Applicable Stress Factor means 2.5.
Applicable Stress Factor. “Dilution Percentage,” “Dilution Reserve,” “Eligible Receivable,” “Level One Enhancement Period,” “Level Two Enhancement Period,” “Level Three Enhancement Period,” “Loss Reserve,” “Loss Percentage,” “Net Receivables Balance,” “Yield and Servicer Fee Reserve,” or “Yield and Servicer Fee Percentage,” or (H) amend or modify any defined term (or any defined term used directly or indirectly in such defined term) used in clauses (A) through (G) above in a manner that would circumvent the intention of the restrictions set forth in such clauses;
Applicable Stress Factor means, at any time, the amount set forth below based upon the applicable Rating Level at such time: Rating Level Applicable Stress Factor Rating Level I 2.0 Rating Level II 2.25 Rating Level III 2.5
More Definitions of Applicable Stress Factor
Applicable Stress Factor. Dilution Ratio," "Dilution Reserve," "Eligible Receivable," "Loss Ratio," "Loss Reserve," "Loss Percentage," "Net Receivables Balance" or "Yield and Servicer Fee Reserve" or (H) amend or modify any defined term (or any defined term used directly or indirectly in such defined term) used in clauses (A) through (G) above in a manner that would circumvent the intention of the restrictions set forth in such clauses; or
Applicable Stress Factor means, at any time, the amount set forth below based upon the Debt Rating of the Originator then in effect as rated by each of S&P and Moody's, respectively; provided, however, that (a) if the ratings established or deemed to have been established by S&P and Moody's, respectively, fall within different levels, the Applicable Stress Factor will be based on the lower of the two ratings, (b) if S&P or Moody's (but not both) is then rating the Originator, the Applicable Stress Factor will be based on the single rating then in effect and (c) if neither S&P nor Moody's is then rating the Originator, the Applicable Stress Factor wxxx xx the highest amount set forth in the table below: ------------------------------------------------------------------------------------- Rating by S&P/Moody's Applicable Stress Factor ------------------------------------------------------------------------------------- Greater than or equal to BBB/Baa2 2.0 ------------------------------------------------------------------------------------- Less than BBB/Baa2, but greater than or equal to BB+/Ba1 2.25 ------------------------------------------------------------------------------------- Less than BB+/Ba1 or unrated 2.5 -------------------------------------------------------------------------------------
Applicable Stress Factor means, as of any date of determination, 2.50.
Applicable Stress Factor means 1.30.
Applicable Stress Factor means 2.25(39).
Applicable Stress Factor means, at any time, the amount set forth below based on the Debt Rating of Consumers by each of S&P and Xxxxx’x, respectively; provided, however, that (a) if the ratings established or deemed to have been established by S&P and Xxxxx’x, respectively, fall within different levels, the Applicable Stress Factor will be based on Exh I - 2 the lower of the two ratings and (b) if S&P or Xxxxx’x (but not both) is then rating Consumers, the Applicable Stress Factor will be based on the single rating then in effect: Debt Rating by S&P/Xxxxx’x Applicable Stress Factor Greater than or equal to BBB-/Baa3 2.0 Less than BBB-/Baa3, but greater than or equal to BB/Ba2 2.25 Less than BB/Ba2 or unrated 2.5
Applicable Stress Factor. “Bank Rate”, “Default Fee”, “Fee Letter” and “Liquidity Termination Date” and replace them with the following: