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Common use of Coverage Requirement Clause in Contracts

Coverage Requirement. The Percentage Factor does not exceed the Maximum Percentage Factor.

Appears in 4 contracts

Sources: Asset Backed Loan Agreement (Memec Inc), Receivables Transfer Agreement (Caremark Rx Inc), Receivables Transfer Agreement (Collins & Aikman Corp)

Coverage Requirement. Amount of Receivables. The Percentage Factor does not exceed the Maximum Percentage Factor.

Appears in 1 contract

Sources: Transfer and Administration Agreement (Fresenius Medical Care Corp)

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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