Common use of Asset Quality Clause in Contracts

Asset Quality. Borrower shall not at any time permit the amount of Receivables over 90 days past due to exceed 18.75% of Gross Lease Installments.

Appears in 2 contracts

Samples: Credit Agreement (Microfinancial Inc), Credit Agreement (Microfinancial Inc)

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Asset Quality. The Borrower shall not at any time permit the amount of Receivables over 90 ninety (90) days past due to exceed eighteen and three quarters percent (18.75% %) of Gross Lease Installments.

Appears in 1 contract

Samples: Credit Agreement (Microfinancial Inc)

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Asset Quality. The Borrower shall not at any time permit the amount of Receivables over 90 days past due to exceed 18.75% of Gross Lease Installments.”

Appears in 1 contract

Samples: Credit Agreement (Microfinancial Inc)

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