Prime Receivables definition

Prime Receivables means those Receivables indicated on Schedule A hereto as prime.
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Prime Receivables means any receivables of the Group Companies that:
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Examples of Prime Receivables in a sentence

  • As of the Cutoff Date, approximately 45.18% of the aggregate Principal Balance of the Receivables represent Prime Receivables, approximately 57.71% of the aggregate Principal Balance of the Receivables represent Non-Prime Receivables and approximately 3.11% of the aggregate Principal Balance of the Receivables represent Sub-Prime Receivables.

  • Approximately 62.01% of the aggregate Principal Balance of the Initial Receivables represent Prime Receivables, approximately 36.67% of the aggregate Principal Balance of the Initial Receivables represent Non-Prime Receivables and approximately 1.31% of the aggregate Principal Balance of the Initial Receivables represent Sub-Prime Receivables.

  • Approximately 58.79% of the aggregate Principal Balance of the Initial Receivables, represent Prime Receivables, approximately 40.26% of the aggregate Principal Balance of the Initial Receivables, represent Non-Prime Receivables and approximately 0.94% of the aggregate Principal Balance of the Initial Receivables, represent Sub-Prime Receivables.

  • Approximately 48.82% of the aggregate Principal Balance of the Receivables, represent Prime Receivables, approximately 49.37% of the aggregate Principal Balance of the Receivables, represent Non-Prime Receivables and approximately 1.80% of the aggregate Principal Balance of the Receivables, represent Sub-Prime Receivables.

  • As of the Cutoff Date, approximately 48.63% of the aggregate Principal Balance of the Receivables represent Prime Receivables, approximately 49.01% of the aggregate Principal Balance of the Receivables represent Non-Prime Receivables and approximately 2.36% of the aggregate Principal Balance of the Receivables represent Sub-Prime Receivables.

  • Prime Receivables Corporation, a Delaware corporation (the "Transferor"), proposes to cause Prime Credit Card Master Trust (the "Trust") to issue: (i) $____________ in aggregate principal amount of ____% Class A Asset Backed Certificates, Series 2000-__ (the "Class A Certificates") and (ii) $__________ in aggregate principal amount of ____% Class B Asset Backed Certificates, Series 2000-__ (the "Class B Certificates," and together with the Class A Certificates, the "Certificates").

  • Prime Receivables Corporation, a Delaware corporation (the "Transferor"), proposes to cause Prime Credit Card Master Trust (the "Trust") to issue $400,000,000 in aggregate principal amount of 6.7% Class A Asset Backed Certificates, Series 2000-1 (the "Class A Certificates").

  • As of the Cutoff Date, approximately 46.11% of the aggregate Principal Balance of the Receivables represent Prime Receivables, approximately 51.03% of the aggregate Principal Balance of the Receivables represent Non-Prime Receivables and approximately 2.86% of the aggregate Principal Balance of the Receivables represent Sub-Prime Receivables.

  • As of the Initial Cutoff Date, approximately 56.09% of the aggregate Principal Balance of the Initial Receivables represent Prime Receivables, approximately 42.70% of the aggregate Principal Balance of the Initial Receivables represent Non-Prime Receivables and approximately 1.21% of the aggregate Principal Balance of the Initial Receivables represent Sub-Prime Receivables.

  • Approximately 63.49% of the aggregate Principal Balance of the Initial Receivables represent Prime Receivables, approximately 35.22% of the aggregate Principal Balance of the Initial Receivables represent Non-Prime Receivables and approximately 1.29% of the aggregate Principal Balance of the Initial Receivables represent Sub-Prime Receivables.

Related to Prime Receivables

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Eligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. A Receivable shall not be deemed eligible unless such Receivable is subject to Agent’s first priority perfected security interest and no other Lien (other than Permitted Encumbrances), and is evidenced by an invoice or other documentary evidence satisfactory to Agent. In addition, no Receivable shall be an Eligible Receivable if:

  • Ineligible Receivables shall have the meaning specified in subsection 2.05(a).

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.