Common use of Concentration Clause in Contracts

Concentration. After giving effect to the transfer of such Designated Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall not be more than 2.00% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Annual Percentage Rate of the Receivables in the Trust shall not be less than 9.5%, and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 54 months;

Appears in 1 contract

Sources: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

Concentration. After giving effect to the transfer of such Designated ------------- Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall is not be more than 2.002% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Annual Percentage Rate of the Receivables in the Trust shall not be less than 9.5%, 9.75% and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 54 51 months;

Appears in 1 contract

Sources: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

Concentration. After giving effect to the transfer of such Designated ------------- Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall not be more than 2.00% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Annual Percentage Rate of the Receivables in the Trust shall not be less than 9.59.23%, and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 54 55 months;

Appears in 1 contract

Sources: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

Concentration. After giving effect to the transfer of such Designated ------------- Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall not be more than 2.00% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Annual Percentage Rate of the Receivables in the Trust shall not be less than 9.59.07%, and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 54 57 months;

Appears in 1 contract

Sources: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

Concentration. After giving effect to the transfer of such Designated ------------- Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall not be more than 2.00% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Effective Annual Percentage Rate of the Receivables in the Trust shall not be less than 9.57.25%, and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 54 53 months;

Appears in 1 contract

Sources: Purchase Agreement (Navistar Financial Retail Receivables Corporation)

Concentration. After giving effect to the transfer of such ------------- Designated Receivables to the Trust under the Further Transfer and Servicing Agreements, (i) the aggregate Receivables Balance of all Receivables from a single Obligor shall not be more than 2.00% of the aggregate Receivables Balance of all Receivables in the Trust, (ii) the weighted average Annual Percentage Rate of the Receivables in the Trust shall not be less than 9.58.12%, and (iii) the weighted average remaining maturity of the Receivables in the Trust shall not be greater than 54 55 months;

Appears in 1 contract

Sources: Purchase Agreement (Navistar Financial Retail Receivables Corporation)