any time, the positive difference of (a) the Adjusted Eligible Receivables, minus (b) the sum of (i) the aggregate amount paid by Tricon to the Sellers in respect of any "cash in advance" or "cash on account" arrangement and which has not been applied against goods shipped to such Obligors, plus (ii) the PACA Amount with respect to Tricon Receivables, plus (iii) the aggregate amount of sales tax included in the Unpaid Balances of the Tricon Receivables, plus (iv) the aggregate amount of royalties, advertising fees or marketing fees included in the calculation of the Unpaid Balances of the Tricon Receivables, plus (v) the aggregate rebilled amount of all Debit Memos included in the calculation of the Unpaid Balances of the Tricon Receivables, plus (vi) the aggregate of amounts payable by Sellers in respect of the "SmartSource" program.

Net Eligible Receivables means, at any time, the then aggregate Unpaid Balance of all Eligible Receivables at such time, MINUS the sum of (a) the then aggregate amount of all Excess Concentration Balances with respect to all Obligors at such time and (b) the dollar amount of any Adverse Claims then outstanding, other than Permitted Adverse Claims of the type described in clauses (i), (iv) or (v) of the definition thereof or any other Permitted Adverse Claim relating to the payment of amounts described in the definition thereof which are not yet due and payable and which have been fully bonded. For purposes of calculating Net Eligible Receivables, all Collections which have been received but have not been applied to any specific Receivables will be presumed to be Collections of Eligible Receivables.

Net Eligible Receivables means, for any Business Day, the Aggregate Eligible Receivables at the end of the prior Business Day, minus the sum of the aggregate Unpaid Balance of Eligible Receivables for any Obligor at the end of the prior Business Day in excess of the applicable Concentration Limit for such Obligor at the end of such prior Business Day.