Common use of New Vehicles Clause in Contracts

New Vehicles. At least [ ]% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (Hyundai Abs Funding Corp), Sale and Servicing Agreement (Hyundai Abs Funding Corp), Sale and Servicing Agreement (Hyundai Abs Funding Corp)

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New Vehicles. At least [ ]95.48% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2012-C), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2012-C), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2008-A)

New Vehicles. At least [ ]96.25% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Hyundai Abs Funding Corp), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2009-A), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2009-A)

New Vehicles. At least [ ]94.10% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2012-B), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2012-B)

New Vehicles. At least [ ]99.14% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2011-C), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2011-C)

New Vehicles. At least [ ]94.57% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2014-B), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2014-B)

New Vehicles. At least [ ]95.69% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Hyundai Abs Funding Corp), Sale and Servicing Agreement (Hyundai Abs Funding Corp)

New Vehicles. At least [ ]98.57% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2011-A), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2011-A)

New Vehicles. At least [ ]97.6% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2012-A), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2012-A)

New Vehicles. At least [ ]94.46% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2015-A), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-A)

New Vehicles. At least [ ]95.03% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2014-A), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2014-A)

New Vehicles. At least [ ]97% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Abs Funding Corp), Receivables Purchase Agreement (Hyundai Abs Funding Corp)

New Vehicles. At least [ ]98.58% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2010-B), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2010-B)

New Vehicles. At least [ ]98.60% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2011-B), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2011-B)

New Vehicles. At least [ ]92.52% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-C), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2015-C)

New Vehicles. At least [ ]92.76% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2015-B), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-B)

New Vehicles. At least [ ]97.54% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2006-A), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2006-A)

New Vehicles. At least [ ]96.14% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Abs Funding Corp), Receivables Purchase Agreement (Hyundai Abs Funding Corp)

New Vehicles. At least [ ]97.82% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2006-B), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2006-B)

New Vehicles. At least [ [__]% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC)

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New Vehicles. At least [ ]95.47% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2013-A), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2013-A)

New Vehicles. At least [ ]97.21% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2010-A), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2010-A)

New Vehicles. At least [ ]96.42% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2013-C), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2013-C)

New Vehicles. At least [ [_____]% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Abs Funding Corp)

New Vehicles. At least [ [_______]% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Hyundai Abs Funding Corp)

New Vehicles. At After the inclusion of the Subsequent Receivables, at least [ ]45% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 1 contract

Samples: Receivables Purchase Agreement (BMW Vehicle Owner Trust 2001-A)

New Vehicles. At least [ [____]% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Abs Funding Corp)

New Vehicles. At least [ [___]% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 1 contract

Samples: Receivables Purchase Agreement (National City Bank /)

New Vehicles. At least [ ]47.51% of the aggregate principal balance of the Initial Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 1 contract

Samples: Receivables Purchase Agreement (BMW Vehicle Owner Trust 2001-A)

New Vehicles. At least [ ]53.00% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 1 contract

Samples: Receivables Purchase Agreement (BMW Vehicle Owner Trust 2002-A)

New Vehicles. At After the inclusion of the Subsequent Receivables, at least [ ]% of the aggregate principal balance of the Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 1 contract

Samples: Receivables Purchase Agreement (BMW Vehicle Owner Trust 2001-A)

New Vehicles. At least [ ]% of the aggregate principal balance of the Initial Receivables is secured by Financed Vehicles which were new at the date of origination.

Appears in 1 contract

Samples: Receivables Purchase Agreement (BMW Vehicle Owner Trust 2001-A)

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