Aggregate Pool Characteristics Sample Clauses

Aggregate Pool Characteristics. The Receivables in the Trust, including the Subsequent Receivables to be conveyed to the Trust on the Subsequent Transfer Date, meet the following criteria: (A) the weighted average APR of the Receivables in the Trust shall not be less than 10.60%; (B) no Receivables shall have an APR less than 6.75%; (C) the weighted average remaining term to maturity of the Receivables on such Subsequent Transfer Date shall not be greater than 64 months; (D) based upon the billing addresses of the Dealers, not more than 10% of the aggregate Principal Balances of the Receivables, including such Subsequent Receivables, are located in any one state other than California, North Carolina, Virginia or Texas; (E) at least 65% of the Receivables shall be secured by automobiles and sports utility vehicles with a manufacturer's suggested retail price when new of $20,000 or more; (F) Pre-Computed Receivables shall not exceed 12% of the Receivables by Aggregate Principal Balance; (G) no more than 45% of the Receivables shall have an original term of more than 60 months but less than or equal to 72 months; (H) no Receivable shall have a Principal Balance less than $1000 or in excess of $85,000; and (I) no more than 4% of Aggregate Principal Balance of the Receivables shall be rated "Credit Tier A" as defined in Paragon's credit and collection policy.
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Related to Aggregate Pool Characteristics

  • Pool Characteristics The Mortgage Loans in the related Mortgage Loan Package have the characteristics as set forth on Exhibit 2 to the related Assignment and Conveyance.

  • Individual Characteristics Each Receivable has the following individual characteristics as of the Cut-Off Date:

  • Characteristics of Receivables As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable:

  • Mortgage Loan Characteristics The characteristics of the related Mortgage Loan Package are as set forth on the description of the pool characteristics for the applicable Mortgage Loan Package delivered pursuant to Section 11 on the related Closing Date in the form attached as Exhibit B to each related Assignment and Conveyance Agreement;

  • Cut-Off Date Aggregate Principal Balance The Cut-Off Date Aggregate Principal Balance is $850,069,757.10

  • Pool Balance 1. Pool Balance on the close of the last day of the preceding Collection Period $

  • Characteristics The Initial Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Initial Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Initial Contract with the latest maturity is due not later than May 2011. Approximately 79.79% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 20.21% is attributable to loans for purchases of used Motorcycles. No Initial Contract was originated after the Initial Cutoff Date. No Initial Contract has a Contract Rate less than 4.489%. The last scheduled payment date of the Contracts (including any Subsequent Contracts) is due no later than August 2011. Approximately 97.94% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson or Buell and approximately 2.06% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

  • Aggregate Purchase Price The aggregate purchase price for the Notes (the “Aggregate Purchase Price”) shall equal the result of (x) divided by (y), where (x) equals the Aggregate Principal Amount and (y) equals 1.25. Each date upon which a Closing occurs is a “Closing Date”.

  • Category 2 Funds On each purchase order for Class A shares and Class 529-A shares of Funds listed in Category 2 on the attached Schedule A that is accepted by us and for which you are responsible, you will be paid the same compensation indicated above except as follows: Compensation as Sales Charge Percentage of as Percentage Purchases Offering Price of Offering Price Less than $100,000 3.00% 3.75%

  • Category 4 Funds On sales of Class A shares and Class 529-A shares of the Funds listed in Category 4 on the attached Schedule A, no dealer concessions will be paid.

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