Yield Factor definition
Examples of Yield Factor in a sentence
The Series Yield Factor for the Series established hereby shall initially be the Series Yield Factor set forth in the Series Term Sheet.
The Series Yield Factor for the Series established hereby initially shall be the Series Yield Factor set forth in the Series Term Sheet.
A portion of the Collections on the Receivables received in any Due Period equal to the product of the aggregate amount of such Collections and the Yield Factor will be treated as Yield Collections.
Receivables in an amount equal to the product of the Yield Factor (initially 1.3%) and amounts charged by cardholders for goods and services and cash advances (the "Discount Receivables") will be allocated to the Certificates and treated as Finance Charge Receivables (Discount Receivables, together with the Periodic Finance Charges, Annual Membership Fees and Other Charges, the "Finance Charge Receivables").
The Yield Factor will initially be equal to 3.0%, and, subject to certain limitations, may be changed from time to time by the Transferors.