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Common use of Coverage Requirement Clause in Contracts

Coverage Requirement. The sum of the Net Investment, plus the Required Reserves does not exceed the Net Pool Balance.

Appears in 11 contracts

Sources: Transfer and Administration Agreement (Arrow Electronics, Inc.), Transfer and Administration Agreement (Arrow Electronics Inc), Transfer and Administration Agreement (Arrow Electronics Inc)

Coverage Requirement. The sum of the Net Investment, plus the -------------------- Required Reserves does not exceed the Net Pool Balance.

Appears in 1 contract

Sources: Transfer and Administration Agreement (Arrow Electronics Inc)

Related Clauses

  • Coverage Requirements
  • Insurance Coverage Requirements
  • Service Requirement
  • W-9 Requirement
  • CONTRACT COMPLIANCE REQUIREMENT

Parent Clauses

  • Representations and Warranties
  • Representations and Warranties of the Borrower
  • Representations and Warranties of the SPV and the Initial Servicer
  • Miscellaneous
  • WAIVER OF JURY TRIAL

Sub-Clauses

  • Inspection of Property, Books and Records
  • Maintenance of Existence, etc
  • Joinder of Subsidiaries
  • Transactions with Affiliates
  • Maintenance of Property
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