Delinquency Trigger Ratio

Delinquency Trigger Ratio. Means, at any time, a percentage equal to (i) the aggregate outstanding balance of all Adjusted Receivables (other than Adjusted Receivables the Obligor of which is an Affiliate of any Seller Party) that were Delinquent Receivables as of the last day of the most recently ended Accrual Period, divided by (ii) the aggregate outstanding balance of all Adjusted ... Receivables (other than Adjusted Receivables the Obligor of which is an Affiliate of any Seller Party) as of the end of the most recently ended Accrual Period. View More