Reserve Account Required Amount

Reserve Account Required Amount. Means, (x) as of any Borrowing Base Determination Date during the Revolving Period, the product of (i) the applicable Revolving Period Reserve Percentage and (ii) the Net Receivables Balance as of such Borrowing Base Determination Date; and (y) as of any date of determination during the Amortization Period, the lesser of: (i) ... the greatest of: (A) 6.0% of the Aggregate Outstanding Balance of all Receivables as of the commencement of the Amortization Period; (B) the product of (I) the applicable Amortization Period Reserve Percentage and (II) the Aggregate Outstanding Balance of all Receivables as of such date of determination; and (C) the product of (I) the Credit Score Based Reserve Percentage applicable to the Amortization Period and (II) the Aggregate Outstanding Balance of all Receivables as of such date of determination; and (ii) the Net Investment as of such date of determination 4 View More