Default Ratio Test. 1) Receivables [*] days past due + Write-offs and Notes < [*] past due Jan-00 + A/R conv to Notes <[*] past due (Ref Tab 1 for details)
Appears in 3 contracts
Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (Adesa California, LLC), Receivables Purchase Agreement (Carbuyco, LLC)
Default Ratio Test. 1) Receivables [*] days past due + Writewrite-offs and Notes < notes [*] past due Jan-00 + A/R conv to Notes <notes [*] past due (Ref Tab 1 for details)due
Appears in 1 contract
Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.)
Default Ratio Test. 1) Receivables [*] days past due + Write-offs and Notes < [*] past due Jan-00 + A/R conv to Notes << [*] past due (Ref Tab 1 for details) Jan-00 #N/A #N/A 2) Receivables Originated [*] months prior (Cash Disbur.)
Appears in 1 contract
Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.)
Default Ratio Test. 1) Receivables [*] days past due + Writewrite-offs and Notes < [*] past due Jan-00 + A/R conv to Notes <notes [*] past due (Ref Tab 1 for details)due
Appears in 1 contract
Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.)
