Common use of Receivables Pool Clause in Contracts

Receivables Pool. The inclusion of any Receivable in the Receivables Pool after the Closing Date will not (a) reduce the weighted average Contract Rate of the Receivables included in the Receivables Pool to less than 16.5%, (b) increase the weighted average remaining term to maturity of the Receivables included in the Receivables Pool to greater than 63 months, (c) in the case of Receivables originated by COAF, increase the average Loan to Value Ratio of Receivables included in the Receivables Pool as of a Funding Date to greater than 115%, (d) cause the aggregate Receivable Balances of all Referral Receivables to exceed 5% of the Aggregate Receivable Balance, or (e) in the case of the inclusion of a Subsequent Receivable in the Receivables Pool, result in a material reduction in the overall credit quality of the Receivables Pool.

Receivables Pool. The inclusion of any Receivable in the Receivables Pool after the Closing Date will not (a) reduce the weighted average Contract Rate of the Receivables included in the Receivables Pool to less than 16.514.99%, (b) increase the weighted average remaining term to maturity of the Receivables included in the Receivables Pool to greater than 63 64 months, (c) in the case of Receivables originated by COAF, increase the average Loan to Value Ratio of Receivables included in the Receivables Pool as of a Funding Date to greater than 115%, (d) cause the aggregate Receivable Balances of all Referral Receivables to exceed 510% of the Aggregate Receivable Balance, or (e) in the case of the inclusion of a Subsequent Receivable in the Receivables Pool, result in a material reduction in the overall credit quality of the Receivables Pool.

Receivables Pool. The inclusion of any Receivable in the Receivables Pool after the Closing Date will not (a) reduce the weighted average Contract Rate of the Receivables included in the Receivables Pool to less than 16.515.60%, (b) increase the weighted average remaining term to maturity of the Receivables included in the Receivables Pool to greater than 63 months, (c) in the case of Receivables originated by COAF, increase the average Loan to Value Ratio of Receivables included in the Receivables Pool as of a Funding Date to greater than 115%, (d) cause the aggregate Receivable Balances of all Referral Receivables to exceed 5% of the Aggregate Receivable Balance, or (e) in the case of the inclusion of a Subsequent Receivable in the Receivables Pool, result in a material reduction in the overall credit quality of the Receivables Pool.