Yield Factor definition

Yield Factor has the meaning specified in subsection 2.15(a).

Yield Factor means the fixed percentage designated by the Servicer pursuant to Section 2.08.

Yield Factor means, initially, 3.0% and thereafter such amount as is determined pursuant to subsection 2.05(g).

Examples of Yield Factor in a sentence

• The Series Yield Factor for the Series established hereby shall initially be the Series Yield Factor set forth in the Series Term Sheet.

• Any Yield Factor in effect during the preceding Due Period was not below the minimum Yield Factor.

• The Series Yield Factor for the Series established hereby initially shall be the Series Yield Factor set forth in the Series Term Sheet.

• A portion of the Collections on the Receivables received in any Due Period equal to the product of the aggregate amount of such Collections and the Yield Factor will be treated as Yield Collections.

• Receivables in an amount equal to the product of the Yield Factor (initially 1.3%) and amounts charged by cardholders for goods and services and cash advances (the "Discount Receivables") will be allocated to the Certificates and treated as Finance Charge Receivables (Discount Receivables, together with the Periodic Finance Charges, Annual Membership Fees and Other Charges, the "Finance Charge Receivables").

More Definitions of Yield Factor

Yield Factor has the meaning specified in the Transfer and Servicing Agreement.

Yield Factor means, for each Feedstock, the amount of such Feedstock required to be provided under Section 5.2 for conversion into one gallon of MTBE.

Yield Factor means, initially, 1.5%, and shall increase to 1.75% during any Accumulation Period; provided, that the Yield Factor shall increase to 2% with respect to the Series 1999-1 and Series 2000-1 Certificates during any Collection Period for which one-month LIBOR (as calculated by the Trustee on the preceding LIBOR Determination Date pursuant to Section 4.5(d)) exceeds 15% per annum; provided further, that if one-month LIBOR (as calculated by the Trustee on any subsequent LIBOR Determination Date pursuant to Section 4.5(d)) decreases thereafter to a rate equal to or less than 15% per annum, the Yield Factor shall be reduced from 2% to 1.5% or 1.75%, as applicable. The first and second provisos above shall not be applicable at any time when the Yield Factor is used with respect to the calculation of (i) the Trust Principal Component or (ii) the aggregate amount of Defaulted Receivables.

Yield Factor. At any time means an amount equal to the sum of (a) the product of (i) aggregate Yield accrued and to accrue through the end of each Rate Period with respect to all Portion of Investment at such time and (ii) 1.5, plus (b) the Liquidation Yield at such time. SCHEDULE III Sections 2.12 through 2.15 of the Agreement shall be read in their entirety as follows:

Yield Factor means with respect to any Business Day the percentage equivalent of an amount determined on the preceding Factor Date (or on such Business Day with respect to each Factor Date) equal to (i) (x) the product of the Billed Finance Charges for the Monthly Period preceding such Factor Date and one minus the Delinquency Percentage for the preceding Factor Date (or on such Business Day with respect to each Factor Date) plus (y) Recoveries for the Monthly Period preceding such Factor Date, divided by (ii) the aggregate amount of Collections for the Monthly Period preceding such Factor Date.

Yield Factor means, initially, 1.5%, and shall increase to 1.75% during any Accumulation Period; provided, that the Yield Factor shall increase to 2% solely with respect to the Series 1999-1 Certificates during any Collection Period for which one-month LIBOR (as calculated by the Trustee on the preceding LIBOR Determination Date pursuant to Section 4.5(d)) exceeds 15 per annum %; provided further, that if one-month LIBOR (as calculated by the Trustee on any subsequent LIBOR Determination Date pursuant to Section 4.5(d)) decreases thereafter to a rate equal to or less than 15% per annum, the Yield Factor shall be reduced from 2% to 1.5% or 1.75%, as applicable.

Yield Factor means ______%.