Asset Pool One Required Transferor Amount Percentage definition

Asset Pool One Required Transferor Amount Percentage means 5% or such other percentage as shall be designated from time to time by the Servicer; provided, however, that prior to designating any lesser percentage the Servicer shall have provided to the Indenture Trustee and the Collateral Agent an Issuing Entity Tax Opinion and written confirmation from each Note Rating Agency that such designation shall not have a Ratings Effect.
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Asset Pool One Required Transferor Amount Percentage means [__]% or such other percentage as will be designated from time to time by the transferors, but, if that other percentage is less than [__]%, the transferors must provide the indenture trustee with written confirmation that the Rating Agency Condition has been satisfied and an Issuer Tax Opinion.
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Related to Asset Pool One Required Transferor Amount Percentage

  • Required Retained Transferor Percentage means, for purposes of Series 2023-A, 4.0%.

  • Series Required Transferor Amount means an amount equal to 7% of the Invested Amount.

  • Transferor Percentage means 100% minus (a) the Floating Allocation Percentage, when used at any time with respect to Finance Charge Receivables and Defaulted Receivables, or (b) the Principal Allocation Percentage, when used at any time with respect to Principal Receivables.

  • Transferor Amount has the meaning specified in the Transfer Agreement.

  • REMIC I Overcollateralized Amount With respect to any date of determination, (i) 1% of the aggregate Uncertificated Balance of the REMIC I Regular Interests (other than REMIC I Regular Interest I-LTP) minus (ii) the aggregate Uncertificated Balance of REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3, REMIC I Regular Interest I-LTM4, REMIC I Regular Interest I-LTM5, REMIC I Regular Interest I-LTM6, REMIC I Regular Interest I-LTM7, REMIC I Regular Interest I-LTM8, REMIC I Regular Interest I-LTM9, REMIC I Regular Interest I-LTM10, in each case as of such date of determination.