Required Reserve Percentage definition

Required Reserve Percentage means, on any day, the higher of:

Required Reserve Percentage means [***]*%.

Required Reserve Percentage means, on any day, a percentage equal to the greater of (i) 25% and (ii) the sum of (1) the most recently calculated Dilution Reserve Percentage plus (2) the most recently calculated Loss Reserve Percentage plus (3) the most recently calculated Yield Reserve Percentage.

Examples of Required Reserve Percentage in a sentence

• The Required Reserve Percentage of each currently outstanding Series of variable funding notes, term Series Class A notes and extendable term notes is 10%, subject to upward adjustment if certain pool characteristics exceed specified limits.

• Required Reserve Percentage (REU) for this District3.00%3.00%3.00%c.

• The Required Reserve Percentage of the currently outstanding term Series Class B notes varies by Series and ranges from 4.25% to 6.25%, subject to upward adjustment if certain pool characteristics exceed specified limits.

• The Required Reserve Amount may only increase ("e.g., through amendments increasing the Required Reserve Percentage or through the issuance of a new Series) to the extent of the allocable portion of the Available Issuer Interest at such time.

More Definitions of Required Reserve Percentage

Required Reserve Percentage means [***]%.

Required Reserve Percentage means 10%.

Required Reserve Percentage. As of any date of determination, the total amount of reserves, expressed as a percentage of the Net Eligible Receivables Balance, equal to the sum of the Dilution Reserve Percentage, the Discount Reserve Percentage, the Loss Reserve Percentage, the F/X Reserve Percentage and the MSP Reserve Percentage.

Required Reserve Percentage means, on any day, the sum of (a) the Yield Reserve Percentage, plus (b) the greater of (i) the sum of (A) the Dynamic Loss Reserve Percentage, plus (B) the Dilution Reserve Percentage and (ii) the sum of (A) the Loss Reserve Floor Percentage, plus (B) the Dilution Reserve Floor Percentage.

Required Reserve Percentage means the ratio (expressed as a percentage) equal to the sum of (a) the Gross Loss Adjuster, (b) the Dilution Adjuster, and (c) the Portfolio Yield Adjuster; provided that the Required Reserve Percentage shall not be less than 15.0%.

Required Reserve Percentage means 5.0%; provided, however, that upon the occurrence and continuance of a Step-Up Trigger Event, the Required Reserve Percentage shall be 7.5%.

Required Reserve Percentage shall instead mean the sum of (i) one and one-half percent (1.5%) plus (ii) ten percent (10%) minus the Weighted Average Yield of the Contracts in the Trust Property for the related Collection Period.