Contract analysis
Clause-by-clause risk read on any document of the firm. Pick a contract, or open any document from a matter.
Contract analysis / investor-presentation-deck.pptx
investor-presentation-deck.pptx
High · 0
Medium · 1
Standard · 2
1. Trustee fees and expenses ($35,000/yr + $5,000/payment date)
Standard
⚑ Commercial term
1. Trustee fees and expenses ($35,000/yr + $5,000/payment date)
2. Servicing fee (1.00% p.a. on outstanding pool balance)
Standard
⚑ Commercial term
2. Servicing fee (1.00% p.a. on outstanding pool balance)
3. Class A interest → 4. Class B interest → 5. Class C interest
3. Class A interest → 4. Class B interest → 5. Class C interest
6. Class A principal (until paid in full) → 7. Class B principal → 8. Class C principal
6. Class A principal (until paid in full) → 7. Class B principal → 8. Class C principal
10. Residual to Issuer (retained by sponsor)
Medium
⚑ Liability cap to check against exposure
10. Residual to Issuer (retained by sponsor) [slide 13] Eligible Receivables Criteria Originated by QPF in the ordinary course of business Denominated in USD; secured by unearned premium refund rights Original term ≤ 12 months; obligor is a U.S. commercial policyholder Not in default (no payment more than 60 days past due) Compliant with all applicable usury and licensing laws [slide 14] Early Amortization Triggers 3