Weighted Average Remaining Term. As of each Transfer Date, the weighted average remaining term of the Receivables, taken as a whole after taking into account the addition of the Subsequent Receivable to be transferred on such Transfer Date, shall not be longer than 60 months.
Appears in 2 contracts
Sources: Contribution and Sale Agreement (Metlife Capital Equipment Loan Trusts), Contribution and Sale Agreement (Metlife Capital Equipment Loan Trusts)