Per Customer Amount definition

Per Customer Amount means the aggregate amount of Receivables owed by each Customer to the Seller, net of the Receivables Reserve for such Customer.

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Examples of Per Customer Amount in a sentence

• All amounts paid by a Customer, whether paid to the Seller directly or remitted to the Purchaser and then paid to the Seller shall be credited against such Customer’s Per Customer Amount.

• All amounts paid by a Customer, whether paid to the Seller directly or remitted to the Purchaser and then paid to the Seller shall be credited against such Customer's Per Customer Amount.