Common use of Rate Variance Factor Clause in Contracts

Rate Variance Factor. The "Rate Variance Factor" means such percentage per annum not exceeding 2% as the Administrative Agent may designate from time to time in its sole discretion.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Sci Systems Inc), Receivables Purchase Agreement (Sci Systems Inc)

Rate Variance Factor. The "Rate Variance Factor" means such percentage per annum not exceeding 2% as the Administrative Agent (upon direction of the Required Purchasers) may designate from time to time in its sole discretiontime.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Sanmina-Sci Corp), Receivables Purchase Agreement (Sci Systems Inc)