Aggregate Reserve Percentage definition

Aggregate Reserve Percentage means, on any date of determination, the greater of (i) the Required Reserve Factor Floor and (ii) the sum of the Loss Reserve, the Yield Reserve, the Dilution Reserve and the Servicing Reserve.
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Aggregate Reserve Percentage means, on any date of determination, the greater of (a) the sum of the Loss Reserve Percentage, the Dilution Reserve Percentage, the Discount Reserve Percentage and the Servicer Fee Percentage, each as then in effect, and (b) 20%.
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Aggregate Reserve Percentage shall have the meaning specified in the Purchase Agreement.
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Examples of Aggregate Reserve Percentage in a sentence

  • Both before and after giving effect to each Incremental Purchase and Reinvestment, the Net Receivables Balance equals or exceeds the sum of (i) the product of the Net Receivables Balance multiplied by the Aggregate Reserve Percentage, and by (ii) the aggregate Capital outstanding.

  • Both before and after giving effect to each Incremental Purchase and Reinvestment, the Net Receivables Balance equals or exceeds the product of (i) 100% + the Aggregate Reserve Percentage, multiplied by (ii) the aggregate Capital outstanding.

  • Both before and after giving effect to ----------------------- each Incremental Purchase and Reinvestment, the Net Receivables Balance equals or exceeds the product of (i) 100% + the Aggregate Reserve Percentage, multiplied by (ii) the aggregate Capital outstanding.

  • Both before and after giving effect to ----------------------- each Incremental Purchase and Reinvestment, the Net Receivables Balance equals or exceeds the sum of (i) (x) Capital divided by (y) 1 minus the Aggregate Reserve Percentage, and (ii) the Contractual Dilution Balance.


More Definitions of Aggregate Reserve Percentage

Aggregate Reserve Percentage means on any date of determination, the greater of (i) the sum of (a) the Loss Reserve Percentage, plus (b) the Discount Reserve Percentage, plus (c) the Dilution Reserve Percentage, plus (d) the Servicer Fee Reserve Percentage, and (ii) forty percent (40%).
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Aggregate Reserve Percentage means, on any date of determination, the greater of (a) the sum of the Loss Reserve Percentage, the Discount Reserve Percentage, the Dilution Reserve Percentage and the Servicer Fee Percentage, each as then in effect, and (b) 20%.
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Aggregate Reserve Percentage means, on any date of determination, the sum of the Loss Reserve, the Yield Reserve and the Dilution Reserve.
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Aggregate Reserve Percentage means, as of any Report Date or Interim Report Date, the sum of (a) the Loss Reserve Percentage, (b) the Floating Dilution Reserve Percentage, (c) the Fee Reserve Percentage and (d) the FX Reserve Percentage.
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Aggregate Reserve Percentage means on any date of determination, the sum of (a) the Loss Reserve Percentage, plus (b) the Discount Reserve Percentage, plus (c) the Dilution Reserve Percentage, plus (d) the Servicer Fee Percentage, plus (e) from and after November 30, 2009, if the Administrative Agent has not notified the other Agents and the Seller that (i) it has received a report regarding the audit of the Receivables in progress by FTI Consulting, Inc. as of October 5, 2009, under Section 5.1(d) of this Agreement and (ii) all material issues of noncompliance of Receivables with this Agreement or the Credit and Collection Policy identified in such report have been resolved to the reasonable satisfaction of the Committed Purchasers, the Audit Reserve Percentage.
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Aggregate Reserve Percentage means, on any date of determination the sum of (a) the Yield Reserve, (b) the Servicing Reserve and
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Aggregate Reserve Percentage means a percentage equal to the result of the following calculation: | DRP + LP | | -------------- | + SRP + YRP | 1- |DRP + LP| | where: DRP = Dilution Reserve Percentage LP = Loss Percentage SRP = Servicer Reserve Percentage YRP = Yield Reserve Percentage
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