Net Yield Clause Samples
Net Yield. 41 7.3 Minimum Cash Balance...............................................................................41 7.4 Minimum Net Worth..................................................................................41 7.5 Minimum Subordinated Debt Plus Net Worth...........................................................42 7.6 Limitation on Quarterly Losses.....................................................................42 7.7 Minimum Servicing Balance..........................................................................42 7.8 Deferred Accounts..................................................................................42 7.9 Outstanding Balance of Loans.......................................................................42 Section 8. Defaults; Credit Triggers; Remedies..................................................................42 8.1 Events of Default; Acceleration....................................................................42 8.2 Remedies on Default, etc...........................................................................45 8.3 Credit Triggers....................................................................................46 Section 9. Definitions; Certain Rules of Construction...........................................................47 Section 10. Setoffs, Pro Rata Treatment; etc.....................................................................61 Section 11. Expenses; Indemnification............................................................................61 Section 12. Amendments and Waivers, etc..........................................................................63 Section 13. Nature of the Lenders' Obligations...................................................................64
Net Yield. The Company will not permit the Net Yield for any Eligible Securitization Transaction (i) with a Pool Factor of forty percent (40%) or greater to be less than two and one-half percent (2-1/2%) for any period of three (3) consecutive months and (ii) with a Pool Factor of less than forty percent (40%) to be less than one and one-half percent (1 1/2%) for any period of three (3) consecutive months.
Net Yield. The average Net Yield for all of the Company's Eligible Securitization Transactions for any period of three (3) consecutive months shall be greater than 0.0%.
Net Yield. Net Yield for the Bank will be calculated for all Private Label and Co-Branded Bankcard Accounts and Rewards Accounts in the manner described in Exhibit 2.6(f), and depending on the Net Yield so calculated, the parties will make such payments and effect such other Program adjustments as are provided for in Exhibit 2.6(f).