Specified Account Debtors definition

Specified Account Debtors means Advance Auto Parts, Affinia, AutoZone, Inc., AutoZone (MX), Carquest, Lowes Companies, Ozark Purchasing LLC, Pep Boys and Wal-Mart (and each of their respective Affiliates).
Specified Account Debtors means Xxxxxx.xxx, Inc., TJX Companies, Inc., Wal-Mart Stores, Inc., Target Corporation, Costco Wholesale Corporation and such other Account Debtors as may be agreed to by the Administrative Agent from time to time in its Permitted Discretion and their respective Subsidiaries so long as such Account Debtor maintains a corporate credit rating of BBB or better by S&P and Baa3 or better by Xxxxx’x.
Specified Account Debtors means, collectively, (a) Carlyle Syntec, (b) Therma-Tru Corp., (c) US Gympsum, (d) Whirlpool Corporation, (e) Delphi Automotive, (f) Teradyne Corp., (g) Olin Corp., (h) Kyphon, Inc., (i) US Surgical, and (x) General Electric Corporation."

Examples of Specified Account Debtors in a sentence

  • Amount due from Specified Account Debtors that are more than 90 days past due which are included in the Borrowing Base shall not exceed $10,000,000.

  • Seller shall cause all other payments of Accounts (not including Purchased Accounts) to be remitted, and Seller shall instruct all Account Debtors (other than Specified Account Debtors) to remit, all payments to a Disbursement Account or as otherwise directed by Seller.

  • Ibid, 212.SPD and the KPD with the political tradition of understanding population policy as a vital interest to the broader population, one consequential enough to justify state intervention.

  • Purchaser may, in its sole and exclusive discretion, elect to purchase from Seller such Accounts owing by Specified Account Debtors as Purchaser elects to purchase.

  • Unlike the mean and median of perceived mental health scores, the mean and median perceived physical health scores were above the U.S. national average pre-occupancy, indicating the occupants, on average, had higher perceived physical health prior to transitioning to WELL certified offices, leading to less available room for improvement.excited about coming to work.


More Definitions of Specified Account Debtors

Specified Account Debtors means, collectively, Seven Generations Energy Ltd. and any other Account Debtors that the Agent agrees in writing to deem as a Specified Account Debtor from time to time in its sole and absolute discretion.
Specified Account Debtors means Polaris Industries, Inc, International Truck & Engine Corp., General Electric Company, Mack Trucks, Inc., Murray, Inc., Thermo King Corporation and Elecxxxxux Home Products Xxxxh America, or such other Account Debtors as agreed upon in writing by Borrower, Agent and the Required Banks.
Specified Account Debtors means each Account Debtor with at least two Investment Grade Ratings (until such time as any such Account Debtor no longer has at least two Investment Grade Ratings).
Specified Account Debtors means Quantum Corporation, Seagate Technology, Inc., Samsung Electronics Co., Ltd., Western Digital, and Syquest, Inc.
Specified Account Debtors means the account debtors set forth on Schedule I to the Twelfth Amendment. “Twelfth Amendment” means the Twelfth Amendment to Credit Agreement dated as of September 15, 2015 by and among the Borrowers, the Guarantors, the Lenders and Xxxxx Fargo Bank, National Association, as Administrative Agent, Collateral Agent, and Swing Line Lender. “Twelfth Amendment Effective Date” means September 15, 2015. “Twelfth Amendment Fee Letter” means the Fee Letter, dated as of the Twelfth Amendment Effective Date, between the Agents and the Borrowers.
Specified Account Debtors means, as to any determination of the Borrowing Base, any two of the following Account Debtors selected by the Borrower and notified to the Administrative Agent in the applicable Borrowing Base Certificate: (a) Continental Resources, Inc., (b) XTO Energy, Inc., (c) Enerplus Resources (USA) Corporation, and (d) Oasis Petroleum LLC.
Specified Account Debtors means (a) any Account Debtor listed on Schedule 1.1(B), (b) any other Account Debtor approved by the Administrative Agent in its Permitted Discretion, and (c) any wholly-owned Subsidiary of a Specified Account Debtor; provided that (x) the Administrative Agent may not approve any Account Debtor as a Specified Account Debtor under clause (b) above if, at the time of such approval, such Account Debtor has been assigned a credit rating by Moody’s or S&P and such credit rating is lower than Ba3 (as set by Moody’s) or BB- (as set by S&P) or neither of such rating agencies provide a credit rating for such Account Debtor; provided that, the Administrative Agent may approve an Account Debtor organized outside the United States as a Specified Account Debtor in its Permitted Discretion if neither of such rating agencies provide a credit rating for such Account Debtor, (y) after approval by the Administrative Agent under clause (b) above, an Account Debtor shall cease to be a Specified Account Debtor under clause (b) above if such Account Debtor is assigned a credit rating of less than Ba3 (as set by Moody’s) or BB- (as set by S&P) or neither of such rating agencies provide a credit rating for such Account Debtor; provided that, if neither of such rating agencies provide a credit rating for such Account Debtor and such Account Debtor is organized outside the United States, the Administrative Agent may, in its Permitted Discretion, permit such Account Debtor to be a Specified Account Debtor), and (z) a wholly-owned Subsidiary of an Account Debtor that is a Specified Account Debtor solely based on its status as a wholly-owned Subsidiary of a Specified Account Debtor shall cease to be a Specified Account Debtor when its parent company ceases to be a Specified Account Debtor.