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 means [_]%.
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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%.

  • 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 [__]%.

  • 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 [__] Collection Periods following the Cutoff Date, [__]% for the next [__] Collection Periods, [__]% for the next [__] Collection Periods and [__]% for the remaining Collection Periods 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 Trigger means, for any Payment Date and the related Collection Period, 24.00%.

  • Delinquency Percentage means, for any Payment Date and the related Collection Period, an amount equal to the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of all 60-Day Delinquent Receivables as of the last day of such Collection Period to (ii) the Pool Balance as of the last day of such Collection Period.