Collection Days means a period equal to the greater of (i) two (2) Business Days after the deposit of Collections into the Collection Account, or (ii) such longer period as may be required by the financial institution with whom the Collection Account is maintained, in either event for which interest may be charged on the aggregate amount of such deposits at the Interest Rate or, if applicable, the Default Interest Rate.
Collection Days means a period of one (1) Business Day after the deposit of checks or other remittances representing the proceeds of Collateral into the Agent’s Bank Account, for which interest may be charged on the aggregate amount of such deposits at the rate provided for in Section 8.1 or 8.2 (if applicable) of this Financing Agreement.
Collection Days means days on which the Contractor’s NRF is required to be available under the Contract (normally Monday to Friday but may include Saturdays).]
Examples of Collection Days in a sentence
In addition, Contractor and the Customer shall mutually decide on the frequency of Collection and Scheduled Collection Days.
The approved notice shall be delivered to the affected Customers at least five (5) days before the Contractor changes its Scheduled Collection Days.
The Contractor shall provide notice to each Customer that will be affected by a change in their Scheduled Collection Days because of a Holiday.
At a minimum, the notice to Residential Customers shall (a) identify each of the Scheduled Collection Days for the Customer receiving the notice, (b) summarize the applicable Set Out requirements, and (c) include other educational and promotional information provided to the Contractor by the Administrator.
For Commercial Service Units requesting Acceptable Solid Waste Collection via Dumpster(s), Contractor shall Collect, on a Scheduled Collection Day(s), all Acceptable Solid Waste in Dumpsters per Scheduled Collection Day.
More Definitions of Collection Days
Collection Days means a day of waste collection for a particular geographic area within the Region of Peel as determined by the Commissioner.
Collection Days means two (2) Business Days to provide for the deposit, clearance and collection of checks or other instruments representing the proceeds of Collateral, the amount of which has been credited to the Company’s Revolving Loan Account, and for which interest may be charged on the aggregate amount of such deposits, at the rate provided for in Paragraph 8.1 of Section 8 of this Financing Agreement.
Collection Days means days on which plant and vehicles are required to be available under the Contract, normally Monday to Friday. 17CALCULATION OF RRRate of Recovery or RR is calculated in accordance with the following formula: RR = [(A – B)/A] x 100%Where: (a) A is the number of tonnes of Organic Material accepted by the Contractor at the Facility during the period; (b) B is the number of tonnes on Residue recovered from the Organic Material delivered to the Facility during the same period. PERFORMANCE NOTICE The Principal may issue a Performance Notice to the Contractor if the KPIs are not achieved (refer to Clause 4.2) REVISION OF CERTAIN TARGETS The performance of the Contractor will be monitored and assessed in accordance with the KPI’s. The KPI Targets discussed above are considered to be Draft format. They will be revised after the first 3 months, then during the tenth month of each year of the Term. Either party may give to the other party a written notice proposing a revision of the Targets referred to in PART D.A written notice must set out: (a) The revised value (percentage or value as appropriate) proposed by the party for the relevant Target; (b) The party’s reasons for the proposed revision; and
Collection Days means one (1) Business Day to provide for the deposit, clearance and collection of checks or other instruments representing the Proceeds of Collateral, the amount of which has been credited to the Companies' Revolving Loan Account, and for which interest may be charged on the aggregate amount of such deposits, at the rate provided for in Paragraph 8.1 of Section 8 of this Financing Agreement. COMMITMENT shall mean each Lender's commitment in accordance with this Financing Agreement to make Revolving Loans (the "Revolving Credit Commitment"), in the amount of their respective pro rata share set forth in the schedules prepared by the Agent or the Assignment and Transfer Agreement executed by each such Lender. COMMITMENT FEE shall mean an amount equal to $50,000. CONSOLIDATED BALANCE SHEET shall mean a consolidated or compiled, as applicable, balance sheet for the Parent, the Companies and the consolidated subsidiaries of each such Person, eliminating all inter-company transactions and prepared in accordance with GAAP.
Collection Days means with respect to non-factored Accounts four (4) Business Days to provide for the deposit, clearance and collection of checks or other instruments representing the proceeds of Collateral, the amount of which has been credited to the Companies' Revolving Loan Account, and for which interest may be charged on the aggregate amount of such deposits, at the rate provided for in Paragraph 8.1 of Section 8 of this Financing Agreement. Commitment shall mean each Lender's commitment to make Revolving Loans and participate in Letters of Credit in accordance with the terms of this Financing Agreement (the "Revolving Credit Commitment") in the amount set forth in Schedule 1 hereto or the Assignment and Transfer Agreement executed by such Lender.
Collection Days means two (2) Business Days.