Prime Receivable means an account which is identified on the Collection Agent's master servicing record as a "type 25" account.
Prime Receivable means a Receivable (other thanincluding an Online Originated Receivable) for which, at the time of underwriting, the related FICO Score was 700 or greater. “Prime Receivable Collateral Percentage” means, as of any date of determination, a fraction, expressed as a percentage, the numerator of which is the aggregate Adjusted Principal Balances of all Prime Receivables on such date and the denominator of which is the Pool Balance on such date. "Prime Serviced Portfolio Receivable" means a Serviced Portfolio Receivable (other than a Serviced Portfolio Receivable originated via the Online Platform) for which, at the time of underwriting, the related FICO Score was 700 or greater. "Principal Amount" means, with respect to any Loan, the aggregate amount advanced by the Lenders on the Funding Date in respect of such Loan. "Principal Balance" means, for any Receivable as of any date of determination, (i) the related Amount Financed minus the sum, without duplication, of (a) that portion of all Scheduled Payments actually received on or prior to such day allocable to principal using the Simple Interest Method plus (b) any payment of the Release Price with respect to such Receivable allocable to principal plus (c) any Cram Down Loss in respect of such Receivable plus (d) any 36 prepayment in full or any partial prepayment applied in reduction of principal of such Receivable. "Purchase Agreement" means the Amended and Restated Purchase Agreement, dated as of December 31, 2020, between DFC and the Borrower, together with each Purchase Agreement Supplement. "Purchase Agreement Supplement" means a Purchase Agreement Supplement in substantially the form attached to the Purchase Agreement as Exhibit A, executed by the Borrower and DFC in connection with a transfer of Receivables and the related Collateral on any Funding Date. "Qualified Institution" means any depository institution or trust company organized under the laws of the United States or any State (or any domestic branch of a foreign bank), (i)
Prime Receivable means a Receivable for which, at the time of underwriting, the related FICO Score was 680 or greater. "Prime Serviced Portfolio Receivable" means a Serviced Portfolio Receivable for which, at the time of underwriting, the related FICO Score was 680 or greater. "Principal Amount" means, with respect to any Loan, the aggregate amount advanced by the Lenders on the Funding Date in respect of such Loan.
More Definitions of Prime Receivable
Prime Receivable means, a Receivable originated (a) by Bay View or Long Beach or pursuant to a Third-Party Lender Program, in each case, on or prior to April 11, 2008 for which the related Obligor had a Credit Bureau Score equal to or greater than 680 at the time the Receivable was originated, (b) by AmeriCredit or its Affiliates or pursuant to a Third-Party Lender Program which has received a Prime Designation Stamp or (c) by Bay View for which the related Obligor had a Credit Bureau Score equal to or greater than 680 at the time the Receivable was originated.
Prime Receivable means a Program Receivable originated or acquired under or by reference to the Prime Program.
Prime Receivable means a Receivable (including an Online Originated Receivable) for which, at the time of underwriting, the related FICO Score was 700680 or greater. “Prime Receivable Collateral Percentage” means, as of any date of determination, a fraction, expressed as a percentage, the numerator of which is the aggregate Adjusted Principal Balances of all Prime Receivables on such date and the denominator of which is the Pool Balance on such date. 36
Prime Receivable means, prior to the occurrence of a Prime Receivable Conversion Event, an Eligible Receivable as to which all of the following criteria are satisfied as of its respective Cut-Off Date, or, with respect to criteria no. 5 below, as of the most recent date of determination:
Prime Receivable means a Receivable for which, at the time of underwriting, the related FICO Score was 680 or greater. "Prime Serviced Portfolio Receivable" means a Serviced Portfolio Receivable for which, at the time of underwriting, the related FICO Score was 680 or greater. "Principal Amount" means, with respect to any Loan, the aggregate amount advanced by the Lenders on the Funding Date in respect of such Loan. "Principal Balance" means, for any Receivable as of any date of determination, (i) the related Amount Financed minus (ii) the sum, without duplication, of (a) that portion of all Scheduled Payments actually received on or prior to such day allocable to principal using the Simple Interest Method plus (b) any payment of the Release Price with respect to such Receivable allocable to principal plus (c) any Cram Down Loss in respect of such Receivable plus (d) any prepayment in full or any partial prepayment applied in reduction of principal of such Receivable.
Prime Receivable means any of a New Prime Receivable or an Old Prime Receivable.
Prime Receivable means a Receivable for which, at the time of underwriting, the related FICO Score was 700 or greater. "Prime Serviced Portfolio Receivable" means a Serviced Portfolio Receivable for which, at the time of underwriting, the related FICO Score was 700 or greater. "Principal Amount" means, with respect to any Loan, the aggregate amount advanced by the Lenders on the Funding Date in respect of such Loan. "Principal Balance" means, for any Receivable as of any date of determination, (i) the related Amount Financed minus the sum, without duplication, of (a) that portion of all Scheduled Payments actually received on or prior to such day allocable to principal using the Simple Interest Method plus (b) any payment of the Release Price with respect to such Receivable allocable to principal plus (c) any Cram Down Loss in respect of such Receivable plus (d) any prepayment in full or any partial prepayment applied in reduction of principal of such Receivable. "Program Fee" means, for any Collection Period, the fee payable by the Borrower on the related Payment Date in an amount equal to the product of (i) the Program Fee Rate times (ii) the average daily Loans Outstanding during such Collection Period funded by Commercial Paper Notes times (iii) a fraction, (a) the numerator of which is the actual number of days during such Collection Period and (b) the denominator of which is 360. "Program Fee Rate" has the meaning given to such term in the Fee Letter. "Purchase Agreement" means the Amended and Restated Purchase Agreement, dated as of December 31, 2020, between DFC and the Borrower, together with each Purchase Agreement Supplement. "Purchase Agreement Supplement" means a Purchase Agreement Supplement in substantially the form attached to the Purchase Agreement as Exhibit A, executed by the Borrower and DFC in connection with a transfer of Receivables and the related Collateral on any Funding Date. "Qualified Institution" means any depository institution or trust company organized under the laws of the United States or any State (or any domestic branch of a foreign bank), (i)