Delinquency Ratio

Example Definitions of "Delinquency Ratio"
Delinquency Ratio. Means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%) computed as of the last day of each calendar month by dividing: (a) the aggregate Outstanding Balance of all Pool Receivables (other than GalvPro Receivables) that were Delinquent Receivables on such day by (b) the aggregate Outstanding Balance of all Pool Receivables (other than GalvPro Receivables) on such day.
Found in WEIRTON STEEL CORP contract
Delinquency Ratio. Shall exceed nine percent (9.00%)
Found in Applied Industrial Technologies contract
Delinquency Ratio. The average for three consecutive Fiscal Months of: (1) other than for the periods described in clause (i)(2) below, (A) the Default Ratio shall exceed 3.0%, (B) the Delinquency Ratio shall exceed 13.75%, or (C) the Dilution Ratio shall exceed 5.0%; and (2) for the three consecutive Fiscal Month periods ended November 2012, December 2012, January 2013, February 2013, March 2013, April 2013, and May 2013 (as reported in the Information Packages delivered in December 2012 through June 2013), (A)... the Default Ratio shall exceed 4.0%, (B) the Delinquency Ratio shall exceed 15.0%, or (C) the Dilution Ratio shall exceed 5.0%, or (ii) the Days' Sales Outstanding exceeds 55 days View More Arrow
Found in VWR Funding, Inc. contract
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