Delinquency Ratio. The Delinquency Ratio shall equal or exceed 5.00% on a rolling three-month average basis for any Calculation Period.
Delinquency Ratio. The Borrower shall not permit the average of the Delinquency Ratios for WFNNB for the most recently ended three consecutive calendar months to exceed 4.5%.
Delinquency Ratio. At any time, the ratio (expressed as a percentage) computed as of the Cut-Off Date for the most recently preceding Collection Period by dividing (i) the aggregate Unpaid Balance of all Pool Receivables that are Delinquent Receivables on such Cut-Off Date by (ii) the aggregate Unpaid Balance of Pool Receivables on such Cut-Off Date.
Delinquency Ratio. At all times following the Ramp-Up Period, the Delinquency Ratio (as set forth in the latest Servicing Report) shall not exceed 7.5%.
Delinquency Ratio. At any time, a percentage equal to (i) the aggregate Outstanding Balance of all Receivables that were Delinquent Receivables at such time divided by (ii) the aggregate Outstanding Balance of all Receivables at such time.
Delinquency Ratio. The percentage equivalent of a fraction, the numerator of which is the total Stated Principal Balance of the Mortgage Loans in the Seller’s servicing portfolio which are 60 days or more delinquent including loans in foreclosure and bankruptcy plus the balance of REO properties, and the denominator of which is the Stated Principal Balance of all mortgage loans in the Seller’s servicing portfolio.
Delinquency Ratio. The Borrower shall not permit the average of the Delinquency Ratios for Comenity Bank and Comenity Capital Bank, in the aggregate, for the most recently ended three consecutive calendar months ending on the last day of any fiscal quarter to exceed 4.50%.
Delinquency Ratio. The Delinquency Ratio for any two consecutive Collection Periods is a rate equal to or greater than 7.00%;
Delinquency Ratio. The Delinquency Ratio shall equal or exceed 2.25% on a rolling three-fiscal-month average basis.
Delinquency Ratio. As of any date of determination, the ratio (expressed as a percentage) of:
