Common use of Policy Type Clause in Contracts

Policy Type. The amount by which (x) the unpaid principal balance of Eligible Receivables having a policy type of voluntary or involuntary worker's compensation exceeds (y) the percentage (as shown below) of the unpaid principal balance of all Eligible Receivables (the "Concentration Limit") Concentration Limit 1. Workers compensation policies 30.0%

Policy Type. The amount by which (x) the unpaid principal balance of Eligible Receivables having a policy type of voluntary or involuntary worker's compensation exceeds (y) the percentage (as shown below) of the unpaid principal balance of all Eligible Receivables (the "Concentration LimitLimits") Concentration Limit 1. Workers compensation policies 30.040.0%