Special Concentration Percentage definition

Special Concentration Percentage means, as a percentage of the aggregate Eligible Receivables [**] at such time, without duplication:
Special Concentration Percentage has the meaning set forth in the defined term Specified Concentration Percentage.
Special Concentration Percentage means, for any Special Obligor, the “Special Concentration Percentage” assigned to such Special Obligor and agreed to in writing by the agent, the Majority Investors and the SPV substantially in the form of Exhibit G hereto.

Examples of Special Concentration Percentage in a sentence

  • ANNEX Y SCHEDULE OF DOCUMENTS Attached ANNEX Z SPECIAL CONCENTRATION PERCENTAGES OBLIGOR PERCENTAGE Obligor Special Concentration Percentage Graybar Electric Company 8.0% X.


More Definitions of Special Concentration Percentage

Special Concentration Percentage means, with respect to any Obligor, that percentage, if any, set forth in Annex Z to the Purchase Agreement with respect to such Obligor, or, with respect to any such Obligor or any other Obligor, such other percentage as the Purchaser Agent may at any time and from time to time designate, in its sole discretion in the exercise of its reasonable credit judgment following consultation with the Seller and with the consent of the Administrative Agent and the Syndication Agent, with respect to such Obligor in a written notification to the Seller and the Servicer.
Special Concentration Percentage means, for any Special Obligor at any time, [*].
Special Concentration Percentage means, with respect to any Obligor, that percentage, if any, designated by the Administrative Agent in its sole discretion with respect to such Obligor in Annex Z to the Funding Agreement or otherwise in a written notification to the Borrower (provided that the Administrative Agent retains the discretion to change or eliminate any such Special Concentration Percentage at any time).
Special Concentration Percentage for any Obligor of any Receivable at any time means, in the case of any Obligor which has (or the parent company of which has) a long-term debt rating from each of S&P and Moody’s not lower than the applicable rating set forth in the left-hand column below, the percentage set forth opposite the applicable ratings in the right-hand column below: Long Term Ratings S&P and Moody’s Special Concentration Percentage “A-” and “A3” 12.00% “BBB-” and “Baa3” 6.00% Any Obligor which does not have (and the parent company of which does not have) the ratings described above shall not have a Special Concentration Limit, provided, however that with the consent of each Investor, the Administrative Agent may, in its reasonable discretion, determine a Special Concentration Percentage for an Obligor.
Special Concentration Percentage means, as a percentage of the aggregate Eligible Receivables [*] at such time, without duplication:
Special Concentration Percentage means, for any Special Obligor at any time, [*]
Special Concentration Percentage means, with respect to any Obligor or group of Obligors, as applicable, that percentage, if any, set forth in Annex Z to the Credit Agreement with respect to such Obligor, or, with respect to any such Obligor or any other Obligor, such other percentage as the Administrative Agent may at any time and from time to time designate in its commercially reasonable credit judgment with respect to such Obligor in consultation with the Borrower and the Servicer.