Common use of Concentration Clause in Contracts

Concentration. After giving effect to the transfer of such Designated ------------- Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall not be more than 2.00% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Effective Annual Percentage Rate of the Receivables in the Trust shall not be less than 7.25%, and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 53 months;

Appears in 1 contract

Samples: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

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Concentration. After giving effect to the transfer of such Designated ------------- Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall not be more than 2.00% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Effective Annual Percentage Rate of the Receivables in the Trust shall not be less than 7.259.07%, and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 53 57 months;

Appears in 1 contract

Samples: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

Concentration. After giving effect to the transfer of such ------------- Designated ------------- Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall not be more than 2.00% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Effective Annual Percentage Rate of the Receivables in the Trust shall not be less than 7.258.12%, and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 53 55 months;

Appears in 1 contract

Samples: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

Concentration. After giving effect to the transfer of such Designated ------------- Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall not be more than 2.00% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Effective Annual Percentage Rate of the Receivables in the Trust shall not be less than 7.259.5%, and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 53 54 months;

Appears in 1 contract

Samples: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

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Concentration. After giving effect to the transfer of such Designated ------------- Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall is not be more than 2.002% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Effective Annual Percentage Rate of the Receivables in the Trust shall not be less than 7.25%, 9.75% and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 53 51 months;

Appears in 1 contract

Samples: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

Concentration. After giving effect to the transfer of such Designated ------------- Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall not be more than 2.00% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Effective Annual Percentage Rate of the Receivables in the Trust shall not be less than 7.259.23%, and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 53 55 months;

Appears in 1 contract

Samples: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

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