Qualified Account

Example Definitions of "Qualified Account"
Qualified Account. Section 6(k) of the Loan Agreement is hereby amended and restated in its entirety as follows: "(k) The account, when aggregated with all of the accounts of that account debtor and their respective Affiliates does not exceed fifteen percent (15%) of the then aggregate of all accounts (or (i) thirty percent (30%) for account debtor Waupaca Foundry and (ii) twenty-five percent (25%) for account debtor Versatile Processing Group)."
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