Common use of Annual Percentage Clause in Contracts

Annual Percentage. As of the Cut-Off Date, no more than 3.86% of the Receivables (by Principal Balance) have annual percentage rates of less than 13.00% and the weighted average annual percentage rate for the entire pool is no less than 17.81%.

Appears in 2 contracts

Samples: Purchase Agreement (TFC Enterprises Inc), Sale and Servicing (TFC Enterprises Inc)

AutoNDA by SimpleDocs

Annual Percentage. As of the Cut-Off Date, no more than 3.861.63% of the ----------------- Receivables (by Principal Balance) have annual percentage rates of less than 13.0013.0% and the weighted average annual percentage rate for the entire pool is no less than 17.8118.22%.

Appears in 1 contract

Samples: Purchase Agreement (TFC Enterprises Inc)

AutoNDA by SimpleDocs

Annual Percentage. As of the Cut-Off Date, no more than 3.861.63% of the ----------------- Receivables (by Principal Balance) have annual percentage rates of less than 13.0013% and the weighted average annual percentage rate for the entire pool is no less than 17.8118.22%.

Appears in 1 contract

Samples: Sale and Servicing (TFC Enterprises Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.