FlexShopper Plus Merchandise definition

FlexShopper Plus Merchandise means, as of any date of determination, any Eligible Lease that finances Eligible Merchandise under the Seller’s “FlexShopper Plus” test product, which product employs a retail markup multiple of at least 1.5x.
FlexShopper Plus Merchandise means, as of any date of determination, any Eligible Lease that finances Eligible Merchandise under the Seller’s “FlexShopper Plus” test product, which product employs a retail markup multiple of at least 1.8x.