Advance Rate

Advance Rate. Shall be the amount under each respective Sub-Limit of the Total Credit Facility against which Borrower may borrow.

Advance Rate. Is 80%, net of deferred revenue (IF BORROWER'S ADJUSTED QUICK RATIO IS LESS THAN 1.35 TO 1.00) and offsets related to each specific Account Debtor, or another percentage as Bank establishes under Section 2.2.

Advance Rate. Is eighty percent (80.0%), net of any offsets related to each specific Account Debtor, or such other percentage as Bank establishes under Section 2.2; provided however, if the Borrower is unable to maintain a Adjusted Quick Ratio of at least 1.25 to 1.0, then the Advance Rate will be 80% net of Deferred Revenue and offsets related to each specific Account Debtor.

Advance Rate. 70%.

Advance Rate. Advance Rate" means (a) as of any date of determination, if the Required Credit Support Amount is less than 13.0% of the Aggregate Implicit Principal Balance of all Eligible Contracts, 85.0%, or (b) 87.0%.

Advance Rate. Means, (i) during the Initial Funding Period, Ninety Percent (90%), or such other Percent as may be determined from time to time by Summit in its sole discretion, and, (ii) at all times after the expiration of the Initial Funding Period, Eighty-Five Percent (85%), or such other Percent as may be determined from time to time by Summit in its sole discretion.

Advance Rate. Defined in the Lender Fee Letter

Advance Rate. Is (i) eighty percent (80%) of EXIM Eligible Foreign Accounts which are hedged and covered by the EXIM working Capital Guarantee Program, and (ii) seventy percent (70%) of the EXIM Eligible Foreign Accounts which are covered by the EXIM working Capital Guarantee Program, provided, however, that with respect to any Account Debtor which is a distributor, the Advance Rate shall be sixty percent (60%)

Advance Rate. Eighty-Five Percent (85%), or such other Percent as may be determined from time to time by Summit in its sole discretion.

Advance Rate. (a) With respect to any First Lien Loan, 70% and (b) with respect to any Second Lien Loan, the lesser of (i) 25% and (ii) the minimum percentage necessary such that the amount of the initial Advance with respect to such Second Lien Loan results in the Adjusted Net Second Lien Leverage Ratio of the related Obligor being less than the threshold determined by the Administrative Agent in its sole discretion for such Obligor at the time of the approval of such Second Lien Loan.