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.