Excess Concentration Amounts definition
Excess Concentration Amounts means the amounts set forth on Appendix D hereto.
Excess Concentration Amounts means, without duplication, the aggregate Eligible Receivables Principal Balance of Receivables that cause the applicable Concentration Limits to not be met.
Excess Concentration Amounts means, as of any date of determination and without duplication, the sum of:
Examples of Excess Concentration Amounts in a sentence
For the avoidance of doubt the determination of any Excess Concentration Amounts shall be determined using the Adjusted Principal Balance or Aggregate Adjusted Principal Balance, as applicable, before giving effect to the application of the Portfolio Criteria.
More Definitions of Excess Concentration Amounts
Excess Concentration Amounts means, each of the amounts set forth on Appendix D hereto, which amounts shall be excluded from the calculation of the aggregate unpaid principal balance of Eligible Receivables.
Excess Concentration Amounts means, as to any Payment Date, the sum of the following amounts (without duplication):
Excess Concentration Amounts means at any time the sum of (without duplication):
Excess Concentration Amounts means, as of any date of determination, the sum of (without duplication):
Excess Concentration Amounts means, as of any date of determination and without duplication, the sum of: (i) the positive difference, if any, of (a) the aggregate Adjusted Principal Balance of the Eligible Receivables for which the related Obligor has a billing address in the State with the highest concentration of Receivables by Obligor billing address as of such date minus (b) an amount equal to the product of (1) 43.0% times (2) the Eligible Pool Balance on such date; (ii) the positive difference, if any, of (a) the aggregate Adjusted Principal Balance of the Eligible Receivables for which the related Obligor has a billing address in the State with the second highest concentration of Receivables by Obligor billing address as of such date minus (b) an amount equal to the product of (1) 33.0% times (2) the Eligible Pool Balance on such date; (iii) the positive difference, if any, of (a) the aggregate Adjusted Principal Balance of the Eligible Receivables for which the related Obligor has a billing address in the State with the third highest concentration of Receivables by Obligor billing address as of such date minus (b) an amount equal to the product of (1) 23.0% times (2) the Eligible Pool Balance on such date; (iv) the positive difference, if any, of (a) the aggregate Adjusted Principal Balance of the Eligible Receivables for which the related Obligor has a billing address in any State other than those States accounted for in clauses (i), (ii), and (iii), above, minus (b) an amount equal to the product of (1) 20.0% times (2) the Eligible Pool Balance on such date; (v) without duplication, the sum of (a) the positive difference, if any, of (1) the aggregate Adjusted Principal Balance of the Eligible Receivables for which the related Obligors had FICO Scores of less than 700 minus (2) the product of (A) 75.0% times (B) the Eligible Pool Balance as of such date plus (b) the positive difference, if any, of (1) the aggregate Adjusted Principal Balance of the Eligible Receivables for which the related Obligors had FICO Scores of less than 620 minus (2) the product of (A) 20.0% times (B) the Eligible Pool Balance as of such date plus (c) the positive difference, if any, of (1) the aggregate Adjusted Principal Balance of the Eligible Receivables for which the related Obligors had FICO Scores of less than 550 minus (2) the product of (A) 10.0% times (B) the Eligible Pool Balance as of such date, calculated in all cases with Receivables that do not have such FICO Scores being deemed to have...
Excess Concentration Amounts shall include the following:
Excess Concentration Amounts means for any Obligor, the amount by which the Outstanding Balance of all Eligible Receivables owing to such Obligor and its Affiliates exceeds 10%.