Loss Reserve Floor means 10%.
Loss Reserve Floor means 12.0%.
Loss Reserve Floor means 29%.
Examples of Loss Reserve Floor in a sentence
Loss Reserve Floor Obligor Name Obligor Total Ineligibles Eligible Receivables Concentration Limit % Limit Amount Excess Concentration Spec.
More Definitions of Loss Reserve Floor
Loss Reserve Floor means, at any time, the percentage not less than 8.0% and not greater than 15.0% specified by the Master Servicer in the most recent Portfolio Report.
Loss Reserve Floor means 16.0%.
Loss Reserve Floor or “Loss Percentage,” “Dilution Reserve,” “Dilution Ratio,” “Loss-to-Liquidation Ratio” or (H) amend or modify any defined term (or any defined term used directly or indirectly in such defined term) used in clauses (A) through (G) above in a manner that would circumvent the intention of the restrictions set forth in such clauses;
Loss Reserve Floor means (i) 11.00% for so long as the Provider is a Level 1 Rated Entity or a Level 2 Rated Entity and (ii) 13.00% for so long as the Provider is a Level 3 Rated Entity or, a Level 4 Rated Entity or a Xxxxx 0 Rated Entity. FIFTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT
Loss Reserve Floor means, at any time, 10 per cent.;
Loss Reserve Floor means, at any time, a percentage equal to (i) so long as the Parent Guarantor has a published Debt Rating from S&P of B or better and a published Debt Rating from Moody's of B2 or better, 12% and (ii) at any other time, 15%.
Loss Reserve Floor means, with respect to any date of determination, the greater of (i) the aggregate Unpaid Balance of Eligible Receivables of the four Obligors rated below ‘BBB-’ and ‘BB-’ or better that have the highest aggregate Unpaid Balances of Eligible Receivables and (ii) the aggregate Unpaid Balance of Eligible Receivables of the six Obligors rated below ‘BB-’ or unrated that have the highest aggregate Unpaid Balances of Eligible Receivables.