Extract to table

Overview of Eligibility Criteria Categories The Final Term Sheet (v3, dated September 2, 2022) sets forth seven core eligibility criteria that each receivable must satisfy for inclusion in the securitized pool of QRF 2022-1

In addition to the seven receivable-level eligibility criteria, three pool-level concentration limits function as supplemental eligibility constraints that must be satisfied before additional receivables can be added during the revolving period

Each receivable must be denominated and payable in United States dollars

Each receivable must be secured by the obligor's right to receive unearned premium refunds from the applicable insurance carrier upon cancellation of the financed insurance policy

This security interest must have been properly documented through a valid assignment executed by the obligor in favor of QPF (and its successors and assigns)

Each receivable must have an original contractual term of not more than 12 months from the date of origination