Receivables Reserves mean such reserves as may be established from time to time by the Administrative Agent in the Administrative Agent’s Permitted Discretion with respect to the determination of the collectability in the ordinary course of Eligible Accounts Receivables, including, without limitation, reserves for dilution.
Receivables Reserves means, without duplication of any other reserves or items that are otherwise addressed or excluded through eligibility criteria, such reserves, subject to Section 2.15, as the Administrative Agent in the Administrative Agent’s Permitted Discretion determines as being appropriate with respect to the determination of the collectability in the ordinary course of business of Eligible Accounts, including, without limitation, on account of bad debts and dilution.
Receivables Reserves means, as of any date of determination, those reserves that Agent deems necessary or appropriate, in its Permitted Discretion and subject to Section 2.1(d), to establish and maintain (including Landlord Reserves for books and records locations and reserves for rebates, discounts, warranty claims, and returns) with respect to the Eligible Accounts, Eligible Billed Accounts, Eligible Unbilled Accounts, Eligible Progress Xxxxxxxx, or the Maximum Revolver Amount.
Examples of Receivables Reserves in a sentence
The Administrative Agent shall have the right to review and adjust any such calculation of the Borrowing Base to reflect exclusions from Eligible Receivables, Reserves or such other matters as are necessary to determine the Borrowing Base, but in each case, only to the extent the Administrative Agent is expressly provided such discretion by this Agreement and provides written notice to the Borrower of any such adjustment.
If SCE does not construct the ADNUs, the IC is not required to make the third Interconnection Financial Security posting to SCE pursuant to Section 4.8.4.2.1 under GIP.the requested Deliverability, and in support of ACDS.
This may challenge traditional notions of power and authority in the classroom and school and suggests a new “social learning contract” among students, teachers, and parents.
PLUS (d) The face amount of Eligible Receivables (net of Receivables Reserves) multiplied by the Receivables Advance Rate.
The Administrative Agent and the Required Lenders shall have the right to review and adjust any such calculation of the Borrowing Base to reflect exclusions from Eligible Receivables, Reserves or such other matters as are necessary to determine the Borrowing Base, but in each case, only to the extent the Administrative Agent or the Required Lenders, as applicable, is expressly provided such discretion by this Agreement and provides written notice to the Borrower of any such adjustment.
More Definitions of Receivables Reserves
Receivables Reserves such Reserves as may be established from time to time by Agent, in Agent’s reasonable discretion based upon the Agent’s determination of the collectibility in the ordinary course and of the creditworthiness of the Eligible Accounts. Without limiting the generality of the foregoing, Receivables Reserves may include (but are not limited to) reserves based on the following:
Receivables Reserves means, without duplication of any adjustments already accounted for in determining eligibility criteria under the definition of Eligible Accounts or Eligible Contracts in Transit or other reserves, reserves as may be established from time to time by the Administrative Agent in its Permitted Discretion to reflect risks or contingencies arising after the Closing Date that negatively impact the market value of Eligible Accounts or Eligible Contracts in Transit owned by any Loan Party, including any material change in collectability of Eligible Accounts or Eligible Contracts in Transit.
Receivables Reserves means, as of any date of determination, those reserves that Agent deems necessary or appropriate, in its Permitted Discretion and subject to Section 2.1(d), to establish and maintain (including Landlord Reserves for books and records locations and reserves for rebates, discounts, warranty claims, and returns) with respect to the Eligible Accounts, Eligible Billed Accounts, Eligible Unbilled Accounts, Eligible Progress Billings, or the Maximum Revolver Amount.
Receivables Reserves means, without duplication of any other Reserves or items that are otherwise addressed or excluded through eligibility criteria, such Reserves as may be established from time to time by any Agent or, if applicable, the Canadian Agent in its Permitted Discretion with respect to the determination of the collectibility in the ordinary course of Eligible Trade Receivables. Upon the determination by any Agent or the Canadian Agent in its Permitted Discretion that a Receivables Reserve should be established or modified, the Co-Collateral Agent shall notify the Administrative Agent or the Canadian Agent, as applicable, in writing and the Administrative Agent or the Canadian Agent, as applicable, shall thereupon establish or modify such Receivables Reserve, in all cases subject to the provisions of Section 9.18.
Receivables Reserves means, as of any date of determination, those reserves that Agent deems necessary or appropriate, in its Permitted Discretion and subject to Section 2.1(c), to establish and maintain (including (a) reserves with respect to books and records locations as to which a Collateral Access Agreement has not been received by Agent, (b) reserves for rebates, discounts, warranty claims, and returns, and (c) reserves with respect to deferred revenues as determined by Agent in its Permitted Discretion and without duplication of the impact of any ineligibility criteria set forth in the definition of Eligible Accounts) with respect to the Eligible Accounts, the Eligible Unbilled Accounts, or the Maximum Revolver Amount.
Receivables Reserves means, without duplication of any other Reserves or items that are otherwise addressed or excluded through eligibility criteria, such Reserves as may be established from time to time by any Agent in its Permitted Discretion with respect to the determination of the collectability in the ordinary course of Eligible Trade Receivables. Upon the determination by any Agent in its Permitted Discretion that a Receivables Reserve should be established or modified, such Agent shall notify the Administrative Agent in writing and the Administrative Agent shall thereupon establish or modify such Receivables Reserve, in all cases subject to the provisions of Section 2.01(e) and Section 9.19.
Receivables Reserves means such reserves as may be established from time to time by the Administrative Agent in its Permitted Discretion against Eligible Receivables, including without limitation, on account of (a) the collectability of such Eligible Receivables as a result of (i) dilution (in excess of 5%) thereof or (ii) claims, chargebacks, accrued liabilities, contra, write-offs, return of goods or similar matters, aged credits, credit lag, offsets, defense or counterclaims or other disputes with account debtors, (b) taxes and other liabilities secured by Liens upon Eligible Receivables that are or may become senior to the Administrative Agent’s Lien and (c) other costs, expenses and amounts that the Administrative Agent and/or the Secured Parties may incur or be required to pay to realize upon Eligible Receivables.