Value of Accounts definition

Value of Accounts means the sum of (I) the value, as of the most recent Valuation Date occurring within the twelve months ending on the Determination Date, of the Participant's Accounts and (ii) contributions due to such Accounts as of the Determination Date, minus (iii) withdrawals from such Accounts since such Valuation Date.
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Value of Accounts means the sum of (I) the value, as of the most recent Valuation Date occurring within the twelve months ending on the Determination Date, of the Participant’s Accounts and (ii) contributions due to such Accounts as of the
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Examples of Value of Accounts in a sentence

  • Such amount may be offset against any amounts due from Transferee to such Transferor on such Settlement Date with respect to the Uncollected Value of Accounts Receivable conveyed by the Transferor to Transferee on such Settlement Date.

  • Aggregate Loan Values - the lesser of(i) the sum of $ 2,000,000 or (ii) the sum of the Loan Value of Accounts and the Loan Value of Inventory.

  • Accounts Reserve: reserves reasonably established by Agent in its Credit Judgment upon two (2) Business Days’ prior notice to Borrower (including telephonic or electronic notice promptly confirmed by written notice) to reflect factors arising or becoming known to Agent after the Closing Date that negatively impact the Value of Accounts, including with respect to dilution.

  • The term "Borrowing Base" as of any time shall mean the amount of $3,000,000 plus the Security Value of Accounts Receivable as of such time, as determined by the Bank in its sole discretion which determination shall be final and binding upon the Borrower.

  • Security Value of Accounts Receivable" means, as ------------------------------------- of any date as of which the amount thereof shall be determined, eighty percent (80%) of Borrower's Eligible Account Receivables as of the date of determination.

  • Calculation of the management fee rate is based on a tiered fee structure using the combined value of all PIN-managed accounts within the Client’s household, as followsi: Combined Value of Accounts Annual Managed by PIN Fee $50,000 to 99,999 1.50% 2,000,000 and above .80% PIN’s minimum account size is $50,000.

  • Security Value of Accounts Receivable" means, as of any ------------------------------------- date as of which the amount thereof shall be determined, eighty percent (80%) of Borrower's Eligible Account Receivables as of the date of determination.

  • Borrower will maintain the Loan Value of Accounts at an amount that at all times equals or exceeds the sum of the outstanding principal balance of the Line of Credit Loan plus the Accelerated Reimbursement Obligation.

  • Aggregate Loan Values -- the lesser of (i) $40,000,000.00 less the aggregate face amount of all issued and outstanding Letters of Credit, or (ii) the sum of the Loan Value of Accounts plus the Loan Value of Inventory.

  • Aggregate Loan Values - the lesser of (i) the sum of One Million Dollars ($1,000,000); or (ii) the sum of the Loan Value of Accounts, and the Loan Value of Inventory.

Related to Value of Accounts

  • Value of Contract means the sum accepted or the sum calculated in accordance with the prices accepted in Tender and/or the Contract rates as payable to the Contractor for the entire execution and full completion of the work.

  • Value of Bonus means the amount indicated in the Order Form, which is calculated by multiplying the Commitment Value and the Bonus.

  • Eligible Unbilled Accounts means Accounts of the Obligors that does not qualify as an Eligible Account solely because (a) the goods giving rise to such Account have not been shipped and billed to the Account Debtor, or (b) the services giving rise to such Account have not been performed and billed to the Account Debtor and, in either case, so long as such Accounts have not been unbilled for more than thirty (30) days. For the avoidance of doubt, at such time as an Account is billed to the Account Debtor it shall no longer be an “Eligible Unbilled Account”.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);