Specifically Reserved Dilution Amount means, at any time, the aggregate amount then recorded on the books and records of the Originators as the aggregate accrued liability for future deductions or rebate payments related to trade and marketing activities of the Originators with respect to the Pool Receivables.
Specifically Reserved Dilution Amount means, on any day, an amount equal to the sum of: (a) the Volume Rebate Accrual, plus (b) the Service Level Agreement Accrual.
Specifically Reserved Dilution Amount means at any time the amount, determined as of the most recent month-end date, of reserves or liabilities set forth on the books and records of the Originators or Seller, as applicable, related to, or in anticipation of customer rebates and other credits, deductions or reductions with respect to Eligible Receivables, in each case to the extent such amounts have not been applied at such time to reduce the Outstanding Balance of the Eligible Receivables.
More Definitions of Specifically Reserved Dilution Amount
Specifically Reserved Dilution Amount means for any Fiscal Month, an amount computed on the last day of such Fiscal Month, equal to the greater of:
Specifically Reserved Dilution Amount means for any Fiscal Month, an amount (expressed as a positive value) computed on the last day of such Fiscal Month, equal to the product of (a) two (2) (or such other amount as determined by the Administrator) and (b) the greater of (i) the sum of the credits accrued for as a liability on each Originator’s books and records in the ordinary course of business according to policies consistently applied related to customer rebates during the most recent Fiscal Month, (ii) the sum of debits applied against the liability on each Originator’s books and records in the ordinary course of business according to policies consistently applied related to customer rebates during the most recent Fiscal Month and (iii) the monthly average of amounts calculated in clause (i) above during the twelve (12) most recent Fiscal Months.
Specifically Reserved Dilution Amount means, for any calendar month, the sum of the amounts reserved in the balance sheet of each Originator for (i) volume rebates and (ii) potential credits relating to the voluntary recall announced by the Servicer in a public filing on January 10, 2012.
Specifically Reserved Dilution Amount means the positive difference, if any, between (a) Specific Dilution Amount for such fiscal month and (b) Other Receivables for such fiscal month.
Specifically Reserved Dilution Amount set forth in Exhibit I to the Agreement is hereby amended and restated in its entirety as follows:
Specifically Reserved Dilution Amount means, on any date of determination, an amount (expressed as a positive value) computed on such date of determination, equal to product of (a) three (3) (or such other amount as consented to by all Committed Lenders) and (b) the greatest of (i) the sum of the credits accrued for as a liability on each Originator’s books and records in the ordinary course of business according to policies consistently applied related to Volume Rebates, Timely Payment Discounts, and Commissions during the most recently ended fiscal month of the Master Servicer, (ii) the sum of debits applied against the liability on each Originator’s books and records in the ordinary course of business according to policies consistently applied related to Volume Rebates, Timely Payment Discounts, and Commissions during the most recently ended fiscal month of the Master Servicer and (iii) the monthly average of amounts calculated in clause (i) above during the twelve (12) most recently ended fiscal months of the Servicer.
Specifically Reserved Dilution Amount. Termination Event," "Total Reserve," "Yield Reserve," or "Yield Reserve Percentage", (H) amend or modify any defined term (or any defined term used directly or indirectly in such defined term) used in clauses (A) through (G) above in a manner that would circumvent the intention of the restrictions set forth in such clauses, or (I) otherwise materially and adversely affect the rights of any such Purchaser hereunder. No failure on the part of the Purchasers or the Administrator to exercise, and no delay in exercising any right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or the exercise of any other right.