Common use of Original Term Concentration Clause in Contracts

Original Term Concentration. The percentage of the aggregate Principal Balance of the Receivables with an original term of more than 75 months is no more than 15.00% of the Pool Balance.

Appears in 12 contracts

Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-C), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-C), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-B)

AutoNDA by SimpleDocs

Original Term Concentration. The percentage of the aggregate Principal Balance of the Receivables with an original term of more than 75 72 months is no more than 15.0010.00% of the Pool Balance.

Appears in 11 contracts

Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2022-D), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2022-D), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2022-C)

Original Term Concentration. The percentage of the aggregate Principal Balance of the Receivables with an original term of more than 75 [72] [75] [84] months is no more than 15.00% of the Pool Balance.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC)

AutoNDA by SimpleDocs

Original Term Concentration. The percentage of the aggregate Principal Balance of the Receivables with an original term of more than 75 [72] [75] [84] months is no more than 15.00____% of the Pool Balance.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!