Prime Receivable definition

Prime Receivable means an account which is identified on the Collection Agent's master servicing record as a "type 24" account.

Prime Receivable means a Program Receivable originated or acquired under or by reference to the Prime Program.

Prime Receivable means a Receivable for which, at the time of underwriting, the related FICO Score was 680 or greater. "Prime Serviced Portfolio Receivable" means a Serviced Portfolio Receivable for which, at the time of underwriting, the related FICO Score was 680 or greater. "Principal Amount" means, with respect to any Loan, the aggregate amount advanced by the Lenders on the Funding Date in respect of such Loan. "Principal Balance" means, for any Receivable as of any date of determination, (i) the related Amount Financed minus (ii) the sum, without duplication, of (a) that portion of all Scheduled Payments actually received on or prior to such day allocable to principal using the Simple Interest Method plus (b) any payment of the Release Price with respect to such Receivable allocable to principal plus (c) any Cram Down Loss in respect of such Receivable plus (d) any prepayment in full or any partial prepayment applied in reduction of principal of such Receivable.

Examples of Prime Receivable in a sentence

• Xxxxxxxxx SCHEDULE II SCHEDULE OF LOCK-BOX ACCOUNTS Bank Name Originator Bank Account # --------- ---------- -------------- Bank of America Illinois All Originators 8188500959 000 Xxxxx Xxxxxxx Xx. Xxxxxxx, XX 00000 Xxxxx Fargo Bank ** All Originators 6355064529 MAC N9305-031 Prime Receivable Corp.

• Xxxxxx Title: President SCHEDULE IV SCHEDULE OF LOCK-BOX ACCOUNTS Bank Name Originator Bank Account # Bank of America Illinois All Originators 8188500959 000 Xxxxx Xxxxxxx Xx. Xxxxxxx, XX 00000 Norwest All Originators 6355064529 MAC N9305-031 Prime Receivable Corp.

• Storer --------------------------------------------- Title: President --------------------------------------- SCHEDULE IV SCHEDULE OF LOCK-BOX ACCOUNTS BANK NAME ORIGINATOR BANK ACCOUNT # --------- ---------- -------------- Bank of America Illinois All Originators 8188500959 231 South Lasalle St. Chicago, IL 60697 Norwest Xxx Xxxxxxxxxxx 6355064529 MAC N9305-031 Prime Receivable Corp.

• Add § 721.10269 to subpart E to read as follows:§ 721.10269 [5,6]Fullerene-C84–D2.

• Xxxxxxxxx SCHEDULE II SCHEDULE OF LOCK-BOX ACCOUNTS Bank Name Originator Bank Account # Bank of America Illinois All Originators 8188500959 000 Xxxxx Xxxxxxx Xx. Xxxxxxx, XX 00000 Norwest All Originators 6355064529 MAC N9305-031 Prime Receivable Corp.

• Sims SCHEDULE II SCHEDULE OF LOCK-BOX ACCOUNTS BANK NAME ORIGINATOR BANK ACCOUNT # --------- ---------- -------------- Bank of America Illinois All Originators 8188500959 231 South Lasalle St. Chicago, IL 60697 Norwest Xxx Xxxxxxxxxxx 6355064529 MAC N9305-031 Prime Receivable Corp.

More Definitions of Prime Receivable

Prime Receivable means, a Receivable originated (a) by Bay View or Long Beach or pursuant to a Third-Party Lender Program, in each case, on or prior to April 11, 2008 for which the related Obligor had a Credit Bureau Score equal to or greater than 680 at the time the Receivable was originated, (b) by AmeriCredit or its Affiliates or pursuant to a Third-Party Lender Program which has received a Prime Designation Stamp or (c) by Bay View for which the related Obligor had a Credit Bureau Score equal to or greater than 680 at the time the Receivable was originated.

Prime Receivable means a Receivable for which, at the time of underwriting, the related FICO Score was 700 or greater. "Prime Serviced Portfolio Receivable" means a Serviced Portfolio Receivable for which, at the time of underwriting, the related FICO Score was 700 or greater. "Principal Amount" means, with respect to any Loan, the aggregate amount advanced by the Lenders on the Funding Date in respect of such Loan. "Principal Balance" means, for any Receivable as of any date of determination, (i) the related Amount Financed minus the sum, without duplication, of (a) that portion of all Scheduled Payments actually received on or prior to such day allocable to principal using the Simple Interest Method plus (b) any payment of the Release Price with respect to such Receivable allocable to principal plus (c) any Cram Down Loss in respect of such Receivable plus (d) any prepayment in full or any partial prepayment applied in reduction of principal of such Receivable. "Program Fee" means, for any Collection Period, the fee payable by the Borrower on the related Payment Date in an amount equal to the product of (i) the Program Fee Rate times (ii) the average daily Loans Outstanding during such Collection Period funded by Commercial Paper Notes times (iii) a fraction, (a) the numerator of which is the actual number of days during such Collection Period and (b) the denominator of which is 360. "Program Fee Rate" has the meaning given to such term in the Fee Letter. "Purchase Agreement" means the Amended and Restated Purchase Agreement, dated as of December 31, 2020, between DFC and the Borrower, together with each Purchase Agreement Supplement. "Purchase Agreement Supplement" means a Purchase Agreement Supplement in substantially the form attached to the Purchase Agreement as Exhibit A, executed by the Borrower and DFC in connection with a transfer of Receivables and the related Collateral on any Funding Date. "Qualified Institution" means any depository institution or trust company organized under the laws of the United States or any State (or any domestic branch of a foreign bank), (i) (a) that meets (or the parent of which meets) either (1) the Long-Term Rating Requirement or (2) the Short-Term Rating Requirement or (b) is otherwise acceptable to the Administrative Agent and (ii) whose deposits are insured by the Federal Deposit Insurance Corporation. "Quarterly Report" means a data tape, which shall include as to each Receivable such information as shall be agreed upon by the ...

Prime Receivable means any of a New Prime Receivable or an Old Prime Receivable.

Prime Receivable means a Receivable for which, at the time of underwriting, the related FICO Score was 680 or greater. "Prime Serviced Portfolio Receivable" means a Serviced Portfolio Receivable for which, at the time of underwriting, the related FICO Score was 680 or greater. "Principal Amount" means, with respect to any Loan, the aggregate amount advanced by the Lenders on the Funding Date in respect of such Loan.