Permitted Variance definition

Permitted Variance has the meaning given in Section 6.15.

Permitted Variance has the meaning set forth in Section 4.06(a).

Permitted Variance means that the aggregate disbursements of the Debtors of cash in the Cash Collateral Account in any full two-week period shall not exceed one hundred twenty percent (120%) of the aggregate amount of projected disbursements for such two-week period as provided for in the Forbearance Budget. Any disbursement projected to be made in in the Forbearance Budget in a particular week that is not made by the Debtors in such week may be made in a subsequent week or weeks, provided, however, that for purposes of calculating the Permitted Variance, such disbursement shall be treated as if it had been made in the week set forth in the Forbearance Budget.

Examples of Permitted Variance in a sentence

• We shall calculate whether your Urban SSC Percentage is greater than or less than the Urban Density Benchmark for each SSC by more than the Urban Permitted Variance.

• We shall calculate whether your Urban SSC Percentage is greater than or less than Urban Density Benchmark for each SSC by more than the Urban Permitted Variance.

• The introduction of such incentive products and promotions shall not be considered to be a change to any Access Charge or Permitted Variance for the purposes of clause 13.2(d) and, accordingly, any such incentive products and promotions will not count towards the number of changes permitted under clause 13.2(d).

• Subject to the terms of this Interim Order, upon entry of this Interim Order, the Debtors are authorized to use Cash Collateral solely in accordance with the terms, conditions, and limitations set forth in this Interim Order and the Approved Budget (including any Permitted Variance (as defined below)).

• For any SSC for which your Urban SSC Percentage is greater or less than the Urban Density Benchmark by more than the Urban Permitted Variance, we shall multiply the percentage by which you fall short of or exceed the Urban Permitted Variance for that SSC by your total volume for that SSC for that Contract Year to arrive at a number of Mailing Items for that SSC which represents that percentage shortfall or excess.

More Definitions of Permitted Variance

Permitted Variance means, for each Budget Period, the product of (x) the aggregate amount of the Budget for such Budget Period and (y) 10%.

Permitted Variance means a variance of up to 15% between the actual disbursements for the applicable four (4) week period and the "Total Operating Disbursements" line item as set forth in the Budget for the applicable 4 week period (other than professional fees).

Permitted Variance means a variance we permit from a measurement used in the measurement of your profile and compliance with National Price Plan One (SSCs) or Averaged Price Plan Two (Zones) expressed either as a percentage of that measurement or as a whole number by which variance up or down from that measurement will be permitted, as published on our Website and as amended from time to time in accordance with clause 13.2(d) of the General Access Terms and Conditions; Postage means the amount payable by you to us for Mailing Items handed over in a Daily Posting;

Permitted Variance means, with respect to (A) weighted average FICO Score, 0.50%: (B) weighted average original term to maturity, 5.0%; (C) weighted average remaining term to maturity, 5.0%; (D) geographic concentration, 3.0%; and (E) vehicle model concentration, 5.0%.

Permitted Variance means, any variance that does not violate Section 6.12(b).

Permitted Variance means, with respect to either the Receipts Variance or the Disbursements Variance, a variance that would not result in a default under the Budget Covenant.

Permitted Variance has the meaning set forth in Section 9.01(b).