Transferor Percentage definition

Transferor Percentage means 100% minus (a) the Floating Allocation Percentage, when used at any time with respect to Finance Charge Receivables and Defaulted Receivables, or (b) the Principal Allocation Percentage, when used at any time with respect to Principal Receivables.

Transferor Percentage means, on any date of determination, when used with respect to Principal Receivables, Finance Charge Receivables and Receivables in Defaulted Accounts, a percentage equal to 100% minus the Aggregate Investor Percentage with respect to such categories of Receivables.

Transferor Percentage means, on any date of determination, when used with respect to Principal Receivables, Finance Charge Receivables and Defaulted Receivables, a percentage equal to 100% minus the Aggregate Investor Percentage with respect to such category of Receivables.

Examples of Transferor Percentage in a sentence

• As described in the Agreement, Collections of Principal Receivables with respect to any Monthly Period will be allocated on the related Determination Date on the basis of the aggregate Investor Percentage of all Series and the Transferor Percentage with respect to the Principal Receivables.

• Throughout the existence of the Trust, the Servicer will allocate to the Transferor, as holder of the Exchangeable Transferor Certificate, an amount equal to the Transferor Percentage of the aggregate amount of Collections of Finance Charge Receivables and Principal Receivables for each Monthly Period.

• On and after the date of such removal, each Ineligible Receivable shall be deducted from the aggregate amount of Principal Receivables used in the calculation of any Investor Percentage, the Transferor Percentage or the Transferor Interest.

• Transferor Percentage as of the end of the second preceding Due Period.....

• Unless otherwise stated in any Supplement, throughout the existence of the Trust, the Servicer shall allocate to the Holder of the Certificate an amount equal to the product of (A) the Transferor Percentage and (B) the aggregate amount of such Collections allocated to Principal Receivables and Finance Charge Receivables, respectively, in respect of each Monthly Period.

More Definitions of Transferor Percentage

Transferor Percentage means, with respect to any Asset Pool for any Monthly Period, the percentage in such Asset Pool not represented by the aggregate of the Noteholder Percentage for all Series secured by such Asset Pool.

Transferor Percentage means, on any date of determination, when used with respect to Principal Receivables, Finance Charge and Administrative Receivables and Defaulted Receivables in a Pool, a percentage equal to 100% minus the Aggregate Investor Percentage for Series related to such Pool with respect to such category of Receivables, minus, where applicable, the percentage interest of certain credit enhancement providers, as specified in the related Indenture Supplement.

Transferor Percentage means 100% minus (a) the Floating Allocation Percentage, when used as of any date with respect to Defaulted Receivables or with respect to Collections of Finance Charge Receivables or (b) the Fixed/Floating Allocation Percentage, when used as of any date with respect to Collections of Principal Receivables.

Transferor Percentage. For any Payment Date, 100% minus the Floating Allocation Percentage for such Payment Date.

Transferor Percentage has the meaning specified in the Servicing Agreement.

Transferor Percentage means, on any date of determination, when used with respect to Principal Collections, Finance Charge Collections and Receivables in Defaulted Accounts, a percentage equal to 100% MINUS the Aggregate Investor Percentage with respect to such categories of Receivables.

Transferor Percentage has the meaning specified in the Indenture.