Extract to table

The LLC Agreement shall, among other things, provide that SkyLend Funding LLC (a) shall not commingle its assets with those of the Company or any other entity, (b) shall maintain separate books and records and bank accounts, (c) shall hold itself out as an entity separate from the Company, (d) shall not incur any indebtedness other than in connection with the Transaction, and (e) shall not engage in any business or activity other than as contemplated by the Transaction

The Trust shall serve as the issuing entity in the Transaction and shall issue the Notes and the subordinated residual interest contemplated hereby

The RPA shall set forth the eligibility criteria for receivables to be included in the pool, including, without limitation, a maximum single-obligor concentration limit of 0

15% of the aggregate outstanding principal balance of the pool or $300,000, whichever is less, and a geographic concentration limit providing that no single state shall account for more than 20% of the aggregate outstanding principal balance of the pool

50% per annum of the outstanding pool balance (estimated first-year servicing fee of approximately $1,000,000), a portion of which shall be paid to Clearview as sub-servicing compensation

The PPA shall provide for, among other things, an underwriting discount of 1