Required Reserves. A) [*] Month Delinquency Ratio B) [*] C) Loss Reserve Ratio (Calculated Below) D) Minimum Loss Percentage E) Loss Percentage [greatest of B, C, or D]
Appears in 1 contract
Sources: Receivables Purchase Agreement (KAR Auction Services, Inc.)
Required Reserves. A) [*] Month Delinquency Ratio
B) [*]] ð
C) Loss Reserve Ratio (Calculated Below)
D) Minimum Loss Percentage
E) Loss Percentage [greatest of B, C, or D]] Loss Percentage (1-Loss Percentage)
Appears in 1 contract
Sources: Receivables Purchase Agreement (KAR Auction Services, Inc.)