Credit Sales definition

Credit Sales means, for any period, the aggregate initial principal balance of Receivables originated by the Originators during such period.

Credit Sales means, for any period of determination, the aggregate amount of trade receivables with credit terms of any kind originated by the Originator during such period.

Credit Sales. For any Calculation Period, the aggregate amount of all Receivables with credit terms of any kind originated or purchased by an Originator during such Calculation Period.

Examples of Credit Sales in a sentence

• The term of this Agreement shall commence with the date hereof and end on the date that all obligations under the Credit Sales Documents have been satisfied in full.

• The Authority shall be advised of the nature of any changes in Organizational Documents promptly after any such changes are made, and the Organizational Documents shall not be changed in any manner that would adversely affect performance of any obligation under the Credit Sales Documents, without in each case obtaining the prior written approval of the Authority, which shall not be unreasonably withheld or delayed.

• In the event of any conflict between the provisions of this Agreement and the provisions of any of the other Credit Sales Documents, the provisions of this Agreement shall prevail.

• The Seller has the full power, authority and legal right to execute, deliver and comply with the Credit Sales Documents and has taken all actions necessary or appropriate for the execution and delivery of and compliance with the Credit Sales Documents.

• Without limiting the generality of the foregoing and notwithstanding anything to the contrary contained herein or in any of the Credit Sales Documents, delivery of Credits from the Seller shall be made in accordance with the Delivery Schedule and failure to make such delivery on the scheduled dates for any reason whatsoever shall constitute a default hereunder.

More Definitions of Credit Sales

Credit Sales means, for any period of determination, the aggregate amount of Receivables originated by all Originators during such period.

Credit Sales means an act of transferring medicines without cash that are decided to be sold to clients based an credit agreement made in advance ;

Credit Sales means sales of Goods, payment for which is due or to be made after Delivery;

Credit Sales means sales of the Goods, payment for which is due or made after the Delivery;

Credit Sales means, for any period of determination, the aggregate amount of all Receivables originated by any Seller during such period.

Credit Sales. For any Due Period, the aggregate amount of all trade receivables with credit terms of any kind originated by the Originator during such Due Period.

Credit Sales means, for any period, the aggregate initial principal balance of Receivables originated by the Originators during such period. “Daily One Month SOFR” means, for any day, the rate per annum determined by the Administrator by dividing (the resulting quotient rounded upwards, at the Administrator’s discretion, to the nearest 1/100th of 1%) (a) the Term SOFR Reference Rate for such day for one (1) month period, as published by the Term SOFR Administrator, by (b) a number equal to 1.00 minus the SOFR Reserve Percentage; provided, that if Daily One Month SOFR, determined as provided above, would be less than the SOFR Floor, then Daily One Month SOFR shall be deemed to be the SOFR Floor. Such rate of interest will be adjusted automatically as of each Business Day based on changes in Daily One Month SOFR without notice to the Seller. “Daily Report” means each report, in substantially the form of Annex A-3 to this Agreement, furnished by or on behalf of the Servicer to the Administrator and each Purchase Agent pursuant to this Agreement, in each case, which shall include data which is current as of the prior Business Day. “Daily Reporting Trigger” means any time the Available Liquidity is less than $125,000,000; provided that a Daily Reporting Trigger shall only be effective upon Administrator’s declaration of the same.