Examples of Required Reserve Percentage in a sentence
The Required Reserve Amount may only increase ("e.g., through amendments increasing the Required Reserve Percentage or through the issuance of a new Series) to the extent of the allocable portion of the Available Issuer Interest at such time.
The Required Reserve Percentage of each currently outstanding Series of variable funding notes, term Series Class A notes and extendable term notes is 10%, subject to upward adjustment if certain pool characteristics exceed specified limits.
At any time of determination, the lesser of (A) 87% and (B) (x) 100% minus (y) the Required Reserve Percentage.
With respect to any Settlement Date, the period beginning on the first Monday (or, in the case of the first such period for all purposes other than calculation of the Required Reserve Percentage, the Dilution Reserve Percentage, the Discount Reserve Percentage, the Loss Reserve Percentage and the F/X Reserve Percentage, beginning on the Closing Date) and ending on the last Sunday of the Fiscal Month of the Parent or the Borrower most recently ended prior to such Settlement Date.
The Required Reserve Percentage of the currently outstanding term Series Class B notes varies by Series and ranges from 4.25% to 6.25%, subject to upward adjustment if certain pool characteristics exceed specified limits.