Delinquency Trigger Percentage definition

Delinquency Trigger Percentage means 5.0%.
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Delinquency Trigger Percentage means, the lesser of (i) 9.00% or (ii) the “Delinquency Trigger Percentage” as specified in the indenture supplement for any other Outstanding Series of Notes.
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Delinquency Trigger Percentage equals [__]%.
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Examples of Delinquency Trigger Percentage in a sentence

  • In the absence of manifest error, and following the delivery of such Officer’s Certificate to the Indenture Trustee, the revised Delinquency Trigger Percentage shall be effective as of the date such revised Delinquency Trigger Percentage is reported in the Monthly Noteholders’ Statement.

  • As of the Closing Date, the Delinquency Trigger Percentage is 9.00%.

  • As of the Closing Date, the Delinquency Trigger Percentage is [__]%.

  • In the absence of manifest error, and following the delivery of such Officer’s Certificate to the Indenture Trustee,the revised Delinquency Trigger Percentage shall be effective as of the date such revised Delinquency Trigger Percentage is reported in the Monthly Noteholders’ Statement.

  • Collection Period Collection Period End Date Delinquency Trigger Percentage 0-00 - 00-00 - 00-00 - 00 and after and after Repossessed Vehicle Inventory vehicles * Included with Delinquencies Above Servicer's Certificate for the Collection Period [x] through [x] for Payment Date of [x] Toyota Auto Receivables 2016-D Owner Trust Toyota Auto Finance Receivables, LLC SELLER SERVICER I hereby certify to the best of my knowledge that the report provided is true and correct.

  • As of the Closing Date, the Delinquency Trigger Percentage is [•]%.


More Definitions of Delinquency Trigger Percentage

Delinquency Trigger Percentage with respect to any Group, has the meaning set forth in the related Trust Financing Agreement.
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Delinquency Trigger Percentage equals [__]% for the first [__] months following the Cutoff Date, [__]% for the next [__] months, [__]% for the next [__] months and [__]% for the remaining months that the Notes are outstanding.
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Delinquency Trigger Percentage equals [(i) during the Revolving Period, [__]% and (ii) during the Amortization Period, [__]%].
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Delinquency Trigger Percentage means, (i) [•]% or (ii) if lower, the Delinquency Trigger Percentage with respect to any other Series of Notes.
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Related to Delinquency Trigger Percentage

  • Delinquency Ratio means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1% rounded upward) computed as of the last day of each Fiscal Month by dividing: (a) the aggregate Outstanding Balance of all Pool Receivables that were Delinquent Receivables on such day, by (b) the aggregate Outstanding Balance of all Pool Receivables on such day.

  • Excess Available Funds Percentage means, with respect to any Transfer Date, the amount, if any, by which the Portfolio Yield for the preceding Monthly Period exceeds the Base Rate for such Monthly Period.

  • Loss Reserve Percentage means, on any date, the product of (A) 2.25 times (B) the highest average of the Default Ratios for any three consecutive calendar months during the twelve most recent calendar months times (C) the Loss Horizon Ratio.