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Common use of Excess Spread Clause in Contracts

Excess Spread. The Credit Parties shall not permit the Trailing Excess Spread (UK) to be less than eight percent (8.00%).

Appears in 4 contracts

Sources: Financing Agreement (Elevate Credit, Inc.), Financing Agreement (Elevate Credit, Inc.), Financing Agreement (Elevate Credit, Inc.)

Related Clauses

  • Collateral Shortfalls
  • Original Class A Percentage
  • Excess Cash Flow
  • Designation of Additional Amounts to Be Included in the Excess Spread Amount for the DiscoverSeries Notes
  • Excess Finance Charge Collections

Parent Clauses

  • Material Contracts
  • Financial Covenants
  • of Agreement
  • Allocations During the Rapid Amortization Period
  • Definitions Certain Terms

Sub-Clauses

  • Excess Spread
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