Common use of Transferor Amount Clause in Contracts

Transferor Amount. As of the Closing Date and each Incremental Funding Date, the Transferor Interest is not less than the Minimum Transferor Interest and the aggregate amount of Principal Receivables is not less than the Required Minimum Principal Balance.

Appears in 3 contracts

Samples: Note Purchase Agreement (Nordstrom Inc), Note Purchase Agreement (Nordstrom Inc), Note Purchase Agreement (Nordstrom Credit Inc)

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Transferor Amount. As of the Closing Date and each Incremental Funding Date, the Transferor Interest is not less than the Minimum Required Transferor Interest and the aggregate amount of Principal Receivables is not less than the Required Minimum Principal Balance.

Appears in 1 contract

Samples: Note Purchase Agreement (Bon Ton Stores Inc)

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