Approval Levels. (a) The parties will target the following minimum approval rates for Retail Financing within each Credit Tier (each, a “Minimum Approval Target”): FICO Score Net Credit Loss Rates (Annualized) Approval Rates [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
Appears in 3 contracts
Samples: Equity Option Agreement (Santander Consumer USA Holdings Inc.), Equity Option Agreement (Santander Consumer USA Holdings Inc.), Equity Option Agreement (Santander Consumer USA Holdings Inc.)
Approval Levels. (a) The parties will target the following minimum approval rates for Retail Financing within each Credit Tier (each, a “Minimum Approval Target”): FICO Score Net Credit Loss Rates (Annualized) Approval Rates [***] [***] ]% [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] ]-[***]% [***] [***]% [***]-[***]% [***] [***]% [***]-[***]% [***] [***]% [***]-[***]% [***] [***]% [***]-[***]% [***] [***]% [***]-[***]%
Appears in 3 contracts
Samples: Master Private Label Financing Agreement, Master Private Label Financing Agreement (Chrysler Group LLC), Master Private Label Financing Agreement (Chrysler Group LLC)