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Common use of Coverage Requirement; Amount of Receivables Clause in Contracts

Coverage Requirement; Amount of Receivables. The Subordinate Percentage as of the most recent calculation date is not less than the Required Subordinate Percentage.

Appears in 3 contracts

Sources: Transfer and Administration Agreement (Compucredit Corp), Transfer and Administration Agreement (Compucredit Corp), Transfer and Administration Agreement (Compucredit Corp)

Related Clauses

  • Collection of Receivable Payments; Modifications of Receivables
  • Sale or Discount of Receivables
  • Collection of Receivables
  • Collection of Receivable Payments
  • Eligible Receivables

Parent Clauses

  • Representations and Warranties of the Transferor
  • Representations and Warranties
  • Ratification
  • Representations and Warranties of the Collection Agent
  • Collection Account
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