Common use of Advance Percentage Clause in Contracts

Advance Percentage. With respect to any Funding Date, the advance ------------------ percentage with respect to Receivables and Asset Backed Securities (the "Advance ------- Percentage") to determine the Advance Amount shall be 100% with respect to Asset ---------- Backed Securities, subject to the reserve requirement to be established at or prior to the initial funding under the ABS Funding Sublimit, as acceptable to each Lending Group and the Primary Seller, and shall be 89% with respect to Receivables, subject in the case of Receivables to downward adjustment on such Funding Date as described below:

Advance Percentage. With respect to any Funding Date, the advance ------------------ percentage with respect to Receivables and Asset Backed Securities (the "Advance ------- PercentageADVANCE PERCENTAGE") to determine the Advance Amount shall be 100% with respect to Asset ---------- Backed Securities, subject to the reserve requirement to be established at or prior to the initial funding under the ABS Funding Sublimit, as acceptable to each Lending Group and the Primary Seller, and shall be 89% with respect to Receivables, subject in the case of Receivables to downward adjustment on such Funding Date as described below:

Advance Percentage. With respect to any Funding --------------------------- ------------------ Date, the advance ------------------ percentage with respect to Receivables and Asset Backed Securities (the "Advance ------- Percentage") to determine the Advance ------------------ Amount shall be 100% with respect to Asset ---------- Backed Securities, subject to the reserve requirement to be established at or prior to the initial funding under the ABS Funding Sublimit, as acceptable to each Lending Group and the Primary Seller, and shall be 89% with respect to Receivables, subject in the case of Receivables to downward adjustment on such Funding Date as described below:

Advance Percentage. With respect to any Funding Date, the advance ------------------ percentage with respect to Receivables and Asset Backed Securities (the "Advance ------- Percentage") to determine the Advance Amount shall be 100% (i) with respect to Asset ---------- Backed Securities, 100%, subject to the reserve requirement to be established at or prior to the initial funding under the ABS Funding Sublimit, as acceptable accept- able to each Lending Group and the Primary Seller, and shall be 89% (ii) with respect to Receivables, subject in shall be 100% minus the case of Receivables to downward adjustment on Credit Enhancement Rate at such Funding Date as described below:time.