Common use of Characteristics Clause in Contracts

Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 25, 2017. Approximately 68.35% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 31.65% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 98.91% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.43% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Buell and approximately 0.67% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2010-1), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2010-1), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2010-1)

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Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 25July 14, 20172018. Approximately 68.3565.08% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 31.6534.92% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 98.9199.25% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.430.21% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Buell and approximately 0.670.54% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-1), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-1), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2011-1)

Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 2526, 20172018. Approximately 68.3566.35% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 31.6533.65% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 98.9199.41% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.430.05% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Buell and approximately 0.670.53% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-2), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2011-2)

Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 25November 15, 20172016. Approximately 68.3577.69% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 31.6522.31% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 98.9198.80% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.430.72% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Buell and approximately 0.670.48% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2009-4), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2009-4)

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Characteristics. The Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Contract with the latest maturity is due no later than September 25July 30, 20172016. Approximately 68.3573.65% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 31.6526.35% is attributable to loans for purchases of used Motorcycles. No Contract was originated after the Cutoff Date. Approximately 98.9197.33% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson, approximately 0.43% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Davidson or Buell and approximately 0.672.67% of the Principal Balance of the Contracts as of the Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2009-2), Transfer and Sale Agreement (Harley-Davidson Motorcycle Trust 2009-2)

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