BANK PRODUCT RESERVE

Example Definitions of "BANK PRODUCT RESERVE"
BANK PRODUCT RESERVE. Means, as of any date of determination, the amount of reserves that Administrative Agents have established (based upon the Bank Product Providers' reasonable determination of the credit exposure of Reseller and its Subsidiaries in respect of Bank Products that qualify as Bank Product Obligations pursuant to the requirements of the proviso set forth in the definition of Bank Product Obligations) in respect of Bank Products then provided or outstanding that qualify as Bank Product Obligations... pursuant to the requirements of the proviso set forth in the definition of Bank Product Obligations. View More Arrow
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