Common use of Delinquency Ratio Clause in Contracts

Delinquency Ratio. At any time, a percentage equal to (i) the aggregate Outstanding Balance of all Receivables that were Delinquent Receivables at such time divided by (ii) the aggregate Outstanding Balance of all Receivables at such time.

Appears in 4 contracts

Sources: Credit and Security Agreement (Allied Waste Industries Inc), Credit and Security Agreement (Allied Waste Industries Inc), Credit and Security Agreement (Louisiana Pacific Corp)

Delinquency Ratio. At any time, a percentage equal to (ia) the aggregate Outstanding Balance of all Receivables (other than Excluded Receivables) that were Delinquent Receivables at such time divided by (iib) the aggregate Outstanding Balance of all Receivables (other than Excluded Receivables) at such time.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Arch Chemicals Inc), Receivables Purchase Agreement (Arch Chemicals Inc)

Delinquency Ratio. At any time, a percentage equal to (i) the aggregate Outstanding Balance of all Receivables (other than Excluded Receivables) that were Delinquent Receivables at such time divided by (ii) the aggregate Outstanding Balance of all Receivables (other than Excluded Receivables) at such time.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Arch Chemicals Inc)