Example ContractsClausesChange in Contractual Dilution Accrual
Change in Contractual Dilution Accrual
Change in Contractual Dilution Accrual contract clause examples

“Non-Contractual Dilution” means all Dilution other than Contractual Dilution.

Accrual Information. In addition to the other requirements of this Section 6, Tenant shall, no later than the second (2nd) business day of each month until the Tenant Improvements are complete, provide Landlord with an estimate of # the percentage of design and other soft cost work that has been completed, # design and other soft costs spent through the end of the previous month, both from commencement of the Tenant Improvements and solely for the previous month, # the percentage of construction and other hard cost work that has been completed, # construction and other hard costs spent through the end of the previous month, both from commencement of the Tenant Improvements and solely for the previous month, and # the date of Substantial Completion of the Tenant Improvements.

Change in Contractual Dilution Accrual. The Master Servicer will not make any material change in the methodology used to calculate Contractual Dilution Reserve without the prior written consent of the Administrative Agent.

Contractual Dilution Accrual” means, at any time of determination, the aggregate amount of Contractual Dilution that is expected by the Servicer to be made or otherwise incurred with respect to the then outstanding Pool Receivables as such expected dilution and similar adjustments are reflected on the books and records of the applicable Originator and Seller and reserved for by such Originators and Seller, as determined by the Servicer in accordance with the customary procedures established by the Servicer.

Change in Contractual Dilution Accrual. The Servicer will not make any material change in the methodology used to calculate Contractual Dilution or the Contractual Dilution Accrual without the prior written consent of the Administrative Agent.

Contractual Obligations. Comply with and/or perform all Contractual Obligations, whether now or hereafter existing, between Borrower and any other party.

Contractual Dilution. The Master Servicer shall include in each Monthly Report delivered to Administrative Agent, the Contractual Dilution Reserve for the then outstanding Pool Receivables as of the Cut-Off Date for the prior Calculation Period, including the specific amounts related to each applicable Obligor. The Contractual Dilution Reserve shall be calculated by the Master Servicer, on behalf of the Seller, in the ordinary course based on the Contractual Dilution then expected to occur with respect to the then outstanding Pool Receivables as reasonably determined by the Master Servicer. Additionally, the Master Servicer shall deliver such other information and reports reasonably requested by the Administrative Agent with respect to the Contractual Dilution Reserve, including a comparison of the Contractual Dilution Reserve to the actual Contractual Dilution with respect to prior Calculation Periods, in form and substance reasonably satisfactory to the Administrative Agent.

Accrual. Royalty Fees shall accrue in the Royalty Period when corresponding Net Sales of Licensed Materials are invoiced by [[PolyOne:Organization]] or [[PolyOne:Organization]]’s Affiliate.

Net Pool Balance” means, at any time, an amount equal to # the aggregate Unpaid Balance of all Pool Receivables that are Eligible Receivables determined at such time, minus # the Excess Concentration Amount at such time, minus # the Contractual Dilution Accrual at such time.

Contractual Dilution Accrual. Include in each Information Package delivered to Administrative Agent, the Contractual Dilution Accrual for the then outstanding Pool Receivables as of the Cut-Off Date for the prior Settlement Period, including the specific amounts related to each applicable Obligor. The Contractual Dilution Accrual shall be calculated by the Servicer, on behalf of the Seller, in the ordinary course based on the Contractual Dilution then expected to occur with respect to the then outstanding Pool Receivables as reasonably determined by the Servicer. Additionally, the Servicer shall deliver such other information and reports reasonably requested by the Administrative Agent with respect to the Contractual Dilution Accrual, including a comparison of the Contractual Dilution Accrual to the actual Contractual Dilution with respect to prior Settlement Periods, in form and substance reasonably satisfactory to the Administrative Agent.

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