Examples of Replenished Receivables Overcollateralisation Percentage in a sentence
The Redelivery Repurchase Price is an amount equal to (i) the outstanding principal balance of a Redelivery Purchased Receivable as at the first day of the Monthly Period in which such Purchased Receivable becomes a Redelivery Purchased Receivable together with any arrears outstanding on such date but excluding any future interest payments (calculated on the basis of the Obligor internal rate of return) multiplied by (ii) one (1) minus the Replenished Receivables Overcollateralisation Percentage.
During the Revolving Period, Additional Receivables will be purchased at the Additional Receivables Purchase Price which includes overcollateralisation in the form of the Replenished Receivables Overcollateralisation Percentage.