Xxxxx’x Excluded Manufacturer Receivable Specified Percentage definition

Xxxxx’x Excluded Manufacturer Receivable Specified Percentage means, as of any date of determination, with respect to each Xxxxx’x Non‑Investment Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by Xxxxx’x to ABRCF and the Trustee and consented to by the Requisite Series 2013-2 Noteholders with respect to such Xxxxx’x Non‑Investment Grade Manufacturer; provided, however, that as of the Series 2013-2 Closing Date the Xxxxx’x Excluded Manufacturer Receivable Specified Percentage for each Xxxxx’x Non‑Investment Grade Manufacturer shall be 100%; provided further that the initial Xxxxx’x Excluded Manufacturer Receivable Specified Percentage with respect to any Manufacturer that becomes a Xxxxx’x Non‑Investment Grade Manufacturer after the Series 2013-2 Closing Date shall be 100%.
Xxxxx’x Excluded Manufacturer Receivable Specified Percentage means, as of any date of determination, with respect to each Moody’s Non-Investment Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by Moody’s to ABRCF and the Trustee and consented to by the Requisite Series 2020-1 Noteholders with respect to such Xxxxx’x Non-Investment Grade Manufacturer; provided, however, that as of the Class A/B/C Closing Date the Xxxxx’x Excluded Manufacturer Receivable Specified Percentage for each Xxxxx’x Non-Investment Grade Manufacturer shall be 100%; provided, further, that the initial Xxxxx’x Excluded Manufacturer Receivable Specified Percentage with respect to any Manufacturer that becomes a Xxxxx’x Non-Investment Grade Manufacturer after the Class A/B/C Closing Date shall be 100%.
Xxxxx’x Excluded Manufacturer Receivable Specified Percentage means, as of any date of determination, with respect to each Xxxxx’x Non-Investment Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by Xxxxx’x to ABRCF and the Trustee and consented to by the Surety Provider with respect to such Xxxxx’x Non-Investment Grade Manufacturer; provided, however, that as of the A&R Effective Date the Xxxxx’x Excluded Manufacturer Receivable Specified Percentage for each Xxxxx’x Non-Investment Grade Manufacturer shall be 100%; providedfurther that the initial Xxxxx’x Excluded Manufacturer Receivable Specified Percentage with respect to any Manufacturer that becomes a Xxxxx’x Non-Investment Grade Manufacturer after the A&R Effective Date shall be 100%.

More Definitions of Xxxxx’x Excluded Manufacturer Receivable Specified Percentage

Xxxxx’x Excluded Manufacturer Receivable Specified Percentage means, as of any date of determination, with respect to each Moody’s Non-Investment Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by Moody’s to ABRCF and the Trustee and consented to by the Requisite Series 2022-5 Noteholders with respect to such Moody’s Non-Investment Grade Manufacturer; provided, however, that as of the Series 2022-5 Closing Date the Xxxxx’x Excluded Manufacturer Receivable Specified Percentage for each Moody’s Non-Investment Grade Manufacturer shall be 100%; provided, further, that the initial Xxxxx’x Excluded Manufacturer Receivable Specified Percentage with respect to any Manufacturer that becomes a Xxxxx’x Non-Investment Grade Manufacturer after the Series 2022-5 Closing Date shall be 100%.

Related to Xxxxx’x Excluded Manufacturer Receivable Specified Percentage

  • NOLV Percentage the net orderly liquidation value of Inventory, expressed as a percentage, expected to be realized at an orderly, negotiated sale held within a reasonable period of time, net of all liquidation expenses, as determined from the most recent appraisal of Borrowers’ Inventory performed by an appraiser and on terms satisfactory to Agent.

  • Available Excluded Contribution Amount means the aggregate amount of Cash or Cash Equivalents or the fair market value of other assets (as determined by the Borrower in good faith, but excluding any Cure Amount) received (or deemed received) by the Borrower or any of its Restricted Subsidiaries after the Closing Date from:

  • Concentration Percentage means (i) for any Group AA Obligor, 30.00%, (ii) for any Group A Obligor, 17.50%, (iii) for any Group B Obligor, 15.00%, (iv) for any Group C Obligor, 12.50% and (v) for any Group D Obligor, 7.50%.

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrower’s business.

  • Required Percentage As of any Distribution Date following the Stepdown Date, the quotient of (1) the excess of (A) the Stated Principal Balances of the Mortgage Loans as of such Distribution Date, over (B) the Certificate Principal Balance of the most senior Class of Certificates outstanding as of such Distribution Date, prior to giving effect to distributions to be made on such Distribution Date and (2) the Stated Principal Balance of the Mortgage Loans as of such Distribution Date.

  • Dilution Reserve Percentage means, at any time of determination, the product (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/1000th of 1% rounded upward) of (a) the Dilution Horizon Ratio, multiplied by (b) the sum of (i) the Stress Factor times the average of the Dilution Ratios for the twelve (12) most recent Fiscal Months and (ii) the Dilution Volatility Component.

  • Excess Concentration Amount means, as of any date of determination on which any one or more of the Concentration Limitations are exceeded, an amount (calculated by the Servicer and without duplication) equal to the Dollar Equivalent of the portion of the Adjusted Principal Balance of each Eligible Collateral Loan that causes such Concentration Limitation to be exceeded.

  • Baseline concentration means that ambient concentration level that exists in the baseline area at the time of the applicable minor source baseline date. A baseline concentration is deter- mined for each pollutant for which a minor source baseline date is estab- lished and shall include: